ZIM Integrated Shipping Services (NYSE:ZIM) EVP Assaf Tiran Sells 4,727 Shares

ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) EVP Assaf Tiran sold 4,727 shares of the firm’s stock in a transaction dated Tuesday, September 15th. The shares were sold at an average price of $29.51, for a total value of $139,493.77. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Assaf Tiran also recently made the following trade(s):

• On Tuesday, September 8th, Assaf Tiran sold 2,312 shares of ZIM Integrated Shipping Services stock. The shares were sold at an average price of $30.21, for a total value of $69,845.52.

ZIM Integrated Shipping Services Stock Performance

NYSE:ZIM opened at $29.34 on Thursday. The company has a market capitalization of $3.54 billion, a price-to-earnings ratio of 25.51 and a beta of 1.18. The business has a 50 day moving average of $26.70 and a 200 day moving average of $26.30. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.24 and a quick ratio of 1.15. ZIM Integrated Shipping Services Ltd. has a 1-year low of $12.33 and a 1-year high of $30.40.

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

Analysts Set New Price Targets

Several brokerages recently commented on ZIM. Barclays set a $30.00 target price on shares of ZIM Integrated Shipping Services and gave the stock an “equal weight” rating in a research note on Monday. 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. JPMorgan Chase & Co. boosted their price objective on shares of ZIM Integrated Shipping Services from $9.00 to $16.50 and gave the company an “underweight” rating in a research report on Tuesday, June 30th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of ZIM Integrated Shipping Services in a research note on Wednesday, September 2nd. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, ZIM Integrated Shipping Services has an average rating of “Hold” and an average price target of $21.50.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of ZIM. Clal Insurance Enterprises Holdings Ltd purchased a new position in ZIM Integrated Shipping Services during the fourth quarter valued at $89,845,000. Meitav Investment House Ltd. increased its holdings in shares of ZIM Integrated Shipping Services by 13.7% during the first quarter. Meitav Investment House Ltd. now owns 3,906,396 shares of the company’s stock valued at $102,934,000 after acquiring an additional 472,092 shares in the last quarter. Yelin Lapidot Holdings Management Ltd. increased its holdings in shares of ZIM Integrated Shipping Services by 1.2% during the second quarter. Yelin Lapidot Holdings Management Ltd. now owns 3,308,773 shares of the company’s stock valued at $86,028,000 after acquiring an additional 40,000 shares in the last quarter. Renaissance Technologies LLC raised its position in shares of ZIM Integrated Shipping Services by 2.0% in the 1st quarter. Renaissance Technologies LLC now owns 2,936,288 shares of the company’s stock worth $77,371,000 after purchasing an additional 58,603 shares during the last quarter. Finally, Oddo BHF Asset Management Sas purchased a new position in shares of ZIM Integrated Shipping Services in the 1st quarter worth about $30,302,000. 21.42% of the stock is currently owned by institutional investors.

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.