Stonebridge Financial Group LLC Increases Position in Zscaler, Inc. $ZS

Stonebridge Financial Group LLC increased its stake in Zscaler, Inc. (NASDAQ:ZS) by 19,200.0% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 772 shares of the company’s stock after purchasing an additional 768 shares during the quarter. Stonebridge Financial Group LLC’s holdings in Zscaler were worth $242,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in ZS. ORG Partners LLC increased its holdings in shares of Zscaler by 284.8% in the 1st quarter. ORG Partners LLC now owns 127 shares of the company’s stock valued at $26,000 after purchasing an additional 94 shares in the last quarter. SVB Wealth LLC purchased a new position in shares of Zscaler in the 1st quarter valued at about $26,000. Goodman Advisory Group LLC purchased a new position in shares of Zscaler in the 1st quarter valued at about $29,000. N.E.W. Advisory Services LLC purchased a new position in shares of Zscaler in the 1st quarter valued at about $29,000. Finally, CVA Family Office LLC increased its holdings in Zscaler by 120.3% during the 1st quarter. CVA Family Office LLC now owns 152 shares of the company’s stock valued at $30,000 after acquiring an additional 83 shares in the last quarter. Hedge funds and other institutional investors own 46.45% of the company’s stock.

Zscaler Stock Performance

Shares of NASDAQ ZS opened at $309.88 on Friday. The company has a market cap of $49.05 billion, a PE ratio of -1,147.70 and a beta of 1.06. Zscaler, Inc. has a 12 month low of $164.78 and a 12 month high of $319.89. The company has a debt-to-equity ratio of 0.95, a current ratio of 2.01 and a quick ratio of 2.01. The company has a 50-day simple moving average of $284.27 and a 200-day simple moving average of $267.00.

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

Insider Activity at Zscaler

In related news, EVP Raj Judge sold 4,524 shares of the firm’s stock in a transaction that occurred 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 sale, the executive vice president directly owned 73,832 shares of the company’s stock, valued at approximately $20,724,642.40. This trade represents a 5.77% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Jagtar Singh Chaudhry sold 2,865 shares of the firm’s stock in a transaction that occurred on Tuesday, September 16th. The stock was sold at an average price of $280.70, for a total transaction of $804,205.50. Following the completion of the sale, the chief executive officer directly owned 350,700 shares in the company, valued at $98,441,490. This represents a 0.81% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 39,884 shares of company stock valued at $11,406,825 over the last three months. Insiders own 18.10% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the stock. Barclays raised their target price on shares of Zscaler from $300.00 to $320.00 and gave the company an “overweight” rating in a report on Wednesday, September 3rd. Weiss Ratings restated a “sell (d-)” rating on shares of Zscaler in a report on Wednesday. Guggenheim restated a “neutral” rating on shares of Zscaler in a report on Wednesday, September 3rd. Evercore ISI raised their target price on shares of Zscaler from $290.00 to $320.00 and gave the company an “outperform” rating in a report on Wednesday, September 3rd. Finally, Wall Street Zen upgraded shares of Zscaler from a “hold” rating to a “buy” rating in a report on Sunday, September 7th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $307.43.

About Zscaler

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.