Insigneo Advisory Services LLC acquired a new stake in Zebra Technologies Corporation (NASDAQ:ZBRA – Free Report) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 1,374 shares of the industrial products company’s stock, valued at approximately $424,000.
Other hedge funds also recently bought and sold shares of the company. Parkside Financial Bank & Trust lifted its stake in Zebra Technologies by 19.2% in the 2nd quarter. Parkside Financial Bank & Trust now owns 205 shares of the industrial products company’s stock worth $63,000 after purchasing an additional 33 shares in the last quarter. Wealth Alliance LLC grew its position in shares of Zebra Technologies by 3.5% during the 2nd quarter. Wealth Alliance LLC now owns 978 shares of the industrial products company’s stock valued at $302,000 after purchasing an additional 33 shares in the last quarter. Tokio Marine Asset Management Co. Ltd. increased its holdings in shares of Zebra Technologies by 1.9% in the first quarter. Tokio Marine Asset Management Co. Ltd. now owns 1,866 shares of the industrial products company’s stock worth $527,000 after purchasing an additional 35 shares during the period. Horizon Investments LLC raised its position in shares of Zebra Technologies by 6.5% in the first quarter. Horizon Investments LLC now owns 750 shares of the industrial products company’s stock worth $212,000 after buying an additional 46 shares in the last quarter. Finally, Mission Wealth Management LP raised its position in shares of Zebra Technologies by 3.8% in the second quarter. Mission Wealth Management LP now owns 1,306 shares of the industrial products company’s stock worth $403,000 after buying an additional 48 shares in the last quarter. Hedge funds and other institutional investors own 91.03% of the company’s stock.
Insiders Place Their Bets
In other Zebra Technologies news, Director Satish Dhanasekaran purchased 1,000 shares of the business’s stock in a transaction on Tuesday, November 18th. The stock was acquired at an average cost of $233.12 per share, for a total transaction of $233,120.00. Following the completion of the transaction, the director directly owned 3,356 shares in the company, valued at approximately $782,350.72. This represents a 42.44% increase in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 0.84% of the stock is owned by corporate insiders.
Zebra Technologies Stock Up 2.8%
Zebra Technologies (NASDAQ:ZBRA – Get Free Report) last announced its quarterly earnings data on Tuesday, October 28th. The industrial products company reported $3.88 earnings per share for the quarter, topping analysts’ consensus estimates of $3.75 by $0.13. Zebra Technologies had a net margin of 9.74% and a return on equity of 18.08%. The firm had revenue of $1.32 billion during the quarter, compared to analyst estimates of $1.32 billion. During the same period in the previous year, the business posted $3.49 EPS. The business’s quarterly revenue was up 5.2% on a year-over-year basis. Zebra Technologies has set its Q4 2025 guidance at 4.200-4.400 EPS. FY 2025 guidance at 15.800-15.800 EPS. On average, analysts forecast that Zebra Technologies Corporation will post 13.71 earnings per share for the current fiscal year.
Zebra Technologies declared that its board has approved a stock buyback program on Tuesday, August 5th that authorizes the company to repurchase $250.00 million in outstanding shares. This repurchase authorization authorizes the industrial products company to buy up to 1.4% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company’s management believes its shares are undervalued.
Wall Street Analyst Weigh In
A number of equities analysts have weighed in on the company. Needham & Company LLC upped their target price on Zebra Technologies from $325.00 to $345.00 and gave the stock a “buy” rating in a research note on Wednesday, August 6th. Citigroup decreased their price objective on shares of Zebra Technologies from $346.00 to $311.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 29th. Barclays lowered their target price on shares of Zebra Technologies from $375.00 to $360.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 29th. Weiss Ratings reissued a “hold (c)” rating on shares of Zebra Technologies in a research note on Wednesday, October 8th. Finally, KeyCorp reissued a “sector weight” rating on shares of Zebra Technologies in a report on Thursday, October 30th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Zebra Technologies currently has a consensus rating of “Moderate Buy” and a consensus target price of $354.00.
Read Our Latest Research Report on Zebra Technologies
Zebra Technologies Profile
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 that produce labels, wristbands, tickets, receipts, and plastic cards; dye-sublimination thermal card printers that produce images, which are used for personal identification, access control, and financial transactions; radio frequency identification device (RFID) printers that encode data into passive RFID transponders; accessories and options for printers, including carrying cases, 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.
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