Natixis Advisors LLC lessened its position in Zebra Technologies Corporation (NASDAQ:ZBRA – Free Report) by 23.9% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 19,351 shares of the industrial products company’s stock after selling 6,076 shares during the period. Natixis Advisors LLC’s holdings in Zebra Technologies were worth $4,699,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds also recently made changes to their positions in ZBRA. NewEdge Advisors LLC lifted its position in Zebra Technologies by 39.9% during the 1st quarter. NewEdge Advisors LLC now owns 1,318 shares of the industrial products company’s stock worth $372,000 after buying an additional 376 shares in the last quarter. Caxton Associates LLP acquired a new position in Zebra Technologies during the 1st quarter worth about $317,000. Empowered Funds LLC lifted its position in Zebra Technologies by 7.2% during the 1st quarter. Empowered Funds LLC now owns 1,441 shares of the industrial products company’s stock worth $407,000 after buying an additional 97 shares in the last quarter. Brown Advisory Inc. lifted its position in Zebra Technologies by 2.1% during the 2nd quarter. Brown Advisory Inc. now owns 1,787 shares of the industrial products company’s stock worth $551,000 after buying an additional 36 shares in the last quarter. Finally, Cresset Asset Management LLC lifted its position in Zebra Technologies by 19.4% during the 2nd quarter. Cresset Asset Management LLC now owns 2,504 shares of the industrial products company’s stock worth $772,000 after buying an additional 407 shares in the last quarter. Institutional investors and hedge funds own 91.03% of the company’s stock.
Zebra Technologies Stock Performance
Zebra Technologies stock opened at $233.04 on Tuesday. The company has a current ratio of 0.96, a quick ratio of 0.57 and a debt-to-equity ratio of 0.69. Zebra Technologies Corporation has a 1 year low of $199.05 and a 1 year high of $352.66. The company has a market cap of $11.10 billion, a PE ratio of 28.18 and a beta of 1.63. The company’s 50-day moving average is $232.12 and its two-hundred day moving average is $238.82.
Analyst Upgrades and Downgrades
Several research analysts recently issued reports on ZBRA shares. Barclays upped their price target on shares of Zebra Technologies from $330.00 to $345.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 13th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Zebra Technologies in a research report on Wednesday, May 20th. Needham & Company LLC reiterated a “buy” rating and set a $345.00 price target on shares of Zebra Technologies in a research report on Wednesday, May 13th. BNP Paribas Exane upped their price target on shares of Zebra Technologies from $365.00 to $370.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 13th. Finally, Truist Financial upped their price target on shares of Zebra Technologies from $256.00 to $267.00 and gave the stock a “hold” rating in a research report on Wednesday, May 13th. Eight analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $319.00.
Get Our Latest Analysis on Zebra Technologies
Insider Transactions at Zebra Technologies
In other news, insider Loizides Melissa Luff sold 500 shares of the company’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $253.95, for a total value of $126,975.00. Following the completion of the sale, the insider directly owned 3,702 shares of the company’s stock, valued at $940,122.90. This represents a 11.90% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Janice M. Roberts sold 3,000 shares of the company’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $249.54, for a total value of $748,620.00. Following the completion of the sale, the director directly owned 6,183 shares of the company’s stock, valued at approximately $1,542,905.82. This trade represents a 32.67% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 0.91% of the company’s stock.
About Zebra Technologies
Zebra Technologies Corporation is a global technology company specializing in marking, tracking and computer printing solutions. The company produces a wide range of hardware and software products designed to enable real-time visibility of assets, inventory and personnel across diverse industries. Its offerings help businesses automate data capture and streamline operations in environments such as retail, healthcare, manufacturing, transportation and logistics.
The company’s product portfolio includes barcode and RFID printers, mobile computing devices, barcode scanners, RFID readers and related supplies such as labels and tags.
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