Vocera Communications Inc (NYSE:VCRA) Director John N. Mcmullen sold 4,333 shares of the company’s stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $30.24, for a total transaction of $131,029.92. Following the transaction, the director now directly owns 28,658 shares in the company, valued at approximately $866,617.92. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.
VCRA opened at $30.77 on Friday. The company has a fifty day simple moving average of $21.89 and a 200 day simple moving average of $21.48. The firm has a market cap of $985.56 million, a price-to-earnings ratio of -64.10 and a beta of 0.04. Vocera Communications Inc has a twelve month low of $15.89 and a twelve month high of $33.85. The company has a current ratio of 4.32, a quick ratio of 4.22 and a debt-to-equity ratio of 0.75.
Vocera Communications (NYSE:VCRA) last released its quarterly earnings results on Monday, July 27th. The communications equipment provider reported ($0.10) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.25) by $0.15. The business had revenue of $47.70 million during the quarter, compared to analyst estimates of $39.54 million. Vocera Communications had a negative net margin of 8.13% and a negative return on equity of 8.20%. The business’s revenue was up 6.5% on a year-over-year basis. During the same period last year, the business earned $0.07 EPS. On average, analysts forecast that Vocera Communications Inc will post -0.5 earnings per share for the current fiscal year.
A number of institutional investors and hedge funds have recently added to or reduced their stakes in VCRA. Great West Life Assurance Co. Can acquired a new stake in Vocera Communications during the 4th quarter valued at $45,000. Point72 Hong Kong Ltd acquired a new stake in Vocera Communications during the 4th quarter valued at $45,000. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in Vocera Communications by 56.3% during the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,610 shares of the communications equipment provider’s stock valued at $55,000 after purchasing an additional 940 shares in the last quarter. First Quadrant L P CA bought a new position in Vocera Communications during the 2nd quarter valued at $85,000. Finally, Exchange Traded Concepts LLC boosted its stake in Vocera Communications by 46.8% during the 1st quarter. Exchange Traded Concepts LLC now owns 6,291 shares of the communications equipment provider’s stock valued at $134,000 after acquiring an additional 2,006 shares during the last quarter.
Several brokerages recently commented on VCRA. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $20.00 price target (down previously from $21.00) on shares of Vocera Communications in a research report on Friday, April 24th. Robert W. Baird dropped their price target on shares of Vocera Communications from $32.00 to $30.00 and set an “outperform” rating for the company in a research report on Friday, April 24th. Wells Fargo & Co dropped their price target on shares of Vocera Communications from $28.00 to $25.00 and set a “sector overweight” rating for the company in a research report on Friday, April 24th. TheStreet raised shares of Vocera Communications from a “d+” rating to a “c” rating in a research report on Tuesday, July 28th. Finally, ValuEngine lowered shares of Vocera Communications from a “buy” rating to a “hold” rating in a research report on Tuesday, July 28th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and seven have assigned a buy rating to the stock. Vocera Communications 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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