Values Added Financial LLC Purchases New Stake in Zebra Technologies Co. (NASDAQ:ZBRA)

Values Added Financial LLC purchased a new stake in Zebra Technologies Co. (NASDAQ:ZBRA) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 874 shares of the industrial products company’s stock, valued at approximately $239,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Zions Bancorporation N.A. increased its stake in shares of Zebra Technologies by 1,100.0% in the first quarter. Zions Bancorporation N.A. now owns 60 shares of the industrial products company’s stock valued at $25,000 after buying an additional 55 shares during the period. Clear Street Markets LLC boosted its holdings in Zebra Technologies by 92.5% in the first quarter. Clear Street Markets LLC now owns 102 shares of the industrial products company’s stock valued at $32,000 after acquiring an additional 49 shares during the last quarter. First Horizon Advisors Inc. boosted its holdings in Zebra Technologies by 60.2% in the third quarter. First Horizon Advisors Inc. now owns 149 shares of the industrial products company’s stock valued at $35,000 after acquiring an additional 56 shares during the last quarter. Benjamin Edwards Inc. boosted its holdings in Zebra Technologies by 130.2% in the second quarter. Benjamin Edwards Inc. now owns 122 shares of the industrial products company’s stock valued at $36,000 after acquiring an additional 69 shares during the last quarter. Finally, West Tower Group LLC bought a new position in shares of Zebra Technologies during the 2nd quarter worth approximately $37,000. Institutional investors and hedge funds own 91.03% of the company’s stock.

Zebra Technologies Stock Up 0.8 %

Shares of ZBRA opened at $301.44 on Friday. Zebra Technologies Co. has a 1 year low of $194.59 and a 1 year high of $320.55. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.05 and a quick ratio of 0.54. The stock has a 50 day simple moving average of $271.31 and a two-hundred day simple moving average of $247.29. The firm has a market cap of $15.49 billion, a P/E ratio of 52.79 and a beta of 1.78.

Zebra Technologies (NASDAQ:ZBRA) last announced its quarterly earnings data on Thursday, February 15th. The industrial products company reported $1.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.62 by $0.09. Zebra Technologies had a net margin of 6.46% and a return on equity of 15.30%. The company had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $1 billion. During the same quarter in the prior year, the company earned $4.43 EPS. The firm’s revenue was down 32.9% on a year-over-year basis. On average, analysts forecast that Zebra Technologies Co. will post 9.76 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on ZBRA shares. Truist Financial started coverage on Zebra Technologies in a report on Thursday, March 14th. They issued a “hold” rating and a $300.00 target price on the stock. StockNews.com lowered Zebra Technologies from a “hold” rating to a “sell” rating in a research report on Friday, February 16th. Three investment analysts have rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $270.67.

Insider Transactions at Zebra Technologies

In other Zebra Technologies news, CAO Colleen M. O’sullivan sold 135 shares of the company’s stock in a transaction on Friday, February 23rd. The shares were sold at an average price of $279.36, for a total value of $37,713.60. Following the completion of the transaction, the chief accounting officer now directly owns 5,543 shares in the company, valued at approximately $1,548,492.48. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 1.06% of the company’s stock.

Zebra Technologies Company Profile

Zebra Technologies Corporation, together with its subsidiaries, provides enterprise asset intelligence solutions in the automatic identification and data capture solutions industry worldwide. It operates in two segments, Asset Intelligence & Tracking, and Enterprise Visibility & Mobility. The company designs, manufactures, and sells printers that produce labels, wristbands, tickets, receipts, and plastic cards; dye-sublimination thermal card printers that produce images, which are used for personal identification, access control, and financial transactions; radio frequency identification device (RFID) printers that encode data into passive RFID transponders; accessories and options for printers, including carrying cases, vehicle mounts, and battery chargers; stock and customized thermal labels, receipts, ribbons, plastic cards, and RFID tags for printers; and temperature-monitoring labels primarily used in vaccine distribution.