Jump Financial LLC Grows Stock Position in Zebra Technologies Co. (NASDAQ:ZBRA)

Jump Financial LLC grew its holdings in shares of Zebra Technologies Co. (NASDAQ:ZBRA - Free Report) by 232.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,787 shares of the industrial products company's stock after buying an additional 7,544 shares during the quarter. Jump Financial LLC's holdings in Zebra Technologies were worth $4,166,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Wellington Management Group LLP grew its holdings in Zebra Technologies by 5.6% during the third quarter. Wellington Management Group LLP now owns 3,457 shares of the industrial products company's stock worth $1,280,000 after buying an additional 183 shares in the last quarter. Barclays PLC boosted its holdings in Zebra Technologies by 2.4% during the third quarter. Barclays PLC now owns 113,177 shares of the industrial products company's stock worth $41,910,000 after purchasing an additional 2,617 shares during the last quarter. Virtu Financial LLC bought a new stake in Zebra Technologies in the 3rd quarter worth about $269,000. Anchor Investment Management LLC increased its stake in Zebra Technologies by 390.0% in the 3rd quarter. Anchor Investment Management LLC now owns 294 shares of the industrial products company's stock valued at $109,000 after buying an additional 234 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB bought a new position in shares of Zebra Technologies during the 3rd quarter worth approximately $92,000. Institutional investors and hedge funds own 91.03% of the company's stock.

Zebra Technologies Trading Up 1.3 %

ZBRA traded up $2.95 on Tuesday, hitting $225.00. 67,731 shares of the company were exchanged, compared to its average volume of 431,638. The firm has a fifty day simple moving average of $276.73 and a two-hundred day simple moving average of $350.50. Zebra Technologies Co. has a 12 month low of $205.73 and a 12 month high of $427.76. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.03 and a current ratio of 1.43. The stock has a market capitalization of $11.56 billion, a PE ratio of 22.14 and a beta of 1.76.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last posted its earnings results on Thursday, February 13th. The industrial products company reported $3.62 EPS for the quarter, missing the consensus estimate of $3.85 by ($0.23). Zebra Technologies had a return on equity of 18.34% and a net margin of 10.60%. The company had revenue of $1.33 billion during the quarter, compared to analysts' expectations of $1.31 billion. Sell-side analysts expect that Zebra Technologies Co. will post 13.71 earnings per share for the current year.

Insider Transactions at Zebra Technologies

In other news, Director Anders Gustafsson bought 500 shares of the firm's stock in a transaction on Monday, February 24th. The stock was acquired at an average cost of $311.00 per share, with a total value 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 represents a 0.25 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.84% of the company's stock.

Wall Street Analysts Forecast Growth

ZBRA has been the subject of a number of research analyst reports. Robert W. Baird decreased their price objective on shares of Zebra Technologies from $432.00 to $380.00 and set an "outperform" rating for the company in a report on Tuesday, February 18th. UBS Group reduced their price objective on Zebra Technologies from $445.00 to $425.00 and set a "buy" rating for the company in a report on Tuesday, February 18th. Truist Financial decreased their price objective on Zebra Technologies from $379.00 to $254.00 and set a "hold" rating for the company in a report on Tuesday, April 8th. Morgan Stanley cut their target price on shares of Zebra Technologies from $390.00 to $232.00 and set an "equal weight" rating for the company in a research report on Tuesday, April 8th. Finally, Barclays lowered their price target on shares of Zebra Technologies from $407.00 to $326.00 and set an "equal weight" rating on the stock in a research report on Friday, February 14th. Five equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $343.36.

Zebra Technologies Company 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.