Mn Services Vermogensbeheer B.V. Sells 600 Shares of Zebra Technologies Co. (NASDAQ:ZBRA)

Mn Services Vermogensbeheer B.V. reduced its holdings in shares of Zebra Technologies Co. (NASDAQ:ZBRA) by 3.0% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 19,700 shares of the industrial products company’s stock after selling 600 shares during the quarter. Mn Services Vermogensbeheer B.V.’s holdings in Zebra Technologies were worth $7,295,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Zebra Technologies in the second quarter valued at $27,000. Farmers & Merchants Investments Inc. boosted its holdings in shares of Zebra Technologies by 185.3% during the 2nd quarter. Farmers & Merchants Investments Inc. now owns 97 shares of the industrial products company’s stock worth $30,000 after buying an additional 63 shares during the period. Concord Wealth Partners acquired a new position in Zebra Technologies in the 3rd quarter valued at about $30,000. Transcendent Capital Group LLC bought a new position in Zebra Technologies in the 2nd quarter valued at about $32,000. Finally, Massmutual Trust Co. FSB ADV boosted its holdings in shares of Zebra Technologies by 38.8% during the second quarter. Massmutual Trust Co. FSB ADV now owns 118 shares of the industrial products company’s stock worth $36,000 after acquiring an additional 33 shares during the period. 91.03% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Zebra Technologies

In related news, insider Jeffrey F. Schmitz sold 1,000 shares of the stock in a transaction on Thursday, August 15th. The stock was sold at an average price of $341.69, for a total value of $341,690.00. Following the completion of the sale, the insider now directly owns 9,694 shares in the company, valued at $3,312,342.86. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In related news, CFO Nathan Andrew Winters sold 1,837 shares of the business’s stock in a transaction on Thursday, October 31st. The shares were sold at an average price of $381.73, for a total value of $701,238.01. Following the transaction, the chief financial officer now owns 11,421 shares in the company, valued at $4,359,738.33. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Jeffrey F. Schmitz sold 1,000 shares of the stock in a transaction dated Thursday, August 15th. The stock was sold at an average price of $341.69, for a total value of $341,690.00. Following the sale, the insider now owns 9,694 shares of the company’s stock, valued at approximately $3,312,342.86. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.04% of the stock is owned by company insiders.

Zebra Technologies Price Performance

Zebra Technologies stock opened at $379.69 on Wednesday. The company has a market capitalization of $19.58 billion, a PE ratio of 51.66 and a beta of 1.64. The company has a current ratio of 1.37, a quick ratio of 0.96 and a debt-to-equity ratio of 0.61. The stock has a 50-day moving average price of $360.54 and a two-hundred day moving average price of $332.91. Zebra Technologies Co. has a 12 month low of $201.43 and a 12 month high of $394.57.

Zebra Technologies (NASDAQ:ZBRA) last issued its quarterly earnings data on Tuesday, October 29th. The industrial products company reported $3.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.92 by $0.57. Zebra Technologies had a net margin of 8.20% and a return on equity of 15.56%. The business had revenue of $1.26 billion during the quarter, compared to analyst estimates of $1.22 billion. During the same quarter last year, the business earned $0.57 EPS. The firm’s quarterly revenue was up 31.3% on a year-over-year basis. Analysts expect that Zebra Technologies Co. will post 12.26 EPS for the current year.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. Stephens increased their target price on Zebra Technologies from $380.00 to $410.00 and gave the stock an “overweight” rating in a research note on Friday, August 2nd. Redburn Atlantic raised Zebra Technologies to a “strong-buy” rating in a research note on Wednesday, July 31st. Vertical Research initiated coverage on shares of Zebra Technologies in a research report on Tuesday, July 23rd. They set a “buy” rating and a $375.00 price objective for the company. TD Cowen raised their target price on shares of Zebra Technologies from $380.00 to $425.00 and gave the company a “buy” rating in a report on Wednesday, October 30th. Finally, Truist Financial reaffirmed a “hold” rating and set a $383.00 price target (up previously from $379.00) on shares of Zebra Technologies in a report on Wednesday, October 30th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Zebra Technologies has an average rating of “Moderate Buy” and an average target price of $385.18.

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.