Geode Capital Management LLC grew its holdings in ZimVie Inc. (NASDAQ:ZIMV – Free Report) by 2.4% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 646,564 shares of the company’s stock after purchasing an additional 15,053 shares during the quarter. Geode Capital Management LLC owned about 2.34% of ZimVie worth $10,263,000 as of its most recent filing with the SEC.
A number of other institutional investors have also made changes to their positions in ZIMV. Quarry LP increased its position in ZimVie by 337.8% during the second quarter. Quarry LP now owns 1,655 shares of the company’s stock worth $30,000 after acquiring an additional 1,277 shares during the period. SG Americas Securities LLC acquired a new stake in ZimVie in the 3rd quarter worth $152,000. The Manufacturers Life Insurance Company bought a new position in shares of ZimVie during the 2nd quarter worth about $191,000. WINTON GROUP Ltd acquired a new position in shares of ZimVie during the second quarter valued at about $209,000. Finally, Principal Financial Group Inc. bought a new stake in shares of ZimVie in the third quarter valued at about $275,000. 95.63% of the stock is currently owned by institutional investors.
ZimVie Stock Up 0.3 %
ZIMV stock opened at $13.95 on Thursday. The business’s 50-day simple moving average is $14.03 and its 200 day simple moving average is $16.16. The company has a quick ratio of 1.38, a current ratio of 1.94 and a debt-to-equity ratio of 0.57. The company has a market cap of $385.01 million, a PE ratio of -1.06 and a beta of 2.12. ZimVie Inc. has a twelve month low of $13.01 and a twelve month high of $22.40.
ZimVie Profile
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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