AlphaMark Advisors LLC Purchases 79 Shares of Zebra Technologies Co. (NASDAQ:ZBRA)

AlphaMark Advisors LLC grew its position in Zebra Technologies Co. (NASDAQ:ZBRA) by 3.3% during the 4th quarter, HoldingsChannel reports. The firm owned 2,453 shares of the industrial products company’s stock after purchasing an additional 79 shares during the quarter. AlphaMark Advisors LLC’s holdings in Zebra Technologies were worth $947,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Renaissance Technologies LLC bought a new position in Zebra Technologies during the second quarter worth about $782,000. Benjamin F. Edwards & Company Inc. raised its position in shares of Zebra Technologies by 15.0% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 292 shares of the industrial products company’s stock worth $90,000 after purchasing an additional 38 shares during the period. Canada Pension Plan Investment Board bought a new position in shares of Zebra Technologies during the 2nd quarter valued at about $1,187,000. Sei Investments Co. grew its position in shares of Zebra Technologies by 11.2% in the 2nd quarter. Sei Investments Co. now owns 43,060 shares of the industrial products company’s stock valued at $13,303,000 after purchasing an additional 4,347 shares during the period. Finally, Thrivent Financial for Lutherans increased its stake in Zebra Technologies by 22.3% during the 2nd quarter. Thrivent Financial for Lutherans now owns 12,498 shares of the industrial products company’s stock worth $3,860,000 after purchasing an additional 2,278 shares in the last quarter. 91.03% of the stock is owned by institutional investors.

Zebra Technologies Stock Performance

Shares of NASDAQ ZBRA opened at $414.61 on Friday. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.96 and a current ratio of 1.37. The stock has a 50 day moving average price of $398.66 and a 200 day moving average price of $368.99. The stock has a market capitalization of $21.39 billion, a PE ratio of 56.41 and a beta of 1.64. Zebra Technologies Co. has a 52 week low of $233.95 and a 52 week high of $427.76.

Zebra Technologies (NASDAQ:ZBRA) last released its quarterly earnings data on Tuesday, October 29th. The industrial products company reported $3.49 EPS for the quarter, beating the consensus estimate of $2.92 by $0.57. Zebra Technologies had a return on equity of 15.56% and a net margin of 8.20%. The company had revenue of $1.26 billion during the quarter, compared to the consensus estimate of $1.22 billion. During the same quarter in the prior year, the firm posted $0.57 EPS. The firm’s revenue for the quarter was up 31.3% compared to the same quarter last year. Analysts predict that Zebra Technologies Co. will post 11.8 earnings per share for the current fiscal year.

Insider Buying and Selling at Zebra Technologies

In other Zebra Technologies news, CFO Nathan Andrew Winters sold 1,837 shares of the business’s stock in a transaction that occurred 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. The trade was a 13.86 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 1.06% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on ZBRA. Morgan Stanley lifted their price target on shares of Zebra Technologies from $400.00 to $427.00 and gave the company an “equal weight” rating in a research note on Tuesday, December 17th. Robert W. Baird boosted their price objective on shares of Zebra Technologies from $380.00 to $415.00 and gave the company an “outperform” rating in a research report on Wednesday, October 30th. TD Cowen increased their target price on Zebra Technologies from $380.00 to $425.00 and gave the stock a “buy” rating in a report on Wednesday, October 30th. UBS Group lifted their price target on Zebra Technologies from $390.00 to $445.00 and gave the company a “buy” rating in a research note on Wednesday, October 30th. Finally, StockNews.com raised Zebra Technologies from a “hold” rating to a “buy” rating in a research report on Thursday, October 31st. Five research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $401.25.

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.