Zebra Technologies Co. (NASDAQ:ZBRA) Shares Purchased by Jackson Creek Investment Advisors LLC

Jackson Creek Investment Advisors LLC lifted its stake in Zebra Technologies Co. (NASDAQ:ZBRA) by 16.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 790 shares of the industrial products company’s stock after purchasing an additional 114 shares during the period. Jackson Creek Investment Advisors LLC’s holdings in Zebra Technologies were worth $305,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in ZBRA. Sierra Ocean LLC acquired a new stake in shares of Zebra Technologies in the fourth quarter valued at about $28,000. Fortitude Family Office LLC lifted its stake in shares of Zebra Technologies by 159.5% in the fourth quarter. Fortitude Family Office LLC now owns 96 shares of the industrial products company’s stock valued at $37,000 after purchasing an additional 59 shares during the period. Ameliora Wealth Management Ltd. acquired a new stake in shares of Zebra Technologies in the fourth quarter valued at about $42,000. Kestra Investment Management LLC acquired a new stake in shares of Zebra Technologies in the fourth quarter valued at about $50,000. Finally, Spire Wealth Management raised its position in Zebra Technologies by 44.7% during the fourth quarter. Spire Wealth Management now owns 136 shares of the industrial products company’s stock worth $53,000 after acquiring an additional 42 shares during the last quarter. Institutional investors and hedge funds own 91.03% of the company’s stock.

Zebra Technologies Price Performance

Zebra Technologies stock opened at $292.69 on Friday. Zebra Technologies Co. has a 1 year low of $266.75 and a 1 year high of $427.76. The firm has a 50 day moving average price of $364.64 and a 200 day moving average price of $371.57. The company has a market cap of $15.04 billion, a price-to-earnings ratio of 28.75 and a beta of 1.68. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.03 and a current ratio of 1.43.

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

Insider Activity at Zebra Technologies

In other Zebra Technologies news, Director Anders Gustafsson acquired 500 shares of the firm’s stock in a transaction on Monday, February 24th. The stock was bought at an average cost of $311.00 per share, for a total transaction of $155,500.00. Following the completion of the purchase, the director now directly owns 202,176 shares in the company, valued at $62,876,736. This represents a 0.25 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.06% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the stock. Citigroup assumed coverage on shares of Zebra Technologies in a research report on Tuesday, January 14th. They set a “neutral” rating and a $430.00 target price for the company. Morgan Stanley cut their target price on shares of Zebra Technologies from $427.00 to $390.00 and set an “equal weight” rating for the company in a research report on Friday, February 14th. Barclays cut their target price on shares of Zebra Technologies from $407.00 to $326.00 and set an “equal weight” rating for the company in a research report on Friday, February 14th. Needham & Company LLC cut their target price on shares of Zebra Technologies from $430.00 to $395.00 and set a “buy” rating for the company in a research report on Friday, February 14th. Finally, Robert W. Baird cut their target price on shares of Zebra Technologies from $432.00 to $380.00 and set an “outperform” rating for the company in a research report on Tuesday, February 18th. Five research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Zebra Technologies currently has a consensus rating of “Moderate Buy” and an average target price of $381.42.

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.