Aquatic Capital Management LLC Purchases 12,086 Shares of Zebra Technologies Co. (NASDAQ:ZBRA)

Aquatic Capital Management LLC boosted its stake in Zebra Technologies Co. (NASDAQ:ZBRA - Free Report) by 308.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,006 shares of the industrial products company's stock after purchasing an additional 12,086 shares during the period. Aquatic Capital Management LLC's holdings in Zebra Technologies were worth $6,182,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Creative Financial Designs Inc. ADV boosted its position in shares of Zebra Technologies by 102.9% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 71 shares of the industrial products company's stock worth $27,000 after buying an additional 36 shares during the period. Sierra Ocean LLC purchased a new position in Zebra Technologies in the 4th quarter worth approximately $28,000. Picton Mahoney Asset Management acquired a new stake in Zebra Technologies in the fourth quarter valued at approximately $31,000. Avalon Trust Co purchased a new stake in shares of Zebra Technologies during the fourth quarter valued at approximately $35,000. Finally, Coppell Advisory Solutions LLC acquired a new position in shares of Zebra Technologies during the fourth quarter worth $36,000. 91.03% of the stock is currently owned by institutional investors and hedge funds.

Zebra Technologies Stock Performance

Zebra Technologies stock traded down $0.68 on Thursday, hitting $249.64. The company's stock had a trading volume of 507,724 shares, compared to its average volume of 441,244. The firm has a market cap of $12.83 billion, a P/E ratio of 24.52 and a beta of 1.76. 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 Co. has a one year low of $205.73 and a one year high of $427.76. The company has a fifty day moving average price of $265.80 and a 200-day moving average price of $344.63.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last announced its quarterly earnings results on Tuesday, April 29th. The industrial products company reported $4.02 EPS for the quarter, beating the consensus estimate of $3.60 by $0.42. Zebra Technologies had a return on equity of 18.34% and a net margin of 10.60%. The business had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.29 billion. During the same quarter in the previous year, the firm earned $2.84 EPS. Zebra Technologies's quarterly revenue was up 11.3% on a year-over-year basis. On average, equities analysts anticipate that Zebra Technologies Co. will post 13.71 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on ZBRA. Truist Financial cut their target price on shares of Zebra Technologies from $379.00 to $254.00 and set a "hold" rating on the stock in a research note on Tuesday, April 8th. Citigroup lowered their price target 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. Barclays lowered their price target on Zebra Technologies from $326.00 to $263.00 and set an "equal weight" rating on the stock in a report on Wednesday. UBS Group decreased their price objective on shares of Zebra Technologies from $425.00 to $410.00 and set a "buy" rating for the company in a report on Wednesday. Finally, Robert W. Baird upped their price objective on Zebra Technologies from $286.00 to $290.00 and gave the company an "outperform" rating in a report on Wednesday. Five equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $321.73.

Insider Transactions at Zebra Technologies

In other Zebra Technologies news, Director Anders Gustafsson bought 500 shares of the firm's stock in a transaction dated Monday, February 24th. The shares were bought at an average price of $311.00 per share, for a total transaction of $155,500.00. Following the completion of the acquisition, the director now owns 202,176 shares of the company's stock, valued at approximately $62,876,736. This trade represents a 0.25 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 0.84% 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.