Zimmer Biomet Holdings (ZBH) : Tuesdays money flow data in Zimmer Biomet Holdings (ZBH) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $2.21 million, whereas, $0.34 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 6.56, in favor of the bulls. The total money flow into the stock was $1.88 million clearly indicating that the smart money has been buying into the stock on weakness.
In comparison, the money flow in block deals was $1.87 million. The total value of block trades done on upticks was $1.87 million. Zimmer Biomet Holdings (ZBH) fell $0.13 and traded at $124.95, down -0.1% for the day, over previous days close. On a weekly basis, the shares are 0.05% over the previous weeks close.
The company Insiders own 1.22% of Zimmer Biomet Holdings shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -65.39% . Institutional Investors own 90.33% of Zimmer Biomet Holdings shares. During last six month period, the net percent change held by insiders has seen a change of -52.1%. In an insider trading activity, The officer (VP, Controller and CAO), of Zimmer Biomet Holdings, Inc., Collins Tony W. had unloaded 3,611 shares at $116.43 per share in a transaction on June 14, 2016. The total value of transaction was $420,429. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
Shares of Zimmer Biomet Holdings, Inc. rose by 4.59% in the last five trading days and 5.44% for the last 4 weeks. Zimmer Biomet Holdings, Inc. is up 12.68% in the last 3-month period. Year-to-Date the stock performance stands at 22.82%.
Zimmer Biomet Holdings (NYSE:ZBH): stock turned positive on Tuesday. Though the stock opened at $125.12, the bulls momentum made the stock top out at $126.18 level for the day. The stock recorded a low of $124.85 and closed the trading day at $125.46, in the green by 0.30%. The total traded volume for the day was 1,085,675. The stock had closed at $125.08 in the previous days trading.
Zimmer Biomet Holdings, Inc., formerly Zimmer Holdings, Inc. is a musculoskeletal healthcare company. The Company designs, manufactures and markets orthopedic reconstructive products; sports medicine, biologics, extremities and trauma products; spine, bone healing, craniomaxillofacial and thoracic products; dental implants, and related surgical products. The Company manages its operations through three geographic segments: the Americas, comprising principally of the United States and includes other North, Central and South American markets; Europe, comprising principally of Europe and includes the Middle East and African markets; and Asia Pacific, comprising primarily of Japan and includes other Asian and Pacific markets. The Company markets and sells products through three channels: direct to healthcare institutions, such as hospitals or direct channel accounts; through stocking distributors and healthcare dealers, and directly to dental practices and dental laboratories.