4,458 Shares in Zebra Technologies Co. (NASDAQ:ZBRA) Acquired by F M Investments LLC

F M Investments LLC bought a new position in Zebra Technologies Co. (NASDAQ:ZBRA - Free Report) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 4,458 shares of the industrial products company's stock, valued at approximately $1,643,000.

A number of other institutional investors and hedge funds have also made changes to their positions in ZBRA. Sequoia Financial Advisors LLC bought a new stake in Zebra Technologies during the third quarter valued at about $247,000. SG Americas Securities LLC raised its stake in Zebra Technologies by 105.5% during the first quarter. SG Americas Securities LLC now owns 15,300 shares of the industrial products company's stock worth $4,612,000 after purchasing an additional 7,853 shares during the period. Tidal Investments LLC raised its holdings in Zebra Technologies by 172.3% in the 1st quarter. Tidal Investments LLC now owns 3,828 shares of the industrial products company's stock valued at $1,154,000 after buying an additional 2,422 shares during the period. Park Avenue Securities LLC boosted its position in shares of Zebra Technologies by 23.0% during the second quarter. Park Avenue Securities LLC now owns 8,788 shares of the industrial products company's stock worth $2,715,000 after buying an additional 1,643 shares during the period. Finally, Envestnet Portfolio Solutions Inc. increased its stake in Zebra Technologies by 24.2% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 15,290 shares of the industrial products company's stock worth $4,724,000 after buying an additional 2,979 shares during the period. 91.03% of the stock is owned by hedge funds and other institutional investors.

Zebra Technologies Stock Up 0.7 %

Zebra Technologies stock traded up $2.67 during mid-day trading on Friday, hitting $384.64. 523,306 shares of the company's stock were exchanged, compared to its average volume of 396,200. The company has a current ratio of 1.37, a quick ratio of 0.84 and a debt-to-equity ratio of 0.61. The stock has a 50 day moving average of $359.28 and a two-hundred day moving average of $331.39. The stock has a market cap of $19.84 billion, a P/E ratio of 52.33 and a beta of 1.64. Zebra Technologies Co. has a 1-year low of $198.19 and a 1-year high of $394.57.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last issued its earnings results on Tuesday, October 29th. The industrial products company reported $3.49 EPS for the quarter, topping the consensus estimate of $2.92 by $0.57. The firm had revenue of $1.26 billion during the quarter, compared to analysts' expectations of $1.22 billion. Zebra Technologies had a return on equity of 15.56% and a net margin of 8.20%. Zebra Technologies's quarterly revenue was up 31.3% compared to the same quarter last year. During the same period last year, the business earned $0.57 earnings per share. As a group, analysts anticipate that Zebra Technologies Co. will post 11.09 EPS for the current fiscal year.

Insider Buying and Selling

In other Zebra Technologies news, insider Jeffrey F. Schmitz sold 1,000 shares of Zebra Technologies stock in a transaction dated Thursday, August 15th. The stock was sold at an average price of $341.69, for a total value of $341,690.00. Following the sale, the insider now owns 9,694 shares of the company's stock, valued at $3,312,342.86. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 1.06% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on ZBRA. UBS Group upped their price objective on Zebra Technologies from $390.00 to $445.00 and gave the stock a "buy" rating in a research report on Wednesday. TD Cowen increased their price objective on Zebra Technologies from $380.00 to $425.00 and gave the stock a "buy" rating in a research report on Wednesday. Needham & Company LLC increased their price target on shares of Zebra Technologies from $394.00 to $430.00 and gave the company a "buy" rating in a research report on Wednesday. Redburn Atlantic raised shares of Zebra Technologies to a "strong-buy" rating in a research note on Wednesday, July 31st. Finally, Truist Financial reiterated a "hold" rating and set a $383.00 price objective (up from $379.00) on shares of Zebra Technologies in a report on Wednesday. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $385.18.

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.