Insider Selling: Philip Gerskovich Unloads 31,128 Shares of Zebra Technologies Corp. Stock (ZBRA)
Zebra Technologies Corp. (NASDAQ:ZBRA) SVP Philip Gerskovich sold 31,128 shares of Zebra Technologies Corp. stock in a transaction that occurred on Thursday, August 14th. The shares were sold at an average price of $75.08, for a total value of $2,337,090.24. Following the completion of the transaction, the senior vice president now directly owns 18,413 shares of the company’s stock, valued at approximately $1,382,448. The sale was disclosed in a filing with the SEC, which is available at this link.
Zebra Technologies Corp. (NASDAQ:ZBRA) traded up 2.09% on Monday, hitting $76.71. 344,749 shares of the company’s stock traded hands. Zebra Technologies Corp. has a 1-year low of $43.92 and a 1-year high of $87.53. The stock has a 50-day moving average of $80.6 and a 200-day moving average of $72.02. The company has a market cap of $3.894 billion and a price-to-earnings ratio of 25.61.
Zebra Technologies Corp. (NASDAQ:ZBRA) last issued its quarterly earnings data on Tuesday, August 5th. The company reported $0.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.82 by $0.02. The company had revenue of $288.42 million for the quarter, compared to the consensus estimate of $285.64 million. During the same quarter in the previous year, the company posted $0.63 earnings per share. The company’s revenue for the quarter was up 13.9% on a year-over-year basis. On average, analysts predict that Zebra Technologies Corp. will post $3.60 earnings per share for the current fiscal year.
ZBRA has been the subject of a number of recent research reports. Analysts at Imperial Capital downgraded shares of Zebra Technologies Corp. from an “outperform” rating to an “in-line” rating in a research note on Tuesday, July 8th. They now have a $85.00 price target on the stock. Analysts at Northcoast Research downgraded shares of Zebra Technologies Corp. from a “buy” rating to a “neutral” rating in a research note on Friday, June 13th.
Zebra Technologies Corporation (NASDAQ:ZBRA) designs, manufactures and sells specialty printing devices that print variable information on demand at the point of issuance.
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