Creative Financial Designs Inc. ADV Has $27,000 Stock Holdings in Zebra Technologies Co. (NASDAQ:ZBRA)

Creative Financial Designs Inc. ADV raised its holdings in Zebra Technologies Co. (NASDAQ:ZBRA) by 102.9% in the fourth quarter, Holdings Channel.com reports. The fund owned 71 shares of the industrial products company’s stock after acquiring an additional 36 shares during the quarter. Creative Financial Designs Inc. ADV’s holdings in Zebra Technologies were worth $27,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in ZBRA. Sierra Ocean LLC acquired a new stake in Zebra Technologies in the fourth quarter valued at approximately $28,000. Picton Mahoney Asset Management acquired a new stake in Zebra Technologies in the fourth quarter valued at approximately $31,000. Avalon Trust Co acquired a new stake in shares of Zebra Technologies in the fourth quarter worth $35,000. Fortitude Family Office LLC lifted its stake in shares of Zebra Technologies by 159.5% in the fourth quarter. Fortitude Family Office LLC now owns 96 shares of the industrial products company’s stock worth $37,000 after buying an additional 59 shares during the last quarter. Finally, Ameliora Wealth Management Ltd. acquired a new stake in shares of Zebra Technologies in the fourth quarter worth $42,000. 91.03% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Zebra Technologies

In other news, Director Anders Gustafsson bought 500 shares of Zebra Technologies stock in a transaction dated Monday, February 24th. The shares were bought at an average price of $311.00 per share, for a total transaction of $155,500.00. Following the purchase, the director now owns 202,176 shares of the company’s stock, valued at approximately $62,876,736. This trade represents a 0.25 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 1.06% of the company’s stock.

Zebra Technologies Trading Up 1.7 %

Shares of ZBRA stock opened at $289.99 on Friday. The firm has a market capitalization of $14.90 billion, a P/E ratio of 28.49 and a beta of 1.68. The company has a current ratio of 1.43, a quick ratio of 1.03 and a debt-to-equity ratio of 0.58. The firm’s fifty day simple moving average is $343.03 and its 200 day simple moving average is $366.99. Zebra Technologies Co. has a 1 year low of $266.75 and a 1 year high of $427.76.

Zebra Technologies (NASDAQ:ZBRA) last announced its quarterly earnings results on Thursday, February 13th. The industrial products company reported $3.62 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.85 by ($0.23). The business had revenue of $1.33 billion during the quarter, compared to the consensus estimate of $1.31 billion. Zebra Technologies had a net margin of 10.60% and a return on equity of 18.34%. As a group, sell-side analysts predict that Zebra Technologies Co. will post 13.71 EPS for the current year.

Analyst Ratings Changes

A number of brokerages have recently weighed in on ZBRA. Morgan Stanley reduced their price objective on shares of Zebra Technologies from $427.00 to $390.00 and set an “equal weight” rating for the company in a research note on Friday, February 14th. Citigroup began coverage on shares of Zebra Technologies in a research note on Tuesday, January 14th. They issued a “neutral” rating and a $430.00 price objective for the company. Needham & Company LLC reduced their price objective on shares of Zebra Technologies from $430.00 to $395.00 and set a “buy” rating for the company in a research note on Friday, February 14th. UBS Group reduced their price objective on shares of Zebra Technologies from $445.00 to $425.00 and set a “buy” rating for the company in a research note on Tuesday, February 18th. Finally, Barclays reduced their price objective on shares of Zebra Technologies from $407.00 to $326.00 and set an “equal weight” rating for the company in a research note on Friday, February 14th. Five research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $381.42.

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.