22,874 Zebra Technologies Corporation $ZBRA Shares Sold by Isthmus Partners LLC

Key Points

• Isthmus Partners cut its Zebra Technologies stake by 40.8% in the third quarter, selling 22,874 shares and retaining 33,199 shares valued at approximately $12.4 million. Institutional investors collectively own 91.03% of the company.
• Zebra reported quarterly earnings of $6.35 per share on $1.56 billion in revenue, exceeding analyst expectations, while revenue rose 20.4% year over year. The company issued fiscal 2026 EPS guidance of $20.75–$21.25.
• Analyst sentiment remains favorable, with nine Buy ratings and four Hold ratings producing a consensus “Moderate Buy” rating and an average price target of $385.83; TD Cowen raised its target to $450.

Isthmus Partners LLC reduced its holdings in shares of Zebra Technologies Corporation (NASDAQ:ZBRA - Free Report) by 40.8% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 33,199 shares of the industrial products company's stock after selling 22,874 shares during the quarter. Isthmus Partners LLC owned approximately 0.07% of Zebra Technologies worth $12,394,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Parkside Financial Bank & Trust lifted its stake in Zebra Technologies by 33.7% during the second quarter. Parkside Financial Bank & Trust now owns 222 shares of the industrial products company's stock worth $58,000 after purchasing an additional 56 shares during the last quarter. Community Financial Services Group LLC raised its holdings in Zebra Technologies by 57.0% during the third quarter. Community Financial Services Group LLC now owns 223 shares of the industrial products company's stock worth $84,000 after purchasing an additional 81 shares in the last quarter. Reyes Financial Architecture Inc. acquired a new stake in Zebra Technologies during the third quarter worth approximately $93,000. Root Financial Partners LLC acquired a new stake in Zebra Technologies during the third quarter worth approximately $100,000. Finally, Parallel Advisors LLC lifted its position in shares of Zebra Technologies by 16.4% during the 1st quarter. Parallel Advisors LLC now owns 531 shares of the industrial products company's stock worth $111,000 after buying an additional 75 shares during the last quarter. Hedge funds and other institutional investors own 91.03% of the company's stock.

Zebra Technologies Price Performance

Shares of NASDAQ ZBRA opened at $384.16 on Friday. The stock has a market cap of $18.30 billion, a P/E ratio of 35.15 and a beta of 1.58. Zebra Technologies Corporation has a twelve month low of $199.05 and a twelve month high of $392.78. The stock has a 50 day moving average of $365.86 and a two-hundred day moving average of $295.60. The company has a current ratio of 0.52, a quick ratio of 0.33 and a debt-to-equity ratio of 0.14.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last announced its earnings results on Tuesday, August 4th. The industrial products company reported $6.35 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.36 by $1.99. The business had revenue of $1.56 billion for the quarter, compared to analyst estimates of $1.50 billion. Zebra Technologies had a net margin of 9.22% and a return on equity of 22.29%. The company's revenue for the quarter was up 20.4% compared to the same quarter last year. During the same period last year, the firm posted $3.61 earnings per share. Zebra Technologies has set its Q3 2026 guidance at 4.700-4.900 EPS and its FY 2026 guidance at 20.750-21.250 EPS. On average, research analysts forecast that Zebra Technologies Corporation will post 18.07 earnings per share for the current year.

Analysts Set New Price Targets

Several brokerages have recently issued reports on ZBRA. TD Cowen upped their target price on shares of Zebra Technologies from $400.00 to $450.00 and gave the company a "buy" rating in a report on Wednesday, August 5th. Wolfe Research reiterated an "outperform" rating and set a $317.00 price target on shares of Zebra Technologies in a research note on Thursday, July 9th. Truist Financial boosted their price target on shares of Zebra Technologies from $355.00 to $378.00 and gave the company a "hold" rating in a research report on Monday, October 5th. UBS Group restated a "buy" rating on shares of Zebra Technologies in a research note on Wednesday, August 5th. Finally, Weiss Ratings raised Zebra Technologies from a "hold (c)" rating to a "hold (c+)" rating in a report on Tuesday, October 13th. Nine research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $385.83.

Insiders Place Their Bets

In other Zebra Technologies news, Director Linda Connly sold 500 shares of Zebra Technologies stock in a transaction on Monday, August 10th. The shares were sold at an average price of $377.68, for a total value of $188,840.00. Following the transaction, the director directly owned 3,708 shares in the company, valued at approximately $1,400,437.44. The trade was a 11.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Michael Cho sold 3,500 shares of the company's stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $375.20, for a total transaction of $1,313,200.00. Following the completion of the sale, the insider directly owned 5,170 shares of the company's stock, valued at $1,939,784. The trade was a 40.37% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.91% of the stock is owned by corporate insiders.

Zebra Technologies Profile

Zebra Technologies Corp. NASDAQ: ZBRA develops technologies that help businesses identify, track and manage assets, inventory and operational processes. Its solutions are used by organizations in retail, manufacturing, transportation and logistics, healthcare, government and other industries to improve visibility and productivity across their operations.

The company's portfolio includes barcode and label printers, barcode scanners, mobile computers, radio-frequency identification (RFID) readers and tags, machine-vision systems, fixed industrial scanners and related software.

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