Duncker Streett & Co. Inc. Sells 100 Shares of Zebra Technologies Co. (NASDAQ:ZBRA)

Duncker Streett & Co. Inc. lowered its position in shares of Zebra Technologies Co. (NASDAQ:ZBRA) by 26.9% during the fourth quarter, Holdings Channel.com reports. The firm owned 272 shares of the industrial products company’s stock after selling 100 shares during the quarter. Duncker Streett & Co. Inc.’s holdings in Zebra Technologies were worth $105,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Point72 DIFC Ltd bought a new position in shares of Zebra Technologies during the third quarter worth approximately $2,113,000. Versor Investments LP acquired a new stake in Zebra Technologies during the third quarter worth approximately $1,752,000. LVM Capital Management Ltd. MI acquired a new stake in Zebra Technologies during the fourth quarter worth approximately $643,000. Cerity Partners LLC grew its position in Zebra Technologies by 45.3% during the third quarter. Cerity Partners LLC now owns 10,668 shares of the industrial products company’s stock worth $3,950,000 after buying an additional 3,328 shares in the last quarter. Finally, Board of the Pension Protection Fund acquired a new stake in Zebra Technologies during the fourth quarter worth approximately $695,000. Institutional investors own 91.03% of the company’s stock.

Analysts Set New Price Targets

ZBRA has been the topic of a number of analyst reports. Needham & Company LLC reduced their price target on Zebra Technologies from $430.00 to $395.00 and set a “buy” rating on the stock in a research report on Friday, February 14th. Truist Financial reduced their price target on Zebra Technologies from $409.00 to $379.00 and set a “hold” rating on the stock in a research report on Friday, February 14th. Citigroup initiated coverage on Zebra Technologies in a research report on Tuesday, January 14th. They set a “neutral” rating and a $430.00 price target on the stock. Barclays reduced their price target on Zebra Technologies from $407.00 to $326.00 and set an “equal weight” rating on the stock in a research report on Friday, February 14th. Finally, Robert W. Baird reduced their target price on Zebra Technologies from $432.00 to $380.00 and set an “outperform” rating on the stock in a report on Tuesday, February 18th. Five equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Zebra Technologies currently has an average rating of “Moderate Buy” and a consensus price target of $381.42.

Zebra Technologies Trading Up 1.3 %

NASDAQ ZBRA opened at $315.05 on Monday. The company has a quick ratio of 1.03, a current ratio of 1.43 and a debt-to-equity ratio of 0.58. Zebra Technologies Co. has a twelve month low of $266.75 and a twelve month high of $427.76. The company has a market cap of $16.19 billion, a price-to-earnings ratio of 30.95 and a beta of 1.63. The business’s fifty day moving average is $374.07 and its 200 day moving average is $373.36.

Zebra Technologies (NASDAQ:ZBRA) last released its quarterly earnings data on Thursday, February 13th. The industrial products company reported $3.62 earnings per share for the quarter, missing the consensus estimate of $3.85 by ($0.23). Zebra Technologies had a net margin of 10.60% and a return on equity of 18.34%. The firm had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.31 billion. As a group, sell-side analysts expect that Zebra Technologies Co. will post 13.71 EPS for the current fiscal year.

Insider Activity at Zebra Technologies

In related news, Director Anders Gustafsson bought 500 shares of the stock in a transaction that occurred on Monday, February 24th. The stock was acquired at an average cost of $311.00 per share, with a total value of $155,500.00. Following the transaction, the director now directly owns 202,176 shares in the company, valued at approximately $62,876,736. This trade represents a 0.25 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 1.06% of the stock is currently owned by company insiders.

Zebra Technologies Company Profile

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.