Zebra Technologies Corp. SVP Unloads $2,187,373 in Stock (ZBRA)
Zebra Technologies Corp. (NASDAQ:ZBRA) SVP Philip Gerskovich sold 28,474 shares of the stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $76.82, for a total value of $2,187,372.68. Following the sale, the senior vice president now directly owns 9,484 shares in the company, valued at approximately $728,561. The sale was disclosed in a document filed with the SEC, 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) traded down 0.32% during mid-day trading on Tuesday, hitting $77.02. The stock had a trading volume of 201,509 shares. Zebra Technologies Corp. has a 52-week low of $43.92 and a 52-week high of $87.53. The stock’s 50-day moving average is $79.65 and its 200-day moving average is $73.29. The company has a market cap of $3.910 billion and a P/E ratio of 26.34.
Zebra Technologies Corp. (NASDAQ:ZBRA) last released its earnings data 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. On average, analysts predict that Zebra Technologies Corp. will post $3.60 earnings per share 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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