ZimVie is a leading medical technology company dedicated to enhancing the quality of life for spine and dental patients worldwide. We develop, manufacture, and market a comprehensive portfolio of products and solutions designed to treat a wide range of spine pathologies and support dental tooth replacement and restoration procedures. Our broad portfolio addresses all areas of spine with market leadership in cervical disc replacement ("CDR") and vertebral body tethering to treat pediatric scoliosis, and we are well-positioned in the growing global dental implant, biomaterials and digital dentistry market with a strong presence in the tooth replacement market with market leading positions in certain geographies. Our operations are principally managed on a products basis and include two operating segments, 1) the spine products segment, and 2) the dental products segment. In 2022, we generated total third-party net sales of $909.5 million.
Company profile
Ticker
ZIMV
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
DENTSPLY Sirona • Envista • SmileDirectClub • Sonendo • Biolase • Remedent • Item 9 Labs • Bruush Oral Care • Costas • Capstone Dental Pubco ...
Former names
ZB SpinCo Holdings, Inc.
SEC CIK
Corporate docs
Subsidiaries
Biomet 3i, LLC • EBI Holdings, LLC • EBI Medical Systems, LLC • EBI, LLC • dba Biomet Spine & Bone Healing Technologies, LLC • dba EBI Bone Healing, LLC • dba EBI, LLC • Electro-Biology, LLC • Implant Concierge, LLC • Zimmer Biomet Spine, Inc. ...
ZIMV stock data
Latest filings (excl ownership)
10-K
2023 FY
Annual report
28 Feb 24
8-K
ZimVie Reports Fourth Quarter and Full Year 2023 Financial Results
28 Feb 24
8-K
Material Impairments
21 Dec 23
8-K
ZimVie Announces Definitive Agreement to Sell Spine Business to H.I.G. Capital for $375 Million
18 Dec 23
10-Q
2023 Q3
Quarterly report
1 Nov 23
8-K
ZimVie Reports Third Quarter 2023 Financial Results and Provides Update to Annual Guidance
1 Nov 23
UPLOAD
Letter from SEC
20 Oct 23
CORRESP
Correspondence with SEC
11 Oct 23
UPLOAD
Letter from SEC
29 Sep 23
CORRESP
Correspondence with SEC
26 Sep 23
Transcripts
ZIMV
Earnings call transcript
2023 Q4
28 Feb 24
ZIMV
Earnings call transcript
2023 Q3
1 Nov 23
ZIMV
Earnings call transcript
2023 Q2
2 Aug 23
ZIMV
Earnings call transcript
2023 Q1
3 May 23
ZIMV
Earnings call transcript
2022 Q4
1 Mar 23
ZIMV
Earnings call transcript
2022 Q3
12 Nov 22
ZIMV
Earnings call transcript
2022 Q2
11 Aug 22
ZIMV
Earnings call transcript
2022 Q1
8 May 22
Latest ownership filings
4
Heather Kidwell
11 Mar 24
4
Indraneel Kanaglekar
11 Mar 24
4
Richard Heppenstall
11 Mar 24
4
Vafa Jamali
11 Mar 24
4
Sandra Schneider
11 Mar 24
4
Rebecca Ann Whitney
11 Mar 24
4
Vafa Jamali
5 Mar 24
SC 13G
Divisadero Street Capital Management, LP
4 Mar 24
4
Rebecca Ann Whitney
27 Feb 24
4
Vafa Jamali
27 Feb 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | |
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Revenue | |||
Cost of revenue | |||
Operating income | |||
Operating margin | |||
Net income | |||
Net profit margin | |||
Cash on hand | |||
Change in cash | |||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 76.85 mm | 76.85 mm | 76.85 mm | 76.85 mm | 76.85 mm | 76.85 mm |
Cash burn (monthly) | (no burn) | 3.26 mm | 8.48 mm | 9.16 mm | (no burn) | (no burn) |
Cash used (since last report) | n/a | 19.41 mm | 50.45 mm | 54.46 mm | n/a | n/a |
Cash remaining | n/a | 57.44 mm | 26.40 mm | 22.39 mm | n/a | n/a |
Runway (months of cash) | n/a | 17.6 | 3.1 | 2.4 | n/a | n/a |
Institutional ownership, Q3 2023
91.6% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 274 |
Opened positions | 32 |
Closed positions | 37 |
Increased positions | 51 |
Reduced positions | 66 |
13F shares | Current |
---|---|
Total value | 218.95 bn |
Total shares | 24.80 mm |
Total puts | 5.80 k |
Total calls | 25.50 k |
Total put/call ratio | 0.2 |
Largest owners | Shares | Value |
---|---|---|
Camber Capital Management | 3.25 mm | $30.43 bn |
Vanguard | 1.74 mm | $16.39 bn |
BLK Blackrock | 1.70 mm | $15.99 bn |
Integrated Core Strategies | 1.48 mm | $9.48 mm |
Neuberger Berman | 1.36 mm | $12.77 bn |
Kent Lake Capital | 1.30 mm | $12.23 bn |
Millennium Management | 883.33 k | $8.31 bn |
D. E. Shaw & Co. | 776.65 k | $7.31 bn |
LSV Asset Management | 753.03 k | $7.05 bn |
Acadian Asset Management | 730.44 k | $6.84 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
10 Mar 24 | Rebecca Ann Whitney | Common Stock | Payment of exercise | Dispose F | No | No | 17.86 | 1,197 | 21.38 k | 33,029 |
10 Mar 24 | Rebecca Ann Whitney | Common Stock | Option exercise | Acquire M | No | No | 0 | 4,163 | 0.00 | 34,226 |
10 Mar 24 | Rebecca Ann Whitney | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 4,163 | 0.00 | 4,163 |
10 Mar 24 | Richard Heppenstall | Common Stock | Payment of exercise | Dispose F | No | No | 17.86 | 1,690 | 30.18 k | 79,545 |
10 Mar 24 | Richard Heppenstall | Common Stock | Option exercise | Acquire M | No | No | 0 | 6,939 | 0.00 | 81,235 |
10 Mar 24 | Richard Heppenstall | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 6,939 | 0.00 | 6,938 |
10 Mar 24 | Vafa Jamali | Common Stock | Payment of exercise | Dispose F | No | No | 17.86 | 9,107 | 162.65 k | 238,593 |
10 Mar 24 | Vafa Jamali | Common Stock | Option exercise | Acquire M | No | No | 0 | 20,816 | 0.00 | 247,700 |
10 Mar 24 | Vafa Jamali | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 20,816 | 0.00 | 20,815 |
10 Mar 24 | Sandra Schneider | Common Stock | Payment of exercise | Dispose F | No | No | 17.86 | 1,019 | 18.20 k | 16,455 |
News
Barclays Maintains Underweight on ZimVie, Raises Price Target to $16
5 Mar 24
ZimVie Expects Q1 Net Sales: Continuing Operations Of $115M-$118M, Discontinued Operations Of $89M-$91M
28 Feb 24
Recap: ZimVie Q4 Earnings
28 Feb 24
ZimVie Q4 2023 Adj EPS $0.10 Misses $0.12 Estimate, Sales $113.07M Miss $213.45M Estimate
28 Feb 24
Earnings Scheduled For February 28, 2024
28 Feb 24