From MarketBeat Media:



Norris Perne & French LLP MI increased its stake in Zebra Technologies Co., an industrial products company listed on the NASDAQ. Zebra Technologies is a provider of enterprise asset intelligence solutions in the automatic identification and data capture solutions industry worldwide. In the 3rd quarter, the firm acquired an additional 1,352 shares to bring its total holdings of Zebra Technologies to 47,585, worth $11,255,000. Zebra Technologies’ stock traded at $274.48 on Wednesday with trading volume of 96,616 shares, compared to a general trading volume of 405,359. Market analysts recently downgraded Zebra Technologies from a “sell” to a “hold” rating. Despite the negative outlook, CEO Bill Burns made significant personal investments in the company by purchasing over 1,000 shares, valued at a total of $249,895. dbContexts.

The industrial products company’s last quarterly report showed better-than-expected earnings, with a return on equity of 21.07% and a net margin of 9.16%. Looking ahead, equities research analysts expect the company to post 8.7 EPS for the full year. Zebra Technologies, with a market cap of $14.10 billion, now has an average rating of “Hold” and a consensus target price of $267.00 according to data from MarketBeat.com. Insider activity in the firm has seen recent stock purchases by its CEO and CFO.



Read more: Norris Perne & French LLP MI Purchases 1,352 Shares of Zebra Technologies Co. (NASDAQ:ZBRA)