Insider Buying: Zebra Technologies (NASDAQ:ZBRA) Director Buys 1,000 Shares of Stock

Zebra Technologies Corporation (NASDAQ:ZBRA) Director Satish Dhanasekaran bought 1,000 shares of the company’s stock in a transaction on Tuesday, November 18th. The stock was bought at an average price of $233.12 per share, for a total transaction of $233,120.00. Following the completion of the purchase, the director directly owned 3,356 shares in the company, valued at approximately $782,350.72. This represents a 42.44% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website.

Zebra Technologies Trading Down 1.1%

Shares of Zebra Technologies stock traded down $2.53 on Thursday, hitting $228.40. 1,010,899 shares of the company traded hands, compared to its average volume of 603,639. Zebra Technologies Corporation has a 52 week low of $205.73 and a 52 week high of $427.76. The company has a current ratio of 1.61, a quick ratio of 1.03 and a debt-to-equity ratio of 0.56. The stock’s 50 day moving average price is $287.35 and its 200-day moving average price is $300.68. The company has a market cap of $11.57 billion, a PE ratio of 23.02 and a beta of 1.80.

Zebra Technologies (NASDAQ:ZBRA) last issued its quarterly earnings data on Tuesday, October 28th. The industrial products company reported $3.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.75 by $0.13. The company had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.32 billion. Zebra Technologies had a net margin of 9.74% and a return on equity of 18.08%. Zebra Technologies’s revenue was up 5.2% compared to the same quarter last year. During the same period last year, the company posted $3.49 earnings per share. Zebra Technologies has set its Q4 2025 guidance at 4.200-4.400 EPS. FY 2025 guidance at 15.800-15.800 EPS. Equities research analysts predict that Zebra Technologies Corporation will post 13.71 EPS for the current year.

Zebra Technologies announced that its board has authorized a stock buyback plan on Tuesday, August 5th that permits the company to buyback $250.00 million in outstanding shares. This buyback authorization permits the industrial products company to reacquire up to 1.4% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s board believes its shares are undervalued.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on ZBRA shares. Needham & Company LLC lifted their price target on Zebra Technologies from $325.00 to $345.00 and gave the company a “buy” rating in a research report on Wednesday, August 6th. Barclays decreased their target price on Zebra Technologies from $375.00 to $360.00 and set an “overweight” rating on the stock in a research report on Wednesday, October 29th. Truist Financial dropped their price objective on shares of Zebra Technologies from $350.00 to $331.00 and set a “hold” rating for the company in a research note on Wednesday, October 29th. KeyCorp reiterated a “sector weight” rating on shares of Zebra Technologies in a report on Thursday, October 30th. Finally, Zacks Research cut Zebra Technologies from a “hold” rating to a “strong sell” rating in a research note on Tuesday, November 11th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $354.00.

Institutional Investors Weigh In On Zebra Technologies

Several hedge funds have recently made changes to their positions in ZBRA. Captrust Financial Advisors boosted its holdings in shares of Zebra Technologies by 8.1% in the third quarter. Captrust Financial Advisors now owns 6,412 shares of the industrial products company’s stock valued at $1,905,000 after acquiring an additional 483 shares in the last quarter. Coldstream Capital Management Inc. increased its holdings in Zebra Technologies by 15.9% during the 3rd quarter. Coldstream Capital Management Inc. now owns 2,163 shares of the industrial products company’s stock valued at $643,000 after acquiring an additional 296 shares in the last quarter. Danske Bank A S acquired a new position in shares of Zebra Technologies during the 3rd quarter worth approximately $6,447,000. Caitong International Asset Management Co. Ltd raised its holdings in shares of Zebra Technologies by 42,000.0% in the third quarter. Caitong International Asset Management Co. Ltd now owns 421 shares of the industrial products company’s stock worth $125,000 after acquiring an additional 420 shares during the last quarter. Finally, NewEdge Advisors LLC lifted its position in shares of Zebra Technologies by 13.5% in the third quarter. NewEdge Advisors LLC now owns 1,291 shares of the industrial products company’s stock valued at $384,000 after acquiring an additional 154 shares in the last quarter. Institutional investors and hedge funds own 91.03% of the company’s stock.

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. It operates in two segments, Asset Intelligence & Tracking, and Enterprise Visibility & Mobility. The company designs, manufactures, and sells printers that produce labels, wristbands, tickets, receipts, and plastic cards; dye-sublimination thermal card printers that produce images, which are used for personal identification, access control, and financial transactions; radio frequency identification device (RFID) printers that encode data into passive RFID transponders; accessories and options for printers, including carrying cases, vehicle mounts, and battery chargers; stock and customized thermal labels, receipts, ribbons, plastic cards, and RFID tags for printers; and temperature-monitoring labels primarily used in vaccine distribution.