Vonage Holdings Corp. (NYSE:VG)’s share price traded up 3% on Friday . The company traded as high as $5.85 and last traded at $5.82, with a volume of 783,081 shares traded. The stock had previously closed at $5.65.

A number of equities analysts have commented on VG shares. Citigroup Inc. reaffirmed a “buy” rating and set a $8.00 price objective on shares of Vonage Holdings Corp. in a research report on Thursday, June 30th. Zacks Investment Research cut shares of Vonage Holdings Corp. from a “hold” rating to a “sell” rating in a research report on Friday, July 15th. Summit Redstone reaffirmed a “hold” rating on shares of Vonage Holdings Corp. in a research report on Wednesday, July 6th. William Blair reaffirmed a “buy” rating on shares of Vonage Holdings Corp. in a research report on Sunday, June 26th. Finally, Needham & Company LLC lifted their price objective on shares of Vonage Holdings Corp. from $6.00 to $8.00 and gave the stock a “buy” rating in a research report on Tuesday, June 28th. One analyst has rated the stock with a sell rating, two have issued a hold rating and nine have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $7.01.

The stock has a market capitalization of $1.25 billion and a price-to-earnings ratio of 54.35. The firm has a 50 day moving average of $5.52 and a 200-day moving average of $4.93.

Vonage Holdings Corp. (NYSE:VG) last released its quarterly earnings results on Thursday, May 5th. The company reported $0.11 EPS for the quarter, beating analysts’ consensus estimates of $0.06 by $0.05. The company earned $226.82 million during the quarter, compared to analysts’ expectations of $227.04 million. During the same period in the previous year, the company posted $0.10 earnings per share. The company’s quarterly revenue was up 3.2% compared to the same quarter last year. Equities analysts expect that Vonage Holdings Corp. will post $0.30 EPS for the current fiscal year.

In related news, insider Mcgonigal Graham sold 150,994 shares of the stock in a transaction on Tuesday, June 14th. The stock was sold at an average price of $5.29, for a total value of $798,758.26. Following the completion of the sale, the insider now directly owns 152,023 shares of the company’s stock, valued at approximately $804,201.67. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Jeffrey A. Citron sold 101,640 shares of the stock in a transaction on Tuesday, July 19th. The shares were sold at an average price of $6.04, for a total value of $613,905.60. Following the completion of the sale, the director now directly owns 12,644,516 shares of the company’s stock, valued at $76,372,876.64. The disclosure for this sale can be found here.

A number of large investors recently added to or reduced their stakes in VG. Nationwide Fund Advisors raised its stake in Vonage Holdings Corp. by 1.4% in the fourth quarter. Nationwide Fund Advisors now owns 196,521 shares of the company’s stock worth $1,128,000 after buying an additional 2,770 shares during the last quarter. Russell Frank Co raised its stake in shares of Vonage Holdings Corp. by 19.3% in the fourth quarter. Russell Frank Co now owns 200,921 shares of the company’s stock valued at $1,176,000 after buying an additional 32,568 shares in the last quarter. Rhumbline Advisers raised its stake in shares of Vonage Holdings Corp. by 3.8% in the fourth quarter. Rhumbline Advisers now owns 257,394 shares of the company’s stock valued at $1,477,000 after buying an additional 9,325 shares in the last quarter. Redwood Investments LLC acquired a new stake in shares of Vonage Holdings Corp. during the fourth quarter valued at about $1,724,000. Finally, New York State Common Retirement Fund raised its stake in shares of Vonage Holdings Corp. by 30.5% in the fourth quarter. New York State Common Retirement Fund now owns 325,529 shares of the company’s stock valued at $1,869,000 after buying an additional 76,102 shares in the last quarter.

Vonage Holdings Corp. is a provider of cloud communications services for businesses and consumers, and consumer and business communication solutions across multiple devices. For business services customers, the Company provides cloud-based unified communications as a service (UCaaS) solutions, consisting of integrated voice, text, video, data, collaboration and mobile applications over its scalable session initiation protocol (SIP)-based voice over Internet protocol (VoIP) network.

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