Virginia Retirement Systems ET AL increased its stake in shares of Zebra Technologies Corporation (NASDAQ:ZBRA) by 7.9% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 25,900 shares of the industrial products company’s stock after buying an additional 1,900 shares during the period. Virginia Retirement Systems ET AL’s holdings in Zebra Technologies Corporation were worth $2,603,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in ZBRA. Teachers Advisors LLC boosted its stake in Zebra Technologies Corporation by 3.4% in the fourth quarter. Teachers Advisors LLC now owns 47,878 shares of the industrial products company’s stock valued at $4,106,000 after buying an additional 1,568 shares during the period. Bank of Montreal Can boosted its stake in Zebra Technologies Corporation by 0.4% in the first quarter. Bank of Montreal Can now owns 46,177 shares of the industrial products company’s stock valued at $4,213,000 after buying an additional 177 shares during the period. Capstone Asset Management Co. boosted its stake in Zebra Technologies Corporation by 5.3% in the first quarter. Capstone Asset Management Co. now owns 5,602 shares of the industrial products company’s stock valued at $511,000 after buying an additional 280 shares during the period. Nationwide Fund Advisors boosted its stake in Zebra Technologies Corporation by 0.6% in the first quarter. Nationwide Fund Advisors now owns 88,283 shares of the industrial products company’s stock valued at $8,056,000 after buying an additional 508 shares during the period. Finally, Janney Montgomery Scott LLC boosted its stake in Zebra Technologies Corporation by 13.3% in the first quarter. Janney Montgomery Scott LLC now owns 4,630 shares of the industrial products company’s stock valued at $422,000 after buying an additional 544 shares during the period. 90.02% of the stock is owned by institutional investors.

Shares of Zebra Technologies Corporation (NASDAQ ZBRA) opened at 102.82 on Tuesday. The company’s market cap is $5.46 billion. Zebra Technologies Corporation has a 12-month low of $62.91 and a 12-month high of $109.30. The stock has a 50 day moving average of $101.45 and a 200 day moving average of $96.69.

Zebra Technologies Corporation (NASDAQ:ZBRA) last released its earnings results on Tuesday, August 8th. The industrial products company reported $1.51 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.34 by $0.17. The company had revenue of $897 million during the quarter, compared to analysts’ expectations of $876.90 million. Zebra Technologies Corporation had a positive return on equity of 38.88% and a negative net margin of 1.14%. The business’s revenue was up 2.0% on a year-over-year basis. During the same period in the prior year, the business posted $1.34 EPS. Analysts forecast that Zebra Technologies Corporation will post $6.67 earnings per share for the current year.

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Several equities research analysts have issued reports on ZBRA shares. Zacks Investment Research cut shares of Zebra Technologies Corporation from a “buy” rating to a “hold” rating in a research report on Tuesday, May 2nd. Wells Fargo & Company cut shares of Zebra Technologies Corporation from an “outperform” rating to a “market perform” rating in a research report on Wednesday, May 10th. Barrington Research boosted their price objective on shares of Zebra Technologies Corporation from $105.00 to $110.00 and gave the company an “outperform” rating in a research report on Thursday, May 11th. Needham & Company LLC reissued a “buy” rating and issued a $107.00 price objective on shares of Zebra Technologies Corporation in a research report on Monday, May 22nd. Finally, ValuEngine cut shares of Zebra Technologies Corporation from a “buy” rating to a “hold” rating in a research report on Tuesday, May 23rd. Six equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $103.57.

In other news, SVP Michael Cho sold 1,572 shares of the stock in a transaction that occurred on Friday, June 2nd. The stock was sold at an average price of $107.76, for a total transaction of $169,398.72. Following the completion of the transaction, the senior vice president now directly owns 10,426 shares in the company, valued at approximately $1,123,505.76. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, SVP Hugh K. Gagnier sold 20,682 shares of the stock in a transaction that occurred on Tuesday, August 15th. The shares were sold at an average price of $106.42, for a total value of $2,200,978.44. Following the transaction, the senior vice president now owns 39,072 shares of the company’s stock, valued at $4,158,042.24. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 47,254 shares of company stock valued at $5,021,377. Company insiders own 2.50% of the company’s stock.

About Zebra Technologies Corporation

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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