Dynamic Technology Lab Private Ltd Takes $470,000 Position in ZimVie Inc. (NASDAQ:ZIMV)

Dynamic Technology Lab Private Ltd bought a new stake in ZimVie Inc. (NASDAQ:ZIMV) in the 3rd quarter, HoldingsChannel.com reports. The firm bought 29,601 shares of the company’s stock, valued at approximately $470,000.

Several other large investors have also modified their holdings of ZIMV. Quarry LP boosted its holdings in shares of ZimVie by 337.8% in the 2nd quarter. Quarry LP now owns 1,655 shares of the company’s stock valued at $30,000 after buying an additional 1,277 shares in the last quarter. Summit Securities Group LLC boosted its holdings in shares of ZimVie by 518.6% in the 2nd quarter. Summit Securities Group LLC now owns 3,000 shares of the company’s stock valued at $55,000 after buying an additional 2,515 shares in the last quarter. SG Americas Securities LLC acquired a new position in shares of ZimVie in the 3rd quarter valued at $152,000. The Manufacturers Life Insurance Company purchased a new stake in ZimVie in the 2nd quarter valued at $191,000. Finally, WINTON GROUP Ltd purchased a new stake in ZimVie in the 2nd quarter valued at $209,000. Institutional investors and hedge funds own 95.63% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Needham & Company LLC upped their price target on shares of ZimVie from $20.00 to $23.00 and gave the company a “buy” rating in a research report on Friday, August 2nd.

ZimVie Stock Up 1.6 %

ZIMV stock opened at $14.76 on Friday. The company has a fifty day moving average price of $14.70 and a 200 day moving average price of $16.58. ZimVie Inc. has a 12 month low of $9.31 and a 12 month high of $22.40. The company has a market cap of $407.38 million, a price-to-earnings ratio of -1.12 and a beta of 2.14. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.94 and a quick ratio of 1.38.

ZimVie Company 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.