Zebra Technologies Co. (NASDAQ:ZBRA) Shares Sold by Stifel Financial Corp

Stifel Financial Corp decreased its holdings in Zebra Technologies Co. (NASDAQ:ZBRA - Free Report) by 4.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 64,824 shares of the industrial products company's stock after selling 2,678 shares during the period. Stifel Financial Corp owned about 0.13% of Zebra Technologies worth $24,006,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of ZBRA. Cetera Investment Advisers grew its stake in shares of Zebra Technologies by 262.3% during the first quarter. Cetera Investment Advisers now owns 8,271 shares of the industrial products company's stock worth $2,493,000 after purchasing an additional 5,988 shares in the last quarter. Cetera Advisors LLC grew its stake in shares of Zebra Technologies by 51.9% during the first quarter. Cetera Advisors LLC now owns 1,774 shares of the industrial products company's stock worth $535,000 after purchasing an additional 606 shares in the last quarter. CWM LLC grew its stake in shares of Zebra Technologies by 18.9% during the second quarter. CWM LLC now owns 1,690 shares of the industrial products company's stock worth $522,000 after purchasing an additional 269 shares in the last quarter. Czech National Bank grew its stake in shares of Zebra Technologies by 8.4% during the second quarter. Czech National Bank now owns 9,798 shares of the industrial products company's stock worth $3,027,000 after purchasing an additional 762 shares in the last quarter. Finally, LVW Advisors LLC grew its stake in shares of Zebra Technologies by 9.5% during the second quarter. LVW Advisors LLC now owns 2,275 shares of the industrial products company's stock worth $703,000 after purchasing an additional 198 shares in the last quarter. Institutional investors and hedge funds own 91.03% of the company's stock.

Zebra Technologies Stock Performance

NASDAQ ZBRA traded up $1.91 during trading hours on Monday, hitting $411.23. 259,578 shares of the stock were exchanged, compared to its average volume of 359,145. The company has a market cap of $21.21 billion, a price-to-earnings ratio of 55.69 and a beta of 1.64. Zebra Technologies Co. has a 12-month low of $233.95 and a 12-month high of $413.43. The stock has a 50-day moving average of $384.73 and a 200 day moving average of $347.48. The company has a quick ratio of 0.96, a current ratio of 1.37 and a debt-to-equity ratio of 0.61.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last posted its quarterly earnings results on Tuesday, October 29th. The industrial products company reported $3.49 earnings per share (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 net margin of 8.20% and a return on equity of 15.56%. The firm's revenue for the quarter was up 31.3% on a year-over-year basis. During the same period in the prior year, the company posted $0.57 earnings per share. As a group, equities research analysts forecast that Zebra Technologies Co. will post 12.4 earnings per share for the current year.

Insider Buying and Selling

In other Zebra Technologies news, CFO Nathan Andrew Winters sold 1,837 shares of the company's stock in a transaction dated Thursday, October 31st. The shares were sold at an average price of $381.73, for a total transaction of $701,238.01. Following the transaction, the chief financial officer now directly owns 11,421 shares in the company, valued at approximately $4,359,738.33. This represents a 13.86 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 1.04% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on ZBRA shares. Barclays boosted their price target on shares of Zebra Technologies from $347.00 to $407.00 and gave the company an "equal weight" rating in a research report on Thursday, October 31st. TD Cowen boosted their price target on shares of Zebra Technologies from $380.00 to $425.00 and gave the company a "buy" rating in a research report on Wednesday, October 30th. StockNews.com raised shares of Zebra Technologies from a "hold" rating to a "buy" rating in a research report on Thursday, October 31st. Robert W. Baird boosted their price target on shares of Zebra Technologies from $380.00 to $415.00 and gave the company an "outperform" rating in a research report on Wednesday, October 30th. Finally, Needham & Company LLC boosted 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, October 30th. Four equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, Zebra Technologies currently has a consensus rating of "Moderate Buy" and an average price target of $393.82.

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.