Anders Gustafsson Sells 11,588 Shares of Zebra Technologies (ZBRA) Stock

Zebra Technologies (NASDAQ:ZBRA) CEO Anders Gustafsson sold 11,588 shares of the stock in a transaction dated Friday, August 24th. The stock was sold at an average price of $169.06, for a total transaction of $1,959,067.28. Following the sale, the chief executive officer now owns 314,092 shares of the company’s stock, valued at approximately $53,100,393.52. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

Anders Gustafsson also recently made the following trade(s):

  • On Monday, August 13th, Anders Gustafsson sold 24,916 shares of Zebra Technologies stock. The stock was sold at an average price of $163.15, for a total transaction of $4,065,045.40.

NASDAQ:ZBRA traded up $1.16 during mid-day trading on Monday, reaching $170.07. 233,200 shares of the company were exchanged, compared to its average volume of 393,255. Zebra Technologies has a 12 month low of $99.59 and a 12 month high of $171.26. The company has a quick ratio of 0.64, a current ratio of 1.09 and a debt-to-equity ratio of 1.78. The firm has a market cap of $9.07 billion, a P/E ratio of 26.55 and a beta of 1.46.

Zebra Technologies (NASDAQ:ZBRA) last issued its quarterly earnings data on Tuesday, August 7th. The industrial products company reported $2.48 EPS for the quarter, topping analysts’ consensus estimates of $2.23 by $0.25. Zebra Technologies had a net margin of 4.33% and a return on equity of 49.48%. The firm had revenue of $1.01 billion for the quarter, compared to analyst estimates of $990.09 million. During the same quarter in the prior year, the firm earned $1.51 EPS. equities analysts predict that Zebra Technologies will post 9.69 earnings per share for the current fiscal year.

A number of large investors have recently modified their holdings of the business. Advisors Asset Management Inc. grew its holdings in Zebra Technologies by 115.4% during the 2nd quarter. Advisors Asset Management Inc. now owns 9,061 shares of the industrial products company’s stock worth $1,298,000 after acquiring an additional 4,855 shares during the last quarter. Public Employees Retirement System of Ohio grew its holdings in Zebra Technologies by 2.1% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 303,268 shares of the industrial products company’s stock worth $43,443,000 after acquiring an additional 6,296 shares during the last quarter. WINTON GROUP Ltd grew its holdings in Zebra Technologies by 53.1% during the 2nd quarter. WINTON GROUP Ltd now owns 68,818 shares of the industrial products company’s stock worth $9,858,000 after acquiring an additional 23,879 shares during the last quarter. Global X Management Co LLC bought a new stake in Zebra Technologies during the 2nd quarter worth about $248,000. Finally, Jane Street Group LLC grew its holdings in Zebra Technologies by 696.7% during the 2nd quarter. Jane Street Group LLC now owns 5,370 shares of the industrial products company’s stock worth $769,000 after acquiring an additional 6,270 shares during the last quarter. 86.65% of the stock is currently owned by hedge funds and other institutional investors.

ZBRA has been the subject of a number of recent analyst reports. TheStreet upgraded shares of Zebra Technologies from a “c+” rating to a “b” rating in a research report on Tuesday, May 8th. JPMorgan Chase & Co. set a $170.00 target price on shares of Zebra Technologies and gave the stock a “buy” rating in a research report on Monday, August 6th. BidaskClub cut shares of Zebra Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday, June 16th. Needham & Company LLC reiterated a “buy” rating on shares of Zebra Technologies in a research report on Friday, July 6th. Finally, ValuEngine cut shares of Zebra Technologies from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, May 2nd. Four investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $164.00.

About Zebra Technologies

With the unparalleled operational visibility Zebra provides, enterprises become as smart and connected as the world we live in. Real-time information – gleaned from visionary solutions including hardware, software and services – gives organizations the competitive edge they need to simplify operations, know more about their businesses and customers, and empower their mobile workers to succeed in today’s data-centric world.

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Insider Buying and Selling by Quarter for Zebra Technologies (NASDAQ:ZBRA)

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