Zebra Technologies Corp. (ZBRA) Stake Held by Tarbox Group Inc.
Tarbox Group Inc. maintained its position in shares of Zebra Technologies Corp. (NASDAQ:ZBRA) during the second quarter, Holdings Channel reports. The firm owned 2,250 shares of the company’s stock at the end of the second quarter. Tarbox Group Inc.’s holdings in Zebra Technologies Corp. were worth $113,000 at the end of the most recent quarter.
Other institutional investors have also made changes to their positions in the company. LS Investment Advisors LLC boosted its stake in shares of Zebra Technologies Corp. by 71.0% in the second quarter. LS Investment Advisors LLC now owns 3,160 shares of the company’s stock valued at $158,000 after buying an additional 1,312 shares during the period. LaSalle Street Capital Management LLC boosted its stake in shares of 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 valued at $226,000 after buying an additional 152 shares during the period. OMERS ADMINISTRATION Corp purchased a new stake in shares of Zebra Technologies Corp. during the first quarter valued at about $324,000. IBM Retirement Fund boosted its stake in shares of Zebra Technologies Corp. by 0.8% in the second quarter. IBM Retirement Fund now owns 5,236 shares of the company’s stock valued at $262,000 after buying an additional 43 shares during the period. Finally, Fox Run Management L.L.C. purchased a new stake in shares of Zebra Technologies Corp. during the second quarter valued at about $276,000.
Zebra Technologies Corp. (NASDAQ:ZBRA) traded up 0.37% on Friday, hitting $65.12. The stock had a trading volume of 206,850 shares. The stock’s market cap is $3.44 billion. The firm’s 50 day moving average price is $68.69 and its 200-day moving average price is $60.58. Zebra Technologies Corp. has a 12 month low of $46.13 and a 12 month high of $83.02.
Zebra Technologies Corp. (NASDAQ:ZBRA) last issued its quarterly 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. The firm had revenue of $879 million for the quarter, compared to analyst estimates of $869.19 million. Zebra Technologies Corp. had a negative net margin of 3.16% and a positive return on equity of 29.18%. Zebra Technologies Corp.’s quarterly revenue was down 1.2% compared to the same quarter last year. During the same period last year, the company posted $1.05 EPS. On average, analysts forecast that Zebra Technologies Corp. will post $5.46 EPS for the current year.
Several equities research analysts have recently issued reports on the company. Zacks Investment Research cut Zebra Technologies Corp. from a “strong-buy” rating to a “hold” rating in a report on Wednesday. Imperial Capital lifted their target price on Zebra Technologies Corp. from $65.00 to $75.00 and gave the stock an “outperform” rating in a report on Monday. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Zebra Technologies Corp. in a report on Tuesday, September 20th. Vetr cut Zebra Technologies Corp. from a “sell” rating to a “strong sell” rating and set a $59.55 target price on the stock. in a report on Monday, August 22nd. Finally, Barrington Research reaffirmed an “outperform” rating and issued a $75.00 target price on shares of Zebra Technologies Corp. in a report on Wednesday, August 10th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and five have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $76.17.
In related news, SVP Jim L. Kaput sold 5,000 shares of the firm’s stock in a transaction dated Thursday, August 11th. The shares were sold at an average price of $64.83, for a total value of $324,150.00. Following the transaction, the senior vice president now directly owns 30,103 shares of the company’s stock, valued at approximately $1,951,577.49. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Jim L. Kaput purchased 3,457 shares of the firm’s stock in a transaction that occurred on Thursday, September 8th. The stock was bought at an average cost of $68.22 per share, for a total transaction of $235,836.54. Following the completion of the purchase, the senior vice president now directly owns 25,103 shares in the company, valued at approximately $1,712,526.66. The disclosure for this purchase can be found here. 2.50% of the stock is currently owned by corporate insiders.
About Zebra Technologies Corp.
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.
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