OppenheimerFunds Inc. lifted its holdings in Vocera Communications Inc (NYSE:VCRA) by 6.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 364,109 shares of the communications equipment provider’s stock after acquiring an additional 23,357 shares during the period. OppenheimerFunds Inc. owned approximately 1.23% of Vocera Communications worth $8,528,000 as of its most recent SEC filing.
Several other institutional investors have also added to or reduced their stakes in the company. Quantbot Technologies LP acquired a new stake in Vocera Communications during the 1st quarter valued at $107,000. Rockefeller Capital Management L.P. acquired a new stake in Vocera Communications during the 1st quarter valued at $24,860,000. Alambic Investment Management L.P. acquired a new stake in Vocera Communications during the 1st quarter valued at $899,000. US Bancorp DE grew its holdings in Vocera Communications by 51.6% during the 1st quarter. US Bancorp DE now owns 9,686 shares of the communications equipment provider’s stock valued at $226,000 after purchasing an additional 3,297 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. grew its holdings in Vocera Communications by 2.6% during the 1st quarter. Schwab Charles Investment Management Inc. now owns 152,100 shares of the communications equipment provider’s stock valued at $3,563,000 after purchasing an additional 3,832 shares in the last quarter.
NYSE VCRA opened at $28.19 on Thursday. Vocera Communications Inc has a 12 month low of $22.43 and a 12 month high of $32.23. The firm has a market cap of $848.05 million, a price-to-earnings ratio of -93.97 and a beta of -0.09.
In other Vocera Communications news, Director Sharon O’keefe sold 2,000 shares of the stock in a transaction on Thursday, June 7th. The shares were sold at an average price of $28.00, for a total transaction of $56,000.00. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Chairman Brent D. Lang sold 10,000 shares of the stock in a transaction on Thursday, June 7th. The shares were sold at an average price of $27.81, for a total transaction of $278,100.00. The disclosure for this sale can be found here. Insiders have sold a total of 42,000 shares of company stock worth $1,105,600 over the last quarter. 4.90% of the stock is currently owned by insiders.
VCRA has been the subject of a number of recent analyst reports. Zacks Investment Research lowered shares of Vocera Communications from a “hold” rating to a “sell” rating in a report on Friday, April 13th. Leerink Swann lowered shares of Vocera Communications from an “outperform” rating to a “market perform” rating and set a $29.00 price target for the company. in a report on Tuesday, March 13th. They noted that the move was a valuation call. Finally, Cantor Fitzgerald reaffirmed a “buy” rating and set a $35.00 price target on shares of Vocera Communications in a report on Tuesday, March 27th. 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. The stock has a consensus rating of “Buy” and an average target price of $34.14.
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, as well as to provide critical data, alerts, alarms, and clinical context that enable workflow.
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