Zebra Technologies (ZBRA) Shares Sold by Invictus RG

Share on StockTwits

Invictus RG lowered its stake in shares of Zebra Technologies (NASDAQ:ZBRA) by 53.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,622 shares of the industrial products company’s stock after selling 1,900 shares during the period. Invictus RG’s holdings in Zebra Technologies were worth $287,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. First Republic Investment Management Inc. lifted its holdings in shares of Zebra Technologies by 113.8% during the 3rd quarter. First Republic Investment Management Inc. now owns 66,630 shares of the industrial products company’s stock worth $11,782,000 after acquiring an additional 35,464 shares during the last quarter. Riverhead Capital Management LLC lifted its holdings in shares of Zebra Technologies by 46.8% during the 3rd quarter. Riverhead Capital Management LLC now owns 39,664 shares of the industrial products company’s stock worth $7,014,000 after acquiring an additional 12,650 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Zebra Technologies by 17.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 119,249 shares of the industrial products company’s stock worth $21,086,000 after acquiring an additional 17,432 shares during the last quarter. Tower Research Capital LLC TRC lifted its holdings in shares of Zebra Technologies by 312.7% during the 3rd quarter. Tower Research Capital LLC TRC now owns 6,083 shares of the industrial products company’s stock worth $1,075,000 after acquiring an additional 4,609 shares during the last quarter. Finally, Raymond James Trust N.A. bought a new stake in shares of Zebra Technologies during the 3rd quarter worth $351,000. Institutional investors own 86.39% of the company’s stock.

ZBRA has been the subject of a number of research analyst reports. Needham & Company LLC lifted their price objective on shares of Zebra Technologies to $192.00 and gave the stock a “buy” rating in a report on Wednesday, November 7th. BidaskClub raised shares of Zebra Technologies from a “hold” rating to a “buy” rating in a report on Friday, October 19th. JPMorgan Chase & Co. reaffirmed a “buy” rating and set a $180.00 price objective on shares of Zebra Technologies in a report on Friday, September 21st. Robert W. Baird lifted their price objective on shares of Zebra Technologies from $175.00 to $205.00 and gave the stock an “outperform” rating in a report on Monday, November 12th. Finally, Imperial Capital boosted their price target on shares of Zebra Technologies from $120.00 to $180.00 and gave the stock an “outperform” rating in a research note on Friday, August 10th. Two investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $180.22.

Zebra Technologies stock opened at $165.34 on Friday. The company has a quick ratio of 0.64, a current ratio of 1.09 and a debt-to-equity ratio of 1.51. The firm has a market capitalization of $9.29 billion, a price-to-earnings ratio of 18.28 and a beta of 1.55. Zebra Technologies has a twelve month low of $101.49 and a twelve month high of $184.75.

Zebra Technologies (NASDAQ:ZBRA) last posted its quarterly earnings results on Tuesday, November 6th. The industrial products company reported $2.88 earnings per share for the quarter, topping the consensus estimate of $2.60 by $0.28. The business had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.07 billion. Zebra Technologies had a net margin of 7.55% and a return on equity of 49.81%. The firm’s revenue for the quarter was up 16.8% on a year-over-year basis. During the same period in the previous year, the firm posted $1.87 earnings per share. On average, equities analysts anticipate that Zebra Technologies will post 10.04 EPS for the current fiscal year.

In other news, SVP Joachim Heel sold 2,480 shares of the company’s stock in a transaction dated Friday, November 9th. The shares were sold at an average price of $182.38, for a total transaction of $452,302.40. Following the completion of the transaction, the senior vice president now directly owns 24,412 shares of the company’s stock, valued at $4,452,260.56. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Anders Gustafsson sold 35,160 shares of the company’s stock in a transaction dated Thursday, November 8th. The shares were sold at an average price of $182.73, for a total transaction of $6,424,786.80. Following the transaction, the chief executive officer now directly owns 314,092 shares of the company’s stock, valued at $57,394,031.16. The disclosure for this sale can be found here. Insiders sold 71,640 shares of company stock valued at $12,930,449 over the last three months. 2.30% of the stock is currently owned by insiders.

COPYRIGHT VIOLATION WARNING: “Zebra Technologies (ZBRA) Shares Sold by Invictus RG” was originally posted by BBNS and is the property of of BBNS. If you are reading this report on another site, it was illegally stolen and republished in violation of United States & international copyright and trademark legislation. The original version of this report can be viewed at https://baseballnewssource.com/2018/12/08/zebra-technologies-zbra-shares-sold-by-invictus-rg/3065056.html.

About Zebra Technologies

With the unparalleled operational visibility Zebra provides, enterprises become as smart and connected as the world we live in. Real-time information – gleaned from visionary solutions including hardware, software and services – gives organizations the competitive edge they need to simplify operations, know more about their businesses and customers, and empower their mobile workers to succeed in today’s data-centric world.

Featured Article: Using the New Google Finance Tool

Want to see what other hedge funds are holding ZBRA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Zebra Technologies (NASDAQ:ZBRA).

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

Receive News & Ratings for Zebra Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zebra Technologies and related companies with MarketBeat.com's FREE daily email newsletter.

 


Latest News

Yu Darvish Receives Cortisone Shot for Elbow Impingement
Yu Darvish Receives Cortisone Shot for Elbow Impingement
Red Sox and Brandon Phillips Agree to Minor League Deal
Red Sox and Brandon Phillips Agree to Minor League Deal
Chris Sale Proves He is 2018 AL Cy Young Candidate
Chris Sale Proves He is 2018 AL Cy Young Candidate
Strong Results by Clint Frazier Could Keep Him with Yankees
Strong Results by Clint Frazier Could Keep Him with Yankees
Giants Closer Breaks Hand Punching Door Following Poor Outing
Giants Closer Breaks Hand Punching Door Following Poor Outing
Evan Longoria Out Six to Eight Weeks With Broken Hand
Evan Longoria Out Six to Eight Weeks With Broken Hand


Leave a Reply

 
© 2006-2018 BBNS.