Zebra Technologies Corporation (NASDAQ:ZBRA) Shares Sold by American Capital Management Inc.

American Capital Management Inc. decreased its stake in shares of Zebra Technologies Corporation (NASDAQ:ZBRA) by 1.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 274,980 shares of the industrial products company’s stock after selling 4,150 shares during the period. Zebra Technologies Corporation makes up 1.8% of American Capital Management Inc.’s portfolio, making the stock its 26th largest position. American Capital Management Inc. owned 0.52% of Zebra Technologies Corporation worth $27,641,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently made changes to their positions in ZBRA. Meadow Creek Investment Management LLC increased its stake in shares of 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 period. Quantbot Technologies LP purchased a new stake in shares of Zebra Technologies Corporation during the first quarter valued at approximately $140,000. Neuburgh Advisers LLC increased its stake in shares of 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 period. James Investment Research Inc. purchased a new stake in shares of Zebra Technologies Corporation during the first quarter valued at approximately $183,000. Finally, Acrospire Investment Management LLC increased its stake in shares of Zebra Technologies Corporation by 119.0% in the first quarter. Acrospire Investment Management LLC now owns 2,208 shares of the industrial products company’s stock valued at $201,000 after buying an additional 1,200 shares during the period. 94.85% of the stock is currently owned by institutional investors.

Zebra Technologies Corporation (NASDAQ:ZBRA) opened at 102.92 on Friday. The company’s market cap is $5.47 billion. The stock has a 50 day moving average of $101.06 and a 200 day moving average of $95.99. Zebra Technologies Corporation has a 52 week low of $62.91 and a 52 week high of $109.30.

Zebra Technologies Corporation (NASDAQ:ZBRA) last issued its earnings results on Tuesday, August 8th. The industrial products company reported $1.51 EPS for the quarter, beating the Zacks’ 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 for the quarter, compared to analyst estimates of $876.90 million. During the same quarter in the prior year, the firm earned $1.34 earnings per share. Zebra Technologies Corporation’s revenue for the quarter was up 2.0% on a year-over-year basis. Equities research analysts predict that Zebra Technologies Corporation will post $6.67 EPS for the current fiscal year.

COPYRIGHT VIOLATION NOTICE: “Zebra Technologies Corporation (NASDAQ:ZBRA) Shares Sold by American Capital Management Inc.” was published by Community Financial News and is the sole property of of Community Financial News. If you are accessing this piece of content on another publication, it was stolen and reposted in violation of United States and international trademark & copyright laws. The correct version of this piece of content can be read at https://www.com-unik.info/2017/08/19/zebra-technologies-corporation-nasdaqzbra-stake-decreased-by-american-capital-management-inc-updated-updated.html.

ZBRA has been the topic of several recent analyst reports. Zacks Investment Research raised shares of Zebra Technologies Corporation from a “hold” rating to a “buy” rating and set a $118.00 price objective on the stock in a research report on Wednesday, June 28th. Needham & Company LLC restated a “buy” rating and set a $107.00 target price on shares of Zebra Technologies Corporation in a research note on Monday, May 22nd. ValuEngine upgraded shares of Zebra Technologies Corporation from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd. BidaskClub cut shares of Zebra Technologies Corporation from a “strong-buy” rating to a “buy” rating in a research note on Thursday, June 29th. Finally, Morgan Stanley cut shares of Zebra Technologies Corporation from an “overweight” rating to an “equal weight” rating and upped their target price for the company from $95.00 to $100.00 in a research note on Wednesday, May 31st. They noted that the move was a valuation call. One research analyst has rated the stock with a sell rating, six have issued a hold rating and five have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $98.07.

In other Zebra Technologies Corporation news, SVP Hugh K. Gagnier sold 20,682 shares of the business’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 completion of the transaction, the senior vice president now directly owns 39,072 shares of the company’s stock, valued at $4,158,042.24. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Michael H. Terzich sold 1,789 shares of the business’s stock in a transaction that occurred on Thursday, May 25th. The shares were sold at an average price of $106.89, for a total value of $191,226.21. Following the completion of the transaction, the senior vice president now directly owns 33,445 shares of the company’s stock, valued at $3,574,936.05. The disclosure for this sale can be found here. Insiders sold 55,175 shares of company stock valued at $5,864,190 over the last three months. 2.50% of the stock is currently owned by corporate insiders.

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.

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

What are top analysts saying about Zebra Technologies Corporation? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Zebra Technologies Corporation and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit