Zebra Technologies Co. (NASDAQ:ZBRA) Shares Bought by Mizuho Securities USA LLC

Mizuho Securities USA LLC grew its stake in shares of Zebra Technologies Co. (NASDAQ:ZBRA - Free Report) by 46.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,889 shares of the industrial products company's stock after acquiring an additional 1,544 shares during the quarter. Mizuho Securities USA LLC's holdings in Zebra Technologies were worth $1,888,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of ZBRA. Pathstone Holdings LLC lifted its stake in shares of Zebra Technologies by 11.6% during the third quarter. Pathstone Holdings LLC now owns 4,379 shares of the industrial products company's stock worth $1,622,000 after buying an additional 456 shares during the period. B. Metzler seel. Sohn & Co. Holding AG acquired a new stake in Zebra Technologies during the 3rd quarter worth about $504,000. Raymond James Trust N.A. lifted its position in Zebra Technologies by 9.6% during the 3rd quarter. Raymond James Trust N.A. now owns 1,589 shares of the industrial products company's stock worth $588,000 after acquiring an additional 139 shares during the period. Meridian Wealth Management LLC purchased a new stake in Zebra Technologies during the 3rd quarter valued at about $257,000. Finally, Cerity Partners LLC increased its holdings in shares of Zebra Technologies by 45.3% in the third quarter. Cerity Partners LLC now owns 10,668 shares of the industrial products company's stock valued at $3,950,000 after purchasing an additional 3,328 shares during the period. 91.03% of the stock is owned by hedge funds and other institutional investors.

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Wall Street Analyst Weigh In

ZBRA has been the topic of a number of recent research reports. Needham & Company LLC dropped their target price on Zebra Technologies from $430.00 to $395.00 and set a "buy" rating on the stock in a research report on Friday, February 14th. UBS Group dropped their price objective on shares of Zebra Technologies from $445.00 to $425.00 and set a "buy" rating on the stock in a report on Tuesday, February 18th. Robert W. Baird reduced their target price on shares of Zebra Technologies from $432.00 to $380.00 and set an "outperform" rating for the company in a report on Tuesday, February 18th. Truist Financial lowered their price target 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, Barclays reduced their price objective on 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 assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Zebra Technologies has an average rating of "Moderate Buy" and a consensus price target of $381.42.

Zebra Technologies Price Performance

Shares of NASDAQ:ZBRA traded down $4.35 during midday trading on Friday, reaching $280.79. 289,682 shares of the company's stock traded hands, compared to its average volume of 399,640. The company has a market cap of $14.43 billion, a P/E ratio of 27.58 and a beta of 1.68. The company has a fifty day simple moving average of $334.68 and a two-hundred day simple moving average of $365.97. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.03 and a current ratio of 1.43. Zebra Technologies Co. has a 1 year low of $266.75 and a 1 year high of $427.76.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last posted 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 analysts' expectations of $1.31 billion. Zebra Technologies had a net margin of 10.60% and a return on equity of 18.34%. Equities analysts predict that Zebra Technologies Co. will post 13.71 EPS for the current fiscal year.

Insider Buying and Selling

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