Retirement Systems of Alabama decreased its position in Zebra Technologies Corporation (NASDAQ:ZBRA) by 0.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 68,021 shares of the industrial products company’s stock after selling 244 shares during the period. Retirement Systems of Alabama’s holdings in Zebra Technologies Corporation were worth $6,837,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the company. Meadow Creek Investment Management LLC increased its stake in shares of Zebra Technologies Corporation by 3.8% in the first quarter. Meadow Creek Investment Management LLC now owns 1,312 shares of the industrial products company’s stock worth $120,000 after buying an additional 48 shares during the last quarter. Quantbot Technologies LP purchased a new stake in shares of Zebra Technologies Corporation during the first quarter worth about $140,000. Neuburgh Advisers LLC increased its stake in shares of Zebra Technologies Corporation by 3.8% in the first quarter. Neuburgh Advisers LLC now owns 1,804 shares of the industrial products company’s stock worth $165,000 after buying an additional 66 shares during the last quarter. James Investment Research Inc. purchased a new stake in shares of Zebra Technologies Corporation during the first quarter worth about $183,000. Finally, Acrospire Investment Management LLC increased its stake in shares of Zebra Technologies Corporation by 119.0% in the first quarter. Acrospire Investment Management LLC now owns 2,208 shares of the industrial products company’s stock worth $201,000 after buying an additional 1,200 shares during the last quarter. Hedge funds and other institutional investors own 94.85% of the company’s stock.

Shares of Zebra Technologies Corporation (NASDAQ ZBRA) opened at 106.10 on Wednesday. The firm’s market capitalization is $5.63 billion. Zebra Technologies Corporation has a 1-year low of $62.91 and a 1-year high of $109.30. The stock has a 50 day moving average of $100.81 and a 200-day moving average of $95.73.

Zebra Technologies Corporation (NASDAQ:ZBRA) last posted its quarterly earnings data on Tuesday, August 8th. The industrial products company reported $1.51 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.34 by $0.17. The company had revenue of $897 million for the quarter, compared to analysts’ expectations of $876.90 million. Zebra Technologies Corporation had a negative net margin of 1.14% and a positive return on equity of 38.88%. Zebra Technologies Corporation’s revenue for the quarter was up 2.0% compared to the same quarter last year. During the same period in the prior year, the business earned $1.34 earnings per share. On average, equities analysts expect that Zebra Technologies Corporation will post $6.63 earnings per share for the current year.

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ZBRA has been the topic of a number of research analyst reports. Zacks Investment Research downgraded shares of Zebra Technologies Corporation from a “buy” rating to a “hold” rating in a research note on Thursday, July 20th. ValuEngine upgraded shares of Zebra Technologies Corporation from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd. Barrington Research raised their price target on shares of Zebra Technologies Corporation from $105.00 to $110.00 and gave the company an “outperform” rating in a research note on Thursday, May 11th. Needham & Company LLC restated a “buy” rating and issued a $107.00 price target on shares of Zebra Technologies Corporation in a research note on Monday, May 22nd. Finally, BidaskClub downgraded shares of Zebra Technologies Corporation from a “buy” rating to a “hold” rating in a research note on Monday, July 24th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and five have issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $98.07.

In other Zebra Technologies Corporation news, Director Richard L. Keyser sold 6,132 shares of the company’s stock in a transaction that occurred on Thursday, May 25th. The stock was sold at an average price of $106.26, for a total value of $651,586.32. Following the completion of the sale, the director now owns 23,632 shares of the company’s stock, valued at $2,511,136.32. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Michael H. Terzich sold 1,789 shares of the company’s stock in a transaction that occurred on Thursday, May 25th. The stock was sold at an average price of $106.89, for a total value of $191,226.21. Following the completion of the sale, the senior vice president now directly owns 33,445 shares of the company’s stock, valued at approximately $3,574,936.05. The disclosure for this sale can be found here. In the last ninety days, insiders sold 9,493 shares of company stock valued at $1,012,211. 2.50% of the stock is owned by insiders.

About Zebra Technologies Corporation

Zebra Technologies Corporation designs, manufactures and sells a range of automatic identification and data capture (AIDC) products. The Company’s AIDC products include mobile computers, barcode scanners, radio frequency identification (RFID) readers, wireless local area network (WLAN) products, specialty printers for barcode labeling and personal identification, real-time location systems (RTLS), related accessories and supplies, such as self-adhesive labels and other consumables, and utilities and application software.

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Institutional Ownership by Quarter for Zebra Technologies Corporation (NASDAQ:ZBRA)

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