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Cwm LLC Reduces Stock Position in Zimmer Biomet Holdings, Inc. $ZBH
Cwm LLC significantly reduced its stake in Zimmer Biomet Holdings, Inc. (NYSE:ZBH) by 60.8% in Q4, selling 14,532 shares and leaving them with 9,377 shares valued at $843,000. This reduction comes despite Zimmer Biomet beating Q1 earnings estimates, though news of executive turnover (CFO departure, CEO exit headlines) has impacted investor sentiment. Analysts currently have an average “Hold” rating on the stock with a consensus target price of $105.95.