Zebra Technologies Co. (NASDAQ:ZBRA) Shares Purchased by MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Zebra Technologies Co. (NASDAQ:ZBRA - Free Report) by 32.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 32,384 shares of the industrial products company's stock after purchasing an additional 7,936 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned approximately 0.06% of Zebra Technologies worth $12,494,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the business. Lazard Asset Management LLC boosted its stake in Zebra Technologies by 1.2% during the fourth quarter. Lazard Asset Management LLC now owns 346,698 shares of the industrial products company's stock valued at $133,901,000 after buying an additional 3,953 shares during the last quarter. LMR Partners LLP boosted its stake in Zebra Technologies by 10.5% during the fourth quarter. LMR Partners LLP now owns 45,007 shares of the industrial products company's stock valued at $17,383,000 after buying an additional 4,272 shares during the last quarter. Janus Henderson Group PLC boosted its stake in Zebra Technologies by 5.9% during the fourth quarter. Janus Henderson Group PLC now owns 6,376 shares of the industrial products company's stock valued at $2,463,000 after buying an additional 357 shares during the last quarter. Gotham Asset Management LLC boosted its stake in Zebra Technologies by 158.1% during the fourth quarter. Gotham Asset Management LLC now owns 45,383 shares of the industrial products company's stock valued at $17,528,000 after buying an additional 27,798 shares during the last quarter. Finally, Graham Capital Management L.P. boosted its stake in Zebra Technologies by 74.1% during the fourth quarter. Graham Capital Management L.P. now owns 23,946 shares of the industrial products company's stock valued at $9,248,000 after buying an additional 10,188 shares during the last quarter. Hedge funds and other institutional investors own 91.03% of the company's stock.

Insider Activity

In other Zebra Technologies news, Director Anders Gustafsson bought 500 shares of the company's stock in a transaction that occurred on Monday, February 24th. The shares were purchased at an average cost of $311.00 per share, for a total transaction of $155,500.00. Following the purchase, the director now directly owns 202,176 shares in the company, valued at $62,876,736. This represents a 0.25% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 0.84% of the company's stock.

Zebra Technologies Stock Down 0.9%

Shares of NASDAQ:ZBRA traded down $2.80 on Monday, reaching $297.82. The company had a trading volume of 404,560 shares, compared to its average volume of 458,539. Zebra Technologies Co. has a 52-week low of $205.73 and a 52-week high of $427.76. The firm's 50 day simple moving average is $259.25 and its 200-day simple moving average is $335.96. The firm has a market capitalization of $15.15 billion, a PE ratio of 29.26 and a beta of 1.74. The company has a current ratio of 1.43, a quick ratio of 1.03 and a debt-to-equity ratio of 0.58.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last announced its quarterly earnings results on Tuesday, April 29th. The industrial products company reported $4.02 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.60 by $0.42. Zebra Technologies had a return on equity of 18.34% and a net margin of 10.60%. The business had revenue of $1.31 billion for the quarter, compared to the consensus estimate of $1.29 billion. During the same period last year, the business posted $2.84 EPS. The business's revenue was up 11.3% compared to the same quarter last year. As a group, analysts expect that Zebra Technologies Co. will post 13.71 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on ZBRA. Morgan Stanley lowered their price objective on Zebra Technologies from $390.00 to $232.00 and set an "equal weight" rating for the company in a research note on Tuesday, April 8th. Truist Financial lowered their price objective on Zebra Technologies from $379.00 to $254.00 and set a "hold" rating for the company in a research note on Tuesday, April 8th. Barclays decreased their price target on Zebra Technologies from $326.00 to $263.00 and set an "equal weight" rating for the company in a research note on Wednesday, April 30th. Robert W. Baird raised their price target on Zebra Technologies from $286.00 to $290.00 and gave the stock an "outperform" rating in a research note on Wednesday, April 30th. Finally, Needham & Company LLC decreased their price target on Zebra Technologies from $395.00 to $325.00 and set a "buy" rating for the company in a research note on Wednesday, April 30th. Six investment analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $321.73.

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.