Zebra Technologies Corp (ZBRA) Files Form 4 Insider Selling : Michael Cho Sells 1,850 Shares

Zebra Technologies Corp (ZBRA): Michael Cho , SVP, Corporate Development of Zebra Technologies Corp sold 1,850 shares on Sep 20, 2016. The Insider selling transaction was reported by the company on Sep 22, 2016 to the Securities and Exchange Commission. The shares were sold at $68.56 per share for a total value of $126,836.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Sep 9, 2016, Jim L Kaput (SVP, General Counsel & Secy) purchased 3,457 shares at $68.22 per share price.On Aug 17, 2016, Michael H Terzich (SVP, Chief Administration Ofcr) sold 8,819 shares at $68.07 per share price.Also, On Aug 15, 2016, Michael Cho (SVP, Corporate Development) sold 1,241 shares at $64.98 per share price.On May 23, 2016, Frank Blaise Modruson (director) purchased 1,130 shares at $48.88 per share price.

Shares of Zebra Technologies Corp. (ZBRA) ended Tuesday, Sep 21, 2016 session in red amid volatile trading. The shares closed down -0.21 points or -0.31% at $68.56 with 2,95,108 shares getting traded. Post opening the session at $69.14, the shares hit an intraday low of $68.11 and an intraday high of $69.14 and the price vacillated in this range throughout the day. The company has a market cap of $3,618 M and the number of outstanding shares has been calculated to be 5,27,66,891 shares. The 52-week high of Zebra Technologies Corp. is $85.67 and the 52-week low is $46.13.

Zebra Technologies Corp. Money Flow Index Chart

Company has been under the radar of several Street Analysts.Zebra Technologies Corp. is Upgraded by Wellington Shields to Gradually Accumulate. Earlier the firm had a rating of Hold on the company shares. The Rating was issued on Aug 9, 2016.Zebra Technologies Corp. is Initiated by CLSA to Buy. The Rating was issued on Aug 3, 2016.Zebra Technologies Corp. is Reiterated by Imperial Capital to Outperform while Lowering the Price Target of the company shares to $ 65 from a previous price target of $110 . The Rating was issued on Jul 12, 2016.Zebra Technologies Corp. is Downgraded by Northcoast to Neutral. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Jun 29, 2016.

Zebra Technologies Corporation offers enterprise asset intelligence products and services. The Company’s 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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