Zebra Technologies Co. (NASDAQ:ZBRA) Shares Acquired by Skandinaviska Enskilda Banken AB publ

Skandinaviska Enskilda Banken AB publ grew its position in Zebra Technologies Co. (NASDAQ:ZBRA - Free Report) by 203.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 32,411 shares of the industrial products company's stock after buying an additional 21,742 shares during the quarter. Skandinaviska Enskilda Banken AB publ owned 0.06% of Zebra Technologies worth $12,434,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Achmea Investment Management B.V. purchased a new position in Zebra Technologies in the fourth quarter valued at $748,000. Avantax Advisory Services Inc. boosted its holdings in Zebra Technologies by 6.9% in the fourth quarter. Avantax Advisory Services Inc. now owns 2,092 shares of the industrial products company's stock valued at $808,000 after purchasing an additional 135 shares during the period. EverSource Wealth Advisors LLC boosted its holdings in Zebra Technologies by 2.4% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,341 shares of the industrial products company's stock valued at $518,000 after purchasing an additional 32 shares during the period. Sequoia Financial Advisors LLC boosted its holdings in Zebra Technologies by 172.9% in the fourth quarter. Sequoia Financial Advisors LLC now owns 1,820 shares of the industrial products company's stock valued at $703,000 after purchasing an additional 1,153 shares during the period. Finally, HighTower Advisors LLC boosted its holdings in Zebra Technologies by 72.6% in the fourth quarter. HighTower Advisors LLC now owns 10,223 shares of the industrial products company's stock valued at $3,948,000 after purchasing an additional 4,300 shares during the period. 91.03% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on ZBRA. Morgan Stanley decreased their target price on Zebra Technologies from $427.00 to $390.00 and set an "equal weight" rating for the company in a report on Friday, February 14th. Truist Financial decreased their target price on Zebra Technologies from $409.00 to $379.00 and set a "hold" rating for the company in a report on Friday, February 14th. UBS Group decreased their price target on Zebra Technologies from $445.00 to $425.00 and set a "buy" rating for the company in a report on Tuesday, February 18th. Robert W. Baird decreased their price target on Zebra Technologies from $432.00 to $380.00 and set an "outperform" rating for the company in a report on Tuesday, February 18th. Finally, Needham & Company LLC decreased their price target on Zebra Technologies from $430.00 to $395.00 and set a "buy" rating for the company in a report on Friday, February 14th. Five 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. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $381.42.

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Insider Activity at Zebra Technologies

In related news, Director Anders Gustafsson purchased 500 shares of the company's stock in a transaction that occurred on Monday, February 24th. The shares were purchased at an average price of $311.00 per share, for a total transaction of $155,500.00. Following the transaction, the director now directly owns 202,176 shares of the company's stock, valued at approximately $62,876,736. The trade was a 0.25 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 1.04% of the stock is currently owned by insiders.

Zebra Technologies Stock Up 2.7 %

ZBRA opened at $278.97 on Friday. The business's 50-day simple moving average is $353.87 and its 200-day simple moving average is $369.03. 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 one year low of $266.75 and a one year high of $427.76. The stock has a market capitalization of $14.33 billion, a P/E ratio of 27.40 and a beta of 1.68.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last posted its earnings results on Thursday, February 13th. The industrial products company reported $3.62 EPS for the quarter, missing analysts' consensus estimates of $3.85 by ($0.23). The firm had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.31 billion. Zebra Technologies had a return on equity of 18.34% and a net margin of 10.60%. Analysts anticipate that Zebra Technologies Co. will post 13.71 EPS for the current year.

Zebra Technologies 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.

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