Gilder Gagnon Howe & Co. LLC increased its position in shares of Vocera Communications, Inc. (NYSE:VCRA) by 4.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 248,460 shares of the communications equipment provider’s stock after buying an additional 10,802 shares during the period. Gilder Gagnon Howe & Co. LLC owned 0.87% of Vocera Communications worth $6,564,000 as of its most recent SEC filing.
Several other hedge funds also recently bought and sold shares of the stock. US Bancorp DE raised its stake in shares of Vocera Communications by 41.9% in the second quarter. US Bancorp DE now owns 5,208 shares of the communications equipment provider’s stock worth $138,000 after buying an additional 1,538 shares during the last quarter. Sei Investments Co. increased its position in Vocera Communications by 12.9% in the first quarter. Sei Investments Co. now owns 5,771 shares of the communications equipment provider’s stock worth $143,000 after buying an additional 658 shares during the period. Campbell & CO Investment Adviser LLC purchased a new position in Vocera Communications during the second quarter worth approximately $207,000. Karp Capital Management Corp purchased a new position in Vocera Communications during the first quarter worth approximately $216,000. Finally, Blair William & Co. IL increased its position in Vocera Communications by 0.8% in the first quarter. Blair William & Co. IL now owns 16,035 shares of the communications equipment provider’s stock worth $369,000 after buying an additional 125 shares during the period.
Vocera Communications, Inc. (NYSE:VCRA) traded down 0.50% during midday trading on Friday, reaching $27.62. The company’s stock had a trading volume of 89,215 shares. The firm’s market capitalization is $803.85 million. The stock has a 50 day moving average of $26.56 and a 200 day moving average of $24.68. Vocera Communications, Inc. has a 52 week low of $15.34 and a 52 week high of $28.60.
Vocera Communications (NYSE:VCRA) last released its quarterly earnings results on Thursday, July 27th. The communications equipment provider reported ($0.21) earnings per share 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 previous year, the firm posted $0.02 earnings per share. The firm’s quarterly revenue was up 23.4% on a year-over-year basis. On average, equities research analysts predict that Vocera Communications, Inc. will post $0.16 earnings per share for the current fiscal year.
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A number of research firms have recently commented on VCRA. Cantor Fitzgerald restated a “buy” rating and issued a $30.00 price objective on shares of Vocera Communications in a report on Thursday, July 27th. ValuEngine upgraded Vocera Communications from a “sell” rating to a “hold” rating in a report on Friday, June 2nd. Oppenheimer Holdings, Inc. reiterated an “outperform” rating and set a $28.00 target price (up from $27.00) on shares of Vocera Communications in a report on Monday, May 1st. CIBC raised their target price on Vocera Communications from $27.00 to $28.00 and gave the company an “outperform” rating in a report on Tuesday, May 2nd. Finally, Zacks Investment Research downgraded Vocera Communications from a “hold” rating to a “sell” rating in a report on Wednesday, August 2nd. One analyst has rated the stock with a sell rating, one has given a hold rating and five have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $28.67.
In other Vocera Communications news, Director Robert Zollars sold 62,000 shares of the business’s stock in a transaction that occurred on Monday, June 19th. The shares were sold at an average price of $26.91, for a total transaction of $1,668,420.00. Following the completion of the transaction, the director now directly owns 42,748 shares in the company, valued at $1,150,348.68. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Mary Bridget Duffy sold 38,320 shares of the business’s stock in a transaction that occurred on Wednesday, July 5th. The shares were sold at an average price of $25.62, for a total transaction of $981,758.40. Following the transaction, the insider now owns 91,739 shares of the company’s stock, valued at $2,350,353.18. The disclosure for this sale can be found here. Over the last quarter, insiders sold 296,527 shares of company stock valued at $7,749,115. 6.30% of the stock is owned by company 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 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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