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

ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) EVP Assaf Tiran sold 4,727 shares of ZIM Integrated Shipping Services stock in a transaction on 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 Securities & Exchange Commission, which is available at this hyperlink.

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 stock was sold at an average price of $30.21, for a total value of $69,845.52.

ZIM Integrated Shipping Services Stock Performance

Shares of ZIM opened at $30.36 on Friday. The stock has a 50-day simple moving average of $26.82 and a 200-day simple moving average of $26.31. 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 stock has a market capitalization of $3.66 billion, a PE ratio of 26.40 and a beta of 1.18. 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 released its earnings results on Thursday, August 20th. The company reported $0.53 earnings per share for the quarter, missing analysts’ consensus estimates of $0.80 by ($0.27). The firm had revenue of $1.78 billion for the quarter, compared to analysts’ expectations of $1.79 billion. ZIM Integrated Shipping Services had a return on equity of 1.11% and a net margin of 2.15%. On average, analysts predict that ZIM Integrated Shipping Services Ltd. will post 3.15 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of ZIM. WINTON GROUP Ltd purchased a new position in ZIM Integrated Shipping Services during the 2nd quarter worth approximately $679,000. Cidel Asset Management Inc. lifted its stake in 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 valued at $345,000 after buying an additional 883 shares during the last quarter. Integrated Wealth Concepts LLC boosted its stake in 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 purchasing an additional 1,468 shares during the period. Amundi boosted its stake in shares of ZIM Integrated Shipping Services by 5.3% during the second quarter. Amundi now owns 12,213 shares of the company’s stock worth $318,000 after buying an additional 612 shares during the period. Finally, Sigma Planning Corp lifted its position in ZIM Integrated Shipping Services by 3.8% during the 2nd quarter. Sigma Planning Corp now owns 11,475 shares of the company’s stock worth $298,000 after acquiring an additional 425 shares during the period. Institutional investors and hedge funds own 21.42% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on ZIM. 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. Weiss Ratings reissued a “hold (c-)” rating on shares of ZIM Integrated Shipping Services in a report on Wednesday, September 2nd. Barclays set a $30.00 price target on ZIM Integrated Shipping Services and gave the company an “equal weight” rating in a research note on Monday. Finally, JPMorgan Chase & Co. lifted their price target on 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, six have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, ZIM Integrated Shipping Services currently has a consensus rating of “Hold” and an average price target of $21.50.

About ZIM Integrated Shipping Services

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.