Zebra Technologies Co. (NASDAQ:ZBRA) Shares Purchased by Eagle Bay Advisors LLC

Eagle Bay Advisors LLC boosted its stake in Zebra Technologies Co. (NASDAQ:ZBRAFree Report) by 19.6% during the 4th quarter, HoldingsChannel reports. The fund owned 664 shares of the industrial products company’s stock after buying an additional 109 shares during the period. Eagle Bay Advisors LLC’s holdings in Zebra Technologies were worth $256,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in ZBRA. Private Advisor Group LLC increased its stake in Zebra Technologies by 8.9% during the second quarter. Private Advisor Group LLC now owns 2,187 shares of the industrial products company’s stock valued at $676,000 after purchasing an additional 178 shares during the last quarter. Acadian Asset Management LLC increased its stake in Zebra Technologies by 1,087.2% during the second quarter. Acadian Asset Management LLC now owns 1,674 shares of the industrial products company’s stock valued at $516,000 after purchasing an additional 1,533 shares during the last quarter. Daiwa Securities Group Inc. increased its stake in Zebra Technologies by 27.4% during the second quarter. Daiwa Securities Group Inc. now owns 6,484 shares of the industrial products company’s stock valued at $2,003,000 after purchasing an additional 1,396 shares during the last quarter. Thoroughbred Financial Services LLC bought a new stake in Zebra Technologies during the second quarter valued at $314,000. Finally, Oppenheimer Asset Management Inc. increased its stake in Zebra Technologies by 17.7% during the second quarter. Oppenheimer Asset Management Inc. now owns 3,700 shares of the industrial products company’s stock valued at $1,143,000 after purchasing an additional 557 shares during the last quarter. 91.03% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Zebra Technologies

In other Zebra Technologies news, CFO Nathan Andrew Winters sold 1,837 shares of the company’s stock in a transaction dated Thursday, October 31st. The shares were sold at an average price of $381.73, for a total value of $701,238.01. Following the completion of the sale, the chief financial officer now directly owns 11,421 shares of the company’s stock, valued at approximately $4,359,738.33. This represents a 13.86 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.06% of the stock is owned by corporate insiders.

Zebra Technologies Price Performance

ZBRA traded down $7.50 on Monday, reaching $378.04. The company had a trading volume of 152,430 shares, compared to its average volume of 337,320. The company has a fifty day moving average of $396.04 and a 200-day moving average of $362.67. The company has a market capitalization of $19.50 billion, a P/E ratio of 51.43 and a beta of 1.64. The company has a current ratio of 1.37, a quick ratio of 0.96 and a debt-to-equity ratio of 0.61. Zebra Technologies Co. has a one year low of $233.95 and a one year high of $413.43.

Zebra Technologies (NASDAQ:ZBRAGet Free Report) last announced its earnings results on Tuesday, October 29th. The industrial products company reported $3.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.92 by $0.57. The firm had revenue of $1.26 billion during the quarter, compared to analyst estimates of $1.22 billion. Zebra Technologies had a net margin of 8.20% and a return on equity of 15.56%. Zebra Technologies’s revenue was up 31.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.57 EPS. As a group, equities research analysts anticipate that Zebra Technologies Co. will post 12.4 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on ZBRA. StockNews.com upgraded shares of Zebra Technologies from a “hold” rating to a “buy” rating in a research note on Thursday, October 31st. Morgan Stanley boosted their target price on shares of Zebra Technologies from $400.00 to $427.00 and gave the company an “equal weight” rating in a research note on Tuesday, December 17th. TD Cowen upped their price target on shares of Zebra Technologies from $380.00 to $425.00 and gave the stock a “buy” rating in a research report on Wednesday, October 30th. Needham & Company LLC upped their price target on shares of Zebra Technologies from $394.00 to $430.00 and gave the stock a “buy” rating in a research report on Wednesday, October 30th. Finally, Barclays upped their price target on shares of Zebra Technologies from $347.00 to $407.00 and gave the stock an “equal weight” rating in a research report on Thursday, October 31st. Four research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $398.55.

Check Out Our Latest Report on Zebra Technologies

Zebra Technologies Company Profile

(Free Report)

Zebra Technologies Corporation, together with its subsidiaries, provides enterprise asset intelligence solutions in the automatic identification and data capture solutions industry worldwide. It operates in two segments, Asset Intelligence & Tracking, and Enterprise Visibility & Mobility. The company designs, manufactures, and sells printers that produce labels, wristbands, tickets, receipts, and plastic cards; dye-sublimination thermal card printers that produce images, which are used for personal identification, access control, and financial transactions; radio frequency identification device (RFID) printers that encode data into passive RFID transponders; accessories and options for printers, including carrying cases, vehicle mounts, and battery chargers; stock and customized thermal labels, receipts, ribbons, plastic cards, and RFID tags for printers; and temperature-monitoring labels primarily used in vaccine distribution.

See Also

Want to see what other hedge funds are holding ZBRA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Zebra Technologies Co. (NASDAQ:ZBRAFree Report).

Institutional Ownership by Quarter for Zebra Technologies (NASDAQ:ZBRA)

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