Insider Selling: Zebra Technologies (NASDAQ:ZBRA) Director Sells 500 Shares

Key Points

• Zebra Technologies director Linda Connly sold 500 shares at an average price of $377.68, generating $188,840 and reducing her stake by 11.88% to 3,708 shares.
• Zebra shares rose 1.3% to $383.06, near their 12-month high of $385.11. The company recently reported quarterly EPS of $6.35 and revenue of $1.56 billion, exceeding analyst expectations.
• Analysts maintain a generally positive outlook, with nine Buy ratings and four Holds; the consensus rating is Moderate Buy with a $381 price target, while several firms recently raised targets as high as $455.

Zebra Technologies Corporation (NASDAQ:ZBRA - Get Free Report) Director Linda Connly sold 500 shares of Zebra Technologies stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $377.68, for a total transaction of $188,840.00. Following the sale, the director owned 3,708 shares of the company's stock, valued at $1,400,437.44. The trade was a 11.88% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Zebra Technologies Trading Up 1.3%

ZBRA stock traded up $4.98 during mid-day trading on Tuesday, reaching $383.06. The company had a trading volume of 578,784 shares, compared to its average volume of 868,590. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.52 and a quick ratio of 0.33. The company has a market capitalization of $18.25 billion, a PE ratio of 35.05 and a beta of 1.58. The firm has a 50 day moving average of $267.48 and a 200 day moving average of $244.29. Zebra Technologies Corporation has a 12 month low of $199.05 and a 12 month high of $385.11.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last issued its 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 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 quarterly revenue was up 20.4% compared to the same quarter last year. During the same period last year, the company 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, equities analysts predict that Zebra Technologies Corporation will post 15.62 earnings per share for the current fiscal year.

Institutional Trading of Zebra Technologies

Hedge funds have recently bought and sold shares of the stock. Westport Asset Management Inc. bought a new stake in Zebra Technologies during the 2nd quarter valued at $9,039,000. Great Lakes Advisors LLC bought a new position in shares of Zebra Technologies in the 2nd quarter worth $703,000. Plato Investment Management Ltd bought a new position in shares of Zebra Technologies in the 2nd quarter worth $575,000. Fulton Bank N.A. lifted its stake in shares of Zebra Technologies by 2.3% during the 2nd quarter. Fulton Bank N.A. now owns 1,720 shares of the industrial products company's stock worth $453,000 after purchasing an additional 38 shares during the last quarter. Finally, Revolve Wealth Partners LLC purchased a new stake in shares of Zebra Technologies during the 2nd quarter worth $547,000. Hedge funds and other institutional investors own 91.03% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on ZBRA shares. Northcoast Research decreased their target price on Zebra Technologies from $364.00 to $344.00 and set a "buy" rating for the company in a research report on Monday, April 27th. 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 restated an "outperform" rating and issued a $455.00 price objective (up from $370.00) on shares of Zebra Technologies in a report on Wednesday, August 5th. KeyCorp increased their target price on shares of Zebra Technologies from $305.00 to $430.00 and gave the stock an "overweight" rating in a report on Wednesday, August 5th. Finally, Needham & Company LLC raised their target price on shares of Zebra Technologies from $345.00 to $410.00 and gave the company a "buy" rating in a research report on Wednesday, August 5th. Nine equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $381.00.

About Zebra Technologies

Zebra Technologies Corporation is a global technology company specializing in marking, tracking and computer printing solutions. The company produces a wide range of hardware and software products designed to enable real-time visibility of assets, inventory and personnel across diverse industries. Its offerings help businesses automate data capture and streamline operations in environments such as retail, healthcare, manufacturing, transportation and logistics.

The company's product portfolio includes barcode and RFID printers, mobile computing devices, barcode scanners, RFID readers and related supplies such as labels and tags.

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