Apollon Wealth Management LLC Acquires 324 Shares of Zscaler, Inc. $ZS

Apollon Wealth Management LLC increased its holdings in Zscaler, Inc. (NASDAQ:ZS) by 11.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,081 shares of the company’s stock after purchasing an additional 324 shares during the quarter. Apollon Wealth Management LLC’s holdings in Zscaler were worth $967,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the business. Secure Asset Management LLC grew its stake in shares of Zscaler by 1.8% in the second quarter. Secure Asset Management LLC now owns 2,436 shares of the company’s stock worth $765,000 after purchasing an additional 43 shares during the last quarter. Exane Asset Management grew its stake in shares of Zscaler by 185.7% in the second quarter. Exane Asset Management now owns 100 shares of the company’s stock worth $31,000 after purchasing an additional 65 shares during the last quarter. Cerity Partners LLC grew its stake in shares of Zscaler by 0.3% in the first quarter. Cerity Partners LLC now owns 22,928 shares of the company’s stock worth $4,549,000 after purchasing an additional 68 shares during the last quarter. Koshinski Asset Management Inc. grew its stake in shares of Zscaler by 2.6% in the first quarter. Koshinski Asset Management Inc. now owns 2,801 shares of the company’s stock worth $556,000 after purchasing an additional 70 shares during the last quarter. Finally, V Square Quantitative Management LLC boosted its position in Zscaler by 6.6% during the second quarter. V Square Quantitative Management LLC now owns 1,143 shares of the company’s stock valued at $359,000 after acquiring an additional 71 shares during the last quarter. Institutional investors own 46.45% of the company’s stock.

Insider Buying and Selling at Zscaler

In other Zscaler news, insider Robert Schlossman sold 7,006 shares of the company’s stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $305.57, for a total value of $2,140,823.42. Following the completion of the sale, the insider directly owned 76,132 shares of the company’s stock, valued at approximately $23,263,655.24. This represents a 8.43% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Adam Geller sold 10,464 shares of the company’s stock in a transaction dated Wednesday, September 17th. The stock was sold at an average price of $284.25, for a total transaction of $2,974,392.00. Following the completion of the sale, the insider directly owned 43,478 shares of the company’s stock, valued at $12,358,621.50. The trade was a 19.40% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 39,884 shares of company stock worth $11,406,825. 18.10% of the stock is currently owned by insiders.

Zscaler Trading Down 3.6%

ZS opened at $301.80 on Wednesday. The company has a debt-to-equity ratio of 0.95, a current ratio of 2.01 and a quick ratio of 2.01. Zscaler, Inc. has a fifty-two week low of $164.78 and a fifty-two week high of $319.89. The firm has a market capitalization of $47.77 billion, a PE ratio of -1,117.78 and a beta of 1.06. The company’s 50-day moving average is $285.21 and its 200 day moving average is $268.76.

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

Analyst Ratings Changes

A number of analysts have commented on the stock. Robert W. Baird upped their price target on shares of Zscaler from $330.00 to $345.00 and gave the company an “outperform” rating in a research report on Wednesday, September 3rd. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $340.00 price target on shares of Zscaler in a research report on Wednesday, September 3rd. UBS Group cut their price target on shares of Zscaler from $365.00 to $350.00 and set a “buy” rating on the stock in a research report on Wednesday, September 3rd. Royal Bank Of Canada upped their price target on shares of Zscaler from $335.00 to $350.00 and gave the company an “outperform” rating in a research report on Thursday, October 2nd. Finally, Stifel Nicolaus upped their price target on shares of Zscaler from $295.00 to $330.00 and gave the company a “buy” rating in a research report on Wednesday, September 3rd. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Zscaler presently has an average rating of “Moderate Buy” and a consensus price target of $307.43.

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.