Vocera Communications Inc (NYSE:VCRA) EVP Sells $32,410.00 in Stock

Vocera Communications Inc (NYSE:VCRA) EVP Paul T. Johnson sold 1,000 shares of the business’s stock in a transaction that occurred on Monday, June 3rd. The stock was sold at an average price of $32.41, for a total transaction of $32,410.00. Following the sale, the executive vice president now directly owns 160,793 shares in the company, valued at $5,211,301.13. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Paul T. Johnson also recently made the following trade(s):

  • On Friday, May 17th, Paul T. Johnson sold 1,000 shares of Vocera Communications stock. The shares were sold at an average price of $34.22, for a total transaction of $34,220.00.

VCRA traded up $0.42 during trading on Friday, hitting $31.92. 985,545 shares of the company’s stock were exchanged, compared to its average volume of 245,261. The firm’s 50 day moving average price is $32.06. The company has a market cap of $980.74 million, a PE ratio of -187.76 and a beta of 0.26. The company has a current ratio of 4.57, a quick ratio of 4.46 and a debt-to-equity ratio of 0.71. Vocera Communications Inc has a fifty-two week low of $28.31 and a fifty-two week high of $42.60.

Vocera Communications (NYSE:VCRA) last announced its earnings results on Thursday, April 25th. The communications equipment provider reported ($0.17) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.39) by $0.22. The company had revenue of $35.30 million during the quarter, compared to the consensus estimate of $34.03 million. Vocera Communications had a negative net margin of 9.52% and a negative return on equity of 7.87%. The firm’s revenue for the quarter was down 12.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.04 earnings per share. As a group, research analysts expect that Vocera Communications Inc will post -0.33 earnings per share for the current year.

A number of institutional investors and hedge funds have recently bought and sold shares of VCRA. Bank of New York Mellon Corp raised its stake in Vocera Communications by 17.8% during the 3rd quarter. Bank of New York Mellon Corp now owns 196,821 shares of the communications equipment provider’s stock valued at $7,200,000 after purchasing an additional 29,688 shares during the period. Morgan Stanley raised its stake in Vocera Communications by 77.3% during the 3rd quarter. Morgan Stanley now owns 304,300 shares of the communications equipment provider’s stock valued at $11,132,000 after purchasing an additional 132,686 shares during the period. Vanguard Group Inc. raised its stake in Vocera Communications by 1.6% during the 3rd quarter. Vanguard Group Inc. now owns 1,382,125 shares of the communications equipment provider’s stock valued at $50,558,000 after purchasing an additional 21,962 shares during the period. Rhumbline Advisers raised its stake in Vocera Communications by 50.2% during the 4th quarter. Rhumbline Advisers now owns 39,625 shares of the communications equipment provider’s stock valued at $1,559,000 after purchasing an additional 13,243 shares during the period. Finally, Emerald Mutual Fund Advisers Trust raised its stake in Vocera Communications by 34.7% during the 4th quarter. Emerald Mutual Fund Advisers Trust now owns 616,382 shares of the communications equipment provider’s stock valued at $24,255,000 after purchasing an additional 158,947 shares during the period.

A number of research firms have recently commented on VCRA. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $40.00 price objective (up from $37.00) on shares of Vocera Communications in a research note on Thursday, May 16th. ValuEngine lowered shares of Vocera Communications from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, June 11th. Finally, Guggenheim initiated coverage on shares of Vocera Communications in a research note on Wednesday, April 17th. They issued a “buy” rating and a $35.00 price objective on the stock. Three equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $39.30.

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.

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