Essex Investment Management Co. LLC raised its position in Vocera Communications Inc. (NYSE:VCRA) by 47.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 137,921 shares of the company’s stock after buying an additional 44,298 shares during the period. Essex Investment Management Co. LLC’s holdings in Vocera Communications were worth $1,772,000 as of its most recent SEC filing.
Other large investors have also modified their holdings of the company. UBS Group AG raised its stake in shares of Vocera Communications by 1.1% in the first quarter. UBS Group AG now owns 141,091 shares of the company’s stock worth $1,799,000 after buying an additional 1,477 shares during the last quarter. Jacobs Levy Equity Management Inc. raised 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. Bank of Montreal Can acquired a new stake in shares of Vocera Communications during the second quarter worth $177,000. Palisade Capital Management LLC NJ raised its stake in shares of Vocera Communications by 5.3% in the first quarter. Palisade Capital Management LLC NJ now owns 307,500 shares of the company’s stock worth $3,921,000 after buying an additional 15,400 shares during the last quarter. Finally, Springbok Capital Management LLC raised 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. Institutional investors and hedge funds own 92.82% of the company’s stock.
Shares of Vocera Communications Inc. (NYSE:VCRA) traded up 0.60% on Friday, reaching $16.90. The company’s stock had a trading volume of 175,989 shares. The stock has a 50-day moving average price of $16.40 and a 200-day moving average price of $13.64. The company’s market capitalization is $456.64 million. Vocera Communications Inc. has a 1-year low of $10.08 and a 1-year high of $17.48.
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, topping the consensus estimate of ($0.02) by $0.04. The firm 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%. Vocera Communications’s revenue was up 22.4% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.09) earnings per share. On average, equities research analysts forecast that Vocera Communications Inc. will post $0.05 EPS for the current year.
VCRA has been the subject of a number of research reports. Zacks Investment Research raised Vocera Communications from a “hold” rating to a “buy” rating and set a $17.00 target price for the company in a report on Wednesday, August 3rd. FBR & Co lifted their target price on Vocera Communications from $17.00 to $20.00 and gave the stock an “outperform” rating in a report on Friday, July 29th. Raymond James Financial Inc. initiated coverage on Vocera Communications in a report on Wednesday, July 13th. They set an “outperform” rating and a $16.50 target price for the company. Oppenheimer Holdings Inc. reaffirmed a “buy” rating on shares of Vocera Communications in a report on Friday, June 10th. Finally, Leerink Swann reaffirmed an “outperform” rating and set a $18.00 target price (up previously from $16.00) on shares of Vocera Communications in a report on Sunday, July 31st. Nine investment analysts have rated the stock with a buy rating, Vocera Communications currently has an average rating of “Buy” and a consensus target price of $18.44.
In related news, CEO Brent D. Lang sold 2,000 shares of Vocera Communications stock in a transaction on Wednesday, July 6th. The stock was sold at an average price of $13.03, for a total transaction of $26,060.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Hany Nada sold 180,521 shares of Vocera Communications stock in a transaction on Friday, July 29th. The stock was sold at an average price of $15.03, for a total value of $2,713,230.63. The disclosure for this sale can be found here. Corporate insiders own 13.60% of the company’s stock.
About Vocera Communications
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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