VELA Investment Management LLC Purchases 20,787 Shares of Zebra Technologies Corporation $ZBRA

VELA Investment Management LLC increased its position in Zebra Technologies Corporation (NASDAQ:ZBRA) by 1,465.9% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 22,205 shares of the industrial products company’s stock after acquiring an additional 20,787 shares during the period. Zebra Technologies comprises approximately 1.2% of VELA Investment Management LLC’s holdings, making the stock its 17th largest position. VELA Investment Management LLC’s holdings in Zebra Technologies were worth $5,846,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in ZBRA. Johnson Financial Group Inc. lifted its holdings in shares of Zebra Technologies by 330.3% during the fourth quarter. Johnson Financial Group Inc. now owns 142 shares of the industrial products company’s stock valued at $34,000 after purchasing an additional 109 shares in the last quarter. SBI Securities Co. Ltd. increased its holdings in Zebra Technologies by 164.8% in the 4th quarter. SBI Securities Co. Ltd. now owns 143 shares of the industrial products company’s stock worth $35,000 after buying an additional 89 shares in the last quarter. CYBER HORNET ETFs LLC purchased a new position in Zebra Technologies in the 2nd quarter worth about $39,000. Intesa Sanpaolo Wealth Management bought a new position in Zebra Technologies during the 4th quarter valued at about $73,000. Finally, UMB Bank n.a. lifted its stake in Zebra Technologies by 33.0% during the 4th quarter. UMB Bank n.a. now owns 306 shares of the industrial products company’s stock valued at $74,000 after acquiring an additional 76 shares during the period. 91.03% of the stock is currently owned by hedge funds and other institutional investors.

Zebra Technologies Price Performance

ZBRA opened at $362.74 on Monday. The firm’s 50 day simple moving average is $315.15 and its two-hundred day simple moving average is $259.81. The company has a market capitalization of $17.28 billion, a PE ratio of 33.19 and a beta of 1.60. Zebra Technologies Corporation has a 1-year low of $199.05 and a 1-year high of $386.23. The company has a current ratio of 0.52, a quick ratio of 0.33 and a debt-to-equity ratio of 0.14.

Zebra Technologies (NASDAQ:ZBRA) last issued its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $6.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.36 by $1.99. Zebra Technologies had a net margin of 9.22% and a return on equity of 22.29%. The firm had revenue of $1.56 billion during the quarter, compared to the consensus estimate of $1.50 billion. During the same quarter in the previous year, the firm posted $3.61 EPS. The company’s revenue for the quarter was up 20.4% compared to the same quarter last year. 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. As a group, equities analysts forecast that Zebra Technologies Corporation will post 17.22 EPS for the current year.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on ZBRA. KeyCorp boosted their price objective on shares of Zebra Technologies from $305.00 to $430.00 and gave the company an “overweight” rating in a report on Wednesday, August 5th. Truist Financial lifted their target price on shares of Zebra Technologies from $296.00 to $355.00 and gave the stock a “hold” rating in a research report on Wednesday, August 5th. Barclays boosted their target price 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. Wall Street Zen raised Zebra Technologies from a “hold” rating to a “buy” rating in a report on Sunday, June 28th. Finally, UBS Group restated a “buy” rating on shares of Zebra Technologies in a research note on Wednesday, August 5th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $381.00.

Insider Activity

In other news, Director Linda Connly sold 500 shares of the firm’s stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $377.68, for a total value of $188,840.00. Following the transaction, the director owned 3,708 shares of the company’s stock, valued at $1,400,437.44. This trade represents a 11.88% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Michael Cho sold 3,500 shares of the business’s stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $375.20, for a total value of $1,313,200.00. Following the transaction, the insider owned 5,170 shares of the company’s stock, valued at approximately $1,939,784. This trade represents a 40.37% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 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.