Zebra Technologies Co. (NASDAQ:ZBRA) Stock Holdings Increased by Dark Forest Capital Management LP

Dark Forest Capital Management LP raised its holdings in Zebra Technologies Co. (NASDAQ:ZBRA - Free Report) by 84.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,650 shares of the industrial products company's stock after purchasing an additional 1,210 shares during the period. Dark Forest Capital Management LP's holdings in Zebra Technologies were worth $1,023,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Creative Financial Designs Inc. ADV grew its holdings in Zebra Technologies by 102.9% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 71 shares of the industrial products company's stock worth $27,000 after acquiring an additional 36 shares in the last quarter. Sierra Ocean LLC bought a new position in Zebra Technologies during the 4th quarter worth approximately $28,000. Picton Mahoney Asset Management acquired a new position in shares of Zebra Technologies in the 4th quarter worth approximately $31,000. Avalon Trust Co acquired a new stake in shares of Zebra Technologies during the 4th quarter valued at approximately $35,000. Finally, Fortitude Family Office LLC lifted its stake in Zebra Technologies by 159.5% during the fourth quarter. Fortitude Family Office LLC now owns 96 shares of the industrial products company's stock worth $37,000 after purchasing an additional 59 shares during the last quarter. Institutional investors and hedge funds own 91.03% of the company's stock.

Zebra Technologies Price Performance

ZBRA traded up $2.16 on Friday, reaching $246.24. The company had a trading volume of 530,229 shares, compared to its average volume of 434,763. Zebra Technologies Co. has a one year low of $205.73 and a one year high of $427.76. The company has a market capitalization of $12.65 billion, a P/E ratio of 24.19 and a beta of 1.76. The company has a fifty day moving average of $269.94 and a 200-day moving average of $347.17. The company has a current ratio of 1.43, a quick ratio of 1.03 and a debt-to-equity ratio of 0.58.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last posted its quarterly earnings data on Thursday, February 13th. The industrial products company reported $3.62 EPS for the quarter, missing analysts' consensus estimates of $3.85 by ($0.23). The company had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.31 billion. Zebra Technologies had a net margin of 10.60% and a return on equity of 18.34%. As a group, equities research analysts anticipate that Zebra Technologies Co. will post 13.71 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the stock. Robert W. Baird reduced their price target on shares of Zebra Technologies from $432.00 to $380.00 and set an "outperform" rating on the stock in a research report on Tuesday, February 18th. Morgan Stanley lowered their target price on Zebra Technologies from $390.00 to $232.00 and set an "equal weight" rating for the company in a report on Tuesday, April 8th. Barclays cut their price target on Zebra Technologies from $407.00 to $326.00 and set an "equal weight" rating on the stock in a report on Friday, February 14th. UBS Group lowered their price objective on 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, Citigroup cut their target price on Zebra Technologies from $371.00 to $250.00 and set a "neutral" rating on the stock in a research note on Monday, April 14th. Five analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $343.36.

Insider Activity at Zebra Technologies

In other Zebra Technologies news, Director Anders Gustafsson acquired 500 shares of Zebra Technologies stock in a transaction dated Monday, February 24th. The stock was bought at an average price of $311.00 per share, for a total transaction of $155,500.00. Following the transaction, the director now owns 202,176 shares in the company, valued at approximately $62,876,736. This trade represents a 0.25 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 0.84% of the company's stock.

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.