Venturi Wealth Management LLC Has $381,000 Stock Holdings in Zebra Technologies Co. (NASDAQ:ZBRA)

Venturi Wealth Management LLC boosted its stake in shares of Zebra Technologies Co. (NASDAQ:ZBRA) by 62.6% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 1,029 shares of the industrial products company’s stock after buying an additional 396 shares during the period. Venturi Wealth Management LLC’s holdings in Zebra Technologies were worth $381,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in ZBRA. Kayne Anderson Rudnick Investment Management LLC increased its position in Zebra Technologies by 1.7% during the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 1,449,609 shares of the industrial products company’s stock worth $447,828,000 after buying an additional 24,058 shares during the last quarter. Price T Rowe Associates Inc. MD increased its stake in Zebra Technologies by 44.8% in the first quarter. Price T Rowe Associates Inc. MD now owns 1,373,792 shares of the industrial products company’s stock valued at $414,117,000 after acquiring an additional 425,207 shares during the last quarter. Boston Partners lifted its position in shares of Zebra Technologies by 9.7% during the 1st quarter. Boston Partners now owns 1,108,819 shares of the industrial products company’s stock worth $334,230,000 after buying an additional 98,045 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in Zebra Technologies by 5.8% in the 2nd quarter. Dimensional Fund Advisors LP now owns 390,541 shares of the industrial products company’s stock valued at $120,650,000 after purchasing an additional 21,534 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in shares of Zebra Technologies by 2.1% during the second quarter. Bank of New York Mellon Corp now owns 346,939 shares of the industrial products company’s stock valued at $107,180,000 after purchasing an additional 7,117 shares in the last quarter. 91.03% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, CFO Nathan Andrew Winters sold 1,837 shares of the firm’s stock in a transaction that occurred on Thursday, October 31st. The shares were sold at an average price of $381.73, for a total value of $701,238.01. Following the completion of the transaction, the chief financial officer now owns 11,421 shares of the company’s stock, valued at approximately $4,359,738.33. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other news, CFO Nathan Andrew Winters sold 1,837 shares of the firm’s stock in a transaction on Thursday, October 31st. The shares were sold at an average price of $381.73, for a total value of $701,238.01. Following the completion of the sale, the chief financial officer now owns 11,421 shares in the company, valued at approximately $4,359,738.33. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Jeffrey F. Schmitz sold 1,000 shares of the stock in a transaction dated Thursday, August 15th. The shares were sold at an average price of $341.69, for a total transaction of $341,690.00. Following the completion of the transaction, the insider now directly owns 9,694 shares of the company’s stock, valued at approximately $3,312,342.86. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.04% of the stock is owned by insiders.

Wall Street Analyst Weigh In

ZBRA has been the subject of a number of analyst reports. Needham & Company LLC lifted their target price on shares of Zebra Technologies from $394.00 to $430.00 and gave the stock a “buy” rating in a research note on Wednesday, October 30th. Barclays boosted their price objective on Zebra Technologies from $347.00 to $407.00 and gave the stock an “equal weight” rating in a research report on Thursday, October 31st. Robert W. Baird boosted their price objective on Zebra Technologies from $380.00 to $415.00 and gave the company an “outperform” rating in a research note on Wednesday, October 30th. Redburn Atlantic raised shares of Zebra Technologies to a “strong-buy” rating in a research note on Wednesday, July 31st. Finally, Truist Financial reiterated a “hold” rating and issued a $383.00 target price (up from $379.00) on shares of Zebra Technologies in a research report on Wednesday, October 30th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $385.18.

Zebra Technologies Trading Down 0.1 %

Shares of NASDAQ:ZBRA opened at $402.69 on Wednesday. The company has a quick ratio of 0.96, a current ratio of 1.37 and a debt-to-equity ratio of 0.61. Zebra Technologies Co. has a 52-week low of $202.01 and a 52-week high of $405.62. The business has a 50-day moving average price of $364.88 and a 200-day moving average price of $336.26. The stock has a market cap of $20.77 billion, a price-to-earnings ratio of 54.79 and a beta of 1.64.

Zebra Technologies (NASDAQ:ZBRA) last posted its quarterly earnings data on Tuesday, October 29th. The industrial products company reported $3.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.92 by $0.57. The business had revenue of $1.26 billion for the quarter, compared to the consensus estimate of $1.22 billion. Zebra Technologies had a net margin of 8.20% and a return on equity of 15.56%. The company’s revenue was up 31.3% compared to the same quarter last year. During the same period last year, the firm posted $0.57 earnings per share. Equities analysts predict that Zebra Technologies Co. will post 12.4 EPS for the current year.

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.