(NASDAQ:ZBRA) shares saw heavy trading volume with 497K shares changing hands in the last trading session. Overall, volume was up 139.03% over the stocks normal daily volume.
Traders are a little more bearish on shares of Zebra Technologies Corporation of late considering the motion in short interest. The firm experienced a rise in short interest between September 29, 2017 and October 13, 2017 of 11.16%. Short shares grew from 798,906 to 888,102 over that timeframe. The days to cover decreased to 3.0 and the percentage of shorted shares is 0.02% as of October 13.
Additionally, here are a few investment firms who have increased or decreased their stake in (ZBRA). Nationwide Fund Advisors added to its holdings by buying 77,845 shares an increase of 43.9% as of 09/30/2017. Nationwide Fund Advisors currently owns 254,968 shares with a value of $27,684,000. The total value of its holdings increased 55.5%. As of the end of the quarter Pictet Asset Management Ltd had bought 54,471 shares growing its position 11.5%. The value of the total investment in Zebra Technologies Corporation went from $49,562,000 to $57,490,000 increasing 16.0% since the last quarter.
As of quarter end Raymond James Financial Services Advisors, Inc. had disposed of a total of 1,380 shares trimming its stake by 36.2%. The value in dollars decreased from $383,000 to $264,000 a change of 31.1% quarter to quarter. Aperio Group, LLC downsized its position by selling 468 shares a decrease of 3.1% from 06/30/2017 to 09/30/2017. Aperio Group, LLC owns 14,570 shares valued at $1,582,000. The value of the position overall is up by 4.6%.
The company is so far trading up by 5.00% since yesterday’s close of $115.99. It is trading at $115.99 which is slightly above the 50 day moving average of $109.50 and a great deal higher than the 200 day moving average of $103.11. The 50 day moving average was up $6.49 and the 200 day average moved up $12.88.
In the last earnings report the EPS was $-0.79 and is estimated to be $6.67 for the current year with 53,108,000 shares outstanding. Analysts expect next quarter’s EPS will be $2.08 and the next full year EPS is projected to be $7.65.
Zebra Technologies Corporation (Zebra), launched on July 10, 1991, designs, manufactures and sells a range of automatic identification and data capture (AIDC) products. The Business’s AIDC products include mobile computers, barcode scanners, radio frequency identification (RFID) readers, wireless local area network (WLAN) products, specialty printers for barcode labeling and personal identification, real-time location systems (RTLS), related accessories and supplies, such as self-adhesive labels and other consumables, and utilities and application software. The Company operates through two segments: Legacy Zebra, which comprises barcode and card printing, location solutions, supplies and services, and Enterprise, which comprises its mobile computing, data capture, RFID and WLAN products, and services. The Business’s products are used in automatic identification (auto ID), data collection and personal identification applications and are distributed around the world through a network of resellers, distributors and end users representing a cross-section of industrial, service and government organizations. The Company provides a range of maintenance, technical support, repair and managed services, including cloud based subscriptions. It also provides services strategically aligned to the way enterprise businesses manage their mobility infrastructure, devices and related software applications..