California Public Employees Retirement System Buys Shares of 18,400 Vocera Communications, Inc. (VCRA)

California Public Employees Retirement System bought a new position in shares of Vocera Communications, Inc. (NYSE:VCRA) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 18,400 shares of the communications equipment provider’s stock, valued at approximately $486,000. California Public Employees Retirement System owned approximately 0.06% of Vocera Communications as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the business. Nicholas Investment Partners LP lifted its holdings in Vocera Communications by 0.3% during the 2nd quarter. Nicholas Investment Partners LP now owns 127,668 shares of the communications equipment provider’s stock worth $3,371,000 after buying an additional 411 shares in the last quarter. Metropolitan Life Insurance Co. NY increased its position in shares of Vocera Communications by 2.6% in the 1st quarter. Metropolitan Life Insurance Co. NY now owns 17,331 shares of the communications equipment provider’s stock valued at $430,000 after purchasing an additional 434 shares during the last quarter. Legal & General Group Plc increased its position in shares of Vocera Communications by 11.2% in the 2nd quarter. Legal & General Group Plc now owns 6,662 shares of the communications equipment provider’s stock valued at $177,000 after purchasing an additional 671 shares during the last quarter. US Bancorp DE increased its position in shares of Vocera Communications by 41.9% in the 2nd quarter. US Bancorp DE now owns 5,208 shares of the communications equipment provider’s stock valued at $138,000 after purchasing an additional 1,538 shares during the last quarter. Finally, Sei Investments Co. increased its position in shares of Vocera Communications by 36.1% in the 2nd quarter. Sei Investments Co. now owns 7,853 shares of the communications equipment provider’s stock valued at $207,000 after purchasing an additional 2,082 shares during the last quarter.

In other Vocera Communications news, CEO Brent D. Lang sold 5,000 shares of the firm’s stock in a transaction on Monday, October 2nd. The shares were sold at an average price of $31.61, for a total transaction of $158,050.00. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP Paul T. Johnson sold 4,000 shares of the firm’s stock in a transaction on Monday, September 11th. The stock was sold at an average price of $28.11, for a total transaction of $112,440.00. Following the transaction, the executive vice president now directly owns 162,134 shares in the company, valued at $4,557,586.74. The disclosure for this sale can be found here. Insiders have sold a total of 29,000 shares of company stock worth $838,080 over the last three months. 6.30% of the stock is currently owned by insiders.

VCRA has been the topic of a number of recent analyst reports. BidaskClub downgraded shares of Vocera Communications from a “hold” rating to a “sell” rating in a research report on Wednesday, October 18th. Leerink Swann reissued an “outperform” rating and issued a $34.00 price objective (up from $31.00) on shares of Vocera Communications in a research report on Tuesday, September 12th. Zacks Investment Research raised shares of Vocera Communications from a “hold” rating to a “buy” rating and set a $35.00 price objective on the stock in a research report on Friday, September 29th. Oppenheimer reissued a “buy” rating and issued a $32.00 price objective on shares of Vocera Communications in a research report on Friday, September 22nd. Finally, Cantor Fitzgerald reissued a “buy” rating and issued a $35.00 price objective on shares of Vocera Communications in a research report on Thursday, October 26th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and six have issued a buy rating to the company. Vocera Communications presently has an average rating of “Buy” and a consensus price target of $33.14.

Vocera Communications, Inc. (NYSE:VCRA) traded up $0.69 during midday trading on Thursday, hitting $28.76. 188,180 shares of the company were exchanged, compared to its average volume of 199,385. Vocera Communications, Inc. has a 1 year low of $17.31 and a 1 year high of $32.23.

Vocera Communications (NYSE:VCRA) last posted its earnings results on Thursday, October 26th. The communications equipment provider reported $0.11 EPS for the quarter, beating the Zacks’ consensus estimate of $0.10 by $0.01. The firm had revenue of $42.30 million for the quarter, compared to the consensus estimate of $41.44 million. Vocera Communications had a negative net margin of 17.42% and a negative return on equity of 15.55%. The company’s revenue was up 25.3% on a year-over-year basis. During the same period last year, the firm posted $0.08 EPS. research analysts predict that Vocera Communications, Inc. will post -0.41 earnings per share for the current fiscal year.

ILLEGAL ACTIVITY WARNING: “California Public Employees Retirement System Buys Shares of 18,400 Vocera Communications, Inc. (VCRA)” was originally posted by The Lincolnian Online and is the sole property of of The Lincolnian Online. If you are accessing this story on another domain, it was illegally copied and republished in violation of US & international copyright & trademark legislation. The legal version of this story can be accessed at https://www.thelincolnianonline.com/2017/12/07/california-public-employees-retirement-system-invests-486000-in-vocera-communications-inc-vcra-stock-updated-updated.html.

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 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.

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

Receive News & Ratings for Vocera Communications Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vocera Communications Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply