Vocera Communications Inc (NYSE:VCRA) CFO Justin Spencer Sells 6,271 Shares
Vocera Communications Inc (NYSE:VCRA) CFO Justin Spencer sold 6,271 shares of Vocera Communications stock in a transaction that occurred on Monday, January 13th. The stock was sold at an average price of $19.88, for a total transaction of $124,667.48. Following the sale, the chief financial officer now owns 158,911 shares of the company’s stock, valued at approximately $3,159,150.68. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.
Vocera Communications stock opened at $19.99 on Thursday. The company’s 50 day simple moving average is $20.90 and its 200 day simple moving average is $23.79. Vocera Communications Inc has a fifty-two week low of $17.90 and a fifty-two week high of $42.60. The firm has a market capitalization of $629.72 million, a price-to-earnings ratio of -117.59 and a beta of 0.29. The company has a debt-to-equity ratio of 0.73, a current ratio of 4.38 and a quick ratio of 4.31.
Vocera Communications (NYSE:VCRA) last released its quarterly earnings data on Thursday, October 24th. The communications equipment provider reported $0.23 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.04. Vocera Communications had a negative net margin of 9.68% and a negative return on equity of 8.37%. The business had revenue of $50.78 million for the quarter, compared to analyst estimates of $50.72 million. During the same quarter last year, the firm earned $0.20 EPS. Vocera Communications’s quarterly revenue was up 6.2% compared to the same quarter last year. As a group, analysts predict that Vocera Communications Inc will post -0.45 EPS for the current fiscal year.
Several brokerages have recently commented on VCRA. Wells Fargo & Co lowered their price target on shares of Vocera Communications from $28.00 to $25.00 and set an “overweight” rating for the company in a research report on Wednesday, January 8th. Guggenheim set a $31.00 price target on shares of Vocera Communications and gave the stock a “buy” rating in a research report on Thursday, September 26th. ValuEngine upgraded shares of Vocera Communications from a “hold” rating to a “buy” rating in a research report on Wednesday, October 2nd. Robert W. Baird cut shares of Vocera Communications from an “outperform” rating to a “neutral” rating and lowered their price target for the stock from $35.00 to $20.00 in a research report on Friday, October 25th. Finally, Cantor Fitzgerald cut shares of Vocera Communications from an “overweight” rating to a “neutral” rating and lowered their price target for the stock from $36.00 to $20.00 in a research report on Friday, October 25th. Seven research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Vocera Communications presently has an average rating of “Buy” and an average target price of $26.85.
About Vocera Communications
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.
Recommended Story: Outstanding Shares, Buying and Selling Stocks
Receive News & Ratings for Vocera Communications Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vocera Communications and related companies with MarketBeat.com's FREE daily email newsletter.