Zebra Technologies Corporation (NASDAQ:ZBRA) shareholders (or potential shareholders) will be happy to see that the Chair of the Board, Anders Gustafsson, recently bought a whopping US$1.0m worth of stock, at a price of US$310. There's no denying a buy of that magnitude suggests conviction in a brighter future, although we do note that proportionally it only increased their holding by 1.6%.

View our latest analysis for Zebra Technologies

The Last 12 Months Of Insider Transactions At Zebra Technologies

Notably, that recent purchase by Anders Gustafsson is the biggest insider purchase of Zebra Technologies shares that we've seen in the last year. That means that an insider was happy to buy shares at above the current price of US$307. While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. In our view, the price an insider pays for shares is very important. It is encouraging to see an insider paid above the current price for shares, as it suggests they saw value, even at higher levels. The only individual insider to buy over the last year was Anders Gustafsson.

All up, insiders sold more shares in Zebra Technologies than they bought, over the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

For those who like to find hidden gems this free list of small cap companies with recent insider purchasing, could be just the ticket.

Does Zebra Technologies Boast High Insider Ownership?

Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. It's great to see that Zebra Technologies insiders own 0.6% of the company, worth about US$101m. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

What Might The Insider Transactions At Zebra Technologies Tell Us?

The recent insider purchase is heartening. On the other hand the transaction history, over the last year, isn't so positive. The high levels of insider ownership, and the recent buying by an insider suggests they are well aligned and optimistic. If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its future.

If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity and low debt.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

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