Insider Selling: Vocera Communications Inc (NYSE:VCRA) CEO Sells $353,687.04 in Stock

Vocera Communications Inc (NYSE:VCRA) CEO Brent D. Lang sold 11,696 shares of the firm’s stock in a transaction on Tuesday, July 28th. The shares were sold at an average price of $30.24, for a total transaction of $353,687.04. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Shares of Vocera Communications stock opened at $30.77 on Friday. Vocera Communications Inc has a twelve month low of $15.89 and a twelve month high of $33.85. The company has a quick ratio of 4.22, a current ratio of 4.32 and a debt-to-equity ratio of 0.75. The company has a 50-day simple moving average of $21.89 and a two-hundred day simple moving average of $21.48. The stock has a market capitalization of $985.56 million, a price-to-earnings ratio of -64.10 and a beta of 0.04.

Vocera Communications (NYSE:VCRA) last released its earnings results on Monday, July 27th. The communications equipment provider reported ($0.10) EPS for the quarter, beating the consensus estimate of ($0.25) by $0.15. Vocera Communications had a negative net margin of 8.13% and a negative return on equity of 8.20%. The firm had revenue of $47.70 million for the quarter, compared to analyst estimates of $39.54 million. During the same period last year, the firm earned $0.07 EPS. The business’s quarterly revenue was up 6.5% compared to the same quarter last year. On average, sell-side analysts anticipate that Vocera Communications Inc will post -0.5 earnings per share for the current fiscal year.

A number of hedge funds have recently added to or reduced their stakes in the business. Fred Alger Management LLC increased its holdings in Vocera Communications by 0.6% in the 1st quarter. Fred Alger Management LLC now owns 3,096,893 shares of the communications equipment provider’s stock valued at $65,778,000 after buying an additional 19,651 shares during the period. BlackRock Inc. increased its holdings in Vocera Communications by 4.4% in the 1st quarter. BlackRock Inc. now owns 2,473,433 shares of the communications equipment provider’s stock valued at $52,538,000 after buying an additional 103,730 shares during the period. Vident Investment Advisory LLC increased its holdings in Vocera Communications by 13.1% in the 2nd quarter. Vident Investment Advisory LLC now owns 770,015 shares of the communications equipment provider’s stock valued at $16,324,000 after buying an additional 88,908 shares during the period. Goldman Sachs Group Inc. increased its holdings in Vocera Communications by 22.8% in the 4th quarter. Goldman Sachs Group Inc. now owns 755,895 shares of the communications equipment provider’s stock valued at $15,693,000 after buying an additional 140,475 shares during the period. Finally, State Street Corp increased its holdings in Vocera Communications by 1.7% in the 1st quarter. State Street Corp now owns 647,581 shares of the communications equipment provider’s stock valued at $13,755,000 after buying an additional 10,810 shares during the period.

A number of research analysts recently weighed in on the stock. Piper Sandler raised their target price on shares of Vocera Communications from $26.00 to $28.00 and gave the company an “overweight” rating in a research report on Tuesday, July 28th. ValuEngine downgraded shares of Vocera Communications from a “buy” rating to a “hold” rating in a research report on Tuesday, July 28th. SVB Leerink raised their target price on shares of Vocera Communications from $16.00 to $18.00 and gave the company an “underperform” rating in a research report on Tuesday, July 28th. Zacks Investment Research raised shares of Vocera Communications from a “sell” rating to a “buy” rating and set a $35.00 target price for the company in a research report on Saturday. Finally, TheStreet upgraded shares of Vocera Communications from a “d+” rating to a “c” rating in a research note on Tuesday, July 28th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and seven have issued a buy rating to the company’s stock. Vocera Communications presently has a consensus rating of “Buy” and a consensus price target of $26.58.

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

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