Jump Financial LLC Increases Position in Zebra Technologies Co. (NASDAQ:ZBRA)

Jump Financial LLC lifted its holdings in Zebra Technologies Co. (NASDAQ:ZBRA) by 232.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 10,787 shares of the industrial products company’s stock after buying an additional 7,544 shares during the quarter. Jump Financial LLC’s holdings in Zebra Technologies were worth $4,166,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Creative Financial Designs Inc. ADV grew its position in Zebra Technologies by 102.9% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 71 shares of the industrial products company’s stock valued at $27,000 after acquiring an additional 36 shares during the last quarter. Sierra Ocean LLC purchased a new stake in shares of Zebra Technologies during the fourth quarter valued at $28,000. Picton Mahoney Asset Management bought a new position in shares of Zebra Technologies in the fourth quarter worth about $31,000. Avalon Trust Co purchased a new position in Zebra Technologies in the 4th quarter worth about $35,000. Finally, Fortitude Family Office LLC lifted its holdings in Zebra Technologies by 159.5% during the 4th quarter. Fortitude Family Office LLC now owns 96 shares of the industrial products company’s stock valued at $37,000 after buying an additional 59 shares in the last quarter. 91.03% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. UBS Group dropped their target price on shares of Zebra Technologies from $445.00 to $425.00 and set a “buy” rating on the stock in a research note on Tuesday, February 18th. Citigroup dropped their price objective on Zebra Technologies from $371.00 to $250.00 and set a “neutral” rating on the stock in a research note on Monday. Robert W. Baird decreased their target price on Zebra Technologies from $432.00 to $380.00 and set an “outperform” rating for the company in a research report on Tuesday, February 18th. Barclays dropped 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, Morgan Stanley decreased their price objective on Zebra Technologies from $390.00 to $232.00 and set an “equal weight” rating for the company in a report on Tuesday, April 8th. Five equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Zebra Technologies presently has a consensus rating of “Moderate Buy” and an average target price of $343.36.

Zebra Technologies Stock Performance

Shares of Zebra Technologies stock opened at $224.76 on Thursday. Zebra Technologies Co. has a one year low of $205.73 and a one year high of $427.76. The company has a market capitalization of $11.55 billion, a PE ratio of 22.08 and a beta of 1.76. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.03 and a current ratio of 1.43. The company has a 50-day simple moving average of $284.53 and a two-hundred day simple moving average of $353.65.

Zebra Technologies (NASDAQ:ZBRA) last announced its earnings results 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). The firm had revenue of $1.33 billion during the quarter, compared to analyst estimates of $1.31 billion. Zebra Technologies had a net margin of 10.60% and a return on equity of 18.34%. Research analysts expect that Zebra Technologies Co. will post 13.71 EPS for the current fiscal year.

Insider Activity at Zebra Technologies

In other Zebra Technologies news, Director Anders Gustafsson purchased 500 shares of the company’s stock in a transaction dated Monday, February 24th. The shares were acquired at an average price of $311.00 per share, for a total transaction of $155,500.00. Following the completion of the purchase, the director now owns 202,176 shares of the company’s stock, valued at approximately $62,876,736. The trade was a 0.25 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.84% of the stock is currently owned by corporate 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.