Fox Run Management L.L.C. Has $1.66 Million Stake in Zebra Technologies Co. (NASDAQ:ZBRA)

Fox Run Management L.L.C. raised its holdings in Zebra Technologies Co. (NASDAQ:ZBRA - Free Report) by 124.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 4,285 shares of the industrial products company's stock after purchasing an additional 2,380 shares during the quarter. Fox Run Management L.L.C.'s holdings in Zebra Technologies were worth $1,655,000 as of its most recent SEC filing.

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

Zebra Technologies Stock Down 1.9 %

Shares of NASDAQ:ZBRA traded down $5.77 during trading on Tuesday, hitting $291.65. 67,211 shares of the company's stock traded hands, compared to its average volume of 391,799. 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 company has a 50-day moving average price of $341.34 and a 200-day moving average price of $367.29. Zebra Technologies Co. has a 52 week low of $266.75 and a 52 week high of $427.76. The company has a market cap of $14.98 billion, a price-to-earnings ratio of 28.71 and a beta of 1.68.

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Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last issued its quarterly earnings data 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 company had revenue of $1.33 billion for the quarter, compared to the consensus estimate of $1.31 billion. Zebra Technologies had a return on equity of 18.34% and a net margin of 10.60%. As a group, research analysts forecast that Zebra Technologies Co. will post 13.71 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on ZBRA. Barclays dropped their target price on Zebra Technologies from $407.00 to $326.00 and set an "equal weight" rating for the company in a research report on Friday, February 14th. UBS Group cut their target price on shares of Zebra Technologies from $445.00 to $425.00 and set a "buy" rating on the stock in a research report on Tuesday, February 18th. Citigroup started coverage on shares of Zebra Technologies in a research report on Tuesday, January 14th. They set a "neutral" rating and a $430.00 price target for the company. Truist Financial cut their price objective on shares of Zebra Technologies from $409.00 to $379.00 and set a "hold" rating on the stock in a report on Friday, February 14th. Finally, Robert W. Baird reduced their price objective on shares of Zebra Technologies from $432.00 to $380.00 and set an "outperform" rating on the stock in a research note on Tuesday, February 18th. Five research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, Zebra Technologies currently has an average rating of "Moderate Buy" and a consensus price target of $381.42.

Insider Buying and Selling

In related 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 cost of $311.00 per share, with a total value of $155,500.00. Following the acquisition, the director now owns 202,176 shares in the company, valued at $62,876,736. This trade represents a 0.25 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. 1.06% of the stock is owned by insiders.

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.