Hood River Capital Management LLC lessened its position in shares of Vocera Communications Inc (NYSE:VCRA) by 22.6% during the fourth quarter, Holdings Channel reports. The institutional investor owned 286,406 shares of the communications equipment provider’s stock after selling 83,829 shares during the quarter. Hood River Capital Management LLC’s holdings in Vocera Communications were worth $8,655,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. TIAA CREF Investment Management LLC lifted its position in Vocera Communications by 11.5% during the 2nd quarter. TIAA CREF Investment Management LLC now owns 107,486 shares of the communications equipment provider’s stock worth $2,840,000 after acquiring an additional 11,125 shares during the period. Goldman Sachs Group Inc. lifted its position in Vocera Communications by 25.2% during the 2nd quarter. Goldman Sachs Group Inc. now owns 61,148 shares of the communications equipment provider’s stock worth $1,615,000 after acquiring an additional 12,321 shares during the period. Wells Fargo & Company MN lifted its position in Vocera Communications by 71.7% during the 3rd quarter. Wells Fargo & Company MN now owns 474,748 shares of the communications equipment provider’s stock worth $14,893,000 after acquiring an additional 198,324 shares during the period. Schwab Charles Investment Management Inc. lifted its position in Vocera Communications by 177.2% during the 3rd quarter. Schwab Charles Investment Management Inc. now owns 132,765 shares of the communications equipment provider’s stock worth $4,165,000 after acquiring an additional 84,865 shares during the period. Finally, Teachers Advisors LLC lifted its position in Vocera Communications by 10.9% during the 2nd quarter. Teachers Advisors LLC now owns 70,053 shares of the communications equipment provider’s stock worth $1,851,000 after acquiring an additional 6,886 shares during the period.

Shares of Vocera Communications Inc (NYSE:VCRA) opened at $25.80 on Monday. The company has a market capitalization of $753.80, a P/E ratio of -50.59 and a beta of -0.49. Vocera Communications Inc has a 1-year low of $19.48 and a 1-year high of $32.23.

Vocera Communications (NYSE:VCRA) last posted its quarterly earnings results on Thursday, February 8th. The communications equipment provider reported $0.29 EPS for the quarter, beating the consensus estimate of $0.15 by $0.14. The business had revenue of $45.50 million during the quarter, compared to analysts’ expectations of $43.72 million. Vocera Communications had a negative return on equity of 8.29% and a negative net margin of 8.75%. Vocera Communications’s quarterly revenue was up 26.4% compared to the same quarter last year. research analysts anticipate that Vocera Communications Inc will post -0.04 EPS for the current year.

A number of research firms have weighed in on VCRA. Leerink Swann decreased their price objective on Vocera Communications from $34.00 to $31.00 and set an “outperform” rating for the company in a research report on Friday. Chardan Capital began coverage on Vocera Communications in a research report on Tuesday, January 30th. They set a “buy” rating and a $37.00 price objective for the company. BidaskClub raised Vocera Communications from a “sell” rating to a “hold” rating in a research report on Wednesday, October 25th. Citigroup began coverage on Vocera Communications in a research report on Thursday, January 4th. They set a “buy” rating for the company. Finally, Craig Hallum reaffirmed a “buy” rating and set a $36.00 price objective on shares of Vocera Communications in a research report on Monday, November 27th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and nine have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $33.22.

In other news, Director Sharon O’keefe sold 2,000 shares of the firm’s stock in a transaction that occurred on Friday, January 5th. The stock was sold at an average price of $30.18, for a total value of $60,360.00. Following the completion of the sale, the director now directly owns 42,127 shares of the company’s stock, valued at approximately $1,271,392.86. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Brent D. Lang sold 5,000 shares of the firm’s stock in a transaction that occurred on Friday, December 1st. The shares were sold at an average price of $28.27, for a total value of $141,350.00. The disclosure for this sale can be found here. Insiders sold a total of 80,922 shares of company stock valued at $2,276,087 over the last three months. Insiders own 6.30% of the company’s stock.

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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.

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

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