Fmr LLC cut its holdings in ZimVie Inc. (NASDAQ:ZIMV – Free Report) by 38.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 18,848 shares of the company’s stock after selling 11,696 shares during the quarter. Fmr LLC owned approximately 0.07% of ZimVie worth $299,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds also recently bought and sold shares of the company. American Century Companies Inc. lifted its holdings in ZimVie by 212.8% in the 2nd quarter. American Century Companies Inc. now owns 412,434 shares of the company’s stock worth $7,527,000 after buying an additional 280,565 shares during the period. Point72 Asset Management L.P. purchased a new stake in ZimVie in the second quarter worth $3,993,000. Lighthouse Investment Partners LLC purchased a new stake in ZimVie in the second quarter worth $1,692,000. Renaissance Technologies LLC boosted its holdings in ZimVie by 26.6% in the second quarter. Renaissance Technologies LLC now owns 406,400 shares of the company’s stock valued at $7,417,000 after acquiring an additional 85,300 shares in the last quarter. Finally, Segall Bryant & Hamill LLC purchased a new position in ZimVie during the 3rd quarter valued at $891,000. Hedge funds and other institutional investors own 95.63% of the company’s stock.
ZimVie Trading Up 0.6 %
NASDAQ:ZIMV opened at $13.60 on Friday. The company has a 50-day moving average price of $14.21 and a 200-day moving average price of $16.30. The stock has a market cap of $375.35 million, a price-to-earnings ratio of -1.04 and a beta of 2.12. The company has a current ratio of 1.94, a quick ratio of 1.38 and a debt-to-equity ratio of 0.57. ZimVie Inc. has a 12 month low of $13.01 and a 12 month high of $22.40.
About ZimVie
ZimVie Inc, together with its subsidiaries, develops, manufactures, and markets a portfolio of products and solutions designed to treat various spine pathologies, and support dental tooth replacement and restoration procedures worldwide. It operates through two segments, The Dental Segment and The Spine Segment.
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