VELA Investment Management LLC raised its position in shares of Zebra Technologies Corporation (NASDAQ:ZBRA – Free Report) by 1,400.8% in the second quarter, according to its most recent filing with the SEC. The firm owned 21,281 shares of the industrial products company’s stock after purchasing an additional 19,863 shares during the quarter. Zebra Technologies makes up approximately 1.2% of VELA Investment Management LLC’s investment portfolio, making the stock its 17th largest holding. VELA Investment Management LLC’s holdings in Zebra Technologies were worth $5,602,000 at the end of the most recent reporting period.
Several other hedge funds have also recently added to or reduced their stakes in the company. Johnson Financial Group Inc. boosted its stake in shares of Zebra Technologies by 330.3% in the 4th quarter. Johnson Financial Group Inc. now owns 142 shares of the industrial products company’s stock valued at $34,000 after purchasing an additional 109 shares during the last quarter. SBI Securities Co. Ltd. raised its stake in Zebra Technologies by 164.8% during the fourth quarter. SBI Securities Co. Ltd. now owns 143 shares of the industrial products company’s stock worth $35,000 after buying an additional 89 shares during the last quarter. CYBER HORNET ETFs LLC bought a new position in Zebra Technologies during the second quarter worth $39,000. Intesa Sanpaolo Wealth Management acquired a new position in Zebra Technologies in the fourth quarter valued at $73,000. Finally, UMB Bank n.a. lifted its holdings in Zebra Technologies by 33.0% in the fourth quarter. UMB Bank n.a. now owns 306 shares of the industrial products company’s stock valued at $74,000 after buying an additional 76 shares during the period. Institutional investors own 91.03% of the company’s stock.
Insider Buying and Selling
In other Zebra Technologies news, Director Linda Connly sold 500 shares of the firm’s stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $377.68, for a total value of $188,840.00. Following the completion of the sale, the director owned 3,708 shares of the company’s stock, valued at approximately $1,400,437.44. This trade represents a 11.88% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Michael Cho sold 3,500 shares of the business’s stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $375.20, for a total value of $1,313,200.00. Following the sale, the insider owned 5,170 shares of the company’s stock, valued at approximately $1,939,784. This represents a 40.37% decrease in their position. The SEC filing for this sale provides additional information. 0.91% of the stock is currently owned by corporate insiders.
Zebra Technologies Price Performance
Zebra Technologies (NASDAQ:ZBRA – Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $6.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.36 by $1.99. The company had revenue of $1.56 billion for the quarter, compared to analysts’ expectations of $1.50 billion. Zebra Technologies had a net margin of 9.22% and a return on equity of 22.29%. The business’s revenue was up 20.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $3.61 EPS. Zebra Technologies has set its Q3 2026 guidance at 4.700-4.900 EPS and its FY 2026 guidance at 20.750-21.250 EPS. Equities research analysts anticipate that Zebra Technologies Corporation will post 17.22 earnings per share for the current fiscal year.
Analyst Ratings Changes
ZBRA has been the subject of a number of recent analyst reports. Morgan Stanley set a $360.00 price target on Zebra Technologies in a report on Wednesday, August 5th. BNP Paribas Exane reissued an “outperform” rating and issued a $455.00 price objective (up from $370.00) on shares of Zebra Technologies in a research note on Wednesday, August 5th. TD Cowen upped their target price on Zebra Technologies from $400.00 to $450.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. Truist Financial raised their target price on Zebra Technologies from $296.00 to $355.00 and gave the stock a “hold” rating in a research note on Wednesday, August 5th. Finally, Weiss Ratings upgraded Zebra Technologies from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday, July 17th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, Zebra Technologies has an average rating of “Moderate Buy” and an average target price of $381.00.
Check Out Our Latest Stock Report on ZBRA
Zebra Technologies 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.
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