Zebra Technologies Corporation $ZBRA Shares Acquired by J. Safra Sarasin Holding AG

J. Safra Sarasin Holding AG increased its holdings in shares of Zebra Technologies Corporation (NASDAQ:ZBRA) by 292.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,207 shares of the industrial products company’s stock after purchasing an additional 3,134 shares during the quarter. J. Safra Sarasin Holding AG’s holdings in Zebra Technologies were worth $1,250,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of ZBRA. NewEdge Advisors LLC increased its position in shares of Zebra Technologies by 39.9% during the first quarter. NewEdge Advisors LLC now owns 1,318 shares of the industrial products company’s stock valued at $372,000 after acquiring an additional 376 shares during the last quarter. Caxton Associates LLP purchased a new position in shares of Zebra Technologies during the 1st quarter worth approximately $317,000. Empowered Funds LLC increased its holdings in Zebra Technologies by 7.2% in the 1st quarter. Empowered Funds LLC now owns 1,441 shares of the industrial products company’s stock valued at $407,000 after purchasing an additional 97 shares during the last quarter. Farther Finance Advisors LLC raised its position in Zebra Technologies by 48.6% in the second quarter. Farther Finance Advisors LLC now owns 208 shares of the industrial products company’s stock valued at $64,000 after purchasing an additional 68 shares during the period. Finally, Perigon Wealth Management LLC acquired a new position in Zebra Technologies during the second quarter worth $216,000. Institutional investors and hedge funds own 91.03% of the company’s stock.

Insider Buying and Selling at Zebra Technologies

In other news, Director Satish Dhanasekaran acquired 1,000 shares of Zebra Technologies stock in a transaction dated Tuesday, November 18th. The shares were acquired at an average cost of $233.12 per share, for a total transaction of $233,120.00. Following the acquisition, the director owned 3,356 shares of the company’s stock, valued at $782,350.72. This trade represents a 42.44% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 0.84% of the company’s stock.

Zebra Technologies Stock Performance

Shares of ZBRA opened at $236.23 on Thursday. Zebra Technologies Corporation has a 1 year low of $205.73 and a 1 year high of $404.67. The stock has a market capitalization of $11.97 billion, a PE ratio of 23.81 and a beta of 1.68. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.19 and a current ratio of 1.61. The stock has a 50-day simple moving average of $252.02 and a 200-day simple moving average of $285.25.

Zebra Technologies (NASDAQ:ZBRA) last issued its earnings results on Tuesday, October 28th. The industrial products company reported $3.88 earnings per share for the quarter, beating the consensus estimate of $3.75 by $0.13. Zebra Technologies had a net margin of 9.74% and a return on equity of 18.08%. The firm had revenue of $1.32 billion for the quarter, compared to analysts’ expectations of $1.32 billion. During the same quarter last year, the company earned $3.49 earnings per share. The firm’s revenue was up 5.2% compared to the same quarter last year. On average, analysts predict that Zebra Technologies Corporation will post 13.71 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on ZBRA. Truist Financial dropped their price objective on Zebra Technologies from $331.00 to $291.00 and set a “hold” rating for the company in a research note on Thursday, December 18th. Zacks Research upgraded Zebra Technologies from a “strong sell” rating to a “hold” rating in a report on Monday, December 29th. Citigroup cut their price target on shares of Zebra Technologies from $346.00 to $311.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 29th. Barclays raised their price objective on shares of Zebra Technologies from $360.00 to $368.00 and gave the company an “overweight” rating in a research note on Monday, January 12th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Zebra Technologies in a research note on Wednesday, January 21st. Five investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $350.00.

Zebra Technologies Company 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.