Zebra Technologies Corporation (ZBRA) SVP Sells $2,200,978.44 in Stock

Zebra Technologies Corporation (NASDAQ:ZBRA) SVP Hugh K. Gagnier sold 20,682 shares of the firm’s stock in a transaction that occurred on Tuesday, August 15th. The stock was sold at an average price of $106.42, for a total value of $2,200,978.44. Following the transaction, the senior vice president now owns 39,072 shares of the company’s stock, valued at approximately $4,158,042.24. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Shares of Zebra Technologies Corporation (ZBRA) opened at 103.07 on Friday. Zebra Technologies Corporation has a 12-month low of $62.91 and a 12-month high of $109.30. The firm’s market capitalization is $5.47 billion. The company’s 50-day moving average price is $100.98 and its 200-day moving average price is $95.86.

Zebra Technologies Corporation (NASDAQ:ZBRA) last released its earnings results on Tuesday, August 8th. The industrial products company reported $1.51 earnings per share for the quarter, topping the consensus estimate of $1.34 by $0.17. Zebra Technologies Corporation had a positive return on equity of 38.88% and a negative net margin of 1.14%. The firm had revenue of $897 million during the quarter, compared to analysts’ expectations of $876.90 million. During the same period in the prior year, the company earned $1.34 earnings per share. The company’s quarterly revenue was up 2.0% on a year-over-year basis. Analysts anticipate that Zebra Technologies Corporation will post $6.64 EPS for the current year.

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A number of large investors have recently added to or reduced their stakes in ZBRA. CAPROCK Group Inc. boosted its stake in Zebra Technologies Corporation by 0.3% in the first quarter. CAPROCK Group Inc. now owns 3,906 shares of the industrial products company’s stock valued at $356,000 after buying an additional 10 shares during the last quarter. Advisor Group Inc. boosted its stake in Zebra Technologies Corporation by 0.8% in the second quarter. Advisor Group Inc. now owns 1,606 shares of the industrial products company’s stock valued at $161,000 after buying an additional 13 shares during the last quarter. Meadow Creek Investment Management LLC boosted its stake in Zebra Technologies Corporation by 3.8% in the first quarter. Meadow Creek Investment Management LLC now owns 1,312 shares of the industrial products company’s stock valued at $120,000 after buying an additional 48 shares during the last quarter. Neuburgh Advisers LLC boosted its stake in Zebra Technologies Corporation by 3.8% in the first quarter. Neuburgh Advisers LLC now owns 1,804 shares of the industrial products company’s stock valued at $165,000 after buying an additional 66 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in Zebra Technologies Corporation by 3.9% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,885 shares of the industrial products company’s stock valued at $189,000 after buying an additional 71 shares during the last quarter. Hedge funds and other institutional investors own 94.85% of the company’s stock.

Several research firms recently commented on ZBRA. Zacks Investment Research downgraded Zebra Technologies Corporation from a “buy” rating to a “hold” rating in a research report on Thursday, July 20th. ValuEngine upgraded Zebra Technologies Corporation from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. Barrington Research raised their target price on Zebra Technologies Corporation from $105.00 to $110.00 and gave the stock an “outperform” rating in a research report on Thursday, May 11th. Needham & Company LLC restated a “buy” rating and set a $107.00 target price on shares of Zebra Technologies Corporation in a research report on Monday, May 22nd. Finally, BidaskClub downgraded Zebra Technologies Corporation from a “buy” rating to a “hold” rating in a research report on Monday, July 24th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and five have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $98.07.

Zebra Technologies Corporation Company Profile

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.

Insider Buying and Selling by Quarter for Zebra Technologies Corporation (NASDAQ:ZBRA)

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