Zebra Technologies Co. (NASDAQ:ZBRA) Shares Acquired by Barclays PLC

Barclays PLC lifted its position in shares of Zebra Technologies Co. (NASDAQ:ZBRA) by 2.4% in the 3rd quarter, Holdings Channel.com reports. The firm owned 113,177 shares of the industrial products company’s stock after purchasing an additional 2,617 shares during the period. Barclays PLC’s holdings in Zebra Technologies were worth $41,910,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the business. Sequoia Financial Advisors LLC acquired a new position in shares of Zebra Technologies during the 3rd quarter worth about $247,000. Envestnet Portfolio Solutions Inc. boosted its holdings in Zebra Technologies by 24.2% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 15,290 shares of the industrial products company’s stock valued at $4,724,000 after purchasing an additional 2,979 shares in the last quarter. Point72 DIFC Ltd purchased a new position in Zebra Technologies in the third quarter valued at approximately $2,113,000. Raymond James & Associates raised its holdings in Zebra Technologies by 2.5% during the second quarter. Raymond James & Associates now owns 196,636 shares of the industrial products company’s stock worth $60,747,000 after purchasing an additional 4,750 shares in the last quarter. Finally, Versor Investments LP purchased a new stake in shares of Zebra Technologies during the 3rd quarter worth approximately $1,752,000. Hedge funds and other institutional investors own 91.03% of the company’s stock.

Zebra Technologies Trading Up 0.9 %

Shares of ZBRA stock opened at $407.64 on Friday. Zebra Technologies Co. has a twelve month low of $233.95 and a twelve month high of $413.43. The company has a current ratio of 1.37, a quick ratio of 0.96 and a debt-to-equity ratio of 0.61. The business’s 50 day moving average is $387.89 and its two-hundred day moving average is $349.41. The company has a market capitalization of $21.03 billion, a P/E ratio of 55.46 and a beta of 1.63.

Zebra Technologies (NASDAQ:ZBRA) last announced its quarterly earnings data on Tuesday, October 29th. The industrial products company reported $3.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.92 by $0.57. Zebra Technologies had a net margin of 8.20% and a return on equity of 15.56%. The company had revenue of $1.26 billion for the quarter, compared to analysts’ expectations of $1.22 billion. During the same period in the previous year, the company posted $0.57 EPS. Zebra Technologies’s revenue was up 31.3% compared to the same quarter last year. Equities analysts forecast that Zebra Technologies Co. will post 12.4 EPS for the current year.

Insider Buying and Selling

In related news, CFO Nathan Andrew Winters sold 1,837 shares of the company’s stock in a transaction on Thursday, October 31st. The stock was sold at an average price of $381.73, for a total transaction of $701,238.01. Following the transaction, the chief financial officer now owns 11,421 shares of the company’s stock, valued at $4,359,738.33. This represents a 13.86 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 1.06% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of research analysts recently commented on ZBRA shares. Needham & Company LLC increased their target price on shares of Zebra Technologies from $394.00 to $430.00 and gave the company a “buy” rating in a research report on Wednesday, October 30th. TD Cowen raised their price objective on Zebra Technologies from $380.00 to $425.00 and gave the stock a “buy” rating in a report on Wednesday, October 30th. Truist Financial reiterated a “hold” rating and set a $383.00 target price (up previously from $379.00) on shares of Zebra Technologies in a research report on Wednesday, October 30th. StockNews.com raised Zebra Technologies from a “hold” rating to a “buy” rating in a research report on Thursday, October 31st. Finally, UBS Group raised their price target on Zebra Technologies from $390.00 to $445.00 and gave the stock a “buy” rating in a research note on Wednesday, October 30th. Four equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $393.82.

Zebra Technologies Company 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.