VELA Investment Management LLC Acquires 19,863 Shares of Zebra Technologies Corporation $ZBRA

VELA Investment Management LLC raised its holdings in Zebra Technologies Corporation (NASDAQ:ZBRA) by 1,400.8% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 21,281 shares of the industrial products company’s stock after purchasing an additional 19,863 shares during the quarter. Zebra Technologies accounts for approximately 1.2% of VELA Investment Management LLC’s investment portfolio, making the stock its 17th biggest position. VELA Investment Management LLC’s holdings in Zebra Technologies were worth $5,602,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Brown Advisory Inc. lifted its position in shares of Zebra Technologies by 2.1% during the 2nd quarter. Brown Advisory Inc. now owns 1,787 shares of the industrial products company’s stock worth $551,000 after buying an additional 36 shares during the last quarter. Fulton Bank N.A. grew its position in Zebra Technologies by 2.3% in the second quarter. Fulton Bank N.A. now owns 1,720 shares of the industrial products company’s stock valued at $453,000 after acquiring an additional 38 shares during the last quarter. Empowered Funds LLC grew its position in Zebra Technologies by 1.7% in the fourth quarter. Empowered Funds LLC now owns 2,385 shares of the industrial products company’s stock valued at $579,000 after acquiring an additional 40 shares during the last quarter. New York Life Investment Management LLC raised its stake in Zebra Technologies by 0.6% during the fourth quarter. New York Life Investment Management LLC now owns 6,972 shares of the industrial products company’s stock worth $1,693,000 after acquiring an additional 42 shares in the last quarter. Finally, Gulf International Bank UK Ltd raised its stake in Zebra Technologies by 1.5% during the fourth quarter. Gulf International Bank UK Ltd now owns 2,789 shares of the industrial products company’s stock worth $677,000 after acquiring an additional 42 shares in the last quarter. Institutional investors own 91.03% of the company’s stock.

Insider Buying and Selling at Zebra Technologies

In other news, insider Michael Cho sold 3,500 shares of the firm’s stock in a transaction on Friday, August 7th. The shares were sold at an average price of $375.20, for a total transaction of $1,313,200.00. Following the completion of the transaction, the insider owned 5,170 shares of the company’s stock, valued at approximately $1,939,784. This trade represents a 40.37% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Linda Connly sold 500 shares of Zebra Technologies stock in a transaction 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 transaction, the director owned 3,708 shares in the company, valued at approximately $1,400,437.44. This trade represents a 11.88% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.91% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of research firms have recently commented on ZBRA. UBS Group reissued a “buy” rating on shares of Zebra Technologies in a report on Wednesday, August 5th. Weiss Ratings upgraded shares of Zebra Technologies from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday, July 17th. Needham & Company LLC increased their price objective on shares of Zebra Technologies from $345.00 to $410.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. Wall Street Zen upgraded shares of Zebra Technologies from a “hold” rating to a “buy” rating in a research report on Sunday, June 28th. Finally, Robert W. Baird boosted their target price on shares of Zebra Technologies from $300.00 to $310.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 13th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $381.00.

Zebra Technologies Stock Performance

NASDAQ:ZBRA opened at $362.74 on Monday. The stock has a market cap of $17.28 billion, a P/E ratio of 33.19 and a beta of 1.60. The company has a current ratio of 0.52, a quick ratio of 0.33 and a debt-to-equity ratio of 0.14. The stock’s 50-day moving average is $315.15 and its 200-day moving average is $259.81. Zebra Technologies Corporation has a 1-year low of $199.05 and a 1-year high of $386.23.

Zebra Technologies (NASDAQ:ZBRA) last issued its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $6.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.36 by $1.99. Zebra Technologies had a net margin of 9.22% and a return on equity of 22.29%. The business had revenue of $1.56 billion during the quarter, compared to analyst estimates of $1.50 billion. During the same quarter last year, the business earned $3.61 EPS. The firm’s quarterly revenue 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. Equities research analysts anticipate that Zebra Technologies Corporation will post 17.22 earnings per share for the current year.

Zebra Technologies 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.