Fuller & Thaler Asset Management Inc. Sells 8,595 Shares of Zebra Technologies Co. (NASDAQ:ZBRA)

Fuller & Thaler Asset Management Inc. reduced its position in Zebra Technologies Co. (NASDAQ:ZBRA - Free Report) by 19.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 36,676 shares of the industrial products company's stock after selling 8,595 shares during the period. Fuller & Thaler Asset Management Inc. owned approximately 0.07% of Zebra Technologies worth $14,165,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Barclays PLC increased its holdings in Zebra Technologies by 2.4% during the 3rd quarter. Barclays PLC now owns 113,177 shares of the industrial products company's stock worth $41,910,000 after purchasing an additional 2,617 shares in the last quarter. Virtu Financial LLC bought a new position in shares of Zebra Technologies during the third quarter valued at about $269,000. Anchor Investment Management LLC boosted its holdings in Zebra Technologies by 390.0% during the third quarter. Anchor Investment Management LLC now owns 294 shares of the industrial products company's stock worth $109,000 after purchasing an additional 234 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new stake in Zebra Technologies in the 3rd quarter worth about $92,000. Finally, Tidal Investments LLC increased its holdings in Zebra Technologies by 12.0% during the third quarter. Tidal Investments LLC now owns 1,860 shares of the industrial products company's stock worth $689,000 after buying an additional 200 shares during the last quarter. Institutional investors own 91.03% of the company's stock.

Insider Activity

In other news, Director Anders Gustafsson purchased 500 shares of the business's stock in a transaction on Monday, February 24th. The shares were acquired at an average price of $311.00 per share, with a total value of $155,500.00. Following the acquisition, the director now directly owns 202,176 shares in the company, valued at approximately $62,876,736. The trade was a 0.25 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 0.84% of the company's stock.

Zebra Technologies Trading Up 0.9 %

Shares of Zebra Technologies stock traded up $2.16 during trading on Friday, reaching $246.24. The company's stock had a trading volume of 530,229 shares, compared to its average volume of 434,763. The company has a market cap of $12.65 billion, a price-to-earnings ratio of 24.19 and a beta of 1.76. The firm's 50-day moving average is $269.94 and its two-hundred day moving average is $346.98. Zebra Technologies Co. has a 52-week low of $205.73 and a 52-week high of $427.76. The company has a quick ratio of 1.03, a current ratio of 1.43 and a debt-to-equity ratio of 0.58.

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

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. UBS Group decreased their price target on shares of Zebra Technologies from $445.00 to $425.00 and set a "buy" rating for the company in a research note on Tuesday, February 18th. Truist Financial dropped their target price on Zebra Technologies from $379.00 to $254.00 and set a "hold" rating on the stock in a research report on Tuesday, April 8th. Needham & Company LLC dropped their price objective on Zebra Technologies from $430.00 to $395.00 and set a "buy" rating on the stock in a report on Friday, February 14th. Morgan Stanley reduced their target price on Zebra Technologies from $390.00 to $232.00 and set an "equal weight" rating for the company in a report on Tuesday, April 8th. Finally, Citigroup cut their price objective on shares of Zebra Technologies from $371.00 to $250.00 and set a "neutral" rating for the company in a research report on Monday, April 14th. Five analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $343.36.

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.