Vocera Communications Inc (NYSE:VCRA) General Counsel Douglas Alan Carlen Sells 3,000 Shares

Vocera Communications Inc (NYSE:VCRA) General Counsel Douglas Alan Carlen sold 3,000 shares of the firm’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 transaction of $71,970.00. Following the completion of the transaction, the general counsel now directly owns 75,840 shares of the company’s stock, valued at approximately $1,819,401.60. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Shares of NYSE:VCRA traded up $0.28 during trading on Friday, reaching $23.83. 303,300 shares of the company traded hands, compared to its average volume of 448,141. The firm has a fifty day simple moving average of $28.04 and a 200 day simple moving average of $31.33. The firm has a market cap of $763.86 million, a P/E ratio of -140.18 and a beta of 0.18. Vocera Communications Inc has a 1-year low of $23.32 and a 1-year high of $42.60. The company has a quick ratio of 4.36, a current ratio of 4.45 and a debt-to-equity ratio of 0.75.

Vocera Communications (NYSE:VCRA) last issued its 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 company had revenue of $44.80 million during the quarter, compared to analyst estimates of $43.38 million. Vocera Communications had a negative net margin of 10.15% and a negative return on equity of 8.62%. The company’s revenue for the quarter was up 4.9% on a year-over-year basis. During the same quarter last year, the business posted $0.09 EPS. As a group, research analysts anticipate that Vocera Communications Inc will post -0.35 EPS for the current year.

A number of equities analysts recently commented on the stock. ValuEngine lowered shares of Vocera Communications from a “buy” rating to a “hold” rating in a research note on Tuesday. Zacks Investment Research raised shares of Vocera Communications from a “hold” rating to a “buy” rating and set a $31.00 price objective for the company in a research note on Saturday, July 27th. TheStreet lowered shares of Vocera Communications from a “c” rating to a “d+” rating in a research note on Wednesday, August 7th. Oppenheimer set a $36.00 price objective on shares of Vocera Communications and gave the stock a “buy” rating in a research note on Friday, July 26th. Finally, William Blair reaffirmed a “buy” rating on shares of Vocera Communications in a research note on Friday, July 26th. Three equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. Vocera Communications presently has a consensus rating of “Buy” and a consensus target price of $35.00.

Several large investors have recently modified their holdings of the business. Freestone Capital Holdings LLC acquired a new stake in shares of Vocera Communications during the 1st quarter valued at $9,489,000. State Board of Administration of Florida Retirement System boosted its stake in shares of Vocera Communications by 2.7% during the 2nd quarter. State Board of Administration of Florida Retirement System now owns 22,492 shares of the communications equipment provider’s stock valued at $718,000 after buying an additional 600 shares during the period. Legal & General Group Plc boosted its stake in shares of Vocera Communications by 13.0% during the 4th quarter. Legal & General Group Plc now owns 5,348 shares of the communications equipment provider’s stock valued at $211,000 after buying an additional 616 shares during the period. Neuburgh Advisers LLC boosted its stake in shares of Vocera Communications by 2.7% during the 2nd quarter. Neuburgh Advisers LLC now owns 31,504 shares of the communications equipment provider’s stock valued at $1,006,000 after buying an additional 832 shares during the period. Finally, United Services Automobile Association boosted its stake in shares of Vocera Communications by 8.4% during the 2nd quarter. United Services Automobile Association now owns 12,473 shares of the communications equipment provider’s stock valued at $398,000 after buying an additional 964 shares during the period.

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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