The stock of Zebra Technologies Corp. (NASDAQ:ZBRA) is a huge mover today! About 1.27 million shares traded hands or 154.78% up from the average. Zebra Technologies Corp. (NASDAQ:ZBRA) has risen 15.99% since April 14, 2016 and is uptrending. It has outperformed by 11.30% the S&P500.
The move comes after 6 months negative chart setup for the $4.35B company. It was reported on Nov, 16 by Barchart.com. We have $67.22 PT which if reached, will make NASDAQ:ZBRA worth $348.00 million less.
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 stock of Zebra Technologies Corp. (NASDAQ:ZBRA) has “Neutral” rating given on Wednesday, June 8 by Goldman Sachs. On Wednesday, December 9 the stock rating was maintained by Imperial Capital with “Outperform”. The rating was initiated by Morgan Stanley on Monday, August 24 with “Overweight”. The stock has “Outperform” rating given by Barrington Research on Wednesday, August 26. The stock of Zebra Technologies Corp. (NASDAQ:ZBRA) earned “Outperform” rating by Robert W. Baird on Wednesday, August 12. Northcoast downgraded the stock to “Neutral” rating in Wednesday, June 29 report. The rating was maintained by Imperial Capital on Monday, October 10 with “Outperform”. The stock has “Outperform” rating given by Imperial Capital on Tuesday, September 1. As per Wednesday, August 12, the company rating was maintained by Oppenheimer. On Friday, May 13 the stock rating was maintained by Barrington Research with “Outperform”.
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 2016 Q2. Its up 0.68, from 0.89 in 2016Q1. The ratio increased, 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.
Proshare Advsrs Limited Com holds 4,590 shares or 0% of its portfolio. Commonwealth Of Pennsylvania School Empls Retrmt Systems owns 10,055 shares or 0.01% of their US portfolio. Macquarie Group Ltd accumulated 1.79M shares or 0.17% of the stock. Jacobs Levy Equity Mgmt Inc accumulated 214,526 shares or 0.22% of the stock. Fil Ltd accumulated 148,786 shares or 0.02% of the stock. Pub Employees Retirement Association Of Colorado holds 0.01% or 12,997 shares in its portfolio. Alpine Woods Cap Investors Limited Liability Corporation reported 22,000 shares or 0.07% of all its holdings. Rhumbline Advisers accumulated 0.01% or 93,674 shares. Tower Cap Llc (Trc) has 1,248 shares for 0.01% of their US portfolio. Panagora Asset Management accumulated 0.01% or 26,539 shares. The Germany-based Deutsche Natl Bank Ag has invested 0.01% in Zebra Technologies Corp. (NASDAQ:ZBRA). Invesco Ltd reported 1.27 million shares or 0.02% of all its holdings. New South Management accumulated 2.60 million shares or 3.21% of the stock. Logan Cap Management, a Pennsylvania-based fund reported 5,337 shares. The Illinois-based Citadel Lc has invested 0% in Zebra Technologies Corp. (NASDAQ:ZBRA).
Insider Transactions: Since May 19, 2016, the stock had 1 buying transaction, and 4 sales for $896,077 net activity. $600,265 worth of Zebra Technologies Corp. (NASDAQ:ZBRA) shares were sold by TERZICH MICHAEL H. 5,000 shares were sold by KAPUT JIM L, worth $324,173. The insider Cho Michael sold 1,241 shares worth $80,640. Modruson Frank Blaise had bought 1,130 shares worth $55,234 on Thursday, May 19.
More notable recent Zebra Technologies Corp. (NASDAQ:ZBRA) news were published by: Profitconfidential.com which released: “Zebra Technologies Corp.: This Just Sent ZBRA Stock Running” on November 16, 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 Companyâ€™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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