North Point Portfolio Managers Corp OH lessened its holdings in Zebra Technologies Corporation (NASDAQ:ZBRA – Free Report) by 8.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 27,550 shares of the industrial products company’s stock after selling 2,475 shares during the quarter. North Point Portfolio Managers Corp OH owned 0.06% of Zebra Technologies worth $5,760,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. SG Americas Securities LLC lifted its holdings in Zebra Technologies by 399.5% in the fourth quarter. SG Americas Securities LLC now owns 64,907 shares of the industrial products company’s stock valued at $15,761,000 after acquiring an additional 51,913 shares during the period. Exchange Traded Concepts LLC grew its stake in shares of Zebra Technologies by 27.7% during the 4th quarter. Exchange Traded Concepts LLC now owns 65,575 shares of the industrial products company’s stock worth $15,923,000 after purchasing an additional 14,207 shares during the period. Moore Capital Management LP acquired a new position in shares of Zebra Technologies during the 3rd quarter worth $16,142,000. Swiss Life Asset Management Ltd increased its holdings in shares of Zebra Technologies by 424.0% in the 3rd quarter. Swiss Life Asset Management Ltd now owns 22,490 shares of the industrial products company’s stock valued at $6,683,000 after purchasing an additional 18,198 shares in the last quarter. Finally, Hudson Bay Capital Management LP purchased a new position in shares of Zebra Technologies in the 3rd quarter valued at about $1,834,000. Institutional investors and hedge funds own 91.03% of the company’s stock.
Zebra Technologies Stock Performance
Shares of ZBRA opened at $263.26 on Wednesday. Zebra Technologies Corporation has a 12-month low of $199.05 and a 12-month high of $352.66. The stock has a market cap of $12.54 billion, a P/E ratio of 31.83 and a beta of 1.63. The company has a current ratio of 0.96, a quick ratio of 0.57 and a debt-to-equity ratio of 0.69. The company has a 50-day moving average of $239.43 and a two-hundred day moving average of $237.35.
Analyst Ratings Changes
A number of research analysts have issued reports on the stock. Robert W. Baird increased their target price on shares of Zebra Technologies from $300.00 to $310.00 and gave the company an “outperform” rating in a report on Wednesday, May 13th. Citigroup boosted their price target on Zebra Technologies from $274.00 to $284.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 13th. Northcoast Research lowered their price target on Zebra Technologies from $364.00 to $344.00 and set a “buy” rating on the stock in a report on Monday, April 27th. BNP Paribas Exane raised their price objective on Zebra Technologies from $365.00 to $370.00 and gave the company an “outperform” rating in a research note on Wednesday, May 13th. Finally, KeyCorp raised Zebra Technologies from a “sector weight” rating to an “overweight” rating and set a $305.00 price objective for the company in a report on Wednesday, May 13th. Eight analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $319.09.
Check Out Our Latest Research Report on Zebra Technologies
Insiders Place Their Bets
In related news, insider Loizides Melissa Luff sold 500 shares of the business’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $253.95, for a total value of $126,975.00. Following the completion of the transaction, the insider owned 3,702 shares of the company’s stock, valued at approximately $940,122.90. The trade was a 11.90% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed 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 transaction of $748,620.00. Following the completion of the transaction, the director owned 6,183 shares in the company, valued at approximately $1,542,905.82. This trade represents a 32.67% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 0.91% of the company’s stock.
Zebra Technologies Profile
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.
Featured Articles
- Five stocks we like better than Zebra Technologies
- NextEra’s Dominion Deal Could Put It at the Center of the AI Power Race
- Amazon Could Be About to Reap the Rewards of a Software Spending Boom
- Best Buy’s Turnaround Is Gaining Traction, But Wall Street Still Needs Proof
- AI Fears Hit Nebius Stock, But Has the Growth Thesis Changed?
Want to see what other hedge funds are holding ZBRA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Zebra Technologies Corporation (NASDAQ:ZBRA – Free Report).
Receive News & Ratings for Zebra Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zebra Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
