Insider Selling: Vocera Communications Inc (VCRA) Chairman Sells 10,000 Shares of Stock

Vocera Communications Inc (NYSE:VCRA) Chairman Brent D. Lang sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, January 7th. The stock was sold at an average price of $40.22, for a total value of $402,200.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

NYSE VCRA opened at $40.56 on Friday. The company has a debt-to-equity ratio of 0.69, a quick ratio of 4.46 and a current ratio of 4.52. Vocera Communications Inc has a twelve month low of $22.43 and a twelve month high of $42.42. The company has a market cap of $1.26 billion, a P/E ratio of -135.20 and a beta of 0.24.

Vocera Communications (NYSE:VCRA) last released its quarterly earnings results on Thursday, October 25th. The communications equipment provider reported $0.03 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.07) by $0.10. Vocera Communications had a negative return on equity of 0.71% and a negative net margin of 3.36%. The company had revenue of $47.82 million for the quarter, compared to analyst estimates of $46.40 million. Research analysts predict that Vocera Communications Inc will post -0.16 EPS for the current fiscal year.



Several hedge funds and other institutional investors have recently added to or reduced their stakes in VCRA. Schwab Charles Investment Management Inc. boosted its position in shares of Vocera Communications by 1.4% during the second quarter. Schwab Charles Investment Management Inc. now owns 154,277 shares of the communications equipment provider’s stock valued at $4,612,000 after purchasing an additional 2,177 shares in the last quarter. Swiss National Bank boosted its position in shares of Vocera Communications by 10.1% during the second quarter. Swiss National Bank now owns 50,200 shares of the communications equipment provider’s stock valued at $1,500,000 after purchasing an additional 4,600 shares in the last quarter. BlackRock Inc. boosted its position in shares of Vocera Communications by 5.6% during the second quarter. BlackRock Inc. now owns 2,157,527 shares of the communications equipment provider’s stock valued at $64,487,000 after purchasing an additional 114,353 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of Vocera Communications by 22.1% during the second quarter. Envestnet Asset Management Inc. now owns 10,419 shares of the communications equipment provider’s stock valued at $311,000 after purchasing an additional 1,887 shares in the last quarter. Finally, Laurion Capital Management LP bought a new stake in Vocera Communications in the second quarter worth $234,000.

VCRA has been the subject of a number of recent research reports. Zacks Investment Research upgraded Vocera Communications from a “hold” rating to a “buy” rating and set a $44.00 target price for the company in a research report on Tuesday, January 1st. Citigroup reissued a “buy” rating and set a $46.00 target price (up from $37.00) on shares of Vocera Communications in a research note on Tuesday, December 18th. Robert W. Baird reissued a “buy” rating and set a $40.00 target price on shares of Vocera Communications in a research note on Friday, November 30th. Jefferies Financial Group assumed coverage on Vocera Communications in a research note on Wednesday, September 19th. They set a “buy” rating and a $40.00 target price on the stock. Finally, Cantor Fitzgerald reissued an “overweight” rating and set a $45.00 target price on shares of Vocera Communications in a research note on Friday. One analyst has rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $40.78.

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Vocera Communications Company Profile

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.

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

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