ZBRA Reddit Mentions | ChartExchange

With the broader tech selloff, I screened for SP500 tech names down at least 20% over the past year, where insiders have been net buyers. Then layered in institutional share accumulation and options sentiment to see where smart money is actually positioned.
|**Symbol**|**Company**|**1Y Change**|**Insider Buy/Sell**|**Inst Share change%**|**Put/Call**|
|:-|:-|:-|:-|:-|:-|
|HPQ|HP Inc.|\-35.5%|220x|5.2%|1.47|
|ZBRA|Zebra Technologies|\-22.0%|216x|\-2.6%|1.15|
|CTSH|Cognizant|\-21.3%|15x|0.3%|3.35|
|FISV|Fiserv|\-71.0%|9x|\-|\-|
|PAYC|Paycom|\-32.9%|5.4x|\-0.6%|1.15|
|IT|Gartner|\-64.6%|4.3x|2.1%|0.55|
|NOW|ServiceNow|\-30.6%|1.8x|80.1%|1.01|
|ADBE|Adobe|\-36.7%|1.8x|1.1%|1.11|
|CRM|Salesforce|\-29.6%|1.6x|6.1%|0.9|
|ACN|Accenture|\-37.4%|1.4x|2.2%|0.85|

Insider Buy/Sell: ratio of shares acquired vs disposed by directors and officers in the most recent quarter. A value above 1 means insiders bought more than they sold, and a higher number indicates stronger conviction.

Inst Share change% = quarter-on-quarter change in total shares held by 13F institutional filers. Positive means institutions accumulated more shares than they sold, negative means net distribution

Put/Call = ratio of put to call options held by institutions; below 1 means more calls than puts (bullish), above 1 means more puts (hedging or bearish).

A few things that stand out:
The cleanest overall picture is IT, ACN, ADBE, and CRM: all four show insider buying, positive institutional share accumulation, and put/call below 1. Of the ten names, these are the only ones where all three columns point in the same direction. IT has the most bullish options positioning of the group at 0.55. These four names aren't all the same story: ADBE and CRM sold off on AI disruption fears to the SaaS model, while IT and ACN dropped on government spending cuts and IT budget compression, so the shared accumulation signal is coming from four independent selloffs.
HPQ and ZBRA have the biggest insider buy ratios on the list, but institutions are hedging heavily on both (put/call above 1.1), and ZBRA is actually seeing share count decline. The insider buying looks more like management defending the stock than genuine conviction.
PAYC is the contradiction: 5.4x insider ratio is strong, but institutions are trimming, and the put/call is above 1.0. Insiders and institutions are pointing in opposite directions.
CTSH has a decent insider ratio, but a put/call of 3.35 is the most bearish options positioning on the list by a wide margin.
Not financial advice: this is a starting point for further research, not a buy list. The data shows where smart money is positioned but doesn't account for valuation, fundamentals, or why these stocks dropped in the first place. Do your own diligence before acting on any of it.
*Data sourced from SEC 13F filings and insider trading disclosures via Financial Modeling Prep (FMP), aggregated and screened using the Stockoscope SQL database.*