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Vanguard Group Inc. Buys 192,517 Shares of Zimmer Biomet Holdings, Inc. $ZBH
Vanguard Group Inc. increased its stake in Zimmer Biomet Holdings, Inc. by 0.8% in the fourth quarter, acquiring an additional 192,517 shares and bringing its total holdings to over 23.4 million shares valued at $2.1 billion. This comes amidst mixed analyst ratings and recent negative sentiment surrounding the company due to a CFO leadership change and multiple price target cuts, despite beating Q1 earnings estimates and raising guidance. Insiders have also recently sold shares, including SVP Lori Winkler.