Linda Connly Sells 500 Shares of Zebra Technologies (NASDAQ:ZBRA) Stock

Zebra Technologies Corporation (NASDAQ:ZBRA) Director Linda Connly sold 500 shares of the company’s stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $377.68, for a total transaction of $188,840.00. Following the sale, the director directly owned 3,708 shares of the company’s stock, valued at approximately $1,400,437.44. This trade represents a 11.88% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

Zebra Technologies Stock Down 1.2%

Shares of ZBRA opened at $378.37 on Thursday. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.52 and a quick ratio of 0.33. Zebra Technologies Corporation has a one year low of $199.05 and a one year high of $386.23. The company has a market cap of $18.02 billion, a P/E ratio of 34.62 and a beta of 1.59. The firm has a 50 day simple moving average of $272.64 and a two-hundred day simple moving average of $246.20.

Zebra Technologies (NASDAQ:ZBRA) last announced its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $6.35 earnings per share for the quarter, topping the consensus estimate of $4.36 by $1.99. Zebra Technologies had a return on equity of 22.29% and a net margin of 9.22%.The business had revenue of $1.56 billion during the quarter, compared to the consensus estimate of $1.50 billion. During the same period in the prior year, the company earned $3.61 EPS. Zebra Technologies’s revenue for the quarter was up 20.4% on a year-over-year basis. Zebra Technologies has set its Q3 2026 guidance at 4.700-4.900 EPS and its FY 2026 guidance at 20.750-21.250 EPS. Research analysts forecast that Zebra Technologies Corporation will post 17.22 EPS for the current fiscal year.

Institutional Investors Weigh In On Zebra Technologies

Institutional investors have recently bought and sold shares of the stock. Heartland Bank & Trust Co bought a new position in Zebra Technologies during the 2nd quarter valued at $243,000. Westport Asset Management Inc. bought a new stake in shares of Zebra Technologies in the 2nd quarter worth $9,039,000. Great Lakes Advisors LLC purchased a new stake in shares of Zebra Technologies in the second quarter valued at about $703,000. Plato Investment Management Ltd bought a new position in shares of Zebra Technologies during the second quarter valued at about $575,000. Finally, Fulton Bank N.A. boosted its holdings in Zebra Technologies by 2.3% during the second quarter. Fulton Bank N.A. now owns 1,720 shares of the industrial products company’s stock worth $453,000 after purchasing an additional 38 shares during the last quarter. Institutional investors own 91.03% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the stock. Zacks Research downgraded shares of Zebra Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 20th. Wall Street Zen upgraded shares of Zebra Technologies from a “hold” rating to a “buy” rating in a report on Sunday, June 28th. Morgan Stanley set a $360.00 price objective on shares of Zebra Technologies in a research note on Wednesday, August 5th. Needham & Company LLC lifted their price objective on shares of Zebra Technologies from $345.00 to $410.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. Finally, Wolfe Research reissued an “outperform” rating and set a $317.00 target price on shares of Zebra Technologies in a research report on Thursday, July 9th. Nine investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, Zebra Technologies currently has a consensus rating of “Moderate Buy” and a consensus target price of $381.00.

About Zebra Technologies

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.