Vocera Communications, Inc. (VCRA) Shares Bought by Geode Capital Management LLC
Geode Capital Management LLC raised its stake in shares of Vocera Communications, Inc. (NYSE:VCRA) by 5.8% during the first quarter, according to its most recent 13F filing with the SEC. The fund owned 202,755 shares of the communications equipment provider’s stock after buying an additional 11,126 shares during the period. Geode Capital Management LLC’s holdings in Vocera Communications were worth $5,034,000 at the end of the most recent reporting period.
Several other institutional investors have also bought and sold shares of VCRA. Alliancebernstein L.P. boosted its position in Vocera Communications by 206.8% in the first quarter. Alliancebernstein L.P. now owns 1,187,478 shares of the communications equipment provider’s stock valued at $29,485,000 after buying an additional 800,455 shares during the period. UBS Asset Management Americas Inc. boosted its position in Vocera Communications by 2,931.3% in the first quarter. UBS Asset Management Americas Inc. now owns 387,066 shares of the communications equipment provider’s stock valued at $9,611,000 after buying an additional 374,297 shares during the period. Norges Bank acquired a new position in Vocera Communications during the fourth quarter valued at about $5,622,000. Redwood Investments LLC acquired a new position in Vocera Communications during the first quarter valued at about $6,443,000. Finally, Gilder Gagnon Howe & Co. LLC acquired a new position in Vocera Communications during the first quarter valued at about $5,901,000.
Shares of Vocera Communications, Inc. (NYSE:VCRA) traded down 0.59% during midday trading on Friday, reaching $26.92. The company had a trading volume of 244,651 shares. Vocera Communications, Inc. has a 1-year low of $14.99 and a 1-year high of $28.60. The firm’s 50 day moving average price is $26.46 and its 200-day moving average price is $24.41. The stock’s market capitalization is $783.48 million.
Vocera Communications (NYSE:VCRA) last issued its quarterly earnings data on Thursday, July 27th. The communications equipment provider reported ($0.21) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.19) by $0.02. The company had revenue of $38.45 million during the quarter, compared to analyst estimates of $37.53 million. Vocera Communications had a negative net margin of 17.28% and a negative return on equity of 14.71%. The business’s quarterly revenue was up 23.4% compared to the same quarter last year. During the same period last year, the firm earned $0.02 EPS. Equities research analysts expect that Vocera Communications, Inc. will post $0.16 EPS for the current fiscal year.
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Several brokerages recently weighed in on VCRA. Zacks Investment Research cut Vocera Communications from a “hold” rating to a “sell” rating in a research note on Thursday, June 22nd. Dougherty & Co upped their price target on Vocera Communications from $25.00 to $28.00 and gave the stock a “buy” rating in a research note on Friday, April 28th. Leerink Swann upped their price target on Vocera Communications from $24.00 to $31.00 and gave the stock an “outperform” rating in a research note on Friday, July 28th. CIBC upped their price target on Vocera Communications from $27.00 to $28.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 2nd. Finally, Oppenheimer Holdings, Inc. reaffirmed an “outperform” rating and issued a $28.00 price target (up from $27.00) on shares of Vocera Communications in a research note on Monday, May 1st. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and five have assigned a buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $28.67.
In other news, CEO Brent D. Lang sold 5,000 shares of the business’s stock in a transaction dated Monday, July 3rd. The stock was sold at an average price of $25.90, for a total value of $129,500.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Justin Spencer sold 34,718 shares of the business’s stock in a transaction dated Monday, May 15th. The shares were sold at an average price of $25.26, for a total value of $876,976.68. Following the completion of the transaction, the chief financial officer now directly owns 184,399 shares of the company’s stock, valued at approximately $4,657,918.74. The disclosure for this sale can be found here. In the last three months, insiders sold 393,245 shares of company stock valued at $10,174,851. Insiders own 6.30% of the company’s stock.
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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