Today, the SVP, Chief Product & Solutions of Zebra Tech (NASDAQ: ZBRA), Bill Burns, sold shares of ZBRA for $498.5K.
Following Bill Burns’ last ZBRA Sell transaction on December 22, 2015, the stock climbed by 92.3%. In addition to Bill Burns, one other ZBRA executive reported Sell trades in the last month.
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Based on Zebra Tech’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $1.01 billion and quarterly net profit of $70 million. In comparison, last year the company earned revenue of $896 million and had a net profit of $17 million. ZBRA’s market cap is $8.69B and the company has a P/E ratio of 51.43. Currently, Zebra Tech has an average volume of 376.1K.
Based on 5 analyst ratings, the analyst consensus is Strong Buy with an average price target of $180.00, reflecting a -9.4% downside.
The insider sentiment on Zebra Tech has been negative according to 60 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
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Zebra Technologies Corp. engages in the provision of automatic identification and data capture market. It operates through the AIT and EVM segments. The AIT segment consist of barcode and card printing, location solutions, supplies, and services.
