A Director at Zebra Tech is Exercising Options

By Carrie Williams

Yesterday, a Director at Zebra Tech, Andrew Ludwick, exercised options of Zebra Tech for $892.8K.

Following this transaction Andrew Ludwick’s holding in the company was increased by 97.02% to a total of $5.75 million. This is Ludwick’s first transaction since reporting a Buy transaction on TIVO back in May 2010

Based on Zebra Tech’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $940 million and GAAP net loss of $12 million. In comparison, last year the company earned revenue of $908 million and had a GAAP net loss of $83 million. The company has a one-year high of $117.44 and a one-year low of $71.55. ZBRA’s market cap is $5.58B and the company has a P/E ratio of 186.02.

Nine different firms, including B.Riley FBR and Barrington, currently also have a Buy rating on the stock. Starting in August 2017, ZBRA received 5 Buy ratings in a row.

The insider sentiment on Zebra Tech has been neutral according to 35 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

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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.