Brent D. Lang Sells 9,158 Shares of Vocera Communications, Inc. (NYSE:VCRA) Stock

Vocera Communications, Inc. (NYSE:VCRA) CEO Brent D. Lang sold 9,158 shares of the company’s stock in a transaction on Tuesday, October 12th. The shares were sold at an average price of $47.92, for a total value of $438,851.36. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Vocera Communications stock traded up $0.79 during trading on Wednesday, reaching $48.94. 255,586 shares of the company were exchanged, compared to its average volume of 339,943. Vocera Communications, Inc. has a 52-week low of $31.23 and a 52-week high of $55.60. The company has a market capitalization of $1.70 billion, a P/E ratio of -283.22 and a beta of 0.16. The company has a debt-to-equity ratio of 1.82, a current ratio of 4.38 and a quick ratio of 4.28. The stock’s 50 day simple moving average is $46.55 and its two-hundred day simple moving average is $40.86.

Vocera Communications (NYSE:VCRA) last released its earnings results on Thursday, July 29th. The communications equipment provider reported $0.15 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.13) by $0.28. Vocera Communications had a positive return on equity of 2.72% and a negative net margin of 2.62%. The company had revenue of $56.18 million for the quarter, compared to analysts’ expectations of $53.54 million. As a group, equities analysts forecast that Vocera Communications, Inc. will post -0.2 earnings per share for the current year.

A number of equities research analysts recently weighed in on VCRA shares. BTIG Research upped their price objective on Vocera Communications from $50.00 to $55.00 and gave the stock a “buy” rating in a research note on Thursday, August 19th. Piper Sandler decreased their price objective on Vocera Communications from $56.00 to $53.00 and set an “overweight” rating for the company in a research note on Monday, August 2nd. Colliers Securities reiterated a “buy” rating and issued a $46.00 price target on shares of Vocera Communications in a research note on Friday, July 30th. Morgan Stanley increased their price target on Vocera Communications from $40.00 to $44.00 and gave the company an “equal weight” rating in a research note on Wednesday, August 18th. Finally, SVB Leerink increased their price target on Vocera Communications from $32.00 to $34.00 and gave the company an “underperform” rating in a research note on Friday, July 30th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and eight have given a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $46.30.

Several institutional investors and hedge funds have recently added to or reduced their stakes in VCRA. Cullen Frost Bankers Inc. acquired a new stake in shares of Vocera Communications in the 2nd quarter worth approximately $34,000. Lazard Asset Management LLC acquired a new stake in shares of Vocera Communications in the 2nd quarter worth approximately $64,000. Dark Forest Capital Management LP acquired a new stake in shares of Vocera Communications in the 2nd quarter worth approximately $92,000. Quantbot Technologies LP acquired a new stake in shares of Vocera Communications in the 1st quarter worth approximately $129,000. Finally, XTX Topco Ltd acquired a new stake in shares of Vocera Communications in the 1st quarter worth approximately $221,000.

Vocera Communications Company Profile

Vocera Communications, Inc engages in the provision of secure, integrated, intelligent communication and workflow solutions. It offers smartphone and wearable devices, clinical communication software, system interoperability and alarm management, and patient and family engagement products. The firm serves the healthcare, hospitality, retail, veterinary care, education, and energy industries.

Featured Story: The benefits and drawbacks of dollar cost averaging

Insider Buying and Selling by Quarter for Vocera Communications (NYSE:VCRA)

Receive News & Ratings for Vocera Communications Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vocera Communications and related companies with MarketBeat.com's FREE daily email newsletter.