Czech National Bank Acquires 677 Shares of Zebra Technologies Co. (NASDAQ:ZBRA)

Czech National Bank lifted its position in shares of Zebra Technologies Co. (NASDAQ:ZBRA - Free Report) by 6.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,184 shares of the industrial products company's stock after acquiring an additional 677 shares during the quarter. Czech National Bank's holdings in Zebra Technologies were worth $4,319,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of ZBRA. Private Advisor Group LLC grew its holdings in shares of Zebra Technologies by 8.9% during the second quarter. Private Advisor Group LLC now owns 2,187 shares of the industrial products company's stock worth $676,000 after purchasing an additional 178 shares during the last quarter. Acadian Asset Management LLC grew its holdings in Zebra Technologies by 1,087.2% during the 2nd quarter. Acadian Asset Management LLC now owns 1,674 shares of the industrial products company's stock worth $516,000 after acquiring an additional 1,533 shares during the last quarter. Thoroughbred Financial Services LLC acquired a new position in Zebra Technologies in the 2nd quarter valued at approximately $314,000. Oppenheimer Asset Management Inc. raised its stake in shares of Zebra Technologies by 17.7% during the second quarter. Oppenheimer Asset Management Inc. now owns 3,700 shares of the industrial products company's stock valued at $1,143,000 after acquiring an additional 557 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its holdings in shares of Zebra Technologies by 16.5% during the second quarter. Envestnet Asset Management Inc. now owns 304,845 shares of the industrial products company's stock worth $94,176,000 after purchasing an additional 43,111 shares during the period. Institutional investors own 91.03% of the company's stock.

Zebra Technologies Stock Up 0.6 %

NASDAQ:ZBRA traded up $2.47 on Thursday, hitting $402.72. The stock had a trading volume of 303,181 shares, compared to its average volume of 377,538. 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 Co. has a 52 week low of $233.95 and a 52 week high of $413.43. The business's fifty day moving average is $396.66 and its 200 day moving average is $364.32. The company has a market cap of $20.77 billion, a PE ratio of 54.79 and a beta of 1.64.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last issued its earnings results on Tuesday, October 29th. The industrial products company reported $3.49 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.92 by $0.57. The company had revenue of $1.26 billion for 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 EPS. On average, equities research analysts expect that Zebra Technologies Co. will post 11.8 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

ZBRA has been the subject of a number of recent research reports. Morgan Stanley increased their price objective on Zebra Technologies from $400.00 to $427.00 and gave the company an "equal weight" rating in a report on Tuesday, December 17th. Truist Financial lifted their price objective on Zebra Technologies from $408.00 to $409.00 and gave the stock a "hold" rating in a research note on Thursday. Robert W. Baird upped their target price on Zebra Technologies from $380.00 to $415.00 and gave the company an "outperform" rating in a report on Wednesday, October 30th. Citigroup began coverage on shares of Zebra Technologies in a research note on Tuesday. They issued a "neutral" rating and a $430.00 price objective on the stock. Finally, Needham & Company LLC increased their price objective on shares of Zebra Technologies from $394.00 to $430.00 and gave the stock a "buy" rating in a research report on Wednesday, October 30th. Five equities 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 currently has an average rating of "Moderate Buy" and an average price target of $401.25.

Insider Activity

In related news, CFO Nathan Andrew Winters sold 1,837 shares of Zebra Technologies stock in a transaction that occurred on Thursday, October 31st. The stock was sold at an average price of $381.73, for a total transaction of $701,238.01. Following the transaction, the chief financial officer now owns 11,421 shares of the company's stock, valued at $4,359,738.33. The trade was a 13.86 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 1.04% of the company's stock.

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.