Brent D. Lang Sells 5,622 Shares of Vocera Communications Inc (VCRA) Stock

Vocera Communications Inc (NYSE:VCRA) Chairman Brent D. Lang sold 5,622 shares of Vocera Communications stock in a transaction on Tuesday, May 14th. The stock was sold at an average price of $35.03, for a total value of $196,938.66. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Shares of VCRA stock traded up $0.43 on Thursday, hitting $34.33. The stock had a trading volume of 7,967 shares, compared to its average volume of 471,365. The company has a debt-to-equity ratio of 0.71, a current ratio of 4.57 and a quick ratio of 4.46. The company has a market capitalization of $1.07 billion, a P/E ratio of -201.94 and a beta of 0.24. Vocera Communications Inc has a one year low of $24.27 and a one year high of $42.60.

Vocera Communications (NYSE:VCRA) last released its quarterly earnings data on Thursday, April 25th. The communications equipment provider reported ($0.17) earnings per share for the quarter, beating the consensus estimate of ($0.39) by $0.22. The firm had revenue of $35.30 million during the quarter, compared to the consensus estimate of $34.03 million. Vocera Communications had a negative return on equity of 7.87% and a negative net margin of 9.52%. The firm’s quarterly revenue was down 12.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.04 earnings per share. On average, analysts anticipate that Vocera Communications Inc will post -0.33 earnings per share for the current fiscal year.



Several research firms have recently weighed in on VCRA. Cantor Fitzgerald reiterated an “overweight” rating and set a $40.00 target price (up from $37.00) on shares of Vocera Communications in a research report on Thursday. ValuEngine upgraded Vocera Communications from a “buy” rating to a “strong-buy” rating in a research report on Friday, May 3rd. Guggenheim began coverage on Vocera Communications in a research report on Wednesday, April 17th. They set a “buy” rating and a $35.00 target price for the company. Citigroup downgraded Vocera Communications from a “buy” rating to a “neutral” rating in a research report on Friday, February 8th. Finally, Chardan Capital downgraded Vocera Communications from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $46.00 to $33.00 in a research report on Monday, February 11th. Three investment analysts have rated the stock with a hold rating, seven 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 price target of $39.30.

Several hedge funds have recently added to or reduced their stakes in the stock. Freestone Capital Holdings LLC bought a new stake in shares of Vocera Communications in the first quarter valued at about $9,489,000. Macquarie Group Ltd. raised its holdings in shares of Vocera Communications by 1.3% in the first quarter. Macquarie Group Ltd. now owns 30,343 shares of the communications equipment provider’s stock valued at $960,000 after acquiring an additional 386 shares in the last quarter. Legal & General Group Plc raised its holdings in shares of Vocera Communications by 13.0% in the fourth quarter. Legal & General Group Plc now owns 5,348 shares of the communications equipment provider’s stock valued at $211,000 after acquiring an additional 616 shares in the last quarter. Bronfman E.L. Rothschild L.P. raised its holdings in shares of Vocera Communications by 116.4% in the fourth quarter. Bronfman E.L. Rothschild L.P. now owns 1,190 shares of the communications equipment provider’s stock valued at $47,000 after acquiring an additional 640 shares in the last quarter. Finally, Raymond James & Associates raised its holdings in shares of Vocera Communications by 14.1% in the fourth quarter. Raymond James & Associates now owns 7,497 shares of the communications equipment provider’s stock valued at $295,000 after acquiring an additional 926 shares in the last quarter.

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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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