OxFORD Asset Management LLP lessened its stake in shares of Zebra Technologies Corporation (NASDAQ:ZBRA) by 44.7% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 18,998 shares of the industrial products company’s stock after selling 15,337 shares during the period. OxFORD Asset Management LLP’s holdings in Zebra Technologies Corporation were worth $1,910,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in the business. Dimensional Fund Advisors LP grew its position in Zebra Technologies Corporation by 9.2% during the 2nd quarter. Dimensional Fund Advisors LP now owns 459,263 shares of the industrial products company’s stock worth $46,165,000 after purchasing an additional 38,791 shares during the last quarter. Virtu KCG Holdings LLC grew its position in Zebra Technologies Corporation by 22.0% during the 2nd quarter. Virtu KCG Holdings LLC now owns 11,606 shares of the industrial products company’s stock worth $1,167,000 after purchasing an additional 2,092 shares during the last quarter. Advisor Group Inc. grew its position in Zebra Technologies Corporation by 0.8% during the 2nd quarter. Advisor Group Inc. now owns 1,606 shares of the industrial products company’s stock worth $161,000 after purchasing an additional 13 shares during the last quarter. Suntrust Banks Inc. grew its position in Zebra Technologies Corporation by 9.4% during the 2nd quarter. Suntrust Banks Inc. now owns 5,677 shares of the industrial products company’s stock worth $569,000 after purchasing an additional 486 shares during the last quarter. Finally, Hanseatic Management Services Inc. grew its position in Zebra Technologies Corporation by 4.3% during the 2nd quarter. Hanseatic Management Services Inc. now owns 28,399 shares of the industrial products company’s stock worth $2,855,000 after purchasing an additional 1,162 shares during the last quarter. 89.98% of the stock is currently owned by institutional investors.

In other news, CEO Anders Gustafsson sold 25,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 15th. The shares were 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 sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, SVP Hugh K. Gagnier sold 20,682 shares of the firm’s stock in a transaction that occurred on Tuesday, August 15th. The stock was sold at an average price of $106.42, for a total transaction of $2,200,978.44. Following the transaction, the senior vice president now owns 39,072 shares in the company, valued at $4,158,042.24. The disclosure for this sale can be found here. Company insiders own 2.50% of the company’s stock.

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Shares of Zebra Technologies Corporation (NASDAQ ZBRA) opened at 110.76 on Friday. The firm’s market capitalization is $5.88 billion. The firm’s 50-day moving average is $105.29 and its 200 day moving average is $100.36. Zebra Technologies Corporation has a 52 week low of $62.91 and a 52 week high of $112.53.

Zebra Technologies Corporation (NASDAQ:ZBRA) last announced its earnings results on Tuesday, August 8th. The industrial products company reported $1.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.34 by $0.17. The business had revenue of $897.00 million for the quarter, compared to analyst estimates of $876.90 million. Zebra Technologies Corporation had a negative net margin of 1.14% and a positive return on equity of 38.88%. The company’s revenue for the quarter was up 2.0% compared to the same quarter last year. During the same period last year, the firm posted $1.34 earnings per share. On average, equities analysts forecast that Zebra Technologies Corporation will post $6.67 earnings per share for the current year.

Several analysts have weighed in on the stock. Barrington Research reissued an “outperform” rating and set a $125.00 target price (up previously from $110.00) on shares of Zebra Technologies Corporation in a research report on Tuesday, August 15th. Needham & Company LLC reissued a “buy” rating and set a $118.00 target price (up previously from $107.00) on shares of Zebra Technologies Corporation in a research report on Thursday, August 10th. BidaskClub downgraded shares of Zebra Technologies Corporation from a “buy” rating to a “hold” rating in a research report on Monday, July 24th. Finally, Zacks Investment Research downgraded shares of Zebra Technologies Corporation from a “buy” rating to a “hold” rating in a research report on Thursday, July 20th. Six equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Zebra Technologies Corporation has a consensus rating of “Hold” and an average target price of $101.17.

Zebra Technologies Corporation 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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