Panagora Asset Management Inc. Sells 14,749 Shares of Zebra Technologies Corporation $ZBRA

Panagora Asset Management Inc. lessened its stake in Zebra Technologies Corporation (NASDAQ:ZBRA) by 12.8% during the fourth quarter, Holdings Channel reports. The firm owned 100,128 shares of the industrial products company’s stock after selling 14,749 shares during the period. Panagora Asset Management Inc.’s holdings in Zebra Technologies were worth $24,313,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the stock. SG Americas Securities LLC increased its position in shares of Zebra Technologies by 399.5% during the fourth quarter. SG Americas Securities LLC now owns 64,907 shares of the industrial products company’s stock valued at $15,761,000 after acquiring an additional 51,913 shares during the last quarter. Vanguard Group Inc. increased its position in shares of Zebra Technologies by 1.3% during the third quarter. Vanguard Group Inc. now owns 6,513,454 shares of the industrial products company’s stock valued at $1,935,538,000 after acquiring an additional 86,672 shares during the last quarter. Exchange Traded Concepts LLC increased its position in shares of Zebra Technologies by 27.7% during the fourth quarter. Exchange Traded Concepts LLC now owns 65,575 shares of the industrial products company’s stock valued at $15,923,000 after acquiring an additional 14,207 shares during the last quarter. Moore Capital Management LP purchased a new stake in shares of Zebra Technologies during the third quarter valued at approximately $16,142,000. Finally, Swiss Life Asset Management Ltd increased its position in shares of Zebra Technologies by 424.0% during the third quarter. Swiss Life Asset Management Ltd now owns 22,490 shares of the industrial products company’s stock valued at $6,683,000 after acquiring an additional 18,198 shares during the last quarter. Institutional investors own 91.03% of the company’s stock.

Zebra Technologies Stock Performance

NASDAQ:ZBRA opened at $240.05 on Tuesday. The company has a debt-to-equity ratio of 0.69, a current ratio of 0.96 and a quick ratio of 0.57. The business has a fifty day simple moving average of $234.53 and a two-hundred day simple moving average of $238.47. Zebra Technologies Corporation has a 1 year low of $199.05 and a 1 year high of $352.66. The company has a market capitalization of $11.43 billion, a P/E ratio of 29.03 and a beta of 1.63.

Zebra Technologies (NASDAQ:ZBRA) last released its earnings results on Tuesday, May 12th. The industrial products company reported $4.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.21 by $0.54. Zebra Technologies had a return on equity of 18.91% and a net margin of 7.49%.The business had revenue of $1.50 billion during the quarter, compared to the consensus estimate of $1.48 billion. During the same period last year, the business posted $4.02 earnings per share. The business’s revenue for the quarter was up 14.3% on a year-over-year basis. Zebra Technologies has set its FY 2026 guidance at 18.300-18.700 EPS and its Q2 2026 guidance at 4.200-4.500 EPS. On average, analysts expect that Zebra Technologies Corporation will post 15.2 earnings per share for the current year.

Insiders Place Their Bets

In other Zebra Technologies news, insider Loizides Melissa Luff sold 500 shares of the firm’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $253.95, for a total value of $126,975.00. Following the completion of the sale, the insider directly owned 3,702 shares of the company’s stock, valued at $940,122.90. This trade represents a 11.90% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Janice M. Roberts sold 3,000 shares of the firm’s stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $249.54, for a total value of $748,620.00. Following the completion of the sale, the director directly owned 6,183 shares of the company’s stock, valued at $1,542,905.82. This represents a 32.67% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 0.91% of the company’s stock.

Analysts Set New Price Targets

ZBRA has been the subject of a number of research analyst reports. Needham & Company LLC reaffirmed a “buy” rating and set a $345.00 price target on shares of Zebra Technologies in a research report on Wednesday, May 13th. Northcoast Research decreased their price target on Zebra Technologies from $364.00 to $344.00 and set a “buy” rating for the company in a research report on Monday, April 27th. Wolfe Research decreased their price target on Zebra Technologies from $309.00 to $281.00 and set an “outperform” rating for the company in a research report on Wednesday, April 8th. Robert W. Baird increased their price target on Zebra Technologies from $300.00 to $310.00 and gave the company an “outperform” rating in a research report on Wednesday, May 13th. Finally, Citigroup increased their price target on Zebra Technologies from $274.00 to $284.00 and gave the company a “neutral” rating in a research report on Wednesday, May 13th. Eight equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $319.00.

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.