Brent D. Lang Sells 10,000 Shares of Vocera Communications Inc (VCRA) Stock
Vocera Communications Inc (NYSE:VCRA) CEO Brent D. Lang sold 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 7th. The shares were sold at an average price of $27.96, for a total transaction of $279,600.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Shares of Vocera Communications Inc (NYSE:VCRA) traded down $1.28 during midday trading on Friday, hitting $25.80. 1,190,000 shares of the stock were exchanged, compared to its average volume of 235,935. The company has a market capitalization of $722.43, a PE ratio of -50.59 and a beta of -0.49. Vocera Communications Inc has a 52 week low of $19.48 and a 52 week high of $32.23.
Vocera Communications (NYSE:VCRA) last announced its quarterly earnings results on Thursday, February 8th. The communications equipment provider reported $0.29 earnings per share for the quarter, topping analysts’ consensus estimates of $0.15 by $0.14. The company had revenue of $45.50 million for the quarter, compared to analysts’ expectations of $43.72 million. Vocera Communications had a negative net margin of 8.75% and a negative return on equity of 8.29%. Vocera Communications’s quarterly revenue was up 26.4% on a year-over-year basis. research analysts expect that Vocera Communications Inc will post -0.04 earnings per share for the current fiscal year.
A number of equities analysts have issued reports on the stock. Leerink Swann reduced their price objective on shares of Vocera Communications from $34.00 to $31.00 and set an “outperform” rating on the stock in a research note on Friday. Chardan Capital assumed coverage on shares of Vocera Communications in a research note on Tuesday, January 30th. They issued a “buy” rating and a $37.00 price objective on the stock. Cantor Fitzgerald reaffirmed a “buy” rating and issued a $35.00 price objective on shares of Vocera Communications in a research note on Monday, January 22nd. Zacks Investment Research cut shares of Vocera Communications from a “buy” rating to a “hold” rating in a research note on Saturday, January 6th. Finally, Citigroup initiated coverage on shares of Vocera Communications in a research note on Thursday, January 4th. They issued a “buy” rating on the stock. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and nine have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $33.22.
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About Vocera Communications
Vocera Communications, Inc is a provider of communication solutions for mobile workers in healthcare, hospitality, energy, education and other industries. The Company’s segments include Product and Service. The Company’s solutions include the Vocera Communication System, Vocera Care Experience, Vocera Engage integration platform, smartphone applications and its Experience Innovation Network.
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