Large Outflow of Money Witnessed in Zebra Technologies Corporation

Zebra Technologies Corporation (NASDAQ:ZBRA) jumped 0.1 points or 0.18% on strong buying and was last priced at $56.12 per share. The shares saw huge fund flow intraday; a massive $1.42 million made their way in through the upticks but an even bigger $4.21 million made their way out through downticks. As per the last observation, the net money flow stood at $(-2.8) million and the up/down ratio was found to be 0.34. The shares have seen a weekly value change of 2.48% .A block trade was recorded in the company shares with a net money flow of $(-2.79) million. The composite value of the funds in upticks was $0 million and the total value of funds in downticks was $2.79. As can be seen from the data, the block transaction had the up/down ratio of 0.


Currently the company Insiders own 2.5% of Zebra Technologies Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 11.72% . Institutional Investors own 98.77% of Zebra Technologies Corporation shares. During last six month period, the net percent change held by insiders has seen a change of 8.93%. On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Zebra Technologies Corp, Modruson Frank Blaise, had purchased 1,130 shares in a transaction dated on May 19, 2016. The transaction was executed at $48.88 per share with total amount equaling $55,234.

Zebra Technologies Corporation (NASDAQ:ZBRA) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.62 points or 1.11% at $55.4 with 729,400 shares getting traded. Post opening the session at $55.7, the shares hit an intraday low of $55.23 and an intraday high of $56.21 and the price was in this range throughout the day. The company has a market cap of $2,894 million and the number of outstanding shares have been calculated to be 52,239,352 shares. The 52-week high of Zebra Technologies Corporation (NASDAQ:ZBRA) is $119.47 and the 52-week low is $48.51.

Many analysts have stated their opinion on the company shares. Goldman Sachs initiates coverage on Zebra Technologies Corporation (NASDAQ:ZBRA). The rating major has initiated the coverage with neutral rating on the shares. The Analysts at Goldman Sachs announces a current price target of $55 per share. The rating by the firm was issued on June 8, 2016.

Zebra Technologies Corporation offers enterprise asset intelligence products and services. The Companys products and services allow customers to manage their assets, transactions and people of their organization. It designs, manufactures and sells a range of products, including enterprise mobile computers; advanced data capture devices; wireless local area network (WLAN) products; real-time location systems; related supplies, and utilities, frameworks and application software. It operates through two segments: Enterprise, which consists of its mobile computing, data capture and WLAN products, and Legacy Zebra, which consists of barcode and card printing, location, and motion sensing and supplies products. It provides a platform, iFactr, which offers the migration path for Windows Mobile/CE.NET compact framework applications. In addition, it provides solutions in enterprise mobile space, including modernizing rugged deployments, as well as creating cross-platform applications.

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