Zebra Technologies (NASDAQ:ZBRA) Director Chirantan Jitendra Desai sold 1,978 shares of the firm’s stock in a transaction on Monday, August 19th. The stock was sold at an average price of $206.60, for a total value of $408,654.80. Following the transaction, the director now directly owns 5,955 shares of the company’s stock, valued at approximately $1,230,303. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Shares of NASDAQ:ZBRA traded up $4.35 during trading on Wednesday, hitting $205.79. The company’s stock had a trading volume of 362,485 shares, compared to its average volume of 576,767. The company has a debt-to-equity ratio of 1.07, a quick ratio of 0.59 and a current ratio of 0.99. Zebra Technologies has a fifty-two week low of $140.95 and a fifty-two week high of $237.15. The stock’s 50-day moving average price is $201.16 and its two-hundred day moving average price is $200.98. The company has a market capitalization of $11.01 billion, a PE ratio of 20.12 and a beta of 1.61.

Zebra Technologies (NASDAQ:ZBRA) last released its quarterly earnings results on Tuesday, July 30th. The industrial products company reported $3.02 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $2.70 by $0.32. Zebra Technologies had a return on equity of 43.60% and a net margin of 10.95%. The business had revenue of $1.10 billion for the quarter, compared to analysts’ expectations of $1.09 billion. During the same quarter in the previous year, the firm posted $2.48 earnings per share. The company’s revenue was up 8.4% compared to the same quarter last year. On average, equities analysts predict that Zebra Technologies will post 12.1 earnings per share for the current fiscal year.

Several large investors have recently added to or reduced their stakes in ZBRA. Trust Co. of Vermont lifted its stake in shares of Zebra Technologies by 125.0% in the first quarter. Trust Co. of Vermont now owns 135 shares of the industrial products company’s stock worth $28,000 after acquiring an additional 75 shares in the last quarter. Shamrock Asset Management LLC acquired a new position in shares of Zebra Technologies in the second quarter worth about $35,000. Bessemer Group Inc. raised its stake in Zebra Technologies by 451.5% during the second quarter. Bessemer Group Inc. now owns 182 shares of the industrial products company’s stock valued at $38,000 after buying an additional 149 shares in the last quarter. Trustcore Financial Services LLC acquired a new stake in Zebra Technologies during the first quarter valued at approximately $42,000. Finally, Hall Laurie J Trustee raised its stake in Zebra Technologies by 32.0% during the first quarter. Hall Laurie J Trustee now owns 330 shares of the industrial products company’s stock valued at $69,000 after buying an additional 80 shares in the last quarter. Institutional investors and hedge funds own 89.31% of the company’s stock.

ZBRA has been the subject of several recent research reports. Wellington Shields downgraded Zebra Technologies from a “gradually accumulate” rating to a “hold” rating in a research report on Thursday, July 18th. BidaskClub cut Zebra Technologies from a “buy” rating to a “hold” rating in a research note on Saturday. Imperial Capital restated an “outperform” rating and set a $245.00 price objective (up previously from $230.00) on shares of Zebra Technologies in a research note on Thursday, August 1st. Zacks Investment Research cut Zebra Technologies from a “hold” rating to a “sell” rating in a research note on Saturday, July 20th. Finally, ValuEngine upgraded Zebra Technologies from a “hold” rating to a “buy” rating in a research note on Wednesday, July 31st. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and seven have assigned a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $225.43.

Zebra Technologies Company Profile

Zebra (NASDAQ: ZBRA) empowers the front line of business in retail/ecommerce, manufacturing, transportation and logistics, healthcare and other industries to achieve a performance edge. With more than 10,000 partners across 100 countries, they deliver industry-tailored, end-to-end solutions that intelligently connect people, assets and data to help our customers make business-critical decisions. Their market-leading solutions elevate the shopping experience, track and manage inventory as well as improve supply chain efficiency and patient care.

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

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