First Quadrant L P CA continued to hold its position in shares of Zebra Technologies Corporation (NASDAQ:ZBRA) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 22,600 shares of the industrial products company’s stock at the end of the second quarter. First Quadrant L P CA’s holdings in Zebra Technologies Corporation were worth $2,272,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. CAPROCK Group Inc. increased its stake in shares of Zebra Technologies Corporation by 0.3% in the first quarter. CAPROCK Group Inc. now owns 3,906 shares of the industrial products company’s stock worth $356,000 after buying an additional 10 shares during the period. Meadow Creek Investment Management LLC increased its position in shares of Zebra Technologies Corporation by 3.8% in the first quarter. Meadow Creek Investment Management LLC now owns 1,312 shares of the industrial products company’s stock worth $120,000 after buying an additional 48 shares during the last quarter. Neuburgh Advisers LLC increased its position in shares of Zebra Technologies Corporation by 3.8% in the first quarter. Neuburgh Advisers LLC now owns 1,804 shares of the industrial products company’s stock worth $165,000 after buying an additional 66 shares during the last quarter. Tyers Asset Management LLC increased its position in shares of Zebra Technologies Corporation by 3.8% in the first quarter. Tyers Asset Management LLC now owns 2,296 shares of the industrial products company’s stock worth $210,000 after buying an additional 84 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its position in shares of Zebra Technologies Corporation by 0.5% in the first quarter. Envestnet Asset Management Inc. now owns 16,772 shares of the industrial products company’s stock worth $1,531,000 after buying an additional 90 shares during the last quarter. 94.85% of the stock is currently owned by institutional investors.

Shares of Zebra Technologies Corporation (NASDAQ:ZBRA) traded down 0.15% during midday trading on Friday, hitting $102.92. The stock had a trading volume of 258,533 shares. Zebra Technologies Corporation has a one year low of $62.91 and a one year high of $109.30. The firm’s 50-day moving average price is $101.06 and its 200-day moving average price is $95.99. The firm’s market capitalization is $5.47 billion.

Zebra Technologies Corporation (NASDAQ:ZBRA) last announced its quarterly earnings data on Tuesday, August 8th. The industrial products company reported $1.51 EPS for the quarter, topping analysts’ consensus estimates of $1.34 by $0.17. Zebra Technologies Corporation had a positive return on equity of 38.88% and a negative net margin of 1.14%. The business had revenue of $897 million during the quarter, compared to analysts’ expectations of $876.90 million. During the same period in the previous year, the firm earned $1.34 earnings per share. The firm’s quarterly revenue was up 2.0% compared to the same quarter last year. On average, equities analysts predict that Zebra Technologies Corporation will post $6.67 EPS for the current year.

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A number of research analysts recently commented on ZBRA shares. Zacks Investment Research downgraded Zebra Technologies Corporation from a “buy” rating to a “hold” rating in a research note on Tuesday, May 2nd. Morgan Stanley downgraded Zebra Technologies Corporation from an “overweight” rating to an “equal weight” rating and upped their price objective for the stock from $95.00 to $100.00 in a research note on Wednesday, May 31st. They noted that the move was a valuation call. Wells Fargo & Company cut Zebra Technologies Corporation from an “outperform” rating to a “market perform” rating in a research note on Wednesday, May 10th. ValuEngine raised Zebra Technologies Corporation from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd. Finally, Barrington Research reissued an “outperform” rating and issued a $125.00 price target (up previously from $110.00) on shares of Zebra Technologies Corporation in a research note on Tuesday. One analyst has rated the stock with a sell rating, six have issued a hold rating and five have assigned a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $98.07.

In other Zebra Technologies Corporation news, CEO Anders Gustafsson sold 25,000 shares of Zebra Technologies Corporation stock in a transaction dated Tuesday, August 15th. The stock was sold at an average price of $106.04, for a total transaction of $2,651,000.00. Following the transaction, the chief executive officer now directly owns 295,116 shares in the company, valued at $31,294,100.64. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, SVP Michael Cho sold 1,572 shares of Zebra Technologies Corporation stock in a transaction dated Friday, June 2nd. The stock was sold at an average price of $107.76, for a total value of $169,398.72. Following the transaction, the senior vice president now owns 10,426 shares in the company, valued at $1,123,505.76. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 55,175 shares of company stock valued at $5,864,190. 2.50% of the stock is owned by insiders.

Zebra Technologies Corporation Company Profile

Zebra Technologies Corporation designs, manufactures and sells a range of automatic identification and data capture (AIDC) products. The Company’s AIDC products include mobile computers, barcode scanners, radio frequency identification (RFID) readers, wireless local area network (WLAN) products, specialty printers for barcode labeling and personal identification, real-time location systems (RTLS), related accessories and supplies, such as self-adhesive labels and other consumables, and utilities and application software.

Institutional Ownership by Quarter for Zebra Technologies Corporation (NASDAQ:ZBRA)

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