Graphene Investments SAS Sells 900 Shares of Zebra Technologies Co. (NASDAQ:ZBRA)

Graphene Investments SAS decreased its position in shares of Zebra Technologies Co. (NASDAQ:ZBRA - Free Report) by 10.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,600 shares of the industrial products company's stock after selling 900 shares during the quarter. Zebra Technologies accounts for about 2.0% of Graphene Investments SAS's holdings, making the stock its 28th biggest position. Graphene Investments SAS's holdings in Zebra Technologies were worth $2,935,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Concord Wealth Partners purchased a new stake in Zebra Technologies in the 3rd quarter valued at approximately $30,000. Fortitude Family Office LLC increased its holdings in shares of 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 during the last quarter. Ameliora Wealth Management Ltd. acquired a new stake in shares of Zebra Technologies during the 4th quarter worth $42,000. Blue Trust Inc. increased its holdings in shares of Zebra Technologies by 136.7% during the 3rd quarter. Blue Trust Inc. now owns 116 shares of the industrial products company's stock worth $43,000 after buying an additional 67 shares during the last quarter. Finally, Spire Wealth Management increased its holdings in shares of Zebra Technologies by 44.7% during the 4th quarter. Spire Wealth Management now owns 136 shares of the industrial products company's stock worth $53,000 after buying an additional 42 shares during the last quarter. Hedge funds and other institutional investors own 91.03% of the company's stock.

Zebra Technologies Trading Down 0.9 %

ZBRA traded down $3.17 during trading on Tuesday, reaching $355.27. 370,931 shares of the company's stock were exchanged, compared to its average volume of 459,442. Zebra Technologies Co. has a one year low of $243.49 and a one year high of $427.76. The company has a current ratio of 1.37, a quick ratio of 0.96 and a debt-to-equity ratio of 0.61. The stock has a market capitalization of $18.33 billion, a PE ratio of 48.32 and a beta of 1.63. The firm has a fifty day moving average price of $396.15 and a two-hundred day moving average price of $373.93.

Analyst Ratings Changes

Several analysts recently issued reports on ZBRA shares. Needham & Company LLC increased their price target on Zebra Technologies from $394.00 to $430.00 and gave the company a "buy" rating in a report on Wednesday, October 30th. Morgan Stanley raised their price objective on shares of Zebra Technologies from $400.00 to $427.00 and gave the company an "equal weight" rating in a research note on Tuesday, December 17th. Barclays raised their target price on shares of Zebra Technologies from $347.00 to $407.00 and gave the stock an "equal weight" rating in a report on Thursday, October 31st. UBS Group raised their price objective on shares of Zebra Technologies from $390.00 to $445.00 and gave the stock a "buy" rating in a research note on Wednesday, October 30th. Finally, Truist Financial raised their price objective on shares of Zebra Technologies from $408.00 to $409.00 and gave the stock a "hold" rating in a research note on Thursday, January 16th. Five research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $401.25.

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.