Alta Capital Management LLC Has $32.51 Million Stock Holdings in Zebra Technologies Co. (NASDAQ:ZBRA)

Alta Capital Management LLC decreased its position in shares of Zebra Technologies Co. (NASDAQ:ZBRA - Free Report) by 2.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 118,937 shares of the industrial products company's stock after selling 3,589 shares during the quarter. Zebra Technologies comprises about 2.1% of Alta Capital Management LLC's investment portfolio, making the stock its 23rd largest holding. Alta Capital Management LLC owned about 0.23% of Zebra Technologies worth $32,509,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Zions Bancorporation N.A. boosted its holdings in shares of Zebra Technologies by 1,100.0% during the first quarter. Zions Bancorporation N.A. now owns 60 shares of the industrial products company's stock valued at $25,000 after acquiring an additional 55 shares during the period. Clear Street Markets LLC raised its stake in shares of Zebra Technologies by 92.5% during the first quarter. Clear Street Markets LLC now owns 102 shares of the industrial products company's stock valued at $32,000 after purchasing an additional 49 shares in the last quarter. Benjamin Edwards Inc. raised its stake in shares of Zebra Technologies by 130.2% during the second quarter. Benjamin Edwards Inc. now owns 122 shares of the industrial products company's stock valued at $36,000 after purchasing an additional 69 shares in the last quarter. West Tower Group LLC bought a new stake in shares of Zebra Technologies during the second quarter valued at about $37,000. Finally, First Horizon Advisors Inc. raised its stake in shares of Zebra Technologies by 60.2% during the third quarter. First Horizon Advisors Inc. now owns 149 shares of the industrial products company's stock valued at $35,000 after purchasing an additional 56 shares in the last quarter. Institutional investors and hedge funds own 91.03% of the company's stock.

Zebra Technologies Trading Down 0.1 %

NASDAQ ZBRA traded down $0.44 on Monday, hitting $301.00. 407,369 shares of the company were exchanged, compared to its average volume of 393,667. The company's 50 day moving average price is $272.36 and its 200-day moving average price is $247.57. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.05 and a quick ratio of 0.54. The firm has a market capitalization of $15.47 billion, a P/E ratio of 52.62 and a beta of 1.79. Zebra Technologies Co. has a twelve month low of $194.59 and a twelve month high of $320.55.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last posted its quarterly earnings data on Thursday, February 15th. The industrial products company reported $1.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.62 by $0.09. The firm had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $1 billion. Zebra Technologies had a return on equity of 15.30% and a net margin of 6.46%. The business's revenue for the quarter was down 32.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $4.43 EPS. Analysts predict that Zebra Technologies Co. will post 9.76 earnings per share for the current fiscal year.

Insider Buying and Selling at Zebra Technologies

In other Zebra Technologies news, CAO Colleen M. O'sullivan sold 135 shares of Zebra Technologies stock in a transaction dated Friday, February 23rd. The stock was sold at an average price of $279.36, for a total transaction of $37,713.60. Following the transaction, the chief accounting officer now owns 5,543 shares of the company's stock, valued at approximately $1,548,492.48. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 1.06% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on ZBRA. Truist Financial began coverage on shares of Zebra Technologies in a research note on Thursday, March 14th. They set a "hold" rating and a $300.00 price objective on the stock. StockNews.com cut shares of Zebra Technologies from a "hold" rating to a "sell" rating in a research report on Friday, February 16th. Three investment analysts have rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $270.67.

Zebra Technologies 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.