Zebra Technologies (NASDAQ:ZBRA) CFO Olivier Leonetti sold 3,500 shares of the business’s stock in a transaction that occurred on Monday, June 10th. The shares were sold at an average price of $195.00, for a total transaction of $682,500.00. Following the completion of the transaction, the chief financial officer now directly owns 22,387 shares of the company’s stock, valued at approximately $4,365,465. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

ZBRA stock traded down $1.06 on Thursday, hitting $192.57. 8,427 shares of the company were exchanged, compared to its average volume of 867,105. Zebra Technologies has a twelve month low of $136.16 and a twelve month high of $237.15. The company has a debt-to-equity ratio of 1.09, a quick ratio of 0.55 and a current ratio of 1.00. The firm has a market capitalization of $10.37 billion, a price-to-earnings ratio of 18.83 and a beta of 1.53.

Zebra Technologies (NASDAQ:ZBRA) last issued its quarterly earnings results on Tuesday, April 30th. The industrial products company reported $2.92 EPS for the quarter, topping the consensus estimate of $2.88 by $0.04. Zebra Technologies had a net margin of 9.91% and a return on equity of 45.47%. The firm had revenue of $1.07 billion during the quarter, compared to analyst estimates of $1.05 billion. During the same quarter in the prior year, the business posted $2.56 earnings per share. Zebra Technologies’s revenue for the quarter was up 9.1% compared to the same quarter last year. As a group, equities analysts forecast that Zebra Technologies will post 11.82 EPS for the current fiscal year.

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Trust Co. of Vermont grew its stake in Zebra Technologies by 125.0% during the first quarter. Trust Co. of Vermont now owns 135 shares of the industrial products company’s stock worth $28,000 after buying an additional 75 shares during the period. PRW Wealth Management LLC purchased a new stake in Zebra Technologies during the fourth quarter worth approximately $29,000. Lindbrook Capital LLC purchased a new stake in Zebra Technologies during the fourth quarter worth approximately $35,000. Huntington National Bank grew its stake in Zebra Technologies by 62.9% during the first quarter. Huntington National Bank now owns 202 shares of the industrial products company’s stock worth $42,000 after buying an additional 78 shares during the period. Finally, Trustcore Financial Services LLC purchased a new stake in Zebra Technologies during the first quarter worth approximately $42,000. Institutional investors own 87.33% of the company’s stock.

A number of equities analysts have recently weighed in on ZBRA shares. ValuEngine lowered shares of Zebra Technologies from a “buy” rating to a “hold” rating in a research report on Monday, May 13th. Needham & Company LLC reaffirmed a “buy” rating and set a $215.00 price target (up previously from $192.00) on shares of Zebra Technologies in a research report on Friday, February 15th. They noted that the move was a valuation call. Zacks Investment Research lowered shares of Zebra Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, May 18th. Berenberg Bank started coverage on shares of Zebra Technologies in a research report on Thursday, March 7th. They set a “buy” rating and a $250.00 price target for the company. Finally, JPMorgan Chase & Co. raised shares of Zebra Technologies to an “overweight” rating and upped their price target for the stock from $212.00 to $225.00 in a research report on Friday, March 15th. Three analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Zebra Technologies has an average rating of “Buy” and a consensus price target of $211.63.

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Zebra Technologies Company Profile

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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Insider Buying and Selling by Quarter for Zebra Technologies (NASDAQ:ZBRA)

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