Zebra Technologies (ZBRA) CEO Sells $5,117,993.78 in Stock

Zebra Technologies (NASDAQ:ZBRA) CEO Anders Gustafsson sold 24,121 shares of the business’s stock in a transaction dated Wednesday, March 13th. The stock was sold at an average price of $212.18, for a total transaction of $5,117,993.78. Following the sale, the chief executive officer now directly owns 331,803 shares in the company, valued at approximately $70,401,960.54. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Anders Gustafsson also recently made the following trade(s):

  • On Monday, February 25th, Anders Gustafsson sold 28,027 shares of Zebra Technologies stock. The stock was sold at an average price of $205.77, for a total transaction of $5,767,115.79.
  • On Wednesday, February 20th, Anders Gustafsson sold 13,073 shares of Zebra Technologies stock. The stock was sold at an average price of $200.71, for a total transaction of $2,623,881.83.

Shares of NASDAQ ZBRA traded up $1.14 during midday trading on Thursday, hitting $212.67. The stock had a trading volume of 323,237 shares, compared to its average volume of 493,917. The company has a market cap of $11.35 billion, a PE ratio of 20.79 and a beta of 1.45. Zebra Technologies has a 52 week low of $130.79 and a 52 week high of $213.17. The company has a debt-to-equity ratio of 1.07, a quick ratio of 0.49 and a current ratio of 0.89.



Zebra Technologies (NASDAQ:ZBRA) last issued its earnings results on Thursday, February 14th. The industrial products company reported $3.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.84 by $0.26. The firm had revenue of $1.14 billion for the quarter, compared to the consensus estimate of $1.12 billion. Zebra Technologies had a net margin of 9.98% and a return on equity of 48.26%. The business’s revenue was up 10.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.33 earnings per share. On average, analysts forecast that Zebra Technologies will post 11.73 earnings per share for the current fiscal year.

Several hedge funds and other institutional investors have recently modified their holdings of the company. Metropolitan Life Insurance Co. NY lifted its stake in shares of Zebra Technologies by 0.3% in the fourth quarter. Metropolitan Life Insurance Co. NY now owns 18,142 shares of the industrial products company’s stock worth $2,889,000 after buying an additional 54 shares in the last quarter. Advisory Services Network LLC raised its holdings in shares of Zebra Technologies by 33.3% during the fourth quarter. Advisory Services Network LLC now owns 316 shares of the industrial products company’s stock valued at $50,000 after purchasing an additional 79 shares during the last quarter. Hanseatic Management Services Inc. raised its holdings in shares of Zebra Technologies by 3.3% during the fourth quarter. Hanseatic Management Services Inc. now owns 5,050 shares of the industrial products company’s stock valued at $804,000 after purchasing an additional 162 shares during the last quarter. Comerica Securities Inc. raised its holdings in shares of Zebra Technologies by 13.0% during the fourth quarter. Comerica Securities Inc. now owns 1,437 shares of the industrial products company’s stock valued at $229,000 after purchasing an additional 165 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of Zebra Technologies by 4.1% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,436 shares of the industrial products company’s stock valued at $706,000 after purchasing an additional 175 shares during the last quarter. Hedge funds and other institutional investors own 86.68% of the company’s stock.

Several research firms recently commented on ZBRA. Zacks Investment Research raised shares of Zebra Technologies from a “hold” rating to a “strong-buy” rating and set a $230.00 price objective on the stock in a research note on Saturday, February 23rd. Berenberg Bank began coverage on shares of Zebra Technologies in a research note on Thursday, March 7th. They set a “buy” rating and a $250.00 price objective on the stock. Needham & Company LLC reissued a “buy” rating and set a $225.00 price objective (up previously from $215.00) on shares of Zebra Technologies in a research note on Thursday, March 7th. Imperial Capital reissued an “outperform” rating and set a $225.00 price objective (up previously from $195.00) on shares of Zebra Technologies in a research note on Thursday, February 21st. Finally, ValuEngine raised shares of Zebra Technologies from a “hold” rating to a “buy” rating in a research note on Thursday, February 7th. One research analyst has rated the stock with a hold rating, seven have assigned a buy rating and two have issued a strong buy rating to the stock. Zebra Technologies has a consensus rating of “Buy” and an average price target of $209.38.

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Zebra Technologies Company 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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Insider Buying and Selling by Quarter for Zebra Technologies (NASDAQ:ZBRA)

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