ZBHZimmer Biomet Holdings, Inc.Healthcare · Medical - Devicesas of 2026-09-16
Horizon

Issued 2026-09-16 at $96.78 · now $96.78 (2026-09-16, +0.0% since)

Based on its own history, a month from the 2026-09-16 close, ZBH has typically landed between $85.21 and $106.67 — a range of −12.0% to +10.2% from the issuance price $96.78.

Range of outcomes in historically similar periods — not a price prediction. Ranges are scored publicly on /methodology.
  • Actual close
  • Typical path (median)
  • Middle 50% of outcomes
  • 90% range

4,685 overlapping 1 month windows · 2008-01-02 – 2026-08-17 · basis climatology · forecast (batch). Probability up 53.9% (90% CI 51.7–56.1%, ≈1,408 obs).

The cone is anchored at the 2026-09-16 issuance close ($96.78) — the price the forecast resolves against on 2026-10-15, not the latest close. The drawn path shape is illustrative (bands widen with √t); every labeled number is real — the anchor, the scored batch p90/IQR endpoints, and the typical move.

Where ZBH has typically landed a month from the 2026-09-16 close of $96.78 — the range is history, not a prediction.

$85.21worst · -12.0%$106.67best · +10.2%
  • now $96.78 (+0.0%)
  • typicalThe typical outcome — half of similar past periods did better and half did worse (not an average, so a few wild periods don't skew it). $96.54 (-0.2%)
  • middle 50%The central range of outcomes — half of similar past periods landed inside it, a quarter finished above, a quarter below. $91.89–$101.2
  • 90% rangeA nine-in-ten range — in about nine of every ten similar past periods the outcome stayed within these bounds. $85.21–$106.67
Actual 1-month windows behind the coneiEvery overlapping 1-month window in this security's own price history was ranked by realized return; shown are the 3 worst and 3 best of 4,685 windows spanning 2008-01-02 to 2026-09-16. Not cherry-picked — these are the extremes of the full sample. Max drop / max rise are the deepest and highest points reached within each window. See /methodology.
StartReturnMax dropMax rise
3 worst
2020-02-18−49.4%−49.4%+0.5%
2020-02-21−48.7%−48.8%+0.0%
2020-02-14−46.3%−46.3%+0.0%
3 best
2020-03-18+47.4%+0.0%+47.4%
2020-03-23+35.5%+0.0%+47.1%
2020-03-19+31.6%−9.3%+33.4%

4,685 overlapping windows · 2008-01-02 – 2026-09-16 · not cherry-picked

Fundamentals iCompany financials — revenue, earnings, margins — from the newest filings shown, each carried with its date.iAs-reported figures and standard ratios from FMP, as of 2026-07-25. Revenue, net income and free cash flow can toggle annual or quarterly; margin, ROE and debt-to-equity are shown by fiscal year. We report the figures and the trend — no target price and no over/under-valued call. More on /methodology.

$17.7B
market cap
$3.85
EPS (TTM)
23.7
P/E (TTM)
2026-08-05
next earnings
Revenue$8.2B
'20'25
Net income$705M
'20'25
Free cash flow$1.5B
'20'25
Net margin · by yr8.6%
'20'25
ROE · by yr5.6%
'20'25
Debt / equity · by yr0.59
'20'25

Fair value — three views iIndependent reference estimates of worth (a cash-flow model, peer multiples, analyst targets), shown as separate views — not a single verdict.

iThree independent estimates of per-share value, each by a different method and each with its own assumptions: a discounted-cash-flow intrinsic value, a peer comparable (the median trailing P/E of 54 sector peers times this company's trailing EPS), and the analyst price-target consensus. They routinely disagree — that gap is the point. We show the three marks and the current price; we do not blend them into a single number or call the stock over- or under-valued. Marks as of the latest capture. More on /methodology.
now $96.78$54.68$465.35
  • DCF (intrinsic)$437.03
  • Peer P/E × EPS · sector median 27.4× · n=54$105.65
  • Analyst target · range $83.00–$105.00$92.00
  • Current price · last close 2026-09-16$96.78

