ZBRA

Zebra Technologies Corporation
NasdaqGSUSDEQUITY Technology DELAYED
Last price
385.00
▲ 9.34 (2.49%)
MARKET · —

Price

1D — H — L — Range — Vol —
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
378.66
Prev close
375.66
Day high
390.80
Day low
374.72
Volume
650.02K
Market cap
$18.25B
P/E (TTM)
34.44
52W range
199.05 – 390.80

Day trading desk

Current session · delayed
Gap from prior close
+0.80%
Prior close 375.66
VWAP
386.24
-0.32% from price
Relative volume
1.68×
Unusually busy
Session range
11.71%
357.17 – 399.00
Position in range
67%
Mid range
ATR (14D)
10.13
2.63% of price
Prior day high
379.35
PDH
Prior day low
370.82
PDL
Bid / ask spread
—
Quote not published
Session volume
1.12M
Avg 666.56K

VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.

Trailing performance

Price return · vs SPY
Returnvs SPY
1W
+2.61% +0.7%
1M
+6.35% +5.2%
3M
+45.95% +41.4%
6M
+81.53% +63.4%
YTD
+58.87% +44.6%
1Y
+26.48% +10.1%
3Y
+63.10% -19.2%
5Y
— —

Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.

Unusual options activity

Account required
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
Free account required

Contracts trading at or above their open interest, ranked by notional and where the print landed.

Free account

5 more panels on ZBRA open with an account.

Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.

Insider net activity

6m · Form 4 rollup
Net shares
+52.33K
Net buying
Buy transactions
17
59.83K shares
Sell transactions
4
7.50K shares
Net transactions
+21
Buys less sells
Sell : buy shares
0.1 : 1
Mixed
Insider-held shares
403.09K
Total on file
Bought 59.83KSold 7.50K

Insider transactions

Account required
DateInsiderAction SharesValueHeld
Aug 10, 26
CONNLY LINDA
Director
SELL 500 $188.84K Direct
Aug 7, 26
CHO MICHAEL
Officer
SELL 3.50K $1.31M Direct
May 26, 26
LUFF LOIZIDES MELISSA
Officer
SELL 500 $126.97K Direct
May 19, 26
GUSTAFSSON PER ANDERS
Director
STOCK 951 $235.04K Direct
May 19, 26
MANIRE ROSS WAYNE
Director
STOCK 951 $235.04K Direct
May 19, 26
MCDOWELL MARY THERESE
Director
STOCK 951 $235.04K Direct
May 19, 26
ROBERTS JANICE M
Director
STOCK 951 $235.04K Direct
May 19, 26
SMITH MICHAEL A
Director
STOCK 951 $235.04K Direct
May 19, 26
CONNLY LINDA
Director
STOCK 951 $235.04K Direct
May 19, 26
MILLER KENNETH BRADLEY
Director
STOCK 951 $235.04K Direct
May 19, 26
DHANASEKARAN SATISH
Director
STOCK 951 $235.04K Direct
May 19, 26
MODRUSON FRANK BLAISE
Director
STOCK 951 $235.04K Direct
May 19, 26
CONNORS NELDA J
Director
STOCK 951 $235.04K Direct
May 14, 26
ROBERTS JANICE M
Director
SELL 3.00K $748.62K Direct
What this is, and what it is not

These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.

A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.

This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.

Free account required

Officer and director trades in their own stock, straight from Form 4 filings.

Insider holders

10 reporting
NameRelationShares heldLatest
BURNS WILLIAM
Chief Executive Officer 75.97K Conversion of Exercise of derivative security
GUSTAFSSON PER ANDERS
Director 228.44K Stock Award(Grant)
HUDSON RICHARD EDWARD
Officer 17.30K Stock Award(Grant)
KOGL CRISTEN L
Officer 43.17K Conversion of Exercise of derivative security
MANIRE ROSS WAYNE
Director 32.57K Stock Award(Grant)
MODRUSON FRANK BLAISE
Director 31.67K Stock Award(Grant)
O SULLIVAN COLLEEN M
Officer 14.87K Stock Award(Grant)
SMITH MICHAEL A
Director 22.34K Stock Award(Grant)
WHITE JOSEPH RAMSEY
Officer 25.56K Conversion of Exercise of derivative security
WINTERS NATHAN ANDREW
Chief Financial Officer 45.98K Conversion of Exercise of derivative security

Fundamentals

TTM · reported
Market cap$18.25B
Enterprise value$21.06B
Revenue (TTM)$5.85B
Gross profit$2.90B
EBITDA$1.18B
Net income$539.00M
EPS (TTM)$11.20
Free cash flow$576.75M
Total cash$157.00M
Total debt$2.96B
Book value / share$72.49
Shares outstanding47.31M
Float46.87M
Short % of float4.59%
Dividend yield0.00%
Beta (5Y)1.58

Valuation & profitability ratios

Account required
Trailing P/E34.44
Forward P/E17.38
PEG ratio0.63
Price / sales—
Price / book5.32
EV / revenue3.60
EV / EBITDA17.78
Gross margin49.58%
Operating margin21.26%
Profit margin9.22%
Return on equity15.29%
Return on assets7.32%
Debt / equity86.23
Current ratio0.52
Free account required

Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.

Financial statements

As reported · 4 years · 5 quarters
Blank means not reported, not zero
Line item2025202420232022YoY
Total revenue $5.40B$4.98B$4.58B$5.78B +8.3%
Operating revenue $5.40B$4.98B$4.58B$5.78B +8.3%
Cost of revenue $2.80B$2.57B$2.46B$3.16B +9.2%
Gross profit $2.59B$2.41B$2.12B$2.62B +7.5%
Research & development $593.00M$563.00M$519.00M$570.00M +5.3%
Selling, general & admin $1.09B$981.00M$915.00M$982.00M +10.7%
Total operating expense $1.79B$1.65B$1.54B$1.69B +8.8%
Operating income $800.00M$765.00M$585.00M$936.00M +4.6%
Net interest income -$108.00M-$98.00M-$133.00M$23.00M -10.2%
Pre-tax income $560.00M$635.00M$334.00M$544.00M -11.8%
Tax provision $141.00M$107.00M$38.00M$81.00M +31.8%
Net income $419.00M$528.00M$296.00M$463.00M -20.6%
Net income to common $419.00M$528.00M$296.00M$463.00M -20.6%
Basic EPS 8.2410.255.758.86 -19.6%
Diluted EPS 8.1810.185.728.80 -19.6%
EBIT $668.00M$733.00M$467.00M$936.00M -8.9%
EBITDA $853.00M$905.00M$643.00M$1.14B -5.7%
Basic shares 50.82M51.49M51.38M52.21M -1.3%
Diluted shares 51.21M51.88M51.71M52.56M -1.3%

Options analytics

Account required
Put / call volume
1.34
Put-heavy session
Put / call open interest
2.02
Positioning, not flow
Max pain
360.00
-6.7% from spot
ATM implied vol
53.1%
Nearest strike to spot
Skew (10% OTM)
+5.3%
Puts bid over calls
Call volume
74
Contracts, this expiry
Put volume
99
Contracts, this expiry
Heaviest call OI
360.00
78 contracts
Heaviest put OI
310.00
146 contracts

Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.

Free account required

Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.

Earnings

History & consensus estimates
Reported vs expected · EPS
QuarterEst.ActualSurprise
Jun 2026 4.386.35 +45.1%
Mar 2026 4.254.75 +11.9%
Dec 2025 4.334.33 -0.1%
Sep 2025 3.753.88 +3.4%
Forward consensus
PeriodEPSAnalystsRevenueGrowth
Current quarter 4.90 15 $1.57B +18.9%
Next quarter 5.20 15 $1.61B +8.8%
Current year 21.05 16 $6.23B +15.4%
Next year 22.25 16 $6.62B +6.3%

Analyst targets & ownership

Account required
Mean target$413.85
High target$455.00
Low target$350.00
Implied upside7.49%
Analyst count15
ConsensusBUY
Strong buy / Buy3 / 7
Hold6
Sell / Strong sell0 / 0
Held by insiders0.85%
Held by institutions105.90%
Institutions holding940
Free account required

Price targets, consensus spread, insider and institutional ownership.

Moving averages & technicals

Computed from 2Y daily closes
SMA 10
374.01
+2.94% from price
SMA 20
361.09
+6.84% from price
SMA 50
355.61
+8.48% from price
SMA 100
303.66
+26.79% from price
SMA 200
268.41
+43.73% from price
EMA 12
371.35
+3.68% from price
EMA 26
362.51
+6.20% from price
EMA 50
346.20
+11.21% from price
RSI (14)
69.0
Neutral
MACD (12,26,9)
8.84
Hist 1.56
ATR (14)
10.13
2.63% of price
Realised vol 30D
25.6%
Annualised
Bollinger upper
389.06
20, 2σ
Bollinger lower
333.13
20, 2σ
50 / 200 cross
Golden
355.61 vs 268.41
Trend bias
Above 200
+43.73%

Options chain

Account required
Expiry
Spot 385.00
Calls
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Puts
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Free account required

Every listed expiry, both sides of the book, with volume, open interest and implied volatility.

Risk profile

Daily returns · 1Y window
Beta vs SPY
1.76
More volatile than market
Correlation to SPY
0.46
Loosely linked
Realised vol 30D
25.6%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-36.5%
Peak to trough
Max drawdown 5Y
-67.8%
Peak to trough
ATR 14
10.13
2.63% of price
Beta (reported)
1.58
5Y monthly, from filing

Short interest

Semi-monthly exchange report · lags by ~2 weeks
Shares short
1.85M
Prior 1.89M
Change vs prior
-2.1%
Shorts covering
% of float
4.59%
Normal
% of shares out
3.91%
Against total outstanding
Days to cover
3.3
Liquid
Float
46.87M
Freely tradeable shares

Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.

Rating changes

212 on file
DateFirm ActionFromTo
Oct 5, 26 Truist Securities MAINTAINED Hold Hold
Sep 15, 26 Needham MAINTAINED Buy Buy
Aug 5, 26 TD Cowen MAINTAINED Buy Buy
Aug 5, 26 Citigroup MAINTAINED Neutral Neutral
Aug 5, 26 Truist Securities MAINTAINED Hold Hold
Aug 5, 26 BNP Paribas MAINTAINED Outperform Outperform
Aug 5, 26 Keybanc MAINTAINED Overweight Overweight
Aug 5, 26 Barclays MAINTAINED Overweight Overweight
Aug 5, 26 Needham MAINTAINED Buy Buy
Jul 13, 26 Citigroup MAINTAINED Neutral Neutral
Jul 2, 26 Truist Securities MAINTAINED Hold Hold
Jun 23, 26 Barclays MAINTAINED Overweight Overweight

Dividends & splits

Declared · from the issuer
Forward rate—
Forward yield0.00%
5-year avg yield—
Payout ratio0.00%
Ex-dividend date—
Next pay date—
Last split3:2
Split dateAug 26, 2004

PRIVATE STRATEGY · BY QUALIFICATION

The same data. A different seat.

The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.