Vocera Communications, Inc. (VCRA) Stake Maintained by Schwab Charles Investment Management Inc.
Schwab Charles Investment Management Inc. held its position in Vocera Communications, Inc. (NYSE:VCRA) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 40,800 shares of the communications equipment provider’s stock at the end of the first quarter. Schwab Charles Investment Management Inc. owned about 0.14% of Vocera Communications worth $1,014,000 as of its most recent filing with the SEC.
Several other institutional investors also recently added to or reduced their stakes in the stock. Gilder Gagnon Howe & Co. LLC bought a new position in Vocera Communications during the first quarter worth $5,901,000. Strs Ohio bought a new position in Vocera Communications during the first quarter worth $749,000. Redwood Investments LLC bought a new position in Vocera Communications during the first quarter worth $6,443,000. UBS Asset Management Americas Inc. raised 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 worth $9,611,000 after buying an additional 374,297 shares during the last quarter. Finally, Formula Growth Ltd. raised its position in Vocera Communications by 20.6% in the first quarter. Formula Growth Ltd. now owns 58,523 shares of the communications equipment provider’s stock worth $1,453,000 after buying an additional 10,000 shares during the last quarter.
Vocera Communications, Inc. (VCRA) traded up 0.83% during midday trading on Thursday, hitting $27.98. The stock had a trading volume of 49,711 shares. Vocera Communications, Inc. has a 12 month low of $15.85 and a 12 month high of $28.60. The stock’s market cap is $814.33 million. The stock has a 50 day moving average of $26.74 and a 200 day moving average of $24.91.
Vocera Communications (NYSE:VCRA) last announced its quarterly earnings data on Thursday, July 27th. The communications equipment provider reported ($0.21) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.19) by $0.02. Vocera Communications had a negative net margin of 17.28% and a negative return on equity of 14.71%. The business had revenue of $38.45 million during the quarter, compared to analyst estimates of $37.53 million. During the same quarter in the prior year, the company posted $0.02 EPS. The company’s quarterly revenue was up 23.4% compared to the same quarter last year. Analysts expect that Vocera Communications, Inc. will post $0.16 EPS for the current fiscal year.
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A number of equities analysts have weighed in on VCRA shares. ValuEngine upgraded Vocera Communications from a “sell” rating to a “hold” rating in a research note on Friday, June 2nd. Zacks Investment Research upgraded Vocera Communications from a “sell” rating to a “hold” rating in a research report on Wednesday, May 10th. Cantor Fitzgerald restated a “buy” rating and set a $30.00 target price on shares of Vocera Communications in a research report on Thursday, July 27th. Finally, Leerink Swann raised their target price on Vocera Communications from $24.00 to $31.00 and gave the company an “outperform” rating in a research report on Friday, July 28th. One analyst has rated the stock with a sell rating, one has given a hold rating and five have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $28.67.
In other news, Director Robert Zollars sold 62,000 shares of the stock in a transaction on Monday, June 19th. The shares were sold at an average price of $26.91, for a total value of $1,668,420.00. Following the completion of the transaction, the director now owns 42,748 shares in the company, valued at approximately $1,150,348.68. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO Brent D. Lang sold 5,000 shares of the stock in a transaction on Monday, July 3rd. The shares were sold at an average price of $25.90, for a total transaction of $129,500.00. The disclosure for this sale can be found here. In the last 90 days, insiders sold 296,527 shares of company stock valued at $7,749,115. Corporate insiders own 6.30% of the company’s stock.
Vocera Communications Company Profile
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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