Zebra Technologies (NASDAQ:ZBRA) SVP Joachim Heel sold 2,480 shares of the company’s stock in a transaction dated Friday, November 9th. The stock was sold at an average price of $182.38, for a total transaction of $452,302.40. Following the transaction, the senior vice president now owns 24,412 shares in the company, valued at approximately $4,452,260.56. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Zebra Technologies stock opened at $176.87 on Wednesday. The company has a debt-to-equity ratio of 1.51, a quick ratio of 0.64 and a current ratio of 1.09. Zebra Technologies has a 1 year low of $101.49 and a 1 year high of $184.75. The stock has a market cap of $9.75 billion, a price-to-earnings ratio of 27.64 and a beta of 1.55.

Zebra Technologies (NASDAQ:ZBRA) last released its earnings results on Tuesday, November 6th. The industrial products company reported $2.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.60 by $0.28. Zebra Technologies had a net margin of 7.55% and a return on equity of 49.81%. The company had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.07 billion. During the same period in the prior year, the company posted $1.87 EPS. The company’s revenue was up 16.8% compared to the same quarter last year. On average, analysts forecast that Zebra Technologies will post 9.62 earnings per share for the current year.

ZBRA has been the topic of several research reports. Needham & Company LLC upped their price target on shares of Zebra Technologies from $165.00 to $175.00 and gave the stock a “buy” rating in a research report on Wednesday, August 8th. They noted that the move was a valuation call. Northcoast Research set a $200.00 price target on shares of Zebra Technologies and gave the stock a “buy” rating in a research report on Tuesday, August 7th. JPMorgan Chase & Co. set a $170.00 target price on shares of Zebra Technologies and gave the company a “buy” rating in a research report on Monday, August 6th. BidaskClub upgraded shares of Zebra Technologies from a “hold” rating to a “buy” rating in a research report on Friday, September 14th. Finally, Morgan Stanley upped their target price on shares of Zebra Technologies from $135.00 to $160.00 and gave the company an “equal weight” rating in a research report on Wednesday, August 8th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and eight have given a buy rating to the stock. Zebra Technologies currently has an average rating of “Buy” and a consensus price target of $172.44.

Institutional investors have recently added to or reduced their stakes in the business. Principal Financial Group Inc. increased its stake in shares of Zebra Technologies by 3.6% in the 1st quarter. Principal Financial Group Inc. now owns 235,245 shares of the industrial products company’s stock valued at $32,744,000 after acquiring an additional 8,191 shares during the last quarter. Allianz Asset Management GmbH increased its stake in shares of Zebra Technologies by 66.4% in the 1st quarter. Allianz Asset Management GmbH now owns 19,779 shares of the industrial products company’s stock valued at $2,752,000 after acquiring an additional 7,896 shares during the last quarter. State of Alaska Department of Revenue increased its stake in shares of Zebra Technologies by 32.2% in the 2nd quarter. State of Alaska Department of Revenue now owns 6,360 shares of the industrial products company’s stock valued at $911,000 after acquiring an additional 1,550 shares during the last quarter. Xact Kapitalforvaltning AB increased its stake in shares of Zebra Technologies by 8.3% in the 2nd quarter. Xact Kapitalforvaltning AB now owns 7,823 shares of the industrial products company’s stock valued at $1,121,000 after acquiring an additional 600 shares during the last quarter. Finally, Bank of Montreal Can increased its stake in shares of Zebra Technologies by 1.8% in the 2nd quarter. Bank of Montreal Can now owns 21,945 shares of the industrial products company’s stock valued at $3,144,000 after acquiring an additional 396 shares during the last quarter. Institutional investors own 88.16% of the company’s stock.

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Zebra Technologies Company Profile

With the unparalleled operational visibility Zebra provides, enterprises become as smart and connected as the world we live in. Real-time information – gleaned from visionary solutions including hardware, software and services – gives organizations the competitive edge they need to simplify operations, know more about their businesses and customers, and empower their mobile workers to succeed in today’s data-centric world.

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