ZIM Integrated Shipping Services (NYSE:ZIM) EVP Sells $90,328.20 in Stock

ZIM Integrated Shipping Services Ltd. (NYSE:ZIM – Get Free Report) EVP Sami Jubran sold 3,020 shares of the company’s stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $29.91, for a total transaction of $90,328.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

ZIM Integrated Shipping Services Trading Up 0.3%

Shares of ZIM stock opened at $29.56 on Friday. ZIM Integrated Shipping Services Ltd. has a 52-week low of $12.33 and a 52-week high of $30.40. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.15 and a current ratio of 1.24. The firm has a market capitalization of $3.56 billion, a PE ratio of 25.70 and a beta of 1.18. The stock has a fifty day simple moving average of $26.37 and a two-hundred day simple moving average of $26.31.

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ZIM Integrated Shipping Services (NYSE:ZIM – Get Free Report) last announced its quarterly earnings data on Thursday, August 20th. The company reported $0.53 EPS for the quarter, missing the consensus estimate of $0.80 by ($0.27). The business had revenue of $1.78 billion during the quarter, compared to analysts’ expectations of $1.79 billion. ZIM Integrated Shipping Services had a net margin of 2.15% and a return on equity of 1.11%. On average, analysts predict that ZIM Integrated Shipping Services Ltd. will post 3.15 EPS for the current fiscal year.

Institutional Investors Weigh In On ZIM Integrated Shipping Services

Several large investors have recently made changes to their positions in ZIM. Clal Insurance Enterprises Holdings Ltd purchased a new position in shares of ZIM Integrated Shipping Services in the 4th quarter worth $89,845,000. California State Teachers Retirement System increased its holdings in shares of ZIM Integrated Shipping Services by 2,475.1% in the 2nd quarter. California State Teachers Retirement System now owns 3,270,800 shares of the company’s stock worth $85,041,000 after buying an additional 3,143,783 shares during the last quarter. BNP Paribas Financial Markets increased its holdings in shares of ZIM Integrated Shipping Services by 29,305.7% in the 2nd quarter. BNP Paribas Financial Markets now owns 1,310,614 shares of the company’s stock worth $21,088,000 after buying an additional 1,306,157 shares during the last quarter. Oddo BHF Asset Management Sas purchased a new stake in shares of ZIM Integrated Shipping Services during the 1st quarter valued at about $30,302,000. Finally, Yelin Lapidot Holdings Management Ltd. raised its position in shares of ZIM Integrated Shipping Services by 34.1% during the 4th quarter. Yelin Lapidot Holdings Management Ltd. now owns 3,248,834 shares of the company’s stock valued at $68,973,000 after buying an additional 825,848 shares in the last quarter. 21.42% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. Weiss Ratings reissued a “hold (c-)” rating on shares of ZIM Integrated Shipping Services in a report on Wednesday, September 2nd. Zacks Research lowered shares of ZIM Integrated Shipping Services from a “strong-buy” rating to a “hold” rating in a report on Monday, August 31st. Barclays lifted their price objective on shares of ZIM Integrated Shipping Services from $17.00 to $20.00 and gave the company an “underweight” rating in a research report on Thursday, August 27th. Finally, JPMorgan Chase & Co. boosted their target price on shares of ZIM Integrated Shipping Services from $9.00 to $16.50 and gave the stock an “underweight” rating in a report on Tuesday, June 30th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $19.83.

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About ZIM Integrated Shipping Services

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ZIM Integrated Shipping Services Ltd. is a global container liner company headquartered in Haifa, Israel. The company provides ocean transportation for containerized cargo, connecting ports and commercial markets across major international trade routes.

ZIM’s services include scheduled container shipping, cargo transportation, and related logistics solutions. Its offerings support a range of cargo types, including dry goods, refrigerated products, hazardous materials, and vehicles. The company also provides digital tools and customer services designed to support booking, shipment management, documentation, and supply-chain visibility.

Founded in 1945, ZIM has developed from an Israeli shipping company into an international carrier serving customers through a network of vessels, ports, terminals, and logistics partners.

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