Vanguard Group Inc. Buys 57,382 Shares of Vocera Communications Inc (NYSE:VCRA)

Vanguard Group Inc. boosted its stake in shares of Vocera Communications Inc (NYSE:VCRA) by 3.9% during the 2nd quarter, HoldingsChannel reports. The fund owned 1,545,557 shares of the communications equipment provider’s stock after purchasing an additional 57,382 shares during the period. Vanguard Group Inc.’s holdings in Vocera Communications were worth $49,333,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in VCRA. Conestoga Capital Advisors LLC boosted its position in shares of Vocera Communications by 31.0% during the second quarter. Conestoga Capital Advisors LLC now owns 2,351,367 shares of the communications equipment provider’s stock valued at $75,056,000 after buying an additional 555,964 shares during the period. FMR LLC boosted its position in shares of Vocera Communications by 1,557,172.7% during the first 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. Wells Fargo & Company MN boosted its position in shares of Vocera Communications by 50.5% during the second quarter. Wells Fargo & Company MN now owns 1,021,966 shares of the communications equipment provider’s stock valued at $32,621,000 after buying an additional 343,023 shares during the period. Kornitzer Capital Management Inc. KS purchased a new position in shares of Vocera Communications during the second quarter valued at approximately $5,904,000. Finally, Clearbridge Investments LLC boosted its position in shares of Vocera Communications by 8.6% during the first quarter. Clearbridge Investments LLC now owns 1,526,439 shares of the communications equipment provider’s stock valued at $48,281,000 after buying an additional 120,329 shares during the period.

Shares of NYSE VCRA traded down $0.14 during trading hours on Monday, reaching $24.49. The stock had a trading volume of 72,050 shares, compared to its average volume of 425,253. The company has a current ratio of 4.45, a quick ratio of 4.36 and a debt-to-equity ratio of 0.75. The firm has a market cap of $781.80 million, a price-to-earnings ratio of -144.03 and a beta of 0.35. The business’s fifty day moving average price is $24.05 and its two-hundred day moving average price is $28.77. Vocera Communications Inc has a 52-week low of $21.14 and a 52-week high of $42.60.

Vocera Communications (NYSE:VCRA) last announced its quarterly earnings results on Thursday, July 25th. The communications equipment provider reported ($0.13) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.19) by $0.06. The firm had revenue of $44.80 million during the quarter, compared to analyst estimates of $43.38 million. Vocera Communications had a negative return on equity of 8.62% and a negative net margin of 10.15%. Vocera Communications’s quarterly revenue was up 4.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.09 earnings per share. Equities research analysts anticipate that Vocera Communications Inc will post -0.36 earnings per share for the current fiscal year.

Several research analysts have issued reports on the company. TheStreet lowered Vocera Communications from a “c” rating to a “d+” rating in a research report on Wednesday, August 7th. Guggenheim set a $31.00 target price on Vocera Communications and gave the company a “buy” rating in a research report on Thursday, September 26th. ValuEngine upgraded Vocera Communications from a “hold” rating to a “buy” rating in a report on Wednesday, October 2nd. Cantor Fitzgerald set a $36.00 price target on Vocera Communications and gave the company a “buy” rating in a report on Thursday, September 12th. Finally, Zacks Investment Research upgraded Vocera Communications from a “hold” rating to a “buy” rating and set a $31.00 price target for the company in a report on Saturday, July 27th. Two research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $33.60.

In related news, General Counsel Douglas Alan Carlen sold 3,000 shares of the business’s stock in a transaction that occurred on Thursday, August 15th. The stock was sold at an average price of $23.99, for a total value of $71,970.00. Following the completion of the sale, the general counsel now owns 75,840 shares in the company, valued at $1,819,401.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders sold 5,000 shares of company stock valued at $121,230 in the last quarter. 3.20% of the stock is owned by company insiders.

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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Institutional Ownership by Quarter for Vocera Communications (NYSE:VCRA)

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