BlackRock Inc. Buys 114,353 Shares of Vocera Communications Inc. (NYSE: VCRA)



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BlackRock Inc. Lives in Holdings of Vocera Communications Inc. (NYSE: VCRA) by 5.6% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,157,527 shares of the communications equipment provider's stock after acquiring an additional 114,353 shares during the period. BlackRock Inc. owned 7.15% of Vocera Communications worth $ 64,487,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Quantbot Technologies LP acquired a new position in Vocera Communications during the first quarter worth $ 107,000. Koch Industries Inc. acquired a new position in Vocera Communications during the first quarter worth $ 204,000. Dynamic Technology Private Lab Ltd. acquired a new position in Vocera Communications during the first quarter worth $ 251,000. WINTON GROUP Ltd was acquired at Vocera Communications during the first quarter of $ 448,000. Finally, Mesirow Financial Investment Management Inc. acquired a new position in Vocera Communications during the second quarter worth $ 454,000.

NYSE: VCRA opened at $ 32.31 on Friday. The company has a market capitalization of $ 1.10 trillion, a PE ratio of -107.70 and a beta of -0.03. The company has a current ratio of 4.54, a quick ratio of 4.46 and a debt-to-equity ratio of 0.72. Vocera Communications Inc has a 12-month low of $ 22.43 and a 12-month high of $ 36.95.

Vocera Communications (NYSE: VCRA) last released its earnings on Thursday, July 26th. $ 0.09 earnings per share (EPS) for the quarter, the zacks' consensus estimate of ($ 0.14) by $ 0.23. Vocera Communications had a negative return on equity of 2.72% and a negative net margin of 5.01%. The business had revenue of $ 42.69 million for the quarter, compared to analyst estimates of $ 42.50 million. During the year, the company posted $ 0.02 earnings per share. The company's revenue for the quarter was up 7.6% compared to the same quarter last year. Equities analysts predict that Vocera Communications Inc. will post -0.25 earnings per share for the current year.

In related news, Director Sharon O'keefe sold 4,000 shares of Vocera Communications in a transaction on Wednesday, October 3rd. The stock was sold at an average price of $ 33.86, for a total value of $ 135,440.00. 49.727 shares in the company, valued at $ 1,683,756.22. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Chairman Brent D. Lang sold 10,000 shares of Vocera Communications in a transaction that occurred on Tuesday, August 7th. The shares were sold at an average price of $ 31.59, for a total value of $ 315,900.00. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 38,500 shares of company stock worth $ 1,272,415. Company insiders own 4.90% of the company's stock.

Several research analysts have commented on VCRA shares. Citigroup lifted their price target on Vocera Communications from $ 35.00 to $ 37.00 and gave the stock a "buy" rating in a research report on Monday, July 30th. Chardan Capital lifted their price target on Vocera Communications from $ 35.00 to $ 47.00 and gave the stock a "buy" rating in a research report on Friday, July 27th. ValuEngine Raised Vocera Communications from a "hold" rating to a "buy" rating in a research report on Thursday, June 21st. Zacks Investment Research Raised Vocera Communications from a "hold" rating to a "buy" rating and set at $ 35.00. Finally, Jefferies Financial Group is supposed to be covering on Vocera Communications in a report on Wednesday, September 19th. They issued a "buy" rating and a $ 40.00 price on the stock. One research analyst has rated the value of a rating, and has issued a rating and has issued a rating for the company. The company has an average rating of "Buy" and a consensus target price of $ 36.55.

Vocera Communications 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, to provide critical data, alerts, and clinical context that enable workflow.

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Institutional Ownership by Quarter for Vocera Communications (NYSE: VCRA)



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