Vocera Communications (VCRA) Chairman Sells $251,600.00 in Stock
Vocera Communications (NYSE:VCRA) Chairman Brent D. Lang sold 10,000 shares of Vocera Communications stock in a transaction on Tuesday, April 17th. The stock was sold at an average price of $25.16, for a total transaction of $251,600.00. The transaction was disclosed in a document filed with the SEC, which is available at this link.
Shares of NYSE:VCRA opened at $25.39 on Friday. Vocera Communications has a 52 week low of $22.43 and a 52 week high of $32.23. The firm has a market capitalization of $754.09, a PE ratio of -84.63 and a beta of -0.20.
Vocera Communications (NYSE:VCRA) last issued its earnings results on Thursday, February 8th. The communications equipment provider reported $0.29 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.15 by $0.14. Vocera Communications had a negative net margin of 8.75% and a negative return on equity of 8.11%. The company had revenue of $45.50 million for the quarter, compared to the consensus estimate of $43.72 million. The company’s quarterly revenue was up 26.4% compared to the same quarter last year. sell-side analysts expect that Vocera Communications will post -0.23 earnings per share for the current fiscal year.
A number of equities research analysts have weighed in on the stock. Zacks Investment Research upgraded shares of Vocera Communications from a “sell” rating to a “hold” rating in a research note on Saturday. Chardan Capital reiterated a “buy” rating and set a $35.00 price target (down previously from $37.00) on shares of Vocera Communications in a research note on Monday, February 12th. Citigroup assumed coverage on shares of Vocera Communications in a research note on Thursday, January 4th. They set a “buy” rating on the stock. Cantor Fitzgerald reiterated a “buy” rating and set a $35.00 price target on shares of Vocera Communications in a research note on Tuesday, March 27th. Finally, Leerink Swann downgraded shares of Vocera Communications from an “outperform” rating to a “market perform” rating and set a $29.00 price target on the stock. in a research note on Tuesday, March 13th. They noted that the move was a valuation call. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and eight have issued a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $32.78.
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Vocera Communications Company Profile
Vocera Communications, Inc provides secure, integrated, and intelligent communication and workflow solutions that empowers mobile workers in healthcare, hospitality, energy, and other mission-critical mobile work environments in the United States and internationally. The company's communication solution could be integrated with other clinical systems, including electronic health records, nurse call systems, and patient monitoring, as well as to provide critical data, alerts, alarms, and clinical context that enable workflow.
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