Bill Burns Sells 2,297 Shares of Zebra Technologies (ZBRA) Stock
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.
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.
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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