Swedbank AB increased its holdings in Zebra Technologies Corporation (NASDAQ:ZBRA – Free Report) by 958.0% in the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 417,898 shares of the industrial products company’s stock after buying an additional 378,400 shares during the quarter. Swedbank AB’s holdings in Zebra Technologies were worth $87,374,000 at the end of the most recent reporting period.
Other hedge funds have also bought and sold shares of the company. Ameriflex Group Inc. purchased a new stake in shares of Zebra Technologies during the 3rd quarter valued at about $26,000. Garner Asset Management Corp bought a new stake in shares of Zebra Technologies in the fourth quarter worth approximately $30,000. Johnson Financial Group Inc. raised its holdings in shares of Zebra Technologies by 330.3% during the fourth quarter. Johnson Financial Group Inc. now owns 142 shares of the industrial products company’s stock valued at $34,000 after purchasing an additional 109 shares during the last quarter. SBI Securities Co. Ltd. raised its holdings in shares of Zebra Technologies by 164.8% during the fourth quarter. SBI Securities Co. Ltd. now owns 143 shares of the industrial products company’s stock valued at $35,000 after purchasing an additional 89 shares during the last quarter. Finally, CYBER HORNET ETFs LLC bought a new position in Zebra Technologies during the second quarter valued at approximately $39,000. Hedge funds and other institutional investors own 91.03% of the company’s stock.
Zebra Technologies Trading Down 2.1%
Shares of ZBRA stock opened at $264.65 on Wednesday. The company has a debt-to-equity ratio of 0.69, a current ratio of 0.96 and a quick ratio of 0.57. The company has a market cap of $12.61 billion, a price-to-earnings ratio of 32.00 and a beta of 1.60. Zebra Technologies Corporation has a 1 year low of $199.05 and a 1 year high of $352.66. The firm has a fifty day moving average price of $242.98 and a 200-day moving average price of $237.45.
Analysts Set New Price Targets
Several equities research analysts recently issued reports on ZBRA shares. Needham & Company LLC restated a “buy” rating and issued a $345.00 target price on shares of Zebra Technologies in a report on Wednesday, May 13th. Barclays increased their price target on Zebra Technologies from $345.00 to $346.00 and gave the company an “overweight” rating in a report on Monday, June 22nd. Zacks Research downgraded Zebra Technologies from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 20th. Wolfe Research cut their price objective on Zebra Technologies from $309.00 to $281.00 and set an “outperform” rating for the company in a report on Wednesday, April 8th. Finally, Robert W. Baird upped their price objective on Zebra Technologies from $300.00 to $310.00 and gave the company an “outperform” rating in a research report on Wednesday, May 13th. Eight research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $321.73.
View Our Latest Stock Analysis on ZBRA
Insider Activity
In related news, Director Janice M. Roberts sold 3,000 shares of the stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $249.54, for a total value of $748,620.00. Following the completion of the sale, the director directly owned 6,183 shares of the company’s stock, valued at approximately $1,542,905.82. This represents a 32.67% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Loizides Melissa Luff sold 500 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $253.95, for a total transaction of $126,975.00. Following the sale, the insider owned 3,702 shares in the company, valued at approximately $940,122.90. The trade was a 11.90% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.91% of the stock is owned by company insiders.
About Zebra Technologies
Zebra Technologies Corporation is a global technology company specializing in marking, tracking and computer printing solutions. The company produces a wide range of hardware and software products designed to enable real-time visibility of assets, inventory and personnel across diverse industries. Its offerings help businesses automate data capture and streamline operations in environments such as retail, healthcare, manufacturing, transportation and logistics.
The company’s product portfolio includes barcode and RFID printers, mobile computing devices, barcode scanners, RFID readers and related supplies such as labels and tags.
Read More
- Five stocks we like better than Zebra Technologies
- Apple and Broadcom Forge a Decade-Long Silicon Fortress
- SK Hynix’s Nasdaq Listing Could Reset the AI Memory Trade
- The AI Chip Sell-Off Looks Scary, But the Real Story May Be Liquidity
- Palantir’s CEO Just Called Out OpenAI and Anthropic
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 Corporation (NASDAQ:ZBRA – Free Report).
Receive News & Ratings for Zebra Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zebra Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
