Zebra Technologies (NASDAQ:ZBRA) SVP Bill Burns sold 2,297 shares of the stock in a transaction dated Thursday, March 14th. The shares were sold at an average price of $212.41, for a total value of $487,905.77. Following the transaction, the senior vice president now directly owns 33,536 shares in the company, valued at approximately $7,123,381.76. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Bill Burns also recently made the following trade(s):

  • On Friday, February 22nd, Bill Burns sold 4,392 shares of Zebra Technologies stock. The shares were sold at an average price of $205.35, for a total value of $901,897.20.

Shares of NASDAQ:ZBRA opened at $211.40 on Friday. Zebra Technologies has a twelve month low of $130.79 and a twelve month high of $216.78. The company has a market cap of $11.39 billion, a P/E ratio of 20.66 and a beta of 1.45. The company has a quick ratio of 0.49, a current ratio of 0.89 and a debt-to-equity ratio of 1.07.

Zebra Technologies (NASDAQ:ZBRA) last announced its earnings results on Thursday, February 14th. The industrial products company reported $3.10 earnings per share for the quarter, beating the consensus estimate of $2.84 by $0.26. Zebra Technologies had a return on equity of 48.26% and a net margin of 9.98%. The firm had revenue of $1.14 billion during the quarter, compared to the consensus estimate of $1.12 billion. During the same quarter in the prior year, the company earned $2.33 EPS. The firm’s revenue for the quarter was up 10.8% compared to the same quarter last year. On average, equities research analysts forecast that Zebra Technologies will post 11.73 earnings per share for the current fiscal year.

Large investors have recently made changes to their positions in the stock. PRW Wealth Management LLC bought a new stake in Zebra Technologies during the 4th quarter valued at approximately $29,000. Lindbrook Capital LLC bought a new stake in Zebra Technologies during the 4th quarter valued at approximately $35,000. Rehmann Capital Advisory Group lifted its position in shares of Zebra Technologies by 966.7% in the 3rd quarter. Rehmann Capital Advisory Group now owns 256 shares of the industrial products company’s stock worth $45,000 after acquiring an additional 232 shares during the period. Executive Wealth Management LLC bought a new stake in shares of Zebra Technologies in the 4th quarter worth approximately $43,000. Finally, FNY Investment Advisers LLC lifted its position in shares of Zebra Technologies by 398.2% in the 4th quarter. FNY Investment Advisers LLC now owns 279 shares of the industrial products company’s stock worth $44,000 after acquiring an additional 223 shares during the period. Hedge funds and other institutional investors own 86.68% of the company’s stock.

A number of brokerages have recently commented on ZBRA. Zacks Investment Research raised Zebra Technologies from a “hold” rating to a “strong-buy” rating and set a $230.00 price objective on the stock in a report on Saturday, February 23rd. ValuEngine raised Zebra Technologies from a “hold” rating to a “buy” rating in a report on Thursday, February 7th. Berenberg Bank began coverage on Zebra Technologies in a report on Thursday, March 7th. They set a “buy” rating and a $250.00 price objective on the stock. JPMorgan Chase & Co. raised Zebra Technologies to an “overweight” rating and increased their price objective for the company from $212.00 to $225.00 in a report on Friday. Finally, BidaskClub raised Zebra Technologies from a “buy” rating to a “strong-buy” rating in a report on Friday, February 8th. One analyst has rated the stock with a hold rating, seven have given a buy rating and two have given a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $215.00.

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About Zebra Technologies

With the unparalleled operational visibility Zebra provides, enterprises become as smart and connected as the world we live in. Real-time information – gleaned from visionary solutions including hardware, software and services – gives organizations the competitive edge they need to simplify operations, know more about their businesses and customers, and empower their mobile workers to succeed in today’s data-centric world.

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