5,138 Shares in Zebra Technologies Co. (NASDAQ:ZBRA) Purchased by Union Bancaire Privee UBP SA

Union Bancaire Privee UBP SA bought a new position in shares of Zebra Technologies Co. (NASDAQ:ZBRA) during the 4th quarter, Holdings Channel reports. The firm bought 5,138 shares of the industrial products company’s stock, valued at approximately $1,999,000.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Blue Trust Inc. increased its stake in Zebra Technologies by 122.4% in the 4th quarter. Blue Trust Inc. now owns 258 shares of the industrial products company’s stock valued at $96,000 after purchasing an additional 142 shares in the last quarter. AlphaMark Advisors LLC increased its position in shares of Zebra Technologies by 3.3% in the fourth quarter. AlphaMark Advisors LLC now owns 2,453 shares of the industrial products company’s stock valued at $947,000 after buying an additional 79 shares in the last quarter. Flagship Harbor Advisors LLC increased its position in shares of Zebra Technologies by 3.4% in the fourth quarter. Flagship Harbor Advisors LLC now owns 1,332 shares of the industrial products company’s stock valued at $514,000 after buying an additional 44 shares in the last quarter. Donoghue Forlines LLC acquired a new position in shares of Zebra Technologies during the 4th quarter worth $2,042,000. Finally, Nisa Investment Advisors LLC boosted its position in shares of Zebra Technologies by 0.6% in the 4th quarter. Nisa Investment Advisors LLC now owns 24,089 shares of the industrial products company’s stock worth $9,304,000 after buying an additional 143 shares in the last quarter. 91.03% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Zebra Technologies news, CFO Nathan Andrew Winters sold 1,837 shares of the company’s stock in a transaction dated Thursday, October 31st. The stock was sold at an average price of $381.73, for a total transaction of $701,238.01. Following the completion of the sale, the chief financial officer now directly owns 11,421 shares in the company, valued at $4,359,738.33. This represents a 13.86 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 1.06% of the company’s stock.

Zebra Technologies Price Performance

ZBRA opened at $399.36 on Tuesday. Zebra Technologies Co. has a 1 year low of $233.95 and a 1 year high of $427.76. The company’s 50 day simple moving average is $398.66 and its 200 day simple moving average is $369.31. The stock has a market capitalization of $20.60 billion, a PE ratio of 54.33 and a beta of 1.64. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.96 and a current ratio of 1.37.

Zebra Technologies (NASDAQ:ZBRA) last posted its quarterly earnings results on Tuesday, October 29th. The industrial products company reported $3.49 earnings per share for the quarter, topping analysts’ consensus estimates of $2.92 by $0.57. The company had revenue of $1.26 billion for the quarter, compared to the consensus estimate of $1.22 billion. Zebra Technologies had a net margin of 8.20% and a return on equity of 15.56%. Zebra Technologies’s revenue was up 31.3% on a year-over-year basis. During the same quarter last year, the firm posted $0.57 earnings per share. As a group, sell-side analysts expect that Zebra Technologies Co. will post 11.8 EPS for the current year.

Wall Street Analyst Weigh In

ZBRA has been the subject of a number of research reports. Barclays lifted their target price on shares of Zebra Technologies from $347.00 to $407.00 and gave the stock an “equal weight” rating in a research report on Thursday, October 31st. Needham & Company LLC lifted their price objective on Zebra Technologies from $394.00 to $430.00 and gave the stock a “buy” rating in a research report on Wednesday, October 30th. Robert W. Baird increased their target price on Zebra Technologies from $380.00 to $415.00 and gave the company an “outperform” rating in a report on Wednesday, October 30th. UBS Group boosted their price target on Zebra Technologies from $390.00 to $445.00 and gave the stock a “buy” rating in a report on Wednesday, October 30th. Finally, Truist Financial upped their price objective on Zebra Technologies from $408.00 to $409.00 and gave the company a “hold” rating in a research report on Thursday, January 16th. Five equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $401.25.

Zebra Technologies Profile

Zebra Technologies Corporation, together with its subsidiaries, provides enterprise asset intelligence solutions in the automatic identification and data capture solutions industry worldwide. It operates in two segments, Asset Intelligence & Tracking, and Enterprise Visibility & Mobility. The company designs, manufactures, and sells printers that produce labels, wristbands, tickets, receipts, and plastic cards; dye-sublimination thermal card printers that produce images, which are used for personal identification, access control, and financial transactions; radio frequency identification device (RFID) printers that encode data into passive RFID transponders; accessories and options for printers, including carrying cases, vehicle mounts, and battery chargers; stock and customized thermal labels, receipts, ribbons, plastic cards, and RFID tags for printers; and temperature-monitoring labels primarily used in vaccine distribution.