Insight Capital Research & Management Inc. Sells 84,759 Shares of Vocera Communications, Inc. (NYSE:VCRA)

Insight Capital Research & Management Inc. decreased its position in shares of Vocera Communications, Inc. (NYSE:VCRA) by 41.5% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 119,469 shares of the communications equipment provider’s stock after selling 84,759 shares during the period. Vocera Communications makes up 1.9% of Insight Capital Research & Management Inc.’s portfolio, making the stock its 9th largest position. Insight Capital Research & Management Inc. owned about 0.42% of Vocera Communications worth $3,156,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in VCRA. Rockefeller Financial Services Inc. increased its position in Vocera Communications by 3.1% in the first quarter. Rockefeller Financial Services Inc. now owns 898,770 shares of the communications equipment provider’s stock worth $22,316,000 after buying an additional 26,875 shares during the period. Kalmar Investments Inc. DE increased its position in Vocera Communications by 74.8% in the first quarter. Kalmar Investments Inc. DE now owns 122,360 shares of the communications equipment provider’s stock valued at $3,038,000 after buying an additional 52,360 shares during the last quarter. Strs Ohio acquired a new position in Vocera Communications during the first quarter valued at approximately $749,000. Glen Harbor Capital Management LLC increased its position in Vocera Communications by 44.9% in the first quarter. Glen Harbor Capital Management LLC now owns 63,866 shares of the communications equipment provider’s stock valued at $1,586,000 after buying an additional 19,800 shares during the last quarter. Finally, Nationwide Fund Advisors increased its position in Vocera Communications by 4.4% in the first quarter. Nationwide Fund Advisors now owns 160,207 shares of the communications equipment provider’s stock valued at $3,978,000 after buying an additional 6,752 shares during the last quarter.

Shares of Vocera Communications, Inc. (VCRA) opened at 26.92 on Friday. The firm’s market cap is $783.48 million. The stock’s 50 day moving average is $26.46 and its 200 day moving average is $24.41. Vocera Communications, Inc. has a 12-month low of $14.99 and a 12-month high of $28.60.

Vocera Communications (NYSE:VCRA) last issued its quarterly earnings data on Thursday, July 27th. The communications equipment provider reported ($0.21) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.19) by $0.02. The company had revenue of $38.45 million for the quarter, compared to analysts’ expectations of $37.53 million. Vocera Communications had a negative net margin of 17.28% and a negative return on equity of 14.71%. The firm’s revenue for the quarter was up 23.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.02 earnings per share. Equities analysts expect that Vocera Communications, Inc. will post $0.16 earnings per share for the current year.

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VCRA has been the subject of a number of recent analyst reports. Cantor Fitzgerald restated a “buy” rating and set a $30.00 price target on shares of Vocera Communications in a report on Thursday, July 27th. Zacks Investment Research cut shares of Vocera Communications from a “hold” rating to a “sell” rating in a research note on Wednesday, August 2nd. ValuEngine upgraded shares of Vocera Communications from a “sell” rating to a “hold” rating in a research note on Friday, June 2nd. Oppenheimer Holdings, Inc. restated an “outperform” rating and set a $28.00 price target (up previously from $27.00) on shares of Vocera Communications in a research note on Monday, May 1st. Finally, Leerink Swann raised their price target on shares of Vocera Communications from $24.00 to $31.00 and gave the stock an “outperform” rating in a research note on Friday, July 28th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and five have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $28.67.

In other news, CEO Brent D. Lang sold 5,000 shares of the company’s stock in a transaction dated Monday, July 3rd. The shares were sold at an average price of $25.90, for a total value of $129,500.00. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Robert Zollars sold 57,925 shares of the company’s stock in a transaction dated Tuesday, July 18th. The stock was sold at an average price of $25.78, for a total transaction of $1,493,306.50. Following the completion of the sale, the director now directly owns 42,748 shares in the company, valued at $1,102,043.44. The disclosure for this sale can be found here. Over the last three months, insiders have sold 393,245 shares of company stock worth $10,174,851. Insiders own 6.30% 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 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)

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