Vocera Communications Inc (VCRA) Chairman Sells $325,400.00 in Stock

Vocera Communications Inc (NYSE:VCRA) Chairman Brent D. Lang sold 10,000 shares of Vocera Communications stock in a transaction dated Monday, July 9th. The stock was sold at an average price of $32.54, for a total value of $325,400.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Vocera Communications traded up $0.14, hitting $32.75, during trading hours on Wednesday, according to MarketBeat. 447,655 shares of the company were exchanged, compared to its average volume of 277,359. The stock has a market capitalization of $973.92 million, a P/E ratio of -108.67 and a beta of -0.11. Vocera Communications Inc has a 52 week low of $22.43 and a 52 week high of $33.13.

Vocera Communications (NYSE:VCRA) last released its earnings results on Thursday, April 26th. The communications equipment provider reported $0.04 EPS for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.09. The firm had revenue of $40.20 million for the quarter, compared to analysts’ expectations of $39.16 million. Vocera Communications had a negative return on equity of 5.95% and a negative net margin of 7.42%. The company’s quarterly revenue was up 10.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.05) earnings per share. equities analysts predict that Vocera Communications Inc will post -0.22 EPS for the current year.

VCRA has been the topic of several research reports. Cantor Fitzgerald reaffirmed a “buy” rating and issued a $35.00 target price on shares of Vocera Communications in a report on Tuesday, March 27th. ValuEngine raised Vocera Communications from a “hold” rating to a “buy” rating in a research note on Thursday, June 21st. Zacks Investment Research raised Vocera Communications from a “sell” rating to a “hold” rating in a research note on Saturday, April 21st. Leerink Swann cut Vocera Communications from an “outperform” rating to a “market perform” rating and set a $29.00 price objective on the stock. in a research note on Tuesday, March 13th. They noted that the move was a valuation call. Finally, Piper Jaffray Companies boosted their price objective on Vocera Communications to $33.00 and gave the stock an “overweight” rating in a research note on Thursday, June 21st. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and eight have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $34.00.

Several institutional investors and hedge funds have recently added to or reduced their stakes in VCRA. Rockefeller Capital Management L.P. bought a new position in shares of Vocera Communications during the first quarter valued at approximately $24,860,000. Loomis Sayles & Co. L P bought a new position in shares of Vocera Communications during the first quarter valued at approximately $13,477,000. Elk Creek Partners LLC grew its stake in shares of Vocera Communications by 58.1% during the first quarter. Elk Creek Partners LLC now owns 972,699 shares of the communications equipment provider’s stock valued at $22,781,000 after buying an additional 357,397 shares during the last quarter. American Century Companies Inc. bought a new position in shares of Vocera Communications during the first quarter valued at approximately $5,794,000. Finally, Hood River Capital Management LLC grew its stake in shares of Vocera Communications by 50.6% during the first quarter. Hood River Capital Management LLC now owns 431,241 shares of the communications equipment provider’s stock valued at $10,100,000 after buying an additional 144,835 shares during the last quarter.

About Vocera Communications

Vocera Communications, Inc provides secure, integrated, and intelligent communication and workflow solutions that empowers mobile workers in healthcare, hospitality, energy, and other mission-critical mobile work environments in the United States and internationally. The company's communication solution could be integrated with other clinical systems, including electronic health records, nurse call systems, and patient monitoring, as well as to provide critical data, alerts, alarms, and clinical context that enable workflow.

Insider Buying and Selling by Quarter for Vocera Communications (NYSE:VCRA)

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