Zebra Technologies (NASDAQ:ZBRA) Director Linda Connly Sells 500 Shares

Zebra Technologies Corporation (NASDAQ:ZBRAGet Free Report) Director Linda Connly sold 500 shares of the firm’s stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $377.68, for a total transaction of $188,840.00. Following the completion of the sale, the director owned 3,708 shares of the company’s stock, valued at approximately $1,400,437.44. The trade was a 11.88% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Zebra Technologies Stock Performance

NASDAQ ZBRA opened at $383.06 on Wednesday. The company has a current ratio of 0.52, a quick ratio of 0.33 and a debt-to-equity ratio of 0.14. The business’s 50 day moving average is $270.05 and its two-hundred day moving average is $245.28. Zebra Technologies Corporation has a 12-month low of $199.05 and a 12-month high of $385.11. The stock has a market capitalization of $18.25 billion, a price-to-earnings ratio of 35.05 and a beta of 1.59.

Zebra Technologies (NASDAQ:ZBRAGet Free Report) last issued its earnings results on Tuesday, August 4th. The industrial products company reported $6.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.36 by $1.99. The business had revenue of $1.56 billion during the quarter, compared to the consensus estimate of $1.50 billion. Zebra Technologies had a return on equity of 22.29% and a net margin of 9.22%.The company’s revenue for the quarter was up 20.4% on a year-over-year basis. During the same period in the prior year, the business posted $3.61 EPS. Zebra Technologies has set its Q3 2026 guidance at 4.700-4.900 EPS and its FY 2026 guidance at 20.750-21.250 EPS. Research analysts expect that Zebra Technologies Corporation will post 16.07 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the stock. Wall Street Zen upgraded shares of Zebra Technologies from a “hold” rating to a “buy” rating in a report on Sunday, June 28th. Barclays increased their price objective on shares of Zebra Technologies from $346.00 to $410.00 and gave the company an “overweight” rating in a research note on Wednesday, August 5th. UBS Group restated a “buy” rating on shares of Zebra Technologies in a research report on Wednesday, August 5th. Truist Financial upped their price target on shares of Zebra Technologies from $296.00 to $355.00 and gave the company a “hold” rating in a report on Wednesday, August 5th. Finally, TD Cowen boosted their price target on Zebra Technologies from $400.00 to $450.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Nine investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Zebra Technologies presently has a consensus rating of “Moderate Buy” and a consensus target price of $381.00.

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Hedge Funds Weigh In On Zebra Technologies

Several institutional investors and hedge funds have recently made changes to their positions in the business. NewEdge Advisors LLC lifted its holdings in Zebra Technologies by 39.9% in the first quarter. NewEdge Advisors LLC now owns 1,318 shares of the industrial products company’s stock worth $372,000 after acquiring an additional 376 shares during the last quarter. Caxton Associates LLP acquired a new position in Zebra Technologies during the 1st quarter worth $317,000. Empowered Funds LLC grew its stake in shares of Zebra Technologies by 7.2% in the first quarter. Empowered Funds LLC now owns 1,441 shares of the industrial products company’s stock worth $407,000 after purchasing an additional 97 shares in the last quarter. Brown Advisory Inc. raised its stake in shares of Zebra Technologies by 2.1% during the second quarter. Brown Advisory Inc. now owns 1,787 shares of the industrial products company’s stock valued at $551,000 after purchasing an additional 36 shares in the last quarter. Finally, Cresset Asset Management LLC lifted its holdings in Zebra Technologies by 19.4% in the second quarter. Cresset Asset Management LLC now owns 2,504 shares of the industrial products company’s stock worth $772,000 after purchasing an additional 407 shares during the period. 91.03% of the stock is currently owned by hedge funds and other institutional investors.

About Zebra Technologies

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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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