Zebra Technologies Corp’s recently made public that its Chief Accounting Officer O’Sullivan Colleen M unloaded Company’s shares for reported $75979.0 on Nov 25 ’24. In the deal valued at $399.89 per share,190 shares were sold. As a result of this transaction, O’Sullivan Colleen M now holds 5,914 shares worth roughly $2.26 million.
Then, O’Sullivan Colleen M bought 190 shares, generating $75,970 in total proceeds.
Before that, Cho Michael sold 298 shares. Zebra Technologies Corp shares valued at $119,483 were divested by the Chief Strategy Officer at a price of $400.95 per share. As a result of the transaction, Cho Michael now holds 3,809 shares, worth roughly $1.45 million.
Morgan Stanley upgraded its Zebra Technologies Corp [ZBRA] rating to an Equal-weight from a an Underweight in a research note published on December 02, 2024; the price target was increased to $400 from $305. A number of analysts have revised their coverage, including Vertical Research’s analysts, who began to cover the stock in late July with a ‘”a Buy”‘ rating. Exane BNP Paribas also remained covering ZBRA and has increased its forecast on June 13, 2024 with a “Neutral” recommendation from previously “an Underperform” rating. Wolfe Research revised its rating on April 08, 2024. It rated ZBRA as “an Outperform” which previously was an “a Peer perform”.
Price Performance Review of ZBRA
On Monday, Zebra Technologies Corp [NASDAQ:ZBRA] saw its stock fall -1.00% to $381.69. Over the last five days, the stock has lost -2.60%. Zebra Technologies Corp shares have fallen nearly -1.17% since the year began. Nevertheless, the stocks have risen 49.52% over the past one year. While a 52-week high of $413.43 was reached on 01/06/25, a 52-week low of $233.95 was recorded on 01/13/25. SMA at 50 days reached $394.99, while 200 days put it at $343.90.
Levels Of Support And Resistance For ZBRA Stock
The 24-hour chart illustrates a support level at 377.03, which if violated will result in even more drops to 372.38. On the upside, there is a resistance level at 385.74. A further resistance level may holdings at 389.80. The Relative Strength Index (RSI) on the 14-day chart is 41.06, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.38, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 78.84%. Stochastics %K at 44.85% indicates the stock is a holding.
How much short interest is there in Zebra Technologies Corp?
A steep rise in short interest was recorded in Zebra Technologies Corp stocks on 2024-12-31, growing by 58660.0 shares to a total of 0.62 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 0.56 million shares. There was a rise of 9.46%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on April 02, 2024 when Barclays began covering the stock and recommended ‘”an Equal weight”‘ rating along with a $292 price target.
