Calamos Advisors LLC raised its holdings in Zebra Technologies Corporation (NASDAQ:ZBRA – Free Report) by 7.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 44,488 shares of the industrial products company’s stock after buying an additional 2,982 shares during the period. Calamos Advisors LLC’s holdings in Zebra Technologies were worth $9,302,000 as of its most recent SEC filing.
Other institutional investors also recently bought and sold shares of the company. Garner Asset Management Corp purchased a new stake in Zebra Technologies during the fourth quarter worth approximately $30,000. Johnson Financial Group Inc. boosted its holdings in Zebra Technologies by 330.3% in the fourth quarter. Johnson Financial Group Inc. now owns 142 shares of the industrial products company’s stock valued at $34,000 after purchasing an additional 109 shares in the last quarter. SBI Securities Co. Ltd. increased its stake in Zebra Technologies by 164.8% in the fourth quarter. SBI Securities Co. Ltd. now owns 143 shares of the industrial products company’s stock valued at $35,000 after purchasing an additional 89 shares during the last quarter. CYBER HORNET ETFs LLC purchased a new position in Zebra Technologies in the second quarter valued at approximately $39,000. Finally, NBC Securities Inc. acquired a new stake in Zebra Technologies during the fourth quarter worth approximately $57,000. 91.03% of the stock is owned by hedge funds and other institutional investors.
Zebra Technologies Trading Down 2.5%
ZBRA opened at $260.11 on Wednesday. The company has a quick ratio of 0.57, a current ratio of 0.96 and a debt-to-equity ratio of 0.69. Zebra Technologies Corporation has a 52 week low of $199.05 and a 52 week high of $352.66. The business’s 50 day moving average is $247.50 and its two-hundred day moving average is $238.09. The firm has a market cap of $12.39 billion, a price-to-earnings ratio of 31.45 and a beta of 1.60.
Insiders Place Their Bets
In other Zebra Technologies news, insider Loizides Melissa Luff sold 500 shares of Zebra Technologies stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $253.95, for a total value of $126,975.00. Following the transaction, the insider directly owned 3,702 shares in the company, valued at approximately $940,122.90. The trade was a 11.90% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Janice M. Roberts sold 3,000 shares of the company’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $249.54, for a total transaction of $748,620.00. Following the completion of the sale, the director directly owned 6,183 shares of the company’s stock, valued at $1,542,905.82. The trade was a 32.67% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.91% of the stock is owned by corporate insiders.
Wall Street Analyst Weigh In
Several analysts have recently weighed in on the stock. Wolfe Research restated an “outperform” rating and set a $317.00 price objective on shares of Zebra Technologies in a research report on Thursday, July 9th. Truist Financial increased their target price on shares of Zebra Technologies from $267.00 to $296.00 and gave the company a “hold” rating in a research report on Thursday, July 2nd. Wall Street Zen upgraded shares of Zebra Technologies from a “hold” rating to a “buy” rating in a research note on Sunday, June 28th. Zacks Research cut shares of Zebra Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 20th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Zebra Technologies in a research report on Wednesday, May 20th. Eight investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, Zebra Technologies presently has a consensus rating of “Moderate Buy” and a consensus target price of $327.00.
Get Our Latest Stock Report on Zebra Technologies
Zebra Technologies Company Profile
Zebra Technologies Corporation is a global technology company specializing in marking, tracking and computer printing solutions. The company produces a wide range of hardware and software products designed to enable real-time visibility of assets, inventory and personnel across diverse industries. Its offerings help businesses automate data capture and streamline operations in environments such as retail, healthcare, manufacturing, transportation and logistics.
The company’s product portfolio includes barcode and RFID printers, mobile computing devices, barcode scanners, RFID readers and related supplies such as labels and tags.
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