5 Stocks to Invest in According to Thomas Bancroft’s Makaira Partners

4. Zebra Technologies Corporation (NASDAQ:ZBRA)

Makaira Partners’ Holdings: $55 million

Makaira Partners’ Portfolio: 11.75%

Number of Hedge Fund Holders: 39

Zebra Technologies Corporation (NASDAQ:ZBRA) sells products for wristbands, RFID printers, RFID readers, barcode scanners, battery chargers, and vehicle mounts amongst others. It is based in Lincolnshire, Illinois.

As Q3 2021 ended, Makaira Partners held 107,879 Zebra Technologies Corporation (NASDAQ:ZBRA) shares. These were worth $55 million and constituted 11.75% of the firm’s portfolio. 39 of the 867 hedge funds had invested in the company according to Insider Monkey’s research for the same quarter.

Andy Brown’s Cedar Rock Capital is Zebra Technologies Corporation (NASDAQ:ZBRA)’s largest investor by owning one million shares worth $560 million.

For its third fiscal quarter, Zebra Technologies Corporation (NASDAQ:ZBRA) brought in $1.4 billion in revenue and $3.69 in GAAP EPS, beating analyst estimates on both counts. Needham raised the company’s price target to $660 in a November 2021 analyst note, noting that the company is growing well.