753 Shares in Zebra Technologies Co. (NASDAQ:ZBRA) Bought by Caprock Group LLC

Caprock Group LLC purchased a new position in Zebra Technologies Co. (NASDAQ:ZBRA - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 753 shares of the industrial products company's stock, valued at approximately $291,000.

Several other large investors have also recently made changes to their positions in the company. Concord Wealth Partners purchased a new position in Zebra Technologies in the 3rd quarter worth approximately $30,000. Fortitude Family Office LLC increased its holdings 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 valued at $37,000 after purchasing an additional 59 shares during the last quarter. Blue Trust Inc. lifted its position in Zebra Technologies by 136.7% during the third quarter. Blue Trust Inc. now owns 116 shares of the industrial products company's stock worth $43,000 after buying an additional 67 shares in the last quarter. Assetmark Inc. boosted its stake in Zebra Technologies by 794.1% during the third quarter. Assetmark Inc. now owns 152 shares of the industrial products company's stock worth $56,000 after buying an additional 135 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB grew its holdings in Zebra Technologies by 24.8% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 151 shares of the industrial products company's stock valued at $58,000 after buying an additional 30 shares in the last quarter. 91.03% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts have recently commented on ZBRA shares. TD Cowen lifted their price target on Zebra Technologies from $380.00 to $425.00 and gave the stock a "buy" rating in a report on Wednesday, October 30th. Citigroup initiated coverage on shares of Zebra Technologies in a research note on Tuesday, January 14th. They set a "neutral" rating and a $430.00 target price on the stock. UBS Group increased their price target on shares of Zebra Technologies from $390.00 to $445.00 and gave the company a "buy" rating in a research note on Wednesday, October 30th. Needham & Company LLC lifted their price target on shares of Zebra Technologies from $394.00 to $430.00 and gave the company a "buy" rating in a research report on Wednesday, October 30th. Finally, Barclays increased their price objective on Zebra Technologies from $347.00 to $407.00 and gave the stock an "equal weight" rating in a research report on Thursday, October 31st. Five analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $401.25.

Zebra Technologies Trading Down 1.4 %

NASDAQ ZBRA traded down $5.00 during trading on Monday, hitting $358.44. The stock had a trading volume of 859,670 shares, compared to its average volume of 463,191. The company has a quick ratio of 0.96, a current ratio of 1.37 and a debt-to-equity ratio of 0.61. The company has a market capitalization of $18.49 billion, a PE ratio of 48.77 and a beta of 1.63. The firm has a 50 day moving average price of $397.18 and a 200 day moving average price of $373.69. Zebra Technologies Co. has a twelve month low of $243.49 and a twelve month high of $427.76.

About Zebra Technologies

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.