Zebra Technologies Corporation $ZBRA Shares Sold by California State Teachers Retirement System

California State Teachers Retirement System reduced its position in shares of Zebra Technologies Corporation (NASDAQ:ZBRA - Free Report) by 34.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 55,983 shares of the industrial products company's stock after selling 29,615 shares during the period. California State Teachers Retirement System owned 0.12% of Zebra Technologies worth $14,738,085 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Geode Capital Management LLC grew its position in Zebra Technologies by 0.4% during the fourth quarter. Geode Capital Management LLC now owns 1,338,221 shares of the industrial products company's stock valued at $323,697,000 after purchasing an additional 5,224 shares in the last quarter. Dimensional Fund Advisors LP grew its position in shares of Zebra Technologies by 37.0% in the first quarter. Dimensional Fund Advisors LP now owns 686,335 shares of the industrial products company's stock valued at $143,473,000 after purchasing an additional 185,387 shares during the last quarter. Norges Bank acquired a new position in Zebra Technologies during the fourth quarter worth about $134,505,000. Focus Partners Wealth lifted its stake in Zebra Technologies by 2,635.4% in the fourth quarter. Focus Partners Wealth now owns 543,473 shares of the industrial products company's stock valued at $132,575,000 after buying an additional 523,605 shares during the period. Finally, Lazard Asset Management LLC increased its stake in Zebra Technologies by 3.4% in the 1st quarter. Lazard Asset Management LLC now owns 623,965 shares of the industrial products company's stock valued at $130,459,000 after buying an additional 20,567 shares during the last quarter. 91.03% of the stock is currently owned by institutional investors.

Insider Activity at Zebra Technologies

In other Zebra Technologies news, Director Linda Connly sold 500 shares of the stock in a transaction on Monday, August 10th. The stock was sold at an average price of $377.68, for a total transaction of $188,840.00. Following the transaction, the director owned 3,708 shares of the company's stock, valued at $1,400,437.44. This represents a 11.88% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, insider Michael Cho sold 3,500 shares of the company's stock in a transaction on Friday, August 7th. The stock was sold at an average price of $375.20, for a total value of $1,313,200.00. Following the transaction, the insider owned 5,170 shares of the company's stock, valued at approximately $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. Corporate insiders own 0.91% of the company's stock.

Zebra Technologies Trading Down 2.1%

NASDAQ ZBRA traded down $7.46 during trading hours on Tuesday, reaching $344.35. The company's stock had a trading volume of 207,138 shares, compared to its average volume of 826,789. The stock has a market cap of $16.40 billion, a P/E ratio of 31.49 and a beta of 1.60. The firm has a fifty day simple moving average of $325.45 and a 200-day simple moving average of $264.17. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.52 and a quick ratio of 0.33. Zebra Technologies Corporation has a 52 week low of $199.05 and a 52 week high of $386.23.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $6.35 EPS for the quarter, topping analysts' consensus estimates of $4.36 by $1.99. The business had revenue of $1.56 billion during the quarter, compared to analysts' expectations of $1.50 billion. Zebra Technologies had a net margin of 9.22% and a return on equity of 22.29%. The business's quarterly revenue was up 20.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $3.61 EPS. 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. Equities analysts forecast that Zebra Technologies Corporation will post 17.22 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the stock. TD Cowen upped their price target on shares of Zebra Technologies from $400.00 to $450.00 and gave the stock a "buy" rating in a research note on Wednesday, August 5th. Needham & Company LLC lifted their target price on shares of Zebra Technologies from $410.00 to $435.00 and gave the stock a "buy" rating in a research note on Tuesday. Weiss Ratings upgraded Zebra Technologies from a "hold (c-)" rating to a "hold (c)" rating in a research note on Friday, July 17th. BNP Paribas Exane reaffirmed an "outperform" rating and set a $455.00 price objective (up from $370.00) on shares of Zebra Technologies in a research note on Wednesday, August 5th. Finally, UBS Group restated a "buy" rating on shares of Zebra Technologies in a research note on Wednesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, Zebra Technologies currently has a consensus rating of "Moderate Buy" and an average price target of $383.08.

About Zebra Technologies

Zebra Technologies Corporation NASDAQ: ZBRA provides enterprise asset intelligence solutions that help organizations identify, track and manage physical assets, inventory and workflows. Its technologies are used to capture data at the point of activity and connect that information with business systems.

The company offers barcode and label printers, mobile computers, handheld and fixed industrial scanners, RFID readers and printers, machine vision and imaging systems, location solutions, and related software and services.

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