Zebra Technologies Co. (NASDAQ:ZBRA) hit a new 52-week high on Tuesday . The company traded as high as $494.99 and last traded at $494.99, with a volume of 8223 shares. The stock had previously closed at $488.31.

ZBRA has been the topic of several research analyst reports. Morgan Stanley upped their price objective on Zebra Technologies from $335.00 to $380.00 and gave the company an “equal weight” rating in a research note on Friday, February 12th. Needham & Company LLC upped their price target on shares of Zebra Technologies from $445.00 to $515.00 and gave the stock a “buy” rating in a report on Friday, February 12th. Zacks Investment Research raised shares of Zebra Technologies from a “hold” rating to a “buy” rating and set a $422.00 price target on the stock in a report on Tuesday, December 29th. Finally, UBS Group assumed coverage on Zebra Technologies in a research note on Friday, December 4th. They issued a “buy” rating on the stock. Three equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $335.22.

The company’s 50 day moving average price is $421.43 and its two-hundred day moving average price is $339.88. The firm has a market cap of $26.32 billion, a PE ratio of 53.72 and a beta of 1.54. The company has a current ratio of 0.79, a quick ratio of 0.42 and a debt-to-equity ratio of 0.55.

Zebra Technologies (NASDAQ:ZBRA) last announced its quarterly earnings results on Wednesday, February 10th. The industrial products company reported $4.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.80 by $0.66. Zebra Technologies had a net margin of 11.41% and a return on equity of 34.83%. During the same period in the prior year, the company posted $3.56 EPS. Equities research analysts expect that Zebra Technologies Co. will post 10.36 earnings per share for the current fiscal year.

In other news, CEO Anders Gustafsson sold 15,865 shares of the business’s stock in a transaction dated Tuesday, February 16th. The shares were sold at an average price of $479.39, for a total value of $7,605,522.35. Following the sale, the chief executive officer now directly owns 205,934 shares in the company, valued at approximately $98,722,700.26. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Janice M. Roberts sold 2,670 shares of the business’s stock in a transaction dated Thursday, December 17th. The stock was sold at an average price of $373.09, for a total transaction of $996,150.30. Following the completion of the sale, the director now owns 10,193 shares in the company, valued at $3,802,906.37. The disclosure for this sale can be found here. Over the last quarter, insiders sold 26,587 shares of company stock worth $11,611,141. 2.00% of the stock is currently owned by insiders.

Several institutional investors have recently bought and sold shares of the company. V Wealth Advisors LLC bought a new position in Zebra Technologies during the 4th quarter valued at about $3,331,000. California State Teachers Retirement System grew its holdings in Zebra Technologies by 2.4% during the 3rd quarter. California State Teachers Retirement System now owns 95,883 shares of the industrial products company’s stock valued at $24,207,000 after purchasing an additional 2,227 shares during the last quarter. Public Sector Pension Investment Board grew its holdings in Zebra Technologies by 25.3% during the 3rd quarter. Public Sector Pension Investment Board now owns 6,440 shares of the industrial products company’s stock valued at $1,626,000 after purchasing an additional 1,300 shares during the last quarter. Squarepoint Ops LLC grew its holdings in Zebra Technologies by 116.1% during the 3rd quarter. Squarepoint Ops LLC now owns 56,728 shares of the industrial products company’s stock valued at $14,322,000 after purchasing an additional 30,478 shares during the last quarter. Finally, Guggenheim Capital LLC grew its holdings in Zebra Technologies by 185.5% during the 3rd quarter. Guggenheim Capital LLC now owns 27,951 shares of the industrial products company’s stock valued at $7,056,000 after purchasing an additional 18,160 shares during the last quarter. Hedge funds and other institutional investors own 86.36% of the company’s stock.

Zebra Technologies Company Profile (NASDAQ:ZBRA)

Zebra Technologies Corporation, together with its subsidiaries, provides enterprise asset intelligence solutions in the automatic identification and data capture solutions industry worldwide. It operates in two segments, Asset Intelligence & Tracking and Enterprise Visibility & Mobility. The company designs, manufactures, and sells printers, which produce labels, wristbands, tickets, receipts, and plastic cards; RFID printers and encoders; accessories and options for its printers, including vehicle mounts and battery chargers; stock and customized thermal labels, receipts, ribbons, plastic cards, and RFID tags for printers; and temperature-monitoring labels primarily used in vaccine distribution, as well as self-laminating wristbands for use in laser printers.

See Also: What is cost of equity?

Receive News & Ratings for Zebra Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zebra Technologies and related companies with MarketBeat.com's FREE daily email newsletter.