American International Group Inc. raised its stake in shares of Zebra Technologies Corporation (NASDAQ:ZBRA) by 0.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 101,631 shares of the company’s stock after buying an additional 809 shares during the period. American International Group Inc. owned about 0.19% of Zebra Technologies Corporation worth $7,075,000 as of its most recent filing with the SEC.
Other institutional investors have also bought and sold shares of the company. Advisor Group Inc. raised its stake in shares of Zebra Technologies Corporation by 11.4% in the third quarter. Advisor Group Inc. now owns 1,506 shares of the company’s stock worth $105,000 after buying an additional 154 shares during the period. JPMorgan Chase & Co. raised its stake in shares of Zebra Technologies Corporation by 36.1% in the third quarter. JPMorgan Chase & Co. now owns 2,061 shares of the company’s stock worth $143,000 after buying an additional 547 shares during the period. LS Investment Advisors LLC raised its stake in shares of Zebra Technologies Corporation by 71.0% in the second quarter. LS Investment Advisors LLC now owns 3,160 shares of the company’s stock worth $158,000 after buying an additional 1,312 shares during the period. Pacer Advisors Inc. bought a new stake in shares of Zebra Technologies Corporation during the second quarter worth about $160,000. Finally, First Manhattan Co. raised its stake in shares of Zebra Technologies Corporation by 25.0% in the third quarter. First Manhattan Co. now owns 2,500 shares of the company’s stock worth $174,000 after buying an additional 500 shares during the period. Institutional investors and hedge funds own 99.64% of the company’s stock.
Zebra Technologies Corporation (NASDAQ:ZBRA) traded up 0.41% on Wednesday, reaching $85.79. 133,732 shares of the company were exchanged. Zebra Technologies Corporation has a 12-month low of $46.13 and a 12-month high of $88.03. The stock has a 50 day moving average of $82.79 and a 200 day moving average of $67.46. The firm’s market capitalization is $4.53 billion.
Zebra Technologies Corporation (NASDAQ:ZBRA) last announced its quarterly earnings data on Tuesday, November 15th. The company reported $1.43 EPS for the quarter, topping the Zacks’ consensus estimate of $1.41 by $0.02. The business had revenue of $904 million for the quarter. Zebra Technologies Corporation had a negative net margin of 4.68% and a positive return on equity of 30.70%. The business’s revenue for the quarter was down 1.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.39 EPS. Equities analysts anticipate that Zebra Technologies Corporation will post $5.46 EPS for the current year.
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ZBRA has been the topic of a number of recent analyst reports. J P Morgan Chase & Co restated a “buy” rating on shares of Zebra Technologies Corporation in a research note on Tuesday, September 20th. Imperial Capital upped their target price on shares of Zebra Technologies Corporation from $65.00 to $75.00 and gave the company an “outperform” rating in a research note on Monday, October 10th. Zacks Investment Research lowered shares of Zebra Technologies Corporation from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 12th. Finally, Avondale Partners upgraded shares of Zebra Technologies Corporation from a “market perform” rating to an “outperform” rating in a research note on Tuesday, November 15th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and six have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $75.95.
In other news, CEO Anders Gustafsson sold 25,000 shares of the business’s stock in a transaction on Friday, December 16th. The shares were sold at an average price of $84.91, for a total value of $2,122,750.00. Following the sale, the chief executive officer now owns 281,181 shares of the company’s stock, valued at $23,875,078.71. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 2.50% of the stock is currently owned by insiders.
Zebra Technologies Corporation Company Profile
Zebra Technologies Corporation offers a range of solutions in the automatic information and data capture industry. The Company designs, manufactures and sells a range of products that capture and move data, including mobile computers; barcode scanners and imagers; radio frequency identification device (RFID) readers; specialty printers for barcode labelling and personal identification; real-time location systems (RTLS); related accessories and supplies, such as self-adhesive labels and other consumables, and software and services that are associated with these products.
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