Zebra Technologies Co. (NASDAQ:ZBRA) Shares Purchased by Los Angeles Capital Management LLC

Los Angeles Capital Management LLC grew its stake in shares of Zebra Technologies Co. (NASDAQ:ZBRA) by 108.9% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 32,669 shares of the industrial products company’s stock after buying an additional 17,032 shares during the period. Los Angeles Capital Management LLC’s holdings in Zebra Technologies were worth $12,617,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Cascade Investment Advisors Inc. increased its position in shares of Zebra Technologies by 0.6% in the fourth quarter. Cascade Investment Advisors Inc. now owns 4,412 shares of the industrial products company’s stock worth $1,704,000 after acquiring an additional 25 shares in the last quarter. WCM Investment Management LLC boosted its position in Zebra Technologies by 0.3% during the 3rd quarter. WCM Investment Management LLC now owns 9,501 shares of the industrial products company’s stock worth $3,502,000 after purchasing an additional 27 shares during the period. Equitable Trust Co. increased its holdings in Zebra Technologies by 1.7% in the 4th quarter. Equitable Trust Co. now owns 1,600 shares of the industrial products company’s stock valued at $618,000 after purchasing an additional 27 shares in the last quarter. KPP Advisory Services LLC raised its position in Zebra Technologies by 2.3% in the third quarter. KPP Advisory Services LLC now owns 1,246 shares of the industrial products company’s stock valued at $461,000 after purchasing an additional 28 shares during the period. Finally, MassMutual Private Wealth & Trust FSB raised its position in Zebra Technologies by 24.8% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 151 shares of the industrial products company’s stock valued at $58,000 after purchasing an additional 30 shares during the period. 91.03% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Zebra Technologies

In other Zebra Technologies news, Director Anders Gustafsson bought 500 shares of the stock in a transaction on Monday, February 24th. The stock was purchased at an average price of $311.00 per share, for a total transaction of $155,500.00. Following the completion of the purchase, the director now directly owns 202,176 shares in the company, valued at approximately $62,876,736. This trade represents a 0.25 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 1.06% of the company’s stock.

Zebra Technologies Price Performance

ZBRA opened at $319.48 on Thursday. The company has a market capitalization of $16.41 billion, a P/E ratio of 31.38 and a beta of 1.63. The company has a 50-day moving average of $378.39 and a 200-day moving average of $373.64. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.03 and a current ratio of 1.43. Zebra Technologies Co. has a 1-year low of $266.75 and a 1-year high of $427.76.

Zebra Technologies (NASDAQ:ZBRA) last announced its quarterly earnings data on Thursday, February 13th. The industrial products company reported $3.62 earnings per share for the quarter, missing the consensus estimate of $3.85 by ($0.23). Zebra Technologies had a net margin of 10.60% and a return on equity of 18.34%. The firm had revenue of $1.33 billion during the quarter, compared to the consensus estimate of $1.31 billion. Equities analysts expect that Zebra Technologies Co. will post 13.71 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on ZBRA shares. Truist Financial lowered their target price on Zebra Technologies from $409.00 to $379.00 and set a “hold” rating for the company in a research note on Friday, February 14th. Barclays lowered their price objective on shares of Zebra Technologies from $407.00 to $326.00 and set an “equal weight” rating for the company in a research report on Friday, February 14th. UBS Group dropped their price objective on shares of Zebra Technologies from $445.00 to $425.00 and set a “buy” rating on the stock in a research note on Tuesday, February 18th. Needham & Company LLC decreased their target price on shares of Zebra Technologies from $430.00 to $395.00 and set a “buy” rating for the company in a research note on Friday, February 14th. Finally, TD Cowen lifted their price target on shares of Zebra Technologies from $380.00 to $425.00 and gave the stock a “buy” rating in a research note on Wednesday, October 30th. Five research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $381.42.

About Zebra Technologies

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.