Sami Jubran Sells 3,020 Shares of ZIM Integrated Shipping Services (NYSE:ZIM) Stock

ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) EVP Sami Jubran sold 3,020 shares of the stock in a transaction that occurred 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 document filed with the Securities & Exchange Commission, which is available at this hyperlink.

ZIM Integrated Shipping Services Stock Performance

ZIM opened at $29.56 on Friday. The company has a current ratio of 1.24, a quick ratio of 1.15 and a debt-to-equity ratio of 1.09. ZIM Integrated Shipping Services Ltd. has a 12-month low of $12.33 and a 12-month high of $30.40. The firm has a 50 day moving average of $26.37 and a two-hundred day moving average of $26.31. The firm has a market capitalization of $3.56 billion, a PE ratio of 25.70 and a beta of 1.18.

ZIM Integrated Shipping Services (NYSE:ZIM) last released 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 anticipate that ZIM Integrated Shipping Services Ltd. will post 3.15 EPS for the current year.

Institutional Trading of ZIM Integrated Shipping Services

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. WINTON GROUP Ltd purchased a new position in ZIM Integrated Shipping Services in the second quarter valued at $679,000. Cidel Asset Management Inc. raised its position in shares of ZIM Integrated Shipping Services by 7.1% in the second quarter. Cidel Asset Management Inc. now owns 13,271 shares of the company’s stock worth $345,000 after acquiring an additional 883 shares during the period. Integrated Wealth Concepts LLC boosted its stake in shares of ZIM Integrated Shipping Services by 9.2% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 17,507 shares of the company’s stock worth $455,000 after acquiring an additional 1,468 shares in the last quarter. Amundi boosted its stake in shares of ZIM Integrated Shipping Services by 5.3% during the 2nd quarter. Amundi now owns 12,213 shares of the company’s stock worth $318,000 after acquiring an additional 612 shares in the last quarter. Finally, California State Teachers Retirement System grew its position in shares of ZIM Integrated Shipping Services by 2,475.1% during the 2nd quarter. California State Teachers Retirement System now owns 3,270,800 shares of the company’s stock valued at $85,041,000 after acquiring an additional 3,143,783 shares during the period. Institutional investors and hedge funds own 21.42% of the company’s stock.

Analyst Ratings Changes

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

ZIM Integrated Shipping Services Company Profile

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.