Tealwood Asset Management Inc. acquired a new stake in Zebra Technologies (NASDAQ:ZBRA) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor acquired 13,966 shares of the industrial products company’s stock, valued at approximately $2,926,000.

Several other hedge funds also recently added to or reduced their stakes in the company. Achmea Investment Management B.V. bought a new stake in shares of Zebra Technologies in the 2nd quarter valued at approximately $757,000. Enlightenment Research LLC bought a new stake in shares of Zebra Technologies in the 2nd quarter valued at approximately $338,000. Alpine Woods Capital Investors LLC grew its stake in shares of Zebra Technologies by 20.5% in the 2nd quarter. Alpine Woods Capital Investors LLC now owns 29,554 shares of the industrial products company’s stock valued at $6,191,000 after purchasing an additional 5,026 shares during the period. Teacher Retirement System of Texas grew its stake in shares of Zebra Technologies by 426.5% in the 2nd quarter. Teacher Retirement System of Texas now owns 19,432 shares of the industrial products company’s stock valued at $4,071,000 after purchasing an additional 15,741 shares during the period. Finally, Shilanski & Associates Inc. bought a new stake in shares of Zebra Technologies in the 2nd quarter valued at approximately $768,000. Institutional investors own 89.31% of the company’s stock.

In other Zebra Technologies news, CEO Anders Gustafsson sold 19,650 shares of the company’s stock in a transaction on Thursday, August 8th. The stock was sold at an average price of $211.36, for a total transaction of $4,153,224.00. Following the transaction, the chief executive officer now owns 283,533 shares of the company’s stock, valued at approximately $59,927,534.88. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CFO Olivier Leonetti sold 3,500 shares of the company’s stock in a transaction on Monday, June 10th. The stock was sold at an average price of $195.00, for a total value of $682,500.00. Following the transaction, the chief financial officer now directly owns 22,387 shares in the company, valued at approximately $4,365,465. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 67,132 shares of company stock worth $13,578,876. 1.77% of the stock is owned by corporate insiders.

NASDAQ ZBRA traded down $2.81 during trading hours on Thursday, reaching $202.98. 17,244 shares of the company’s stock were exchanged, compared to its average volume of 533,195. The stock has a market cap of $11.10 billion, a PE ratio of 19.74 and a beta of 1.61. Zebra Technologies has a one year low of $140.95 and a one year high of $237.15. The firm has a fifty day moving average of $201.03 and a 200-day moving average of $201.14. The company has a current ratio of 0.99, a quick ratio of 0.59 and a debt-to-equity ratio of 1.07.

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 Zacks’ consensus estimate of $2.70 by $0.32. The business had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.09 billion. Zebra Technologies had a return on equity of 43.60% and a net margin of 10.95%. Zebra Technologies’s revenue for the quarter was up 8.4% on a year-over-year basis. During the same period in the prior year, the company earned $2.48 EPS. As a group, research analysts forecast that Zebra Technologies will post 12.1 EPS for the current year.

ZBRA has been the topic of several analyst reports. Imperial Capital reiterated an “outperform” rating and issued a $245.00 price objective (up from $230.00) on shares of Zebra Technologies in a research note on Thursday, August 1st. Zacks Investment Research lowered Zebra Technologies from a “hold” rating to a “sell” rating in a research report on Saturday, July 20th. Wellington Shields lowered Zebra Technologies from a “gradually accumulate” rating to a “hold” rating in a research report on Thursday, July 18th. BidaskClub lowered Zebra Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, August 17th. Finally, ValuEngine upgraded Zebra Technologies from a “hold” rating to a “buy” rating in a research report on Wednesday, July 31st. One analyst has rated the stock with a sell rating, two have given a hold rating and seven have given a buy rating to the stock. Zebra Technologies currently has an average rating of “Buy” and an average target price of $225.43.

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

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