Inspire Investing LLC Acquires Shares of 809 Zscaler, Inc. $ZS