Zebra Technologies Corp. (NASDAQ:ZBRA) had its target price raised by Imperial Capital from $65.00 to $75.00 in a report published on Monday morning. Imperial Capital currently has an outperform rating on the stock.

ZBRA has been the topic of several other research reports. Northcoast Research downgraded Zebra Technologies Corp. from a buy rating to a neutral rating in a research report on Wednesday, June 29th. Wellington Shields raised Zebra Technologies Corp. from a hold rating to a gradually accumulate rating in a research report on Tuesday, August 9th. Vetr downgraded Zebra Technologies Corp. from a sell rating to a strong sell rating and set a $59.55 price objective on the stock. in a research report on Monday, August 22nd. Credit Agricole SA assumed coverage on Zebra Technologies Corp. in a research report on Wednesday, August 3rd. They issued a buy rating and a $74.00 price objective on the stock. Finally, Zacks Investment Research raised Zebra Technologies Corp. from a strong sell rating to a hold rating in a research report on Wednesday, July 13th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and six have issued a buy rating to the company’s stock. Zebra Technologies Corp. presently has a consensus rating of Buy and an average target price of $76.17.

Shares of Zebra Technologies Corp. (NASDAQ:ZBRA) traded down 2.08% during trading on Monday, hitting $67.25. The stock had a trading volume of 59,775 shares. The stock has a 50-day moving average price of $68.94 and a 200 day moving average price of $60.46. The company’s market cap is $3.55 billion. Zebra Technologies Corp. has a 12 month low of $46.13 and a 12 month high of $83.02.

Zebra Technologies Corp. (NASDAQ:ZBRA) last released its earnings results on Tuesday, August 9th. The company reported $1.34 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.06 by $0.28. The firm had revenue of $879 million for the quarter, compared to the consensus estimate of $869.19 million. Zebra Technologies Corp. had a positive return on equity of 29.18% and a negative net margin of 3.16%. The company’s revenue for the quarter was down 1.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.05 EPS. Equities analysts expect that Zebra Technologies Corp. will post $5.46 EPS for the current fiscal year.

In other news, SVP Jim L. Kaput sold 5,000 shares of the stock in a transaction dated Thursday, August 11th. The stock was sold at an average price of $64.83, for a total value of $324,150.00. Following the transaction, the senior vice president now directly owns 30,103 shares of the company’s stock, valued at $1,951,577.49. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Michael H. Terzich sold 8,819 shares of the stock in a transaction dated Monday, August 15th. The shares were sold at an average price of $68.07, for a total value of $600,309.33. Following the completion of the transaction, the senior vice president now directly owns 40,834 shares in the company, valued at $2,779,570.38. The disclosure for this sale can be found here. 2.50% of the stock is owned by insiders.

Several hedge funds and other institutional investors have recently made changes to their positions in ZBRA. Cambridge Investment Research Advisors Inc. raised its stake in Zebra Technologies Corp. by 0.7% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 4,034 shares of the company’s stock valued at $202,000 after buying an additional 30 shares during the period. IBM Retirement Fund raised its stake in Zebra Technologies Corp. by 0.8% in the second quarter. IBM Retirement Fund now owns 5,236 shares of the company’s stock valued at $262,000 after buying an additional 43 shares during the period. Utah Retirement Systems raised its stake in Zebra Technologies Corp. by 1.1% in the second quarter. Utah Retirement Systems now owns 9,332 shares of the company’s stock valued at $467,000 after buying an additional 100 shares during the period. LaSalle Street Capital Management LLC raised its stake in Zebra Technologies Corp. by 3.5% in the second quarter. LaSalle Street Capital Management LLC now owns 4,507 shares of the company’s stock valued at $226,000 after buying an additional 152 shares during the period. Finally, State Treasurer State of Michigan raised its stake in Zebra Technologies Corp. by 1.0% in the second quarter. State Treasurer State of Michigan now owns 21,000 shares of the company’s stock valued at $1,052,000 after buying an additional 200 shares during the period.

Zebra Technologies Corp. Company Profile

Zebra Technologies Corporation offers enterprise asset intelligence products and services. The Company’s products and services allow customers to manage their assets, transactions and people of their organization. It designs, manufactures and sells a range of products, including enterprise mobile computers; advanced data capture devices; wireless local area network (WLAN) products; real-time location systems; related supplies, and utilities, frameworks and application software.

5 Day Chart for NASDAQ:ZBRA

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