Some Zebra Technologies Corporation (NASDAQ:ZBRA) shareholders may be a little concerned to see that the Independent Director, Janice Roberts, recently sold a substantial US$749k worth of stock at a price of US$250 per share. That's a big disposal, and it decreased their holding size by 33%, which is notable but not too bad.

Zebra Technologies Insider Transactions Over The Last Year

Notably, that recent sale by Janice Roberts is the biggest insider sale of Zebra Technologies shares that we've seen in the last year. So it's clear an insider wanted to take some cash off the table, even below the current price of US$259. We generally consider it a negative if insiders have been selling, especially if they did so below the current price, because it implies that they considered a lower price to be reasonable. Please do note, however, that sellers may have a variety of reasons for selling, so we don't know for sure what they think of the stock price. We note that the biggest single sale was only 33% of Janice Roberts's holding.

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 want to know exactly who sold, for how much, and when, simply click on the graph below!

I will like Zebra Technologies better if I see some big insider buys.

Insider Ownership Of Zebra Technologies

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. It's great to see that Zebra Technologies insiders own 0.8% of the company, worth about US$104m. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

So What Does This Data Suggest About Zebra Technologies Insiders?

Unfortunately, there has been more insider selling of Zebra Technologies stock, than buying, in the last three months. And our longer term analysis of insider transactions didn't bring confidence, either. While insiders do own a lot of shares in the company (which is good), our analysis of their transactions doesn't make us feel confident about the company. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Zebra Technologies. To assist with this, we've discovered 3 warning signs that you should run your eye over to get a better picture of Zebra Technologies.

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.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.