Zebra Technologies Corporation $ZBRA Shares Sold by Jump Financial LLC

Jump Financial LLC lowered its stake in Zebra Technologies Corporation (NASDAQ:ZBRA - Free Report) by 87.2% during the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,377 shares of the industrial products company's stock after selling 9,410 shares during the quarter. Jump Financial LLC's holdings in Zebra Technologies were worth $389,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Investment Management Corp VA ADV purchased a new stake in Zebra Technologies in the 4th quarter valued at approximately $27,000. Zions Bancorporation National Association UT purchased a new stake in Zebra Technologies in the 1st quarter valued at approximately $27,000. Cary Street Partners Investment Advisory LLC purchased a new stake in Zebra Technologies in the 1st quarter valued at approximately $29,000. Migdal Insurance & Financial Holdings Ltd. purchased a new stake in Zebra Technologies in the 1st quarter valued at approximately $30,000. Finally, Brooklyn Investment Group lifted its stake in Zebra Technologies by 101.9% in the 1st quarter. Brooklyn Investment Group now owns 107 shares of the industrial products company's stock valued at $30,000 after buying an additional 54 shares in the last quarter. Hedge funds and other institutional investors own 91.03% of the company's stock.

Analysts Set New Price Targets

A number of brokerages have weighed in on ZBRA. Barclays set a $301.00 price target on Zebra Technologies and gave the stock an "equal weight" rating in a research note on Tuesday, August 5th. BNP Paribas Exane raised Zebra Technologies from a "neutral" rating to an "outperform" rating and set a $408.00 price target on the stock in a research note on Thursday, July 10th. Morgan Stanley increased their price target on Zebra Technologies from $280.00 to $300.00 and gave the stock an "equal weight" rating in a research note on Wednesday, August 6th. Citigroup reissued a "neutral" rating and set a $342.00 price target (up previously from $280.00) on shares of Zebra Technologies in a research note on Monday, July 14th. Finally, Needham & Company LLC increased their price target on Zebra Technologies from $325.00 to $345.00 and gave the stock a "buy" rating in a research note on Wednesday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and four have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, Zebra Technologies currently has an average rating of "Moderate Buy" and a consensus target price of $357.44.

Zebra Technologies Trading Up 0.8%

Shares of ZBRA traded up $2.55 during trading hours on Friday, hitting $313.80. The stock had a trading volume of 454,927 shares, compared to its average volume of 463,015. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.03 and a current ratio of 1.46. The firm has a market cap of $15.96 billion, a P/E ratio of 29.63 and a beta of 1.79. The company's fifty day simple moving average is $322.03 and its 200 day simple moving average is $292.34. Zebra Technologies Corporation has a 12-month low of $205.73 and a 12-month high of $427.76.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last announced its quarterly earnings results on Tuesday, August 5th. The industrial products company reported $3.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.31 by $0.30. Zebra Technologies had a return on equity of 18.95% and a net margin of 10.56%.The firm had revenue of $1.29 billion during the quarter, compared to the consensus estimate of $1.29 billion. During the same period in the prior year, the firm earned $3.18 EPS. The firm's quarterly revenue was up 6.2% compared to the same quarter last year. Zebra Technologies has set its FY 2025 guidance at 15.250-15.750 EPS. Q3 2025 guidance at 3.600-3.800 EPS. Equities research analysts forecast that Zebra Technologies Corporation will post 13.71 EPS for the current fiscal year.

Zebra Technologies announced that its Board of Directors has initiated a stock repurchase plan on Tuesday, August 5th that authorizes the company to repurchase $250.00 million in shares. This repurchase authorization authorizes the industrial products company to repurchase up to 1.4% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's management believes its shares are undervalued.

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.