Brent D. Lang Sells 10,000 Shares of Vocera Communications Inc (VCRA) Stock

Vocera Communications Inc (NYSE:VCRA) Chairman Brent D. Lang sold 10,000 shares of the company’s stock in a transaction on Wednesday, November 7th. The shares were sold at an average price of $35.30, for a total transaction of $353,000.00. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Shares of VCRA stock opened at $36.19 on Friday. Vocera Communications Inc has a 52-week low of $22.43 and a 52-week high of $36.95. The firm has a market capitalization of $1.06 billion, a PE ratio of -120.63 and a beta of 0.16. The company has a quick ratio of 4.46, a current ratio of 4.52 and a debt-to-equity ratio of 0.69.

VCRA has been the subject of a number of recent research reports. Wells Fargo & Co increased their price objective on shares of Vocera Communications from $28.00 to $35.00 and gave the company an “outperform” rating in a research note on Friday, July 27th. Zacks Investment Research upgraded shares of Vocera Communications from a “hold” rating to a “buy” rating and set a $35.00 price objective for the company in a research note on Tuesday, October 16th. Piper Jaffray Companies restated an “overweight” rating and issued a $41.00 price objective on shares of Vocera Communications in a research note on Friday, October 26th. Chardan Capital increased their price objective on shares of Vocera Communications from $35.00 to $47.00 and gave the company a “buy” rating in a research note on Friday, July 27th. Finally, ValuEngine upgraded shares of Vocera Communications from a “buy” rating to a “strong-buy” rating in a research note on Saturday, October 27th. One equities research analyst has rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $37.10.

Several hedge funds have recently made changes to their positions in VCRA. BlackRock Inc. increased its position in shares of Vocera Communications by 5.6% during the 2nd quarter. BlackRock Inc. now owns 2,157,527 shares of the communications equipment provider’s stock worth $64,487,000 after purchasing an additional 114,353 shares in the last quarter. Conestoga Capital Advisors LLC increased its position in shares of Vocera Communications by 14.3% during the 3rd quarter. Conestoga Capital Advisors LLC now owns 1,783,535 shares of the communications equipment provider’s stock worth $65,242,000 after purchasing an additional 223,565 shares in the last quarter. Fred Alger Management Inc. increased its position in shares of Vocera Communications by 11.8% during the 2nd quarter. Fred Alger Management Inc. now owns 1,331,169 shares of the communications equipment provider’s stock worth $39,789,000 after purchasing an additional 140,026 shares in the last quarter. Janus Henderson Group PLC acquired a new stake in shares of Vocera Communications during the 3rd quarter worth about $23,805,000. Finally, Wells Fargo & Company MN increased its position in shares of Vocera Communications by 23.1% during the 3rd quarter. Wells Fargo & Company MN now owns 636,024 shares of the communications equipment provider’s stock worth $23,265,000 after purchasing an additional 119,440 shares in the last quarter.

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About Vocera Communications

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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