MJP Associates Inc. ADV Buys 64 Shares of Zebra Technologies Co. (NASDAQ:ZBRA)

MJP Associates Inc. ADV grew its stake in Zebra Technologies Co. (NASDAQ:ZBRA) by 7.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 920 shares of the industrial products company’s stock after buying an additional 64 shares during the period. MJP Associates Inc. ADV’s holdings in Zebra Technologies were worth $251,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Ontario Teachers Pension Plan Board boosted its position in shares of Zebra Technologies by 2.6% during the 1st quarter. Ontario Teachers Pension Plan Board now owns 1,603 shares of the industrial products company’s stock valued at $663,000 after purchasing an additional 41 shares in the last quarter. Steward Partners Investment Advisory LLC lifted its position in shares of Zebra Technologies by 7.7% during the 1st quarter. Steward Partners Investment Advisory LLC now owns 627 shares of the industrial products company’s stock valued at $199,000 after acquiring an additional 45 shares during the period. Clear Street Markets LLC increased its stake in Zebra Technologies by 92.5% in the first quarter. Clear Street Markets LLC now owns 102 shares of the industrial products company’s stock valued at $32,000 after purchasing an additional 49 shares in the last quarter. Horizon Investments LLC raised its holdings in shares of Zebra Technologies by 6.9% during the second quarter. Horizon Investments LLC now owns 790 shares of the industrial products company’s stock valued at $234,000 after purchasing an additional 51 shares during the period. Finally, Centaurus Financial Inc. raised its holdings in shares of Zebra Technologies by 8.8% during the first quarter. Centaurus Financial Inc. now owns 655 shares of the industrial products company’s stock valued at $208,000 after purchasing an additional 53 shares during the period. 91.03% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, CAO Colleen M. O’sullivan sold 135 shares of the company’s stock in a transaction on Friday, February 23rd. The stock was sold at an average price of $279.36, for a total transaction of $37,713.60. Following the transaction, the chief accounting officer now owns 5,543 shares of the company’s stock, valued at approximately $1,548,492.48. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 1.06% of the company’s stock.

Zebra Technologies Stock Performance

Shares of ZBRA stock traded up $2.28 during trading on Thursday, hitting $301.44. The company’s stock had a trading volume of 368,240 shares, compared to its average volume of 390,624. The company has a current ratio of 1.05, a quick ratio of 0.54 and a debt-to-equity ratio of 0.67. The company has a market cap of $15.49 billion, a PE ratio of 52.49 and a beta of 1.78. The business has a fifty day moving average of $270.28 and a 200-day moving average of $246.91. Zebra Technologies Co. has a 52 week low of $194.59 and a 52 week high of $320.55.

Zebra Technologies (NASDAQ:ZBRA) last announced its quarterly earnings data on Thursday, February 15th. The industrial products company reported $1.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.62 by $0.09. The firm had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $1 billion. Zebra Technologies had a return on equity of 15.30% and a net margin of 6.46%. The business’s revenue for the quarter was down 32.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $4.43 EPS. As a group, research analysts anticipate that Zebra Technologies Co. will post 9.76 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on ZBRA shares. StockNews.com lowered Zebra Technologies from a “hold” rating to a “sell” rating in a research report on Friday, February 16th. Truist Financial assumed coverage on shares of Zebra Technologies in a research report on Thursday, March 14th. They issued a “hold” rating and a $300.00 price target for the company. Three investment analysts have rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $270.67.

Zebra Technologies 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.