ClariVest Asset Management LLC maintained its stake in Vocera Communications Inc. (NYSE:VCRA) during the second quarter, Holdings Channel reports. The institutional investor owned 21,817 shares of the company’s stock at the end of the second quarter. ClariVest Asset Management LLC’s holdings in Vocera Communications were worth $280,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently bought and sold shares of VCRA. Bank of Montreal Can bought a new stake in shares of Vocera Communications during the second quarter worth approximately $177,000. Magnetar Financial LLC bought a new stake in shares of Vocera Communications during the first quarter worth approximately $234,000. Springbok Capital Management LLC boosted its stake in shares of Vocera Communications by 425.1% in the first quarter. Springbok Capital Management LLC now owns 21,005 shares of the company’s stock worth $268,000 after buying an additional 17,005 shares during the last quarter. Eqis Capital Management Inc. bought a new stake in shares of Vocera Communications during the second quarter worth approximately $273,000. Finally, Jacobs Levy Equity Management Inc. boosted its stake in shares of Vocera Communications by 12.5% in the first quarter. Jacobs Levy Equity Management Inc. now owns 94,840 shares of the company’s stock worth $1,209,000 after buying an additional 10,565 shares during the last quarter. Institutional investors own 92.76% of the company’s stock.
Shares of Vocera Communications Inc. (NYSE:VCRA) traded up 0.45% during trading on Tuesday, reaching $17.97. The company had a trading volume of 142,787 shares. The company’s market capitalization is $485.55 million. The stock’s 50-day moving average price is $17.20 and its 200-day moving average price is $14.04. Vocera Communications Inc. has a 52 week low of $10.08 and a 52 week high of $18.59.
Vocera Communications (NYSE:VCRA) last issued its quarterly earnings data on Thursday, July 28th. The company reported $0.02 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.02) by $0.04. The business earned $31.10 million during the quarter, compared to analysts’ expectations of $27.90 million. Vocera Communications had a negative return on equity of 12.43% and a negative net margin of 12.19%. The company’s revenue for the quarter was up 22.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.09) EPS. On average, equities analysts expect that Vocera Communications Inc. will post $0.05 EPS for the current fiscal year.
Several research firms recently issued reports on VCRA. Raymond James Financial Inc. began coverage on Vocera Communications in a research report on Wednesday, July 13th. They set an “outperform” rating and a $16.50 target price for the company. FBR & Co increased their target price on Vocera Communications from $17.00 to $20.00 and gave the stock an “outperform” rating in a research report on Friday, July 29th. Zacks Investment Research cut Vocera Communications from a “buy” rating to a “hold” rating in a research report on Thursday, June 30th. Finally, Leerink Swann reiterated an “outperform” rating and set a $20.00 target price (up previously from $18.00) on shares of Vocera Communications in a research report on Thursday, September 8th. Nine investment analysts have rated the stock with a buy rating, Vocera Communications currently has a consensus rating of “Buy” and an average price target of $18.44.
In other news, CEO Brent D. Lang sold 2,000 shares of the business’s stock in a transaction dated Thursday, August 4th. The stock was sold at an average price of $15.00, for a total value of $30,000.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Brent D. Lang sold 12,295 shares of the business’s stock in a transaction dated Monday, August 1st. The shares were sold at an average price of $14.98, for a total value of $184,179.10. The disclosure for this sale can be found here. 13.60% of the stock is owned by insiders.
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 solutions include the Vocera Communication System, Vocera Care Experience Suite and its Experience Innovation Network. Its two segments include Product and Service.
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