Zebra Technologies Co. (NASDAQ:ZBRA) SVP Joachim Heel sold 3,000 shares of the company’s stock in a transaction dated Wednesday, November 25th. The stock was sold at an average price of $371.13, for a total transaction of $1,113,390.00. Following the completion of the transaction, the senior vice president now owns 33,071 shares in the company, valued at $12,273,640.23. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Joachim Heel also recently made the following trade(s):
- On Monday, November 9th, Joachim Heel sold 3,000 shares of Zebra Technologies stock. The shares were sold at an average price of $361.10, for a total transaction of $1,083,300.00.
- On Monday, November 9th, Joachim Heel sold 3,000 shares of Zebra Technologies stock. The stock was sold at an average price of $361.10, for a total transaction of $1,083,300.00.
NASDAQ:ZBRA traded down $3.05 during midday trading on Monday, reaching $373.95. 2,424 shares of the stock traded hands, compared to its average volume of 414,119. The stock has a market capitalization of $20.10 billion, a PE ratio of 41.47 and a beta of 1.54. Zebra Technologies Co. has a 12-month low of $150.06 and a 12-month high of $381.20. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.42 and a current ratio of 0.79. The business has a 50-day moving average of $318.85 and a two-hundred day moving average of $277.01.
Zebra Technologies (NASDAQ:ZBRA) last issued its quarterly earnings results on Sunday, November 8th. The industrial products company reported $3.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.81 by $0.46. The business had revenue of $1.13 billion for the quarter, compared to the consensus estimate of $1.07 billion. Zebra Technologies had a return on equity of 34.83% and a net margin of 11.41%. The business’s quarterly revenue was up .2% on a year-over-year basis. During the same period in the prior year, the firm posted $3.43 earnings per share. Research analysts anticipate that Zebra Technologies Co. will post 10.36 earnings per share for the current year.
Several analysts have recently weighed in on ZBRA shares. Stephens initiated coverage on shares of Zebra Technologies in a research note on Friday, October 16th. They set an “overweight” rating and a $375.00 price target for the company. BidaskClub raised Zebra Technologies from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, October 21st. JPMorgan Chase & Co. increased their price target on Zebra Technologies from $280.00 to $296.00 and gave the stock a “neutral” rating in a research report on Thursday, October 15th. They noted that the move was a valuation call. Morgan Stanley lifted their price objective on Zebra Technologies from $240.00 to $250.00 and gave the company an “equal weight” rating in a report on Wednesday, November 4th. Finally, Wolfe Research began coverage on shares of Zebra Technologies in a research report on Tuesday, August 25th. They set an “outperform” rating and a $309.00 target price on the stock. Four research analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of $289.33.
A number of large investors have recently made changes to their positions in the stock. Paces Ferry Wealth Advisors LLC acquired a new stake in shares of Zebra Technologies in the 3rd quarter valued at about $31,000. Signaturefd LLC lifted its stake in shares of Zebra Technologies by 48.3% during the second quarter. Signaturefd LLC now owns 129 shares of the industrial products company’s stock valued at $33,000 after acquiring an additional 42 shares during the period. CX Institutional boosted its holdings in Zebra Technologies by 329.0% in the third quarter. CX Institutional now owns 133 shares of the industrial products company’s stock valued at $34,000 after acquiring an additional 102 shares during the last quarter. Braun Bostich & Associates Inc. acquired a new stake in Zebra Technologies in the third quarter worth about $49,000. Finally, Northwest Investment Counselors LLC acquired a new position in Zebra Technologies during the 3rd quarter valued at about $50,000. 86.36% of the stock is currently owned by institutional investors.
About Zebra Technologies
Zebra Technologies Corporation, together with its subsidiaries, provides enterprise asset intelligence solutions in the automatic identification and data capture solutions industry worldwide. The company operates in two segments, Asset Intelligence & Tracking and Enterprise Visibility & Mobility.
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