Shaker Investments LLC OH Acquires 3,545 Shares of Zebra Technologies Co. (NASDAQ:ZBRA)

Shaker Investments LLC OH increased its holdings in Zebra Technologies Co. (NASDAQ:ZBRA - Free Report) by 29.9% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,398 shares of the industrial products company's stock after acquiring an additional 3,545 shares during the quarter. Zebra Technologies comprises approximately 2.4% of Shaker Investments LLC OH's portfolio, making the stock its 7th biggest position. Shaker Investments LLC OH's holdings in Zebra Technologies were worth $5,702,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Price T Rowe Associates Inc. MD grew its holdings in shares of Zebra Technologies by 44.8% during the first quarter. Price T Rowe Associates Inc. MD now owns 1,373,792 shares of the industrial products company's stock valued at $414,117,000 after buying an additional 425,207 shares during the last quarter. AXA S.A. lifted its stake in shares of Zebra Technologies by 62.3% during the 2nd quarter. AXA S.A. now owns 277,864 shares of the industrial products company's stock valued at $85,841,000 after buying an additional 106,630 shares in the last quarter. Boston Partners boosted its stake in shares of Zebra Technologies by 9.7% in the first quarter. Boston Partners now owns 1,108,819 shares of the industrial products company's stock worth $334,230,000 after acquiring an additional 98,045 shares during the period. Fort Pitt Capital Group LLC raised its position in shares of Zebra Technologies by 25.7% during the first quarter. Fort Pitt Capital Group LLC now owns 304,883 shares of the industrial products company's stock valued at $91,904,000 after buying an additional 62,337 shares during the last quarter. Finally, Artemis Investment Management LLP purchased a new position in Zebra Technologies during the first quarter valued at $18,353,000. 91.03% of the stock is currently owned by institutional investors.

Insider Transactions at Zebra Technologies

In other news, insider Jeffrey F. Schmitz sold 1,000 shares of the company's stock in a transaction that occurred on Thursday, August 15th. The stock was sold at an average price of $341.69, for a total transaction of $341,690.00. Following the completion of the sale, the insider now owns 9,694 shares in the company, valued at $3,312,342.86. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 1.06% of the company's stock.

Zebra Technologies Trading Up 1.6 %

Shares of NASDAQ ZBRA traded up $5.78 during trading on Friday, reaching $375.02. The stock had a trading volume of 215,649 shares, compared to its average volume of 311,437. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.84 and a current ratio of 1.28. The company has a market cap of $19.34 billion, a P/E ratio of 84.65 and a beta of 1.66. Zebra Technologies Co. has a fifty-two week low of $194.59 and a fifty-two week high of $376.59. The business's 50-day moving average price is $346.94 and its 200-day moving average price is $322.74.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last posted its quarterly earnings results on Tuesday, July 30th. The industrial products company reported $3.18 earnings per share for the quarter, beating analysts' consensus estimates of $2.48 by $0.70. The company had revenue of $1.22 billion for the quarter, compared to analysts' expectations of $1.18 billion. Zebra Technologies had a return on equity of 11.77% and a net margin of 5.28%. Zebra Technologies's quarterly revenue was up .2% on a year-over-year basis. During the same period last year, the firm earned $3.24 earnings per share. On average, equities research analysts predict that Zebra Technologies Co. will post 11.09 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. Barclays lifted their price target on Zebra Technologies from $314.00 to $347.00 and gave the stock an "equal weight" rating in a research report on Wednesday, July 31st. Stephens boosted their price objective on shares of Zebra Technologies from $380.00 to $410.00 and gave the stock an "overweight" rating in a research note on Friday, August 2nd. Truist Financial lifted their price objective on shares of Zebra Technologies from $345.00 to $379.00 and gave the stock a "hold" rating in a research report on Wednesday. Robert W. Baird increased their target price on shares of Zebra Technologies from $355.00 to $375.00 and gave the company an "outperform" rating in a research report on Wednesday, July 31st. Finally, Redburn Atlantic raised shares of Zebra Technologies to a "strong-buy" rating in a research report on Wednesday, July 31st. One research analyst has rated the stock with a sell rating, four have given a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $352.73.

Zebra Technologies Company 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.