Zebra Technologies Corp. (NASDAQ:ZBRA) SVP Michael Cho sold 1,850 shares of Zebra Technologies Corp. stock in a transaction that occurred on Tuesday, September 20th. The shares were sold at an average price of $68.56, for a total transaction of $126,836.00. Following the completion of the sale, the senior vice president now owns 11,004 shares of the company’s stock, valued at $754,434.24. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Zebra Technologies Corp. (NASDAQ:ZBRA) opened at 71.06 on Friday. The firm’s market capitalization is $3.75 billion. The stock’s 50 day moving average is $67.28 and its 200 day moving average is $60.31. Zebra Technologies Corp. has a one year low of $46.13 and a one year high of $83.02.

Zebra Technologies Corp. (NASDAQ:ZBRA) last released its earnings results on Tuesday, August 9th. The company reported $1.34 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.06 by $0.28. Zebra Technologies Corp. had a negative net margin of 3.16% and a positive return on equity of 29.18%. The firm earned $879 million during the quarter, compared to the consensus estimate of $869.19 million. During the same period in the prior year, the firm earned $1.05 EPS. The company’s revenue was down 1.2% compared to the same quarter last year. On average, equities research analysts predict that Zebra Technologies Corp. will post $5.46 earnings per share for the current fiscal year.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. LS Investment Advisors LLC increased its position in Zebra Technologies Corp. by 71.0% in the second quarter. LS Investment Advisors LLC now owns 3,160 shares of the company’s stock worth $158,000 after buying an additional 1,312 shares in the last quarter. Pacer Advisors Inc. bought a new position in Zebra Technologies Corp. during the second quarter worth $160,000. Cambridge Investment Research Advisors Inc. increased its position in Zebra Technologies Corp. by 0.7% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 4,034 shares of the company’s stock worth $202,000 after buying an additional 30 shares in the last quarter. King Luther Capital Management Corp bought a new position in Zebra Technologies Corp. during the second quarter worth $225,000. Finally, LaSalle Street Capital Management LLC increased its position in Zebra Technologies Corp. by 3.5% in the second quarter. LaSalle Street Capital Management LLC now owns 4,507 shares of the company’s stock worth $226,000 after buying an additional 152 shares in the last quarter.

A number of equities research analysts have recently weighed in on the stock. Zacks Investment Research upgraded shares of Zebra Technologies Corp. from a “strong sell” rating to a “hold” rating in a research report on Wednesday, July 13th. Vetr upgraded shares of Zebra Technologies Corp. from a “sell” rating to a “hold” rating and set a $58.03 price target for the company in a research report on Wednesday, August 3rd. JPMorgan Chase & Co. reiterated a “buy” rating on shares of Zebra Technologies Corp. in a research report on Tuesday. Barrington Research reiterated an “outperform” rating and issued a $75.00 price target on shares of Zebra Technologies Corp. in a research report on Wednesday, August 10th. Finally, Wellington Shields upgraded shares of Zebra Technologies Corp. from a “hold” rating to a “gradually accumulate” rating in a research report on Tuesday, August 9th. One research analyst has rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $75.06.

Zebra Technologies Corp. Company Profile

Zebra Technologies Corporation offers enterprise asset intelligence products and services. The Company’s products and services allow customers to manage their assets, transactions and people of their organization. It designs, manufactures and sells a range of products, including enterprise mobile computers; advanced data capture devices; wireless local area network (WLAN) products; real-time location systems; related supplies, and utilities, frameworks and application software.

5 Day Chart for NASDAQ:ZBRA

Receive News & Ratings for Zebra Technologies Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zebra Technologies Corp. and related companies with MarketBeat.com's FREE daily email newsletter.