Vocera Communications Inc (NYSE:VCRA) General Counsel Douglas Alan Carlen Sells 3,000 Shares

Vocera Communications Inc (NYSE:VCRA) General Counsel Douglas Alan Carlen sold 3,000 shares of the business’s stock in a transaction that occurred on Thursday, August 15th. The shares were sold at an average price of $23.99, for a total value of $71,970.00. Following the completion of the transaction, the general counsel now directly owns 75,840 shares in the company, valued at approximately $1,819,401.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Shares of Vocera Communications stock traded up $0.28 during trading on Friday, reaching $23.83. The company’s stock had a trading volume of 303,300 shares, compared to its average volume of 698,599. The company has a quick ratio of 4.36, a current ratio of 4.45 and a debt-to-equity ratio of 0.75. Vocera Communications Inc has a 12-month low of $23.32 and a 12-month high of $42.60. The company has a market capitalization of $749.69 million, a P/E ratio of -140.18 and a beta of 0.18. The business has a 50 day moving average price of $28.04 and a 200-day moving average price of $31.33.

Vocera Communications (NYSE:VCRA) last posted its quarterly earnings results on Thursday, July 25th. The communications equipment provider reported ($0.13) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.19) by $0.06. Vocera Communications had a negative return on equity of 8.62% and a negative net margin of 10.15%. The firm had revenue of $44.80 million for the quarter, compared to the consensus estimate of $43.38 million. During the same period in the previous year, the business earned $0.09 earnings per share. The company’s revenue for the quarter was up 4.9% compared to the same quarter last year. Research analysts predict that Vocera Communications Inc will post -0.35 EPS for the current fiscal year.



A number of research firms have recently issued reports on VCRA. Citigroup set a $28.00 target price on Vocera Communications and gave the company a “hold” rating in a report on Friday, July 26th. TheStreet lowered Vocera Communications from a “c” rating to a “d+” rating in a report on Wednesday, August 7th. Cantor Fitzgerald set a $36.00 target price on Vocera Communications and gave the company an “overweight” rating in a report on Friday, July 26th. William Blair reissued a “buy” rating on shares of Vocera Communications in a report on Friday, July 26th. Finally, Zacks Investment Research raised Vocera Communications from a “hold” rating to a “buy” rating and set a $31.00 target price on the stock in a report on Saturday, July 27th. Three analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $35.00.

Several institutional investors have recently bought and sold shares of the stock. Freestone Capital Holdings LLC purchased a new stake in shares of Vocera Communications in the first quarter valued at approximately $9,489,000. State Board of Administration of Florida Retirement System boosted its stake in shares of Vocera Communications by 2.7% in the second quarter. State Board of Administration of Florida Retirement System now owns 22,492 shares of the communications equipment provider’s stock valued at $718,000 after buying an additional 600 shares in the last quarter. Legal & General Group Plc boosted its stake 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 buying an additional 616 shares in the last quarter. Neuburgh Advisers LLC boosted its stake in shares of Vocera Communications by 2.7% in the second quarter. Neuburgh Advisers LLC now owns 31,504 shares of the communications equipment provider’s stock valued at $1,006,000 after buying an additional 832 shares in the last quarter. Finally, United Services Automobile Association boosted its stake in shares of Vocera Communications by 8.4% in the second quarter. United Services Automobile Association now owns 12,473 shares of the communications equipment provider’s stock valued at $398,000 after buying an additional 964 shares in the last quarter.

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 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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