Seasonality · by month iHow this security has tended to do in each calendar month historically — a frequency, never a prediction.

iFor each calendar month, the share of years this security closed higher than the month before, and the average month-over-month return, over ~19 years of its own price history. Cells are shaded by average return. This is historical frequency, not a prediction — no month is a signal.
Jan
50%
+2.3%
n=18
Feb
42%
+0.8%
n=19
Mar
68%
+0.7%
n=19
Apr
53%
+1.8%
n=19
May
37%
−1.2%
n=19
Jun
32%
−1.2%
n=19
Jul
63%
+2.9%
n=19
Aug
42%
−0.6%
n=19
Sep
42%
−0.4%
n=19
Oct
39%
−2.7%
n=18
Nov
61%
+0.8%
n=18
Dec
78%
+1.9%
n=18

Up-frequency and average month-over-month return · historical frequency, not a prediction

Reported insider & political trades

Every Form 4 the people closest to this company have filed with the SEC — plotted against the share price, aggregated by month, and shown with the gap between when each trade happened and when it was disclosed. A public record, not advice.

Share price & reported tradesMonthly open-market valueReporting lag — trade date to filing date2026-092026-082026-072026-062026-052026-042026-032026-022026-012025-122025-112025-102025-092025-08$107$792026-09-11: 1 insider sale, $529K — Thornal Kevin R2026-09-04: 1 insider sale, $295K — Phipps Chad F2026-05-29: 2 insider sales, $413K — Yi Sang …2026-03-12: 1 insider sale, $251K — Winkler Lori2026-02-12: 1 insider sale, $96K — Yi Sang2025-09-08: 1 insider sale, $156K — Winkler Lori2025-08-18: 1 insider sale, $154K — Winkler Lori2025-08: 1 open-market sale, $154K2025-09: 1 open-market sale, $156K2026-02: 1 open-market sale, $96K2026-03: 1 open-market sale, $251K2026-05: 2 open-market sales, $413K2026-09: 2 open-market sales, $824K↑ buys↓ salesdirector Thornal Kevin R — Sale on 2026-09-11, filed 4 days after the tradeofficer Phipps Chad F — Sale on 2026-09-04, filed 5 days after the tradeofficer Yi Sang — Sale on 2026-05-29, filed 4 days after the tradeofficer Yi Sang — Sale on 2026-05-29, filed 4 days after the tradeofficer Winkler Lori — Sale on 2026-03-12, filed 4 days after the tradeofficer Yi Sang — Sale on 2026-02-12, filed 5 days after the tradeofficer Winkler Lori — Sale on 2025-09-08, filed 2 days after the tradeofficer Winkler Lori — Sale on 2025-08-18, filed 2 days after the trade
DatePersonRoleActionShares @ priceValueOwnership Δvs S&P 1mvs S&P 6mOwned afterFiling
2026-09-11Thornal Kevin RdirectorSale5,691 @ $92.95$529K−100.0% of holdingnot yet — horizon still opennot yet — horizon still open0Form 4 · filed 4 days after the trade
2026-09-04Phipps Chad FofficerSale3,000 @ $98.35$295K−4.4% of holdingnot yet — horizon still opennot yet — horizon still open65,231Form 4 · filed 5 days after the trade
2026-05-29Yi SangofficerSale4,200 @ $82.64$347K−13.0% of holding+5.9%not yet — horizon still open28,051Form 4 · filed 4 days after the trade
2026-05-29Yi SangofficerSale800 @ $82.66$66K−2.9% of holding+5.9%not yet — horizon still open27,251Form 4 · filed 4 days after the trade
2026-03-12Winkler LoriofficerSale2,650 @ $94.66$251K−20.6% of holding−0.1%−13.9%10,224Form 4 · filed 4 days after the trade
2026-02-12Yi SangofficerSale1,000 @ $96.49$96K−5.4% of holding−0.2%−8.3%17,670Form 4 · filed 5 days after the trade
2025-09-08Winkler LoriofficerSale1,500 @ $104.15$156K−18.0% of holding−8.6%−16.9%6,833Form 4 · filed 2 days after the trade
2025-08-18Winkler LoriofficerSale1,500 @ $102.49$154K−15.3% of holding−5.0%−11.0%8,333Form 4 · filed 2 days after the trade
2025-06-13Yi SangofficerSale800 @ $92.51$74K−3.9% of holding−1.4%−14.0%19,624Form 4 · filed 4 days after the trade
2025-06-11Yi SangofficerSale1,000 @ $95.00$95K−4.7% of holding−4.3%−15.7%20,424Form 4 · filed 2 days after the trade
2025-03-05Winkler LoriofficerSale1,443 @ $104.40$151K−14.1% of holding+15.5%−11.5%8,768Form 4 · filed 2 days after the trade

The vs-S&P columns are a labeled look-back on what the stock did after each filing, measured against the index over the same window. Descriptive history, not a claim about the person or a reason to trade.

289 award / exercise / gift records — not counted as purchases

Awards, option exercises, gifts and tax-withholding disposals are shown separately and never counted as open-market purchases or sales — they carry no conviction information.

DatePersonRoleActionSharesOwned afterFiling
2026-08-03Desai ChintanofficerAward / grant10,16810,168Form 4
2026-08-01Thornal Kevin RdirectorWithheld for tax4,2665,691Form 4
2026-08-01Thornal Kevin RdirectorOption exercise9,9579,957Form 4
2026-08-01Thornal Kevin RdirectorOption exercise9,95719,913Form 4
2026-06-30HIGGINS ARTHUR JdirectorAward / grant31737,675Form 4
2026-06-30Kolli SreelakshmidirectorAward / grant1806,843Form 4
2026-06-30HAGEMANN ROBERTdirectorAward / grant31733,269Form 4
2026-06-30Farrell Michael J.directorAward / grant43319,607Form 4
2026-06-30Kurdikar DevdattdirectorAward / grant1802,990Form 4
2026-06-30Hilado Maria TeresadirectorAward / grant38912,984Form 4
2026-06-30Shapiro LouisdirectorAward / grant1593,703Form 4
2026-06-01Noor JehanzebofficerAward / grant1,8571,857Form 4
2026-05-22HIGGINS ARTHUR JdirectorAward / grant1,51726,382Form 4
2026-05-22Hilado Maria TeresadirectorAward / grant87512,594Form 4
2026-05-22Hilado Maria TeresadirectorAward / grant1,5179,098Form 4
2026-05-22Farrell Michael J.directorAward / grant1,51713,757Form 4
2026-05-22HAGEMANN ROBERTdirectorAward / grant87532,952Form 4
2026-05-22Shapiro LouisdirectorAward / grant1,5173,991Form 4
2026-05-22HAGEMANN ROBERTdirectorAward / grant1,51725,927Form 4
2026-05-22BERNARD BETSY JdirectorAward / grant87521,582Form 4
2026-05-22HIGGINS ARTHUR JdirectorAward / grant87537,357Form 4
2026-05-22Jafry Syed A.directorAward / grant8758,289Form 4
2026-05-22BERNARD BETSY JdirectorAward / grant1,51724,506Form 4
2026-05-22Jafry Syed A.directorAward / grant1,5179,098Form 4
2026-05-22Farrell Michael J.directorAward / grant87519,174Form 4
2026-05-22Kolli SreelakshmidirectorAward / grant8756,662Form 4
2026-05-22Kolli SreelakshmidirectorAward / grant1,5176,875Form 4
2026-05-22Kurdikar DevdattdirectorAward / grant8752,810Form 4
2026-05-22Kurdikar DevdattdirectorAward / grant1,5172,922Form 4
2026-05-22Shapiro LouisdirectorAward / grant8753,544Form 4
2026-05-01Stellato Paul AofficerAward / grant9,2329,232Form 4
2026-04-01Noor JehanzebofficerWithheld for tax1,6775,151Form 4
2026-04-01Noor JehanzebofficerOption exercise6,62613,249Form 4
2026-04-01Noor JehanzebofficerOption exercise6,6266,828Form 4
2026-03-31Farrell Michael J.directorAward / grant42118,245Form 4
2026-03-31Kolli SreelakshmidirectorAward / grant1755,770Form 4
2026-03-31HIGGINS ARTHUR JdirectorAward / grant30936,375Form 4
2026-03-31HAGEMANN ROBERTdirectorAward / grant30931,983Form 4
2026-03-31Hilado Maria TeresadirectorAward / grant37911,685Form 4
2026-03-31Kurdikar DevdattdirectorAward / grant1541,929Form 4

Source: SEC Form 4 filings. Each row links to its original filing.

Across 2012–2021, stocks where a CEO, C-suite officer, or director had recently made an open-market common-stock purchase ran about +28 bp per month above the universe average (n=34,268 stock-weeks). A historical tendency, not a prediction.

Congressional disclosures iStock trades disclosed by members of Congress for this company, by the date they were filed.iDisclosures shown as facts. A purchase “cluster” (≥2 members of Congress filing a buy within 90 days) has historically preceded modestly higher forward returns — and it persisted out-of-sample, though it roughly halved after 2021 (see below). A descriptive historical tendency, not a signal to trade and not used in our forecast. See /methodology.

As of 2026-09-16 · point-in-time by filed date

Purchase clusters · 2015–2021 (dev)+45 bp/mo vs baseline · up-rate 59.3% vs 57.3% · n=31,607 cluster ticker-weeks
Purchase clusters · 2022–2026 (out-of-sample)+32 bp/mo vs baseline · up-rate 54.0% vs 53.3% · n=27,793

A cluster = ≥2 members of Congress filing a purchase within 90 days. The historical tilt persisted after 2021 but roughly halved (+45 → +32 bp/mo forward 1-month vs the S&P 500 weekly-grid baseline). Descriptive historical tendency — not a signal to trade, and not used in our forecast (audition-log 2026-07-27, recomputed 2026-09-08).

'23 Q'24 Q'24 Q'24 Q'24 Q'25 Q'25 Q'25 Q'25 Q'26 Q'26 Q'26 Qpurchases ▲ / sales ▼ ($ vol)
MemberChamberTypeFiledTradedSize
Alan ArmstrongSenatepurchase2026-07-212026-03-27$1–15K
Ro KhannaHousepurchase2026-06-092026-05-27$1–15K
Ro KhannaHousesale2026-06-092026-05-01$1–15K
Ro KhannaHousesale2026-06-092026-05-15$1–15K
Ro KhannaHousepurchase2026-06-092026-05-14$1–15K
Ro KhannaHousesale2026-04-072026-03-23$1–15K
Ro KhannaHousesale2026-03-092026-02-17$1–15K
Ro KhannaHousesale2026-03-092026-02-17$1–15K
Ro KhannaHousepurchase2026-03-092026-02-17$1–15K
Ro KhannaHousesale2026-03-092026-02-05$1–15K
Ro KhannaHousepurchase2026-02-062026-01-13$1–15K
Ro KhannaHousepurchase2026-02-062026-01-14$1–15K
Ro KhannaHousepurchase2026-02-062026-01-23$1–15K
Ro KhannaHousepurchase2026-02-062026-01-29$15–50K

Research tool, not investment advice — historical frequencies, not recommendations. A product of Marovel Technologies LLC. Full terms.