Zebra Technologies Corporation $ZBRA Shares Purchased by Atlantic Union Bankshares Corp

Atlantic Union Bankshares Corp raised its stake in Zebra Technologies Corporation (NASDAQ:ZBRA) by 43,654.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,813 shares of the industrial products company’s stock after purchasing an additional 4,802 shares during the period. Atlantic Union Bankshares Corp’s holdings in Zebra Technologies were worth $1,430,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the stock. Trust Co. of Toledo NA OH purchased a new position in shares of Zebra Technologies in the 2nd quarter valued at $25,000. Blue Trust Inc. grew its holdings in shares of Zebra Technologies by 81.7% during the second quarter. Blue Trust Inc. now owns 109 shares of the industrial products company’s stock worth $34,000 after purchasing an additional 49 shares during the last quarter. CYBER HORNET ETFs LLC acquired a new stake in shares of Zebra Technologies during the second quarter worth about $39,000. Ameritas Advisory Services LLC purchased a new stake in shares of Zebra Technologies in the 2nd quarter valued at about $42,000. Finally, Eastern Bank boosted its position in shares of Zebra Technologies by 132.0% in the 3rd quarter. Eastern Bank now owns 174 shares of the industrial products company’s stock valued at $52,000 after purchasing an additional 99 shares during the period. Hedge funds and other institutional investors own 91.03% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have commented on ZBRA. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Zebra Technologies in a research report on Wednesday, January 21st. Barclays lifted their target price on shares of Zebra Technologies from $360.00 to $368.00 and gave the company an “overweight” rating in a report on Monday, January 12th. Zacks Research upgraded shares of Zebra Technologies from a “strong sell” rating to a “hold” rating in a research note on Monday, December 29th. Truist Financial dropped their price objective on shares of Zebra Technologies from $331.00 to $291.00 and set a “hold” rating on the stock in a research note on Thursday, December 18th. Finally, KeyCorp reiterated a “sector weight” rating on shares of Zebra Technologies in a research note on Thursday, October 30th. Five equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $350.00.

Zebra Technologies Stock Up 5.2%

Shares of NASDAQ:ZBRA opened at $245.25 on Thursday. Zebra Technologies Corporation has a fifty-two week low of $205.73 and a fifty-two week high of $390.88. The company has a quick ratio of 1.19, a current ratio of 1.61 and a debt-to-equity ratio of 0.56. The firm’s 50-day simple moving average is $251.66 and its 200-day simple moving average is $282.24. The company has a market cap of $12.42 billion, a price-to-earnings ratio of 24.72 and a beta of 1.69.

Insiders Place Their Bets

In other Zebra Technologies news, Director Satish Dhanasekaran bought 1,000 shares of the company’s stock in a transaction on Tuesday, November 18th. The shares were bought at an average price of $233.12 per share, for a total transaction of $233,120.00. Following the transaction, the director owned 3,356 shares of the company’s stock, valued at approximately $782,350.72. This trade represents a 42.44% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 0.84% 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.