Key Points
- Zepp Health insider Pengtao Yu sold 4,251 shares at an average price of $4.09, totaling $17,386.59. The sale reduced Yu’s direct holdings by 4.14% to 98,491 shares.
- ZEPP opened at $4.13 and has declined sharply from its 12-month high of $61.85, with a market capitalization of approximately $60.64 million and a negative price-to-earnings ratio.
- Analyst sentiment is mixed, with one Buy and one Sell rating producing an overall “Hold” consensus; institutional investors and hedge funds own 52.61% of the stock.
Zepp Health Corporation Sponsored ADR (NYSE:ZEPP - Get Free Report) insider Pengtao Yu sold 4,251 shares of the stock in a transaction on Thursday, September 24th. The shares were sold at an average price of $4.09, for a total value of $17,386.59. Following the sale, the insider directly owned 98,491 shares in the company, valued at $402,828.19. This trade represents a 4.14% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.
Pengtao Yu also recently made the following trade(s):
- On Wednesday, September 23rd, Pengtao Yu sold 5,749 shares of Zepp Health stock. The shares were sold at an average price of $4.30, for a total value of $24,720.70.
Zepp Health Trading Up 0.3%
ZEPP opened at $4.13 on Friday. The company has a current ratio of 0.90, a quick ratio of 0.70 and a debt-to-equity ratio of 0.30. The firm has a market cap of $60.64 million, a price-to-earnings ratio of -1.50 and a beta of 1.87. Zepp Health Corporation Sponsored ADR has a 12 month low of $3.85 and a 12 month high of $61.85. The stock has a fifty day moving average price of $4.86 and a 200-day moving average price of $8.48.
Institutional Investors Weigh In On Zepp Health
Institutional investors and hedge funds have recently made changes to their positions in the stock. Monolith Management Ltd purchased a new stake in shares of Zepp Health during the fourth quarter valued at $3,601,000. AXQ Capital LP acquired a new position in shares of Zepp Health in the 2nd quarter valued at $85,000. Engineers Gate Manager LP raised its stake in Zepp Health by 44.4% in the 2nd quarter. Engineers Gate Manager LP now owns 20,917 shares of the company's stock worth $109,000 after acquiring an additional 6,433 shares during the last quarter. Finally, Harvest Fund Management Co. Ltd raised its stake in Zepp Health by 6.7% in the 4th quarter. Harvest Fund Management Co. Ltd now owns 44,800 shares of the company's stock worth $1,207,000 after acquiring an additional 2,800 shares during the last quarter. 52.61% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
ZEPP has been the subject of a number of recent research reports. Weiss Ratings reiterated a "sell (d-)" rating on shares of Zepp Health in a report on Tuesday, September 8th. Wall Street Zen cut shares of Zepp Health from a "hold" rating to a "sell" rating in a report on Tuesday, September 8th. Finally, Fundamental Research set a $53.01 price objective on shares of Zepp Health and gave the stock a "buy" rating in a research report on Tuesday, August 11th. One investment analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of "Hold" and an average target price of $53.01.
Get Our Latest Research Report on ZEPP
Zepp Health Company Profile
(
Get Free Report)
Zepp Health Corporation (NYSE: ZEPP) is a wearable technology company that develops smart health and fitness devices, along with digital platforms and services designed to help consumers monitor and improve their wellness. Its products collect and analyze information such as activity, sleep, heart rate and other health-related metrics.
The company's principal consumer brand is Amazfit, which offers smartwatches, fitness trackers and related accessories. Zepp Health also operates the Zepp brand of digital health software and services and has introduced products and services focused on areas such as sleep and hearing health.
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