Live Stock Coverage: Will Zebra Technologies Corp. Go Down Anytime Soon?

Live Stock Coverage: Will Zebra Technologies Corp. Go Down Anytime Soon?

The stock of Zebra Technologies Corp. (NASDAQ:ZBRA) is a huge mover today! About 1.22M shares traded hands or 205.00% up from the average. Zebra Technologies Corp. (NASDAQ:ZBRA) has declined 1.84% since April 13, 2016 and is downtrending. It has underperformed by 5.76% the S&P500.
The move comes after 9 months positive chart setup for the $3.87 billion company. It was reported on Nov, 15 by Barchart.com. We have $96.26 PT which if reached, will make NASDAQ:ZBRA worth $1.20 billion more.

Zebra Technologies Corp. (NASDAQ:ZBRA) Ratings Coverage

Out of 7 analysts covering Zebra Tech (NASDAQ:ZBRA), 5 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 71% are positive. Zebra Tech has been the topic of 12 analyst reports since August 12, 2015 according to StockzIntelligence Inc. The company was maintained on Monday, October 10 by Imperial Capital. The rating was maintained by Barrington Research on Friday, May 13 with “Outperform”. On Tuesday, September 1 the stock rating was upgraded by Imperial Capital to “Outperform”. The stock of Zebra Technologies Corp. (NASDAQ:ZBRA) earned “Outperform” rating by Imperial Capital on Wednesday, December 9. Morgan Stanley initiated Zebra Technologies Corp. (NASDAQ:ZBRA) on Monday, August 24 with “Overweight” rating. The firm earned “Outperform” rating on Wednesday, August 26 by Barrington Research. On Wednesday, August 12 the stock rating was maintained by Oppenheimer with “Outperform”. Northcoast downgraded Zebra Technologies Corp. (NASDAQ:ZBRA) on Wednesday, June 29 to “Neutral” rating. The firm earned “Outperform” rating on Wednesday, August 12 by Robert W. Baird. Goldman Sachs initiated Zebra Technologies Corp. (NASDAQ:ZBRA) on Wednesday, June 8 with “Neutral” rating.

According to Zacks Investment Research, “Zebra Technologies Corporation and its wholly-owned subsidiaries design, manufacture and support a broad range of direct thermal and thermal transfer bar code label printers, receipt printers, instant-issuance plastic card printers and secure identification printing systems, related accessories, and support software. The company markets its products worldwide principally to manufacturing and service organizations for use in automatic identification, data collection, and personal identification systems.”

Insitutional Activity: The institutional sentiment increased to 1.57 in Q2 2016. Its up 0.68, from 0.89 in 2016Q1. The ratio improved, as 34 funds sold all Zebra Technologies Corp. shares owned while 50 reduced positions. 38 funds bought stakes while 94 increased positions. They now own 52.04 million shares or 0.98% more from 51.54 million shares in 2016Q1.
Blackrock Gp Inc Limited, a United Kingdom-based fund reported 34,261 shares. Rosenblum Silverman Sutton S F Ca holds 0.49% of its portfolio in Zebra Technologies Corp. (NASDAQ:ZBRA) for 20,535 shares. Logan Management has invested 0.02% of its portfolio in Zebra Technologies Corp. (NASDAQ:ZBRA). Skyline Asset Mgmt Limited Partnership holds 0.84% of its portfolio in Zebra Technologies Corp. (NASDAQ:ZBRA) for 228,200 shares. Tru Of Vermont last reported 0% of its portfolio in the stock. Blackrock Institutional Na last reported 1.54 million shares in the company. Whitnell has invested 0.02% of its portfolio in Zebra Technologies Corp. (NASDAQ:ZBRA). Moreover, Tiaa Cref Inv Management Limited Liability has 0.01% invested in Zebra Technologies Corp. (NASDAQ:ZBRA) for 163,731 shares. Great West Life Assurance Commerce Can reported 100,428 shares or 0.03% of all its holdings. Cubist Systematic Strategies Llc holds 0.05% or 17,640 shares in its portfolio. Palo Cap Incorporated holds 0.26% of its portfolio in Zebra Technologies Corp. (NASDAQ:ZBRA) for 14,914 shares. Retail Bank Of America Corp De holds 0% of its portfolio in Zebra Technologies Corp. (NASDAQ:ZBRA) for 204,086 shares. New York State Common Retirement Fund accumulated 203,251 shares or 0.01% of the stock. The Florida-based Ladenburg Thalmann Fin Services has invested 0% in Zebra Technologies Corp. (NASDAQ:ZBRA). Morgan Stanley holds 121,773 shares or 0% of its portfolio.

Insider Transactions: Since May 19, 2016, the stock had 1 buy, and 4 selling transactions for $896,077 net activity. Shares for $235,837 were bought by KAPUT JIM L on Thursday, September 8. TERZICH MICHAEL H also sold $600,265 worth of Zebra Technologies Corp. (NASDAQ:ZBRA) shares. 1,850 shares were sold by Cho Michael, worth $126,836 on Tuesday, September 20. $55,234 worth of Zebra Technologies Corp. (NASDAQ:ZBRA) shares were bought by Modruson Frank Blaise.

More notable recent Zebra Technologies Corp. (NASDAQ:ZBRA) news were published by: Rttnews.com which released: “Zebra Technologies Corp. Reveals 4% Rise In Q3 Earnings” on November 15, 2016, also Fool.com with their article: “Why Zebra Technologies Corp. Stock Was Slammed” published on May 10, 2016, Wsj.com published: “Zebra Technologies Reports Smaller-Than-Expected Sales Decline” on August 09, 2016. More interesting news about Zebra Technologies Corp. (NASDAQ:ZBRA) were released by: Prnewswire.com and their article: “Extreme Networks Agrees to Acquire Wireless LAN Business from Zebra Technologies” published on September 14, 2016 as well as Nasdaq.com‘s news article titled: “Commit To Purchase Zebra Technologies Corp. At $55, Earn 11.1% Annualized …” with publication date: November 02, 2016.

ZBRA Company Profile

Zebra Technologies Corporation, incorporated on July 10, 1998, offers a range of solutions in the automatic information and data capture industry. The Firm designs, makes and sells a range of products that capture and move data, including mobile computers; barcode scanners and imagers; radio frequency identification device (RFID) readers; wireless local area network (WLAN) solutions and software; specialty printers for barcode labelling and personal identification; real-time location systems (RTLS); related accessories and supplies, such as self-adhesive labels and other consumables, and software and services that are associated with these products. The Firm has two divisions: Legacy Zebra and Enterprise. End users of the Company’s products include those in the retail, transportation and logistics, manufacturing, healthcare, hospitality, warehouse and distribution, energy and utilities, and education industries around the world.

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