Nasdaq zbra financials8/3/2023 The number of bullish hedge fund positions shrunk by 15 recently. Is Zebra Technologies Corporation (NASDAQ: ZBRA) a buy here? The smart money is getting less optimistic. Nevertheless, it is also possible to find underpriced large-cap stocks by following the hedge funds' moves. That is why we pay special attention to the hedge fund activity in the small-cap space. The huge amount of capital does not allow hedge funds to invest a lot in small-caps, but our research showed that their most popular small-cap ideas are less efficiently priced and generate stronger returns than their large- and mega-cap picks and the broader market. A particularly interesting group of stocks that hedge funds like is the small-caps. They generate significant returns for investors to justify their large fees and they allocate a lot of time and employ complex research processes to determine the best stocks to invest in. Meanwhile ZBRA continues to deliver prodigious free cash flow which we believe will continue to be deployed towards both growth and share repurchases.Investing in hedge funds can bring large profits, but it’s not for everybody, since hedge funds are available only for high-net-worth individuals. At the same time, the company is leveraging the wide moat in its core business to expand into faster growing markets including warehouse robotics and machine vision. At current valuation levels, we think investors are underappreciating ZBRA’s alignment with the global effort to improve supply chain efficiency. Shares have come under pressure due to investor concerns around inflation and supply chain disruptions. A recent pullback in stock price provided an attractive entry point. Meanwhile, ZBRA’s brand strength, distribution network and commitment to innovation enable it to take share, earn industry-leading profitability and penetrate new markets. (GNRC) and bar-code manufacturer Zebra Technologies Corporation (NASDAQ:ZBRA). “We also bought shares of two companies held in other Ariel portfolios, leading global manufacturer of power generation equipment Generac Holdings, Inc. Zebra Technologies Corporation (NASDAQ:ZBRA) has a market capitalization of $14.191 billion.Īriel Investment made the following comment about Zebra Technologies Corporation (NASDAQ:ZBRA) in its Q3 2022 investor letter: One-month return of Zebra Technologies Corporation (NASDAQ:ZBRA) was 16.29%, and its shares lost 52.95% of their value over the last 52 weeks. On December 2, 2022, Zebra Technologies Corporation (NASDAQ:ZBRA) stock closed at $274.86 per share. Headquartered in Lincolnshire, Illinois, Zebra Technologies Corporation (NASDAQ:ZBRA) is a technology company that operates in Asset Intelligence & Tracking and Enterprise Visibility & Mobility segments. In addition, you can check the top 5 holdings of the fund to know its best picks in 2022.Īriel Investment highlighted stocks like Zebra Technologies Corporation (NASDAQ: ZBRA) in its Q3 2022 investor letter. In the third quarter, the fund declined -7.45%, compared to -5.62% return for the Russell 1000 Value Index and -4.88% loss for the S&P 500 Index. A copy of the same can be downloaded here. Ariel Investments, an investment management company, released its “Ariel Focus Fund” third-quarter investor letter.
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