ZIM EVP Saar Dotan Sells $287K of Stock
ZIM's EVP of Countries & Business Development sold shares worth $287,200.
Reviewed by automated data checks against the source filing. How we make and check alerts
Saar Dotan, EVP Countries & Business Devel at ZIM Integrated Shipping Services Ltd. ($ZIM), sold 11,000 shares at an average price of $26.11, worth about $287,200.10, on June 12, 2026. The trade was reported to the SEC in a Form 4 filing.
Since the trade, $ZIM is down 3.7% after 1 week, down 9.3% after 1 month and up 11.4% to date (from the $26.23 close on Jun 12, 2026).
Key Points
- On June 12, 2026, Saar Dotan sold 11,000 shares of ZIM at an average price of $26.11, totaling $287,200.
- Shares of ZIM traded near $26.23, with significant institutional activity from Meitav Investment House and American Century Companies.
- Barclays maintained a 'sell' rating for ZIM with a $15.80 target, while Citigroup upgraded to 'hold' with a $31.80 target.
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Saar Dotan, Executive Vice President of Countries & Business Development at ZIM, sold 11,000 shares of the company on June 12, 2026. The shares were sold at an average price of $26.11, amounting to a total transaction value of $287,200. This sale was not part of a pre-planned trading program.
Insider Buying and Selling at ZIM Integrated Shipping Services Ltd.
This recent transaction is part of a series of sales by Saar Dotan. Earlier in June, he sold 15,000 shares on both June 4 and June 2, at prices of $25.41 and $25.09 respectively. On June 1, Dotan sold an additional 20,000 shares at $24.63. These sales follow a previous transaction in December 2025, where Dotan sold 4,000 shares at $19.87.
Other Institutional Activity in ZIM
Several institutional investors have been active in ZIM recently. Meitav Investment House Ltd increased its holdings by 472,092 shares, bringing its total to 3,906,396 shares valued at approximately $102.9 million. American Century Companies Inc also boosted its position by 570,450 shares, ending with 3,835,621 shares worth about $101.1 million. BlackRock, Inc. added 161,353 shares, reaching a total of 3,576,416 shares valued at $94.2 million. Meanwhile, Menora Mivtachim Holdings Ltd significantly reduced its stake by 2,419,000 shares, now holding 1,656,810 shares valued at $43.7 million.
Analysts Set New Price Targets
Analysts have been adjusting their outlook for ZIM. On March 16, 2026, Barclays maintained its 'sell' rating with a price target of $15.80. Earlier, Citigroup upgraded the stock to 'hold' with a target of $31.80 on February 19, 2026. These assessments reflect varied expectations about ZIM's future performance.
Bottom Line
Saar Dotan's recent sale of ZIM shares is part of ongoing insider activity within the company. Investors often watch insider transactions closely, though they don't necessarily indicate future stock performance. Institutional moves and analyst ratings also provide insights into market sentiment around ZIM. As always, these insights are historical and do not predict future actions or outcomes.
Source: Saar Dotan's Form 4 filing on $ZIM (Jun 12, 2026). Find the original filing: ZIM Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts
