# ZIM Integrated Shipping Services Ltd. (ZIM)

> Source: Nexqual · https://nexqual.com/ZIM · data as of 2026-10-22 20:00 UTC · cite as "Nexqual, ZIM Integrated Shipping Services Ltd. (ZIM), nexqual.com/ZIM" · informational, not investment advice.

**Price:** USD 29.08 (-0.24% on the day) · last close of Oct 22, 2026; US market pre market, not a live price. Prev close 29.15 · day 28.8–29.16 · 52w 13.56–30.98 · market cap $3.50B · NYQ

## Key facts
- 1 of 80 tracked superinvestors hold ZIM (13F, Q2 2026): 0 new, 0 added, 1 reduced, 0 unchanged.
- Insider open-market sales, last ~7 months: 15 Form 4 filings, $10.7M; 15 not under a Rule 10b5-1 plan ($10.7M); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Hold (mean 3.25 on a 1–5 scale) (4 analysts), mean target USD 29.18 (range 22–36).
- Total return with dividends: 1Y +118.2% vs S&P 500 +14.9%; 5Y +130.7% vs S&P 500 +80.3%.
- Next earnings: 2026-11-19, EPS estimate USD 5.24, revenue estimate $2.58B.

## Superinvestors (SEC 13F-HR, Q2 2026)
1 of 80 tracked investors hold ZIM. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Sarah Ketterer | Causeway Capital Management | 0.20% | $18.1M | Reduced -21.9% |

## Insider sales (SEC Form 4, open-market, last ~7 months)
0 of 15 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-09-15 | Tiran Assaf | EVP Cross Suez & Atlantic BU | 4,727 | $139K | 100% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-09-14 | Dotan Saar | EVP Countries & BD | 26,544 | $792K | 28.3% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-09-08 | Jubran Sami | EVP Chief Finance Officer | 3,020 | $90K | 100% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-09-08 | Elimelech Arik | EVP HR & Organization | 458 | $14K | 100% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-09-08 | Tiran Assaf | EVP Cross Suez & Atlantic BU | 2,312 | $70K | 100% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-09-08 | Dotan Saar | EVP Countries & BD | 3,690 | $112K | 3.9% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-09-04 | Meyer-Gloeckner Birger Johannes | Director | 1,531 | $44K | 100% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-08-24 | Yochai Nissim | EVP ZIM USA President | 7,535 | $217K | 100% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-08-24 | Ben-Amram Eyal | EVP Chief Information Officer | 4,000 | $114K | 38.1% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-08-24 | Destriau Xavier | EVP Chief Finance Officer | 12,084 | $348K | 100% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-08-21 | Glickman Eli |  | 254,221 | $7.2M | 100% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-06-12 | Dotan Saar | EVP Countries & Business Devel | 11,000 | $287K | 10.8% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-06-04 | Dotan Saar | EVP Countries & Business Devel | 15,000 | $381K | 12.9% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-06-02 | Dotan Saar | EVP Countries & Business Devel | 15,000 | $376K | 11.4% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-06-01 | Dotan Saar | EVP Countries & Business Devel | 20,000 | $493K | 13.2% | No | Too little history (no open-market trades in 2023–2025) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

## Analysts
Consensus Hold (mean 3.25 on a 1–5 scale), 4 analysts; mean target USD 29.18 (low 22, high 36).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-12 | JP Morgan | Target raised | Underweight | $16.5 → $22 |
| 2026-09-14 | Barclays | Upgrade | Underweight → Equal-Weight | $30 |
| 2026-08-27 | Barclays | Target raised | Underweight | $17 → $20 |
| 2026-06-30 | JP Morgan | Target raised | Underweight | $9 → $16.5 |
| 2026-06-30 | Barclays | Target raised | Underweight | $14.5 → $17 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2021-10-18) |
|---|---|---|
| Total return | +118.2% | +130.7% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +118.7% | +18.1% |
| Volatility (annualized) | 48.5% | 66.7% |
| Max drawdown | -17.7% (May 2026→May 2026) | -82.6% (Mar 2022→Nov 2023) |

## Peers (Marine Shipping)
ECO (Okeanis Eco Tankers Corp.) USD 90.05 -1.29% · SBLK (Star Bulk Carriers Corp.) USD 28.65 -0.59% · DAC (Danaos Corporation) USD 157.81 -0.43% · NMM (Navios Maritime Partners LP) USD 88.28 -0.02% · HOS (Hornbeck Offshore Services, Inc) USD 6.57 -1.94% · HAFN (Hafnia Limited) USD 10.33 -1.90%

## More
Full page: https://nexqual.com/ZIM · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Supply chain and relationships (SEC annual reports)

Named in ZIM's own 20-F filed 2026-03-09 (https://www.sec.gov/Archives/edgar/data/1654126/000117891326000784/zk2634463.htm):

| Relationship | Company | Sentence in the filing |
|---|---|---|
| Partner | Hapag-Lloyd | "The Merger Agreement with Hapag-Lloyd AG may further restrict our ability to enter into new operational agreement or alliances." |
| Partner | Shell NA LNG | "In August 2022 we have announced the signing of a ten-year marine LNG sale and purchase agreement with Shell NA LNG, LLC, or Shell, to" |
| Partner | Seaspan | "In addition, in July 2021 we announced a second strategic agreement with Seaspan for" |
| Partner | Navios Maritime Holdings Inc. (NMPGY) | "Charter agreement with Navios Maritime Holdings Inc." |
| Partner | Hoopo Systems | "In January 2024 we entered into an agreement with Hoopo to deploy Hoopo's tracking" |
| Partner | AMDOCS LTD (DOX) | "local and international deals carrying various positions including Commercial Finance Business Partner in Amdocs Limited, a multi-billion" |
| Related party | Kenon Holdings Ltd. (KEN) | "Further to such disposal, Kenon Holding Ltd. and its related entities ceased to be related parties of the Group." |

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | $5.24 | $1.46 | +258.6% | $2.58B | 1 |
| Next quarter (ends 2026-12-31) | $4.18 | $1.39 | +199.7% | $2.45B | 1 |
| Current fiscal year (ends 2026-12-31) | $8.20 | $7.89 | +3.9% | $8.21B | 1 |
| Next fiscal year (ends 2027-12-31) | $6.70 | $-1.92 | -449.0% | $6.83B | 1 |