Zebra Technologies Corp. (NASDAQ:ZBRA) SVP Jim L. Kaput sold 4,884 shares of the stock in a transaction that occurred on Wednesday, March 7th. The stock was sold at an average price of $145.24, for a total value of $709,352.16. Following the transaction, the senior vice president now owns 23,374 shares in the company, valued at $3,394,839.76. The transaction was disclosed in a filing with the SEC, which is accessible through this link.
Shares of Zebra Technologies Corp. (NASDAQ ZBRA) traded down $2.58 on Thursday, hitting $141.40. The company had a trading volume of 253,848 shares, compared to its average volume of 387,636. Zebra Technologies Corp. has a 12 month low of $84.32 and a 12 month high of $145.55. The company has a current ratio of 1.06, a quick ratio of 0.61 and a debt-to-equity ratio of 2.61. The company has a market cap of $7,626.46, a PE ratio of 21.93, a P/E/G ratio of 2.32 and a beta of 1.48.
Zebra Technologies (NASDAQ:ZBRA) last issued its earnings results on Thursday, February 22nd. The industrial products company reported $2.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.12 by $0.21. Zebra Technologies had a return on equity of 42.96% and a net margin of 0.46%. The company had revenue of $1.03 billion for the quarter, compared to analysts’ expectations of $984.33 million. During the same period last year, the business earned $1.93 EPS. Zebra Technologies’s quarterly revenue was up 8.9% compared to the same quarter last year. analysts anticipate that Zebra Technologies Corp. will post 8.25 earnings per share for the current fiscal year.
A number of large investors have recently modified their holdings of ZBRA. Raymond James Financial Services Advisors Inc. bought a new position in Zebra Technologies during the 2nd quarter valued at $383,000. Nationwide Fund Advisors increased its position in shares of Zebra Technologies by 43.9% during the 3rd quarter. Nationwide Fund Advisors now owns 254,968 shares of the industrial products company’s stock valued at $27,684,000 after purchasing an additional 77,845 shares during the last quarter. Crossmark Global Holdings Inc. purchased a new stake in shares of Zebra Technologies during the 3rd quarter valued at $690,000. Canada Pension Plan Investment Board increased its position in shares of Zebra Technologies by 206.5% during the 3rd quarter. Canada Pension Plan Investment Board now owns 80,008 shares of the industrial products company’s stock valued at $8,687,000 after purchasing an additional 53,900 shares during the last quarter. Finally, State Board of Administration of Florida Retirement System increased its position in shares of Zebra Technologies by 0.6% during the 3rd quarter. State Board of Administration of Florida Retirement System now owns 70,916 shares of the industrial products company’s stock valued at $7,700,000 after purchasing an additional 440 shares during the last quarter. Institutional investors and hedge funds own 89.35% of the company’s stock.
A number of research firms have issued reports on ZBRA. BidaskClub cut Zebra Technologies from a “hold” rating to a “sell” rating in a report on Friday, December 15th. Barrington Research increased their price target on Zebra Technologies to $150.00 and gave the stock an “outperform” rating in a report on Friday, February 23rd. Northcoast Research set a $162.00 price target on Zebra Technologies and gave the stock a “buy” rating in a report on Friday, February 23rd. Wells Fargo & Co restated a “market perform” rating and set a $140.00 price target (up from $112.00) on shares of Zebra Technologies in a report on Tuesday, February 27th. Finally, ValuEngine cut Zebra Technologies from a “buy” rating to a “hold” rating in a report on Wednesday, January 10th. Four research analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of $138.78.
About Zebra Technologies
Zebra Technologies Corporation designs, manufactures and sells a range of automatic identification and data capture (AIDC) products. The Company’s AIDC products include mobile computers, barcode scanners, radio frequency identification (RFID) readers, wireless local area network (WLAN) products, specialty printers for barcode labeling and personal identification, real-time location systems (RTLS), related accessories and supplies, such as self-adhesive labels and other consumables, and utilities and application software.
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