Zebra Technologies Corp (ZBRA, Financial), a leader in marking, tracking, and computer printing technologies, recently saw a notable transaction from its Chief Legal Officer, Cristen Kogl. On November 6, 2024, the insider sold 522 shares of the company at a price of $390 per share, as detailed in the SEC Filing. Following this transaction, the insider now owns 14,904 shares of Zebra Technologies Corp.
Over the past year, the insider has sold a total of 522 shares and has not purchased any shares. This recent sale is part of a broader trend within the company, where there have been 11 insider sells and only 2 insider buys over the same timeframe.
Shares of Zebra Technologies Corp were trading at $390 on the day of the transaction, giving the company a market cap of approximately $20.60 billion. The price-earnings ratio of the company stands at 54.33, which is significantly higher than the industry median of 23.94 and above the company's historical median.
The stock's valuation, according to GuruFocus Value, is considered significantly overvalued with a price-to-GF Value ratio of 1.46, based on a GF Value of $266.44. The GF Value is calculated considering historical trading multiples, an adjustment factor based on past returns and growth, and future business performance estimates.
This insider sale might interest investors tracking insider behaviors as an indicator of the company’s future performance or stock valuation adjustments. Zebra Technologies Corp continues to play a significant role in its sector, with a strong presence in various technology markets.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
