Vocera Communications, Inc. (NYSE:VCRA) insider Mary Bridget Duffy sold 716 shares of the business’s stock in a transaction dated Friday, June 11th. The shares were sold at an average price of $37.24, for a total transaction of $26,663.84. Following the completion of the sale, the insider now owns 49,453 shares in the company, valued at $1,841,629.72. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.
Shares of VCRA opened at $37.26 on Friday. The company has a 50 day simple moving average of $35.75. The company has a debt-to-equity ratio of 1.59, a current ratio of 4.84 and a quick ratio of 4.70. The firm has a market capitalization of $1.28 billion, a P/E ratio of -177.42 and a beta of 0.13. Vocera Communications, Inc. has a 52-week low of $19.51 and a 52-week high of $55.60.
Vocera Communications (NYSE:VCRA) last issued its quarterly earnings data on Thursday, April 29th. The communications equipment provider reported ($0.11) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.25) by $0.14. Vocera Communications had a positive return on equity of 0.85% and a negative net margin of 3.30%. The company had revenue of $48.67 million during the quarter, compared to analysts’ expectations of $46.62 million. On average, equities research analysts predict that Vocera Communications, Inc. will post -0.22 EPS for the current fiscal year.
VCRA has been the subject of several research reports. Morgan Stanley initiated coverage on Vocera Communications in a research report on Tuesday, June 1st. They issued an “equal weight” rating and a $40.00 target price for the company. Berenberg Bank initiated coverage on Vocera Communications in a research report on Tuesday, June 8th. They issued a “buy” rating and a $46.00 target price for the company. Zacks Investment Research downgraded Vocera Communications from a “hold” rating to a “sell” rating in a research report on Thursday, May 6th. Finally, BTIG Research began coverage on Vocera Communications in a research report on Monday, June 7th. They set a “buy” rating and a $45.00 price objective for the company. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and seven have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $42.20.
Institutional investors have recently added to or reduced their stakes in the company. Retirement Group LLC purchased a new stake in shares of Vocera Communications during the fourth quarter worth approximately $35,000. Robeco Institutional Asset Management B.V. purchased a new stake in shares of Vocera Communications during the first quarter worth approximately $76,000. Quantbot Technologies LP purchased a new stake in shares of Vocera Communications during the first quarter worth approximately $129,000. Amalgamated Bank purchased a new stake in shares of Vocera Communications during the fourth quarter worth approximately $209,000. Finally, Truist Financial Corp purchased a new stake in shares of Vocera Communications during the fourth quarter worth approximately $215,000.
Vocera Communications Company Profile
Vocera Communications, Inc provides secure, integrated, and intelligent communication and workflow solutions that empowers mobile workers in healthcare, hospitality, retail, energy, education, and other mission-critical mobile work environments in the United States and internationally. The company's communication solution integrates 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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