REAP Financial Group LLC Grows Stake in Zscaler, Inc. $ZS

REAP Financial Group LLC boosted its position in Zscaler, Inc. (NASDAQ:ZS) by 156.9% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 167 shares of the company’s stock after buying an additional 102 shares during the period. REAP Financial Group LLC’s holdings in Zscaler were worth $52,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of ZS. Wedmont Private Capital purchased a new position in Zscaler in the 1st quarter valued at approximately $418,000. Farther Finance Advisors LLC increased its stake in Zscaler by 161.0% in the 1st quarter. Farther Finance Advisors LLC now owns 890 shares of the company’s stock valued at $179,000 after purchasing an additional 549 shares in the last quarter. GAMMA Investing LLC increased its stake in Zscaler by 43.1% in the 1st quarter. GAMMA Investing LLC now owns 641 shares of the company’s stock valued at $127,000 after purchasing an additional 193 shares in the last quarter. SG Americas Securities LLC increased its stake in Zscaler by 324.0% in the 1st quarter. SG Americas Securities LLC now owns 53,902 shares of the company’s stock valued at $10,695,000 after purchasing an additional 41,190 shares in the last quarter. Finally, Assenagon Asset Management S.A. increased its stake in Zscaler by 148.7% in the 1st quarter. Assenagon Asset Management S.A. now owns 474,431 shares of the company’s stock valued at $94,137,000 after purchasing an additional 283,637 shares in the last quarter. 46.45% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, insider Robert Schlossman sold 7,006 shares of Zscaler stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $305.57, for a total value of $2,140,823.42. Following the transaction, the insider owned 76,132 shares in the company, valued at approximately $23,263,655.24. This trade represents a 8.43% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Raj Judge sold 4,524 shares of Zscaler stock in a transaction on Tuesday, September 16th. The shares were sold at an average price of $280.70, for a total value of $1,269,886.80. Following the completion of the transaction, the executive vice president owned 73,832 shares in the company, valued at $20,724,642.40. The trade was a 5.77% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 39,884 shares of company stock worth $11,406,825 over the last ninety days. Company insiders own 18.10% of the company’s stock.

Wall Street Analyst Weigh In

ZS has been the subject of several research analyst reports. Robert W. Baird raised their price objective on Zscaler from $330.00 to $345.00 and gave the company an “outperform” rating in a research note on Wednesday, September 3rd. Wedbush reissued an “outperform” rating and set a $330.00 price target on shares of Zscaler in a research report on Wednesday, September 3rd. Rosenblatt Securities raised their price target on Zscaler from $315.00 to $330.00 and gave the stock a “buy” rating in a research report on Wednesday, September 3rd. Piper Sandler raised their price target on Zscaler from $260.00 to $280.00 and gave the stock a “neutral” rating in a research report on Wednesday, September 3rd. Finally, JPMorgan Chase & Co. raised their price target on Zscaler from $348.00 to $351.00 and gave the stock an “overweight” rating in a research report on Wednesday, September 3rd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Zscaler currently has a consensus rating of “Moderate Buy” and a consensus price target of $307.43.

Zscaler Price Performance

ZS stock opened at $313.89 on Thursday. Zscaler, Inc. has a 52-week low of $164.78 and a 52-week high of $318.46. The stock’s fifty day simple moving average is $283.08 and its 200-day simple moving average is $265.62. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.95. The stock has a market capitalization of $49.69 billion, a price-to-earnings ratio of -1,162.56 and a beta of 1.06.

Zscaler (NASDAQ:ZS) last posted its quarterly earnings data on Tuesday, September 2nd. The company reported $0.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.80 by $0.09. Zscaler had a negative return on equity of 0.47% and a negative net margin of 1.55%.The business had revenue of $719.23 million for the quarter, compared to analysts’ expectations of $707.15 million. During the same quarter last year, the firm earned $0.88 earnings per share. The business’s revenue was up 21.3% on a year-over-year basis. Zscaler has set its FY 2026 guidance at 3.640-3.680 EPS. Q1 2026 guidance at 0.850-0.860 EPS. Equities research analysts expect that Zscaler, Inc. will post -0.1 EPS for the current year.

Zscaler Profile

Zscaler, Inc operates as a cloud security company worldwide. The company offers Zscaler Internet Access solution that provides users, workloads, IoT, and OT devices secure access to externally managed applications, including software-as-a-service (SaaS) applications and internet destinations; and Zscaler Private Access solution, which is designed to provide access to managed applications hosted internally in data centers, and private or public clouds.