Zebra Technologies Co. (NASDAQ:ZBRA) Shares Sold by DekaBank Deutsche Girozentrale

DekaBank Deutsche Girozentrale reduced its position in shares of Zebra Technologies Co. (NASDAQ:ZBRA - Free Report) by 65.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 26,113 shares of the industrial products company's stock after selling 49,692 shares during the quarter. DekaBank Deutsche Girozentrale owned about 0.05% of Zebra Technologies worth $7,111,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ZBRA. Zions Bancorporation N.A. increased its stake in shares of Zebra Technologies by 1,100.0% in the 1st 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 last quarter. Clear Street Markets LLC increased its stake in shares of Zebra Technologies by 92.5% in the 1st quarter. Clear Street Markets LLC now owns 102 shares of the industrial products company's stock valued at $32,000 after acquiring an additional 49 shares during the last quarter. First Horizon Advisors Inc. increased its stake in Zebra Technologies by 60.2% during the 3rd quarter. First Horizon Advisors Inc. now owns 149 shares of the industrial products company's stock worth $35,000 after purchasing an additional 56 shares in the last quarter. Benjamin Edwards Inc. increased its stake in Zebra Technologies by 130.2% during the 2nd quarter. Benjamin Edwards Inc. now owns 122 shares of the industrial products company's stock worth $36,000 after purchasing an additional 69 shares in the last quarter. Finally, Centerpoint Advisors LLC bought a new stake in Zebra Technologies during the 3rd quarter worth approximately $59,000. 91.03% of the stock is owned by institutional investors.

Zebra Technologies Stock Down 0.8 %

Shares of NASDAQ ZBRA traded down $2.37 during trading hours on Thursday, hitting $297.54. The company had a trading volume of 270,531 shares, compared to its average volume of 386,153. The stock has a market capitalization of $15.29 billion, a P/E ratio of 52.11 and a beta of 1.79. The company has a quick ratio of 0.54, a current ratio of 1.05 and a debt-to-equity ratio of 0.67. Zebra Technologies Co. has a 1-year low of $194.59 and a 1-year high of $320.55. The firm's 50 day moving average is $279.48 and its 200-day moving average is $250.55.

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

Wall Street Analyst Weigh In

ZBRA has been the subject of a number of research reports. Wolfe Research raised Zebra Technologies from a "peer perform" rating to an "outperform" rating and set a $337.00 target price for the company in a research note on Monday. Truist Financial assumed coverage on Zebra Technologies in a research note on Thursday, March 14th. They set a "hold" rating and a $300.00 target price for the company. StockNews.com downgraded Zebra Technologies from a "hold" rating to a "sell" rating in a research report on Friday, February 16th. Finally, Barclays assumed coverage on Zebra Technologies in a research report on Tuesday, April 2nd. They set an "equal weight" rating and a $292.00 price target for the company. Three analysts have rated the stock with a sell rating, three have assigned a hold rating and seven have assigned a buy rating to the company's stock. According to MarketBeat.com, Zebra Technologies currently has an average rating of "Hold" and a consensus price target of $278.64.

Insider Buying and Selling at Zebra Technologies

In other Zebra Technologies news, CAO Colleen M. O'sullivan sold 135 shares of the stock in a transaction on 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 in the company, valued at approximately $1,548,492.48. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 1.04% of the company's stock.

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.