Westport Asset Management Inc. Takes $9.04 Million Position in Zebra Technologies Corporation $ZBRA

Westport Asset Management Inc. purchased a new stake in Zebra Technologies Corporation (NASDAQ:ZBRA) during the second quarter, Holdings Channel reports. The institutional investor purchased 34,335 shares of the industrial products company’s stock, valued at approximately $9,039,000. Zebra Technologies comprises 3.7% of Westport Asset Management Inc.’s investment portfolio, making the stock its 8th largest position.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Garner Asset Management Corp acquired a new position in Zebra Technologies during the fourth quarter valued at approximately $30,000. CYBER HORNET ETFs LLC acquired a new stake in Zebra Technologies in the second quarter worth $39,000. Johnson Financial Group Inc. raised its holdings in Zebra Technologies by 330.3% in the fourth quarter. Johnson Financial Group Inc. now owns 142 shares of the industrial products company’s stock worth $34,000 after purchasing an additional 109 shares during the period. SBI Securities Co. Ltd. boosted its position in shares of Zebra Technologies by 164.8% during the fourth quarter. SBI Securities Co. Ltd. now owns 143 shares of the industrial products company’s stock worth $35,000 after purchasing an additional 89 shares in the last quarter. Finally, NBC Securities Inc. bought a new position in shares of Zebra Technologies during the fourth quarter worth $57,000. Institutional investors own 91.03% of the company’s stock.

Zebra Technologies Price Performance

Shares of NASDAQ ZBRA opened at $354.65 on Thursday. The company has a fifty day moving average price of $286.36 and a 200 day moving average price of $250.79. The firm has a market cap of $16.89 billion, a PE ratio of 32.45 and a beta of 1.59. The company has a current ratio of 0.52, a quick ratio of 0.33 and a debt-to-equity ratio of 0.14. Zebra Technologies Corporation has a 1-year low of $199.05 and a 1-year high of $386.23.

Zebra Technologies (NASDAQ:ZBRA) last issued its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $6.35 EPS for the quarter, beating analysts’ consensus estimates of $4.36 by $1.99. The company had revenue of $1.56 billion for the quarter, compared to analyst estimates of $1.50 billion. Zebra Technologies had a return on equity of 22.29% and a net margin of 9.22%.The company’s quarterly revenue was up 20.4% compared to the same quarter last year. During the same period in the previous year, the company posted $3.61 earnings per share. Zebra Technologies has set its Q3 2026 guidance at 4.700-4.900 EPS and its FY 2026 guidance at 20.750-21.250 EPS. Research analysts predict that Zebra Technologies Corporation will post 17.22 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, Director Linda Connly sold 500 shares of Zebra Technologies stock in a transaction that occurred on Monday, August 10th. The shares were sold at an average price of $377.68, for a total value of $188,840.00. Following the sale, the director directly owned 3,708 shares in the company, valued at $1,400,437.44. This trade represents a 11.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Michael Cho sold 3,500 shares of the stock in a transaction on Friday, August 7th. The stock was sold at an average price of $375.20, for a total transaction of $1,313,200.00. Following the transaction, the insider owned 5,170 shares of the company’s stock, valued at $1,939,784. The trade was a 40.37% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 4,500 shares of company stock valued at $1,629,015 in the last quarter. 0.91% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

ZBRA has been the subject of several research analyst reports. Northcoast Research decreased their price target on shares of Zebra Technologies from $364.00 to $344.00 and set a “buy” rating for the company in a report on Monday, April 27th. BNP Paribas Exane reaffirmed an “outperform” rating and set a $455.00 price objective (up from $370.00) on shares of Zebra Technologies in a research note on Wednesday, August 5th. Barclays lifted their target price on Zebra Technologies from $346.00 to $410.00 and gave the stock an “overweight” rating in a report on Wednesday, August 5th. Morgan Stanley set a $360.00 target price on Zebra Technologies in a research note on Wednesday, August 5th. Finally, Weiss Ratings upgraded Zebra Technologies from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday, July 17th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $381.00.

About Zebra Technologies

Zebra Technologies Corporation is a global technology company specializing in marking, tracking and computer printing solutions. The company produces a wide range of hardware and software products designed to enable real-time visibility of assets, inventory and personnel across diverse industries. Its offerings help businesses automate data capture and streamline operations in environments such as retail, healthcare, manufacturing, transportation and logistics.

The company’s product portfolio includes barcode and RFID printers, mobile computing devices, barcode scanners, RFID readers and related supplies such as labels and tags.