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Zebra Technologies Corp. (NASDAQ:ZBRA) SVP Philip Gerskovich sold 31,128 shares of the stock on the open market in a transaction that occurred on Thursday, August 14th. The stock was sold at an average price of $75.08, for a total value of $2,337,090.24. Following the transaction, the senior vice president now directly owns 18,413 shares of the company’s stock, valued at approximately $1,382,448. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

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 Corp. (NASDAQ:ZBRA) opened at 77.84 on Wednesday. Zebra Technologies Corp. has a one year low of $43.92 and a one year high of $87.53. The stock’s 50-day moving average is $80.45 and its 200-day moving average is $72.48. The company has a market cap of $3.952 billion and a price-to-earnings ratio of 26.15.

Zebra Technologies Corp. (NASDAQ:ZBRA) last posted its quarterly earnings results on Tuesday, August 5th. The company reported $0.84 earnings per share for the quarter, beating the analysts’ 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 last year, the company posted $0.63 earnings per share. Zebra Technologies Corp.’s revenue was up 13.9% compared to the same quarter last year. Analysts expect that Zebra Technologies Corp. will post $3.60 EPS for the current fiscal year.

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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