Vocera Communications Inc (NYSE:VCRA) – Investment analysts at Leerink Swann dropped their Q4 2018 EPS estimates for Vocera Communications in a research note issued to investors on Tuesday. Leerink Swann analyst D. Larsen now expects that the communications equipment provider will post earnings of $0.01 per share for the quarter, down from their previous estimate of $0.03. Leerink Swann currently has a “Market Perform” rating and a $29.00 target price on the stock.

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Vocera Communications (NYSE:VCRA) last released its quarterly earnings data on Thursday, February 8th. The communications equipment provider reported $0.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.15 by $0.14. Vocera Communications had a negative return on equity of 8.11% and a negative net margin of 8.75%. The firm had revenue of $45.50 million during the quarter, compared to analyst estimates of $43.72 million. Vocera Communications’s quarterly revenue was up 26.4% compared to the same quarter last year.

A number of other analysts have also weighed in on VCRA. Craig Hallum restated a “buy” rating and issued a $36.00 target price on shares of Vocera Communications in a research note on Monday, November 27th. Robert W. Baird initiated coverage on Vocera Communications in a research note on Wednesday, December 20th. They issued an “outperform” rating and a $35.00 target price for the company. Zacks Investment Research upgraded Vocera Communications from a “hold” rating to a “buy” rating and set a $33.00 target price for the company in a research note on Thursday, December 28th. Citigroup initiated coverage on Vocera Communications in a research note on Thursday, January 4th. They issued a “buy” rating for the company. Finally, Cantor Fitzgerald restated a “buy” rating and issued a $35.00 target price on shares of Vocera Communications in a research note on Monday, January 22nd. Two analysts have rated the stock with a sell rating, two have given a hold rating and eight have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $32.78.

Vocera Communications (NYSE VCRA) traded up $0.64 during trading on Wednesday, reaching $25.43. The company’s stock had a trading volume of 60,336 shares, compared to its average volume of 271,625. Vocera Communications has a 1 year low of $22.26 and a 1 year high of $32.23.

In related news, CEO Brent D. Lang sold 5,000 shares of the firm’s stock in a transaction dated Tuesday, January 2nd. The stock was sold at an average price of $29.89, for a total value of $149,450.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Paul T. Johnson sold 18,553 shares of the firm’s stock in a transaction dated Wednesday, January 31st. The shares were sold at an average price of $30.00, for a total value of $556,590.00. Following the completion of the transaction, the executive vice president now owns 151,989 shares in the company, valued at approximately $4,559,670. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 94,205 shares of company stock valued at $2,631,039. 6.30% of the stock is currently owned by corporate insiders.

A number of institutional investors have recently bought and sold shares of the stock. California State Teachers Retirement System boosted its holdings in Vocera Communications by 1.8% in the second quarter. California State Teachers Retirement System now owns 49,585 shares of the communications equipment provider’s stock valued at $1,310,000 after acquiring an additional 900 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in Vocera Communications by 41.0% in the third quarter. Envestnet Asset Management Inc. now owns 7,678 shares of the communications equipment provider’s stock valued at $241,000 after acquiring an additional 2,231 shares during the last quarter. Swiss National Bank boosted its holdings in Vocera Communications by 6.5% in the third quarter. Swiss National Bank now owns 42,500 shares of the communications equipment provider’s stock valued at $1,333,000 after acquiring an additional 2,600 shares during the last quarter. The Manufacturers Life Insurance Company boosted its holdings in Vocera Communications by 14.9% in the second quarter. The Manufacturers Life Insurance Company now owns 22,255 shares of the communications equipment provider’s stock valued at $587,000 after acquiring an additional 2,892 shares during the last quarter. Finally, Geode Capital Management LLC boosted its holdings in Vocera Communications by 1.2% in the fourth quarter. Geode Capital Management LLC now owns 258,214 shares of the communications equipment provider’s stock valued at $7,803,000 after acquiring an additional 3,173 shares during the last quarter.

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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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