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The Potential Rise in the Price of Zebra Technologies Corp. (ZBRA) following insiders activity

In a filing, Zebra Technologies Corp. revealed its Chief Accounting Officer O’Sullivan Colleen M unloaded Company’s shares for reported $37714.0 on Feb 23 ’24. In the deal valued at $279.36 per share,135 shares were sold. As a result of this transaction, O’Sullivan Colleen M now holds 5,543 shares worth roughly $1.74 million.

Then, Cho Michael sold 1,457 shares, generating $397,280 in total proceeds. Upon selling the shares at $272.67, the Chief Strategy Officer now owns 3,688 shares.

Before that, Schmitz Jeffrey F sold 1,000 shares. Zebra Technologies Corp. shares valued at $272,000 were divested by the Chief People Officer at a price of $272.00 per share. As a result of the transaction, Schmitz Jeffrey F now holds 9,059 shares, worth roughly $2.85 million.

Wolfe Research upgraded its Zebra Technologies Corp. [ZBRA] rating to an Outperform from a a Peer perform in a research note published recently. A number of analysts have revised their coverage, including Barclays’s analysts, who began to cover the stock in early April with a ‘”an Equal weight”‘ rating. Truist began covering ZBRA with “Hold” recommendation on March 14, 2024. Exane BNP Paribas started covering the stock on October 05, 2023. It rated ZBRA as “an Underperform”.

Price Performance Review of ZBRA

On Tuesday, Zebra Technologies Corp. [NASDAQ:ZBRA] saw its stock jump 4.85% to $314.56. Over the last five days, the stock has gained 13.74%. Zebra Technologies Corp. shares have risen nearly 15.08% since the year began. Nevertheless, the stocks have risen 9.21% over the past one year. While a 52-week high of $320.55 was reached on 04/30/24, a 52-week low of $194.59 was recorded on 02/01/24. SMA at 50 days reached $287.14, while 200 days put it at $257.26. A total of 0.91 million shares were traded, compared to the trading of 0.56 million shares in the previous session.

Levels Of Support And Resistance For ZBRA Stock

The 24-hour chart illustrates a support level at 304.86, which if violated will result in even more drops to 295.17. On the upside, there is a resistance level at 323.60. A further resistance level may holdings at 332.65. The Relative Strength Index (RSI) on the 14-day chart is 68.18, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 18.36, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 14.93%. Stochastics %K at 82.74% indicates the stock is a selling.

The most recent change occurred on October 03, 2023 when KeyBanc Capital Markets began covering the stock and recommended ‘”a Sector weight”‘ rating .

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