Zebra Technologies (NASDAQ:ZBRA) CEO Anders Gustafsson sold 35,160 shares of the firm’s stock in a transaction that occurred on Thursday, November 8th. The shares were sold at an average price of $182.73, for a total value of $6,424,786.80. Following the completion of the sale, the chief executive officer now owns 314,092 shares in the company, valued at $57,394,031.16. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Anders Gustafsson also recently made the following trade(s):

  • On Friday, August 24th, Anders Gustafsson sold 11,588 shares of Zebra Technologies stock. The shares were sold at an average price of $169.06, for a total value of $1,959,067.28.

Shares of NASDAQ ZBRA opened at $178.91 on Friday. The company has a debt-to-equity ratio of 1.51, a current ratio of 1.09 and a quick ratio of 0.64. The firm has a market cap of $9.53 billion, a price-to-earnings ratio of 27.95 and a beta of 1.55. Zebra Technologies has a 1 year low of $101.49 and a 1 year high of $184.75.

Zebra Technologies (NASDAQ:ZBRA) last issued its quarterly 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. The firm had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.07 billion. Zebra Technologies had a return on equity of 49.81% and a net margin of 7.55%. The firm’s quarterly revenue was up 16.8% on a year-over-year basis. During the same period last year, the company posted $1.87 EPS. Equities research analysts forecast that Zebra Technologies will post 9.62 earnings per share for the current year.

ZBRA has been the subject of a number of research reports. JPMorgan Chase & Co. reaffirmed a “buy” rating and set a $180.00 price target on shares of Zebra Technologies in a research note on Friday, September 21st. BidaskClub raised Zebra Technologies from a “hold” rating to a “buy” rating in a research note on Friday, September 28th. Imperial Capital increased their price target on Zebra Technologies from $180.00 to $190.00 and gave the company an “outperform” rating in a research note on Friday, September 21st. Needham & Company LLC increased their price target on Zebra Technologies from $175.00 to $178.00 and gave the company a “buy” rating in a research note on Thursday, August 16th. Finally, Northcoast Research set a $200.00 price target on Zebra Technologies and gave the company a “buy” rating in a research note on Tuesday, October 16th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and eight have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $172.44.

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Northern Trust Corp boosted its stake in shares of Zebra Technologies by 5.6% during the 2nd quarter. Northern Trust Corp now owns 440,781 shares of the industrial products company’s stock worth $63,142,000 after acquiring an additional 23,324 shares in the last quarter. Boyd Watterson Asset Management LLC OH boosted its stake in shares of Zebra Technologies by 28.6% during the 3rd quarter. Boyd Watterson Asset Management LLC OH now owns 3,428 shares of the industrial products company’s stock worth $606,000 after acquiring an additional 763 shares in the last quarter. Marietta Investment Partners LLC bought a new stake in shares of Zebra Technologies during the 2nd quarter worth $2,564,000. Meritage Portfolio Management boosted its stake in shares of Zebra Technologies by 68.9% during the 3rd quarter. Meritage Portfolio Management now owns 120,862 shares of the industrial products company’s stock worth $21,372,000 after acquiring an additional 49,310 shares in the last quarter. Finally, Wells Fargo & Company MN boosted its stake in shares of Zebra Technologies by 65.0% during the 3rd quarter. Wells Fargo & Company MN now owns 1,526,432 shares of the industrial products company’s stock worth $269,919,000 after acquiring an additional 601,225 shares in the last quarter. 88.16% of the stock is owned by institutional investors and hedge funds.

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About Zebra Technologies

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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