Wellington Management Group LLP trimmed its position in Vocera Communications Inc (NYSE:VCRA) by 36.5% during the first quarter, according to its most recent 13F filing with the SEC. The fund owned 17,323 shares of the communications equipment provider’s stock after selling 9,949 shares during the period. Wellington Management Group LLP owned about 0.05% of Vocera Communications worth $368,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds have also recently made changes to their positions in VCRA. Point72 Hong Kong Ltd bought a new position in shares of Vocera Communications in the 4th quarter worth $45,000. Great West Life Assurance Co. Can bought a new position in shares of Vocera Communications in the 4th quarter worth $45,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of Vocera Communications by 56.3% in the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,610 shares of the communications equipment provider’s stock worth $55,000 after purchasing an additional 940 shares during the last quarter. Exchange Traded Concepts LLC boosted its position in shares of Vocera Communications by 46.8% in the 1st quarter. Exchange Traded Concepts LLC now owns 6,291 shares of the communications equipment provider’s stock worth $134,000 after purchasing an additional 2,006 shares during the last quarter. Finally, IndexIQ Advisors LLC bought a new position in shares of Vocera Communications in the 1st quarter worth $181,000.
Vocera Communications stock opened at $20.37 on Wednesday. Vocera Communications Inc has a 52 week low of $15.89 and a 52 week high of $32.66. The company has a debt-to-equity ratio of 0.75, a quick ratio of 4.22 and a current ratio of 4.32. The stock has a market capitalization of $634.42 million, a P/E ratio of -38.43 and a beta of 0.02. The stock has a 50-day simple moving average of $19.76 and a 200 day simple moving average of $21.14.
Vocera Communications (NYSE:VCRA) last posted its quarterly earnings results on Thursday, April 23rd. The communications equipment provider reported ($0.14) EPS for the quarter, topping analysts’ consensus estimates of ($0.18) by $0.04. Vocera Communications had a negative return on equity of 8.75% and a negative net margin of 8.99%. The business had revenue of $40.67 million during the quarter, compared to analysts’ expectations of $37.53 million. During the same quarter last year, the company posted ($0.17) earnings per share. Vocera Communications’s quarterly revenue was up 15.2% on a year-over-year basis. Research analysts forecast that Vocera Communications Inc will post -0.62 earnings per share for the current year.
In other news, CFO Justin Spencer sold 3,000 shares of the business’s stock in a transaction that occurred on Monday, April 13th. The stock was sold at an average price of $21.10, for a total transaction of $63,300.00. Following the completion of the sale, the chief financial officer now owns 149,640 shares in the company, valued at $3,157,404. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Mary Bridget Duffy sold 3,949 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $20.00, for a total value of $78,980.00. Following the sale, the insider now owns 73,108 shares of the company’s stock, valued at approximately $1,462,160. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 59,723 shares of company stock valued at $1,239,195. Corporate insiders own 3.20% of the company’s stock.
VCRA has been the topic of several research analyst reports. SVB Leerink dropped their price objective on Vocera Communications from $19.00 to $16.00 and set an “underperform” rating on the stock in a research note on Friday, April 24th. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $20.00 price objective (down previously from $21.00) on shares of Vocera Communications in a research note on Friday, April 24th. Royal Bank of Canada dropped their price objective on Vocera Communications from $26.00 to $20.00 and set a “sector perform” rating on the stock in a research note on Friday, April 24th. Wells Fargo & Co dropped their price objective on Vocera Communications from $28.00 to $25.00 and set a “sector overweight” rating on the stock in a research note on Friday, April 24th. Finally, Zacks Investment Research downgraded Vocera Communications from a “buy” rating to a “hold” rating in a research note on Sunday, May 3rd. One analyst has rated the stock with a sell rating, five have given a hold rating and nine have given a buy rating to the company’s stock. Vocera Communications currently has a consensus rating of “Buy” and a consensus price target of $25.50.
Vocera Communications Company 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 integrated 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.
Featured Story: What is the return on assets formula?
Receive News & Ratings for Vocera Communications Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vocera Communications and related companies with MarketBeat.com's FREE daily email newsletter.