BlackRock Amends Zebra Tech Stake; Ownership Update Filed
Ticker: ZBRA · Form: SC 13G/A · Filed: Feb 7, 2024 · CIK: 877212
| Field | Detail |
|---|---|
| Company | Zebra Technologies Corp (ZBRA) |
| Form Type | SC 13G/A |
| Filed Date | Feb 7, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investing
TL;DR
**BlackRock updated its Zebra Technologies stake, showing a shift in its institutional holding.**
AI Summary
BlackRock Inc. filed an amended Schedule 13G/A on February 7, 2024, reporting its ownership in Zebra Technologies Corporation's Class A Common Stock as of December 31, 2023. This filing, Amendment No. 13, indicates a change in BlackRock's beneficial ownership, which is important for investors as large institutional holdings can influence stock stability and investor confidence. For shareholders, this update provides transparency on a major institutional investor's position, potentially signaling their long-term view on Zebra Technologies.
Why It Matters
This filing shows how a major institutional investor, BlackRock, is adjusting its position in Zebra Technologies, which can influence market perception and potentially the stock's stability.
Risk Assessment
Risk Level: low — This is a routine update from a large institutional investor and does not inherently signal high risk for the company.
Analyst Insight
Investors should note BlackRock's continued presence as a significant holder in Zebra Technologies, indicating ongoing institutional interest, but this filing alone doesn't suggest a strong buy or sell signal.
Key Players & Entities
- BlackRock Inc. (company) — the institutional investor filing the SC 13G/A
- Zebra Technologies Corporation (company) — the subject company whose Class A Common Stock is being reported
- December 31, 2023 (date) — the date of the event which required the filing of this statement
- February 7, 2024 (date) — the date the SC 13G/A was filed
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G, filed under Rule 13d-1(b) of the Securities Exchange Act of 1934.
Who is the filer of this SC 13G/A?
The filer of this SC 13G/A is BlackRock Inc., a major institutional investment manager.
What company's stock is the subject of this filing?
The subject company is ZEBRA TECHNOLOGIES CORPORATION, specifically its Class A Common Stock.
What is the CUSIP number for the securities mentioned in the filing?
The CUSIP number for the Class A Common Stock of Zebra Technologies Corporation is 989207105.
What is the 'Date of Event Which Requires Filing of this Statement'?
The 'Date of Event Which Requires Filing of this Statement' is December 31, 2023, as stated in the filing.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on February 7, 2024 regarding ZEBRA TECHNOLOGIES CORP (ZBRA).