Zebra Technologies (ZBRA) Shares Sold by GSA Capital Partners LLP

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GSA Capital Partners LLP decreased its holdings in Zebra Technologies (NASDAQ:ZBRA) by 76.4% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,946 shares of the industrial products company’s stock after selling 6,311 shares during the quarter. GSA Capital Partners LLP’s holdings in Zebra Technologies were worth $310,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Oppenheimer & Co. Inc. bought a new position in Zebra Technologies in the 4th quarter valued at $812,000. LPL Financial LLC increased its stake in shares of Zebra Technologies by 23.3% in the 3rd quarter. LPL Financial LLC now owns 3,533 shares of the industrial products company’s stock valued at $625,000 after buying an additional 668 shares during the period. Robecosam AG increased its stake in shares of Zebra Technologies by 7.9% in the 4th quarter. Robecosam AG now owns 11,022 shares of the industrial products company’s stock valued at $1,719,000 after buying an additional 806 shares during the period. Nordea Investment Management AB increased its stake in shares of Zebra Technologies by 31.5% in the 3rd quarter. Nordea Investment Management AB now owns 28,990 shares of the industrial products company’s stock valued at $5,125,000 after buying an additional 6,947 shares during the period. Finally, MAI Capital Management acquired a new stake in shares of Zebra Technologies in the 4th quarter valued at $582,000. Hedge funds and other institutional investors own 86.54% of the company’s stock.

NASDAQ:ZBRA opened at $213.68 on Wednesday. Zebra Technologies has a 1 year low of $130.79 and a 1 year high of $216.78. The company has a quick ratio of 0.49, a current ratio of 0.89 and a debt-to-equity ratio of 1.07. The stock has a market capitalization of $11.51 billion, a price-to-earnings ratio of 20.89 and a beta of 1.45.

Zebra Technologies (NASDAQ:ZBRA) last issued its quarterly earnings results on Thursday, February 14th. The industrial products company reported $3.10 EPS for the quarter, beating analysts’ consensus estimates of $2.84 by $0.26. The company had revenue of $1.14 billion for the quarter, compared to analyst estimates of $1.12 billion. Zebra Technologies had a return on equity of 48.26% and a net margin of 9.98%. The company’s quarterly revenue was up 10.8% compared to the same quarter last year. During the same period in the previous year, the company posted $2.33 earnings per share. As a group, equities research analysts anticipate that Zebra Technologies will post 11.73 earnings per share for the current year.

A number of research analysts have issued reports on ZBRA shares. Wellington Shields raised Zebra Technologies from a “hold” rating to a “buy” rating in a research note on Thursday, December 27th. Imperial Capital reissued an “outperform” rating and issued a $225.00 target price (up from $195.00) on shares of Zebra Technologies in a research note on Thursday, February 21st. Needham & Company LLC reissued a “buy” rating and issued a $215.00 target price (up from $192.00) on shares of Zebra Technologies in a research note on Friday, February 15th. They noted that the move was a valuation call. BidaskClub raised Zebra Technologies from a “buy” rating to a “strong-buy” rating in a research note on Thursday, January 17th. Finally, ValuEngine cut Zebra Technologies from a “buy” rating to a “hold” rating in a research note on Wednesday, November 21st. One research analyst has rated the stock with a hold rating, seven have assigned a buy rating and two have assigned a strong buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $215.00.

In related news, CMO Jeffrey F. Schmitz sold 1,382 shares of the company’s stock in a transaction dated Thursday, March 14th. The stock was sold at an average price of $212.95, for a total transaction of $294,296.90. Following the sale, the chief marketing officer now owns 10,748 shares in the company, valued at $2,288,786.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Anders Gustafsson sold 13,073 shares of the company’s stock in a transaction dated Wednesday, February 20th. The stock was sold at an average price of $200.71, for a total value of $2,623,881.83. Following the sale, the chief executive officer now owns 372,903 shares in the company, valued at approximately $74,845,361.13. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 114,894 shares of company stock worth $23,721,363. Corporate insiders own 2.30% of the company’s stock.

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Zebra Technologies Profile

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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Institutional Ownership by Quarter for Zebra Technologies (NASDAQ:ZBRA)

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