Insider Selling: Vocera Communications Inc (VCRA) EVP Sells 6,977 Shares of Stock
Vocera Communications Inc (NYSE:VCRA) EVP Paul T. Johnson sold 6,977 shares of Vocera Communications stock in a transaction on Wednesday, January 17th. The shares were sold at an average price of $27.42, for a total value of $191,309.34. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.
Paul T. Johnson also recently made the following trade(s):
- On Friday, January 19th, Paul T. Johnson sold 12,977 shares of Vocera Communications stock. The shares were sold at an average price of $26.75, for a total value of $347,134.75.
Vocera Communications Inc (VCRA) traded up $0.06 during mid-day trading on Friday, hitting $25.96. The stock had a trading volume of 594,939 shares, compared to its average volume of 235,608. Vocera Communications Inc has a 52-week low of $19.02 and a 52-week high of $32.23. The stock has a market capitalization of $772.20, a PE ratio of -27.04 and a beta of -0.42.
Vocera Communications (NYSE:VCRA) last posted its quarterly earnings results on Thursday, October 26th. The communications equipment provider reported $0.11 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.10 by $0.01. The firm had revenue of $42.30 million during the quarter, compared to analysts’ expectations of $41.44 million. Vocera Communications had a negative return on equity of 15.55% and a negative net margin of 17.42%. The company’s revenue was up 25.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.08 earnings per share. equities analysts predict that Vocera Communications Inc will post -0.43 earnings per share for the current fiscal year.
VCRA has been the subject of a number of recent research reports. Zacks Investment Research upgraded Vocera Communications from a “hold” rating to a “buy” rating and set a $33.00 price objective for the company in a research note on Thursday, December 28th. BidaskClub upgraded Vocera Communications from a “sell” rating to a “hold” rating in a research note on Wednesday, October 25th. Cantor Fitzgerald restated a “buy” rating and issued a $30.00 price target on shares of Vocera Communications in a research note on Tuesday, September 26th. Robert W. Baird initiated coverage on Vocera Communications in a research note on Wednesday, December 20th. They issued an “outperform” rating and a $35.00 price target for the company. Finally, Oppenheimer boosted their price target on Vocera Communications from $32.00 to $36.00 and gave the stock an “outperform” rating in a research note on Friday, October 27th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and eight have given a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $33.13.
A number of institutional investors have recently bought and sold shares of VCRA. Legal & General Group Plc increased its position in Vocera Communications by 11.2% during the second quarter. Legal & General Group Plc now owns 6,662 shares of the communications equipment provider’s stock valued at $177,000 after acquiring an additional 671 shares during the last quarter. JPMorgan Chase & Co. purchased a new stake in Vocera Communications during the second quarter valued at $215,000. Wolverine Trading LLC increased its position in Vocera Communications by 151.9% during the second quarter. Wolverine Trading LLC now owns 8,766 shares of the communications equipment provider’s stock valued at $233,000 after acquiring an additional 25,666 shares during the last quarter. Comerica Bank purchased a new stake in Vocera Communications during the third quarter valued at $239,000. Finally, Envestnet Asset Management Inc. increased its position in Vocera Communications by 41.0% during the third quarter. Envestnet Asset Management Inc. now owns 7,678 shares of the communications equipment provider’s stock valued at $241,000 after acquiring an additional 2,231 shares during the last quarter.
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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