Zebra Technologies Co. (NASDAQ:ZBRA) Shares Purchased by Creative Financial Designs Inc. ADV

Creative Financial Designs Inc. ADV raised its stake in shares of Zebra Technologies Co. (NASDAQ:ZBRA) by 102.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 71 shares of the industrial products company’s stock after buying an additional 36 shares during the period. Creative Financial Designs Inc. ADV’s holdings in Zebra Technologies were worth $27,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of ZBRA. Natixis Advisors LLC increased its stake in Zebra Technologies by 14.7% during the 3rd quarter. Natixis Advisors LLC now owns 23,226 shares of the industrial products company’s stock valued at $8,601,000 after buying an additional 2,973 shares during the period. Thrivent Financial for Lutherans increased its stake in Zebra Technologies by 21.1% during the 3rd quarter. Thrivent Financial for Lutherans now owns 15,136 shares of the industrial products company’s stock valued at $5,606,000 after buying an additional 2,638 shares during the period. Quest Partners LLC grew its stake in shares of Zebra Technologies by 187,500.0% in the 3rd quarter. Quest Partners LLC now owns 1,876 shares of the industrial products company’s stock worth $695,000 after purchasing an additional 1,875 shares during the last quarter. Pathstone Holdings LLC grew its stake in shares of Zebra Technologies by 11.6% in the 3rd quarter. Pathstone Holdings LLC now owns 4,379 shares of the industrial products company’s stock worth $1,622,000 after purchasing an additional 456 shares during the last quarter. Finally, B. Metzler seel. Sohn & Co. Holding AG acquired a new position in shares of Zebra Technologies in the 3rd quarter worth approximately $504,000. Institutional investors and hedge funds own 91.03% of the company’s stock.

Zebra Technologies Stock Performance

ZBRA stock opened at $289.99 on Friday. 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 stock has a market cap of $14.90 billion, a P/E ratio of 28.49 and a beta of 1.68. The firm has a 50 day simple moving average of $343.03 and a 200 day simple moving average of $366.99. Zebra Technologies Co. has a 52 week low of $266.75 and a 52 week high of $427.76.

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

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on ZBRA shares. Morgan Stanley lowered their price objective on shares of Zebra Technologies from $427.00 to $390.00 and set an “equal weight” rating on the stock in a research note on Friday, February 14th. UBS Group lowered their price objective 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 started coverage on shares of Zebra Technologies in a research note on Tuesday, January 14th. They issued a “neutral” rating and a $430.00 price objective on the stock. Robert W. Baird lowered their price objective on shares of Zebra Technologies from $432.00 to $380.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 18th. Finally, Barclays lowered their price objective on shares of Zebra Technologies from $407.00 to $326.00 and set an “equal weight” rating on the stock in a research note on Friday, February 14th. Five equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $381.42.

Insider Buying and Selling

In related news, Director Anders Gustafsson purchased 500 shares of the firm’s stock in a transaction that occurred on Monday, February 24th. The stock was acquired at an average cost of $311.00 per share, for a total transaction of $155,500.00. Following the completion of the acquisition, the director now owns 202,176 shares in the company, valued at $62,876,736. This trade represents a 0.25 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.06% of the stock is currently owned by corporate insiders.

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.