ZBRA ZEBRA TECHNOLOGIES CORP Insider Trading

Director Satish purchases 200 ZBRA shares at $205.40; stock down 40.2% from 52-week high, but 2 of 2 prior ZBRA buys were well-timed at 90-day mark.

Director Dhanasekaran Satish purchased 200 shares of Zebra Technologies at $205.40, raising his holdings to 4,056 shares. The transaction occurs as ZBRA trades 40.2% below its 52-week high and is down 22.9% over the past 30 days, creating a depressed price environment. Notably, Satish's 2 prior open-market purchases at Zebra (both on 2025-11-18) achieved 90-day returns of +13.6% and +13.3% respectively, demonstrating consistent timing accuracy at this ticker. His broader cross-ticker buy track record shows 3 prior purchases with an average 90-day return of +13.4% and a 100% win rate, suggesting a pattern of purchasing ahead of recoveries. The current purchase at a significant discount to recent highs, combined with his established history of well-timed accumulation, warrants investor attention to whether this signals renewed conviction ahead of a potential inflection.

Director Dhanasekaran Satish buys 500 ZBRA shares at $225.25; holdings +14.9% to 3,856 shares amid -34.0% pullback from 52-week high.

Dhanasekaran Satish, a Director, purchased 500 shares of ZBRA at $225.25 on 2026-02-27, increasing his holdings by 14.9% to 3,856 shares in a single open-market transaction totaling $112,625.00. The purchase occurs as the stock trades at $225.38 (current price), down 34.0% from its 52-week high of $341.36 and down 13.1% over the prior 90 days. His prior two purchases at ZBRA (both on 2025-11-18) were both well-timed at the 90-day mark, with positive 90-day returns of 13.6% and 13.3% respectively, suggesting a pattern of favorable entry timing at this ticker. Cross-ticker, his track record shows 2 prior buys with an average 90-day return of 13.4% and a 100% win rate, establishing a documented history of well-timed accumulation decisions. The current purchase at a depressed price level relative to recent highs, combined with his historical success in timing purchases at ZBRA and his decision to increase holdings during a significant drawdown, reflects continued conviction in the position.

Director Dhanasekaran Satish bought 1,000 shares at blended $233.12, raising holdings to 3,356 shares, as stock down -25.4% in 30 days.

Director Dhanasekaran Satish purchased 2 separate tranches totaling 1,000 shares for $233,118.27 at a blended average price of $233.12 on 2025-11-18, increasing his holdings by 42.4% from 2,356 shares to 3,356 shares post-transaction. The purchase occurs against a backdrop of material stock weakness: ZBRA is trading at $228.40, down -25.4% over the prior 30 days and -29.2% over 90 days, trading -45.8% below its 52-week high of $421.11. The company's fundamentals remain solid with $1.3B in quarterly revenue, net income of $101.0M, and annual revenue growth of +8.7%, though the P/E of 22.59 suggests the market is pricing in near-term concerns. This insider purchase at depressed prices represents a meaningful increase in personal exposure to the company, though the transaction occurs in a context of significant recent decline rather than a stable or rising price environment.

ZBRA Director Gustafsson buys 3,227 shares for $1.0M as stock falls -26.3% from 52-week high

Director Anders Gustafsson purchased 3,227 shares across two open-market transactions on 2025-02-24 and 2025-02-25, spending $1,000,242.79 at a blended average price of $309.96—near the current price of $310.34. The purchase occurred as ZBRA has fallen -26.3% from its 52-week high of $421.11 and -25.2% over the prior 30 days. Gustafsson's prior trades at ZBRA (3 documented buys) show a 0% win rate at the 90-day mark, with average 90-day returns of -17.1% to -16.8%, suggesting his historical buy timing at this ticker has not successfully preceded recoveries. The company reports stable fundamentals (revenue of $1,255,000,000.00, net income of $137,000,000.00, P/E of 25.97), but the recent sharp price decline and Gustafsson's poor historical timing accuracy at this ticker warrant monitoring of whether this purchase proves prescient or follows his established pattern.

CPO White Joseph Ramsey sold 1,556 (1.6K shares) of ZBRA at $400.75 on 2024-11-08 for $623.6K; retains 8,744 (8.7K shares).

White Joseph Ramsey, Chief Product & Solutions officer, sold 1,556 shares at $400.75, reducing his position by 15.1% versus pre-transaction holdings of 10,300 shares. The sale occurred near the company's 52-week high of $403.16, within 0.1% of the year-to-date peak. This timing coincides with strong recent price appreciation: the stock is up 7.4% over 30 days and 20.8% over 90 days. However, the transaction must be assessed alongside Zebra's operational context: annual revenue contracted 20.7% year-over-year despite $1.3B in latest quarterly revenue, and the company trades at a premium 54.34 P/E ratio. The sale reduces executive exposure during a period of both elevated valuation and declining top-line growth, though the officer retains 8.7K shares post-sale.

CFO Winters sells 1,837 shares at blended avg $381.73; holdings drop to 11.4K shares post-transaction

Nathan Andrew Winters, Chief Financial Officer of Zebra Technologies, executed two separate sales on 2024-10-31, totaling 1,837 shares for $701,240.93 at a blended average price of $381.73. His holdings decreased from 13,258 shares to 11,421 shares, representing a -13.9% reduction in his pre-transaction position. The transaction occurred when the stock was trading near its 52-week high of $384.68 (within -2.0% of peak), and the stock has posted strong recent gains (+19.1% over 90 days). However, this sale falls within the normal range of CFO portfolio activity and does not represent a material reduction of his equity stake; Winters retains 11.4K shares. Absent additional context on scheduled trading plans or specific business motivations, the moderate scale and timing relative to recent strength merit routine monitoring rather than elevated concern.