The SVP, GC & Corporate Secretary of Zebra Tech (NASDAQ: ZBRA) is Selling Shares

By Carrie Williams

Today, the SVP, GC & Corporate Secretary of Zebra Tech (NASDAQ: ZBRA), Jim Kaput, sold shares of ZBRA for $992.3K.

In addition to Jim Kaput, 11 other ZBRA executives reported Sell trades in the last month. Following Jim Kaput’s last ZBRA Sell transaction on May 10, 2017, the stock climbed by 1.8%.

Based on Zebra Tech’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $864 million and quarterly net profit of $8 million. In comparison, last year the company earned revenue of $852 million and had a GAAP net loss of $26 million. The company has a one year high of $100.99 and a one year low of $46.13. Currently, Zebra Tech has an average volume of 357.5K.

Based on 3 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $100.67, reflecting a 0.0% upside.

In the last 30 days, insiders have sold $2.93M worth of ZBRA shares and purchased $1.59M worth of ZBRA shares.

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Zebra Technologies Corp. designs, manufactures and sells computerized bar-code laser printers. It operates through the Legacy Zebra and Enterprise segments. The Legacy Zebra segment comprises of barcode and card printing, location solutions, supplies, and services. The Enterprise segment includes mobile computing, data capture, radio-frequency identification (RFID), and services. Its products include: enterprise mobile computers; advanced data capture devices such as laser, 2-dimension and RFID scanners and readers; wireless local area network products; specialty printers for barcode labeling and personal identification; real-time location systems; related supplies such as self-adhesive labels; and utilities, frameworks and application software. The company was founded by Edward L. Kaplan and Gerhard Cless in 1969 and is headquartered in Lincolnshire, IL.