Key Points
- Zepp Health CFO Cheng Deng sold 9,836 shares on June 26 at an average price of $4.61, totaling about $45,344. The sale left him with 114,539 shares, a 7.91% reduction in ownership, and was made to cover tax withholding tied to vesting equity awards.
- Zepp Health stock rose 4.7% in Tuesday trading to $4.70, though the company still carries a small market cap of about $69 million and remains well below its 52-week high of $61.85.
- Analyst sentiment is mixed, with one downgrade to Sell and one Buy rating, leaving the consensus rating at Hold and a target price of $56.28.
Zepp Health Corporation Sponsored ADR (NYSE:ZEPP - Get Free Report) CFO Cheng Deng sold 9,836 shares of Zepp Health stock in a transaction on Friday, June 26th. The shares were sold at an average price of $4.61, for a total value of $45,343.96. Following the transaction, the chief financial officer owned 114,539 shares in the company, valued at approximately $528,024.79. This trade represents a 7.91% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Zepp Health Trading Up 4.7%
Shares of Zepp Health stock opened at $4.70 on Tuesday. The company has a quick ratio of 0.67, a current ratio of 0.88 and a debt-to-equity ratio of 0.21. The firm has a market cap of $68.98 million, a price-to-earnings ratio of -1.86 and a beta of 1.78. The business has a fifty day simple moving average of $9.60 and a 200-day simple moving average of $16.96. Zepp Health Corporation Sponsored ADR has a fifty-two week low of $2.50 and a fifty-two week high of $61.85.
Institutional Trading of Zepp Health
Several large investors have recently added to or reduced their stakes in ZEPP. Public Employees Retirement System of Ohio lifted its holdings in shares of Zepp Health by 61.4% in the fourth quarter. Public Employees Retirement System of Ohio now owns 1,514 shares of the company's stock valued at $41,000 after purchasing an additional 576 shares in the last quarter. Osaic Holdings Inc. grew its holdings in shares of Zepp Health by 239.5% during the fourth quarter. Osaic Holdings Inc. now owns 8,285 shares of the company's stock valued at $223,000 after buying an additional 5,845 shares in the last quarter. Dimensional Fund Advisors LP acquired a new position in Zepp Health during the fourth quarter valued at $241,000. Oasis Management Co Ltd. acquired a new position in Zepp Health during the third quarter valued at $276,000. Finally, Capstone Capital Management Ltd purchased a new stake in Zepp Health in the 4th quarter worth about $298,000. 52.61% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of equities research analysts have weighed in on ZEPP shares. Wall Street Zen downgraded shares of Zepp Health from a "hold" rating to a "sell" rating in a report on Saturday. Fundamental Research set a $56.28 target price on shares of Zepp Health and gave the stock a "buy" rating in a report on Wednesday, April 22nd. One equities research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Zepp Health has an average rating of "Hold" and a consensus target price of $56.28.
Check Out Our Latest Report on Zepp Health
Zepp Health Company Profile
(
Get Free Report)
Zepp Health Corp is a technology company specializing in the design, development and sale of smart wearable devices and health management solutions. Through its flagship Amazfit brand and the Zepp software ecosystem, the company offers a range of products—including smartwatches, fitness bands, smart scales and health-oriented mobile applications—designed to track key biometric data such as heart rate, sleep patterns, blood oxygen levels and activity metrics. Zepp Health's integrated platform enables users to monitor wellness and fitness goals while leveraging cloud-based analytics for personalized insights.
At the core of Zepp Health's offering is its Zepp cloud platform, which aggregates and analyzes data collected from its hardware lineup.
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