Insider Selling: Vocera Communications Inc (VCRA) Chairman Sells $402,200.00 in Stock

Vocera Communications Inc (NYSE:VCRA) Chairman Brent D. Lang sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, January 7th. The shares were sold at an average price of $40.22, for a total value of $402,200.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Shares of NYSE VCRA opened at $40.56 on Friday. The company has a current ratio of 4.52, a quick ratio of 4.46 and a debt-to-equity ratio of 0.69. Vocera Communications Inc has a fifty-two week low of $22.43 and a fifty-two week high of $42.42. The company has a market capitalization of $1.26 billion, a PE ratio of -135.20 and a beta of 0.24.

Vocera Communications (NYSE:VCRA) last issued its quarterly earnings results on Thursday, October 25th. The communications equipment provider reported $0.03 earnings per share for the quarter, topping the consensus estimate of ($0.07) by $0.10. The firm had revenue of $47.82 million for the quarter, compared to the consensus estimate of $46.40 million. Vocera Communications had a negative return on equity of 0.71% and a negative net margin of 3.36%. On average, equities research analysts anticipate that Vocera Communications Inc will post -0.16 earnings per share for the current year.

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Teachers Advisors LLC increased its holdings in shares of Vocera Communications by 1.9% in the 3rd quarter. Teachers Advisors LLC now owns 80,530 shares of the communications equipment provider’s stock valued at $2,946,000 after acquiring an additional 1,485 shares during the period. Envestnet Asset Management Inc. increased its holdings in shares of Vocera Communications by 22.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 10,419 shares of the communications equipment provider’s stock valued at $311,000 after acquiring an additional 1,887 shares during the period. Schwab Charles Investment Management Inc. increased its holdings in shares of Vocera Communications by 1.4% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 154,277 shares of the communications equipment provider’s stock valued at $4,612,000 after acquiring an additional 2,177 shares during the period. Price Capital Management Inc. purchased a new position in shares of Vocera Communications in the 3rd quarter valued at $132,000. Finally, Swiss National Bank increased its holdings in shares of Vocera Communications by 10.1% in the 2nd quarter. Swiss National Bank now owns 50,200 shares of the communications equipment provider’s stock valued at $1,500,000 after acquiring an additional 4,600 shares during the period.

VCRA has been the subject of several analyst reports. Citigroup reaffirmed a “buy” rating and issued a $46.00 price objective (up from $37.00) on shares of Vocera Communications in a research note on Tuesday, December 18th. Robert W. Baird reaffirmed a “buy” rating and issued a $40.00 price objective on shares of Vocera Communications in a research note on Friday, November 30th. ValuEngine raised Vocera Communications from a “buy” rating to a “strong-buy” rating in a research note on Saturday, October 27th. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $45.00 price objective on shares of Vocera Communications in a research note on Friday. Finally, Zacks Investment Research lowered Vocera Communications from a “buy” rating to a “hold” rating in a research note on Thursday, October 18th. One analyst has rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the stock. Vocera Communications has an average rating of “Buy” and an average target price of $40.78.

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

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