Brent D. Lang Sells 23,260 Shares of Vocera Communications, Inc. (NYSE:VCRA) Stock

Vocera Communications, Inc. (NYSE:VCRA) CEO Brent D. Lang sold 23,260 shares of the stock in a transaction that occurred on Monday, September 13th. The stock was sold at an average price of $47.34, for a total transaction of $1,101,128.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

VCRA stock traded down $0.61 during midday trading on Tuesday, reaching $46.79. The stock had a trading volume of 156,412 shares, compared to its average volume of 347,561. The company’s fifty day simple moving average is $44.76 and its 200 day simple moving average is $40.15. The company has a current ratio of 4.38, a quick ratio of 4.28 and a debt-to-equity ratio of 1.82. The company has a market cap of $1.62 billion, a price-to-earnings ratio of -275.22 and a beta of 0.16. Vocera Communications, Inc. has a 52-week low of $26.54 and a 52-week high of $55.60.

Vocera Communications (NYSE:VCRA) last announced its quarterly earnings data on Thursday, July 29th. The communications equipment provider reported $0.15 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.13) by $0.28. Vocera Communications had a positive return on equity of 2.72% and a negative net margin of 2.62%. Sell-side analysts predict that Vocera Communications, Inc. will post -0.2 EPS for the current year.

Several brokerages recently weighed in on VCRA. Zacks Investment Research upgraded shares of Vocera Communications from a “sell” rating to a “hold” rating in a report on Wednesday, August 4th. Colliers Securities reaffirmed a “buy” rating and set a $46.00 price objective on shares of Vocera Communications in a research note on Friday, July 30th. BTIG Research raised their price objective on shares of Vocera Communications from $50.00 to $55.00 and gave the stock a “buy” rating in a research note on Thursday, August 19th. Morgan Stanley raised their price objective on shares of Vocera Communications from $40.00 to $44.00 and gave the stock an “equal weight” rating in a research note on Wednesday, August 18th. Finally, Piper Sandler dropped their price objective on shares of Vocera Communications from $56.00 to $53.00 and set an “overweight” rating on the stock in a research note on Monday, August 2nd. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $46.30.

A number of hedge funds have recently made changes to their positions in VCRA. Macquarie Group Ltd. lifted its holdings in Vocera Communications by 293,055.4% in the 2nd quarter. Macquarie Group Ltd. now owns 1,031,907 shares of the communications equipment provider’s stock valued at $41,121,000 after purchasing an additional 1,031,555 shares in the last quarter. Waddell & Reed Financial Inc. purchased a new stake in Vocera Communications in the 1st quarter valued at about $22,995,000. Millennium Management LLC raised its holdings in Vocera Communications by 228.7% in the 2nd quarter. Millennium Management LLC now owns 747,822 shares of the communications equipment provider’s stock valued at $29,801,000 after buying an additional 520,302 shares during the period. FMR LLC raised its holdings in Vocera Communications by 1,557,172.7% in the 1st quarter. FMR LLC now owns 513,900 shares of the communications equipment provider’s stock valued at $16,255,000 after buying an additional 513,867 shares during the period. Finally, Jefferies Group LLC raised its holdings in Vocera Communications by 966.5% in the 2nd quarter. Jefferies Group LLC now owns 511,936 shares of the communications equipment provider’s stock valued at $20,401,000 after buying an additional 463,936 shares during the period.

Vocera Communications Company Profile

Vocera Communications, Inc engages in the provision of secure, integrated, intelligent communication and workflow solutions. It offers smartphone and wearable devices, clinical communication software, system interoperability and alarm management, and patient and family engagement products. The firm serves the healthcare, hospitality, retail, veterinary care, education, and energy industries.

Read More: Trading signals using Bollinger bands

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

Receive News & Ratings for Vocera Communications Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vocera Communications and related companies with MarketBeat.com's FREE daily email newsletter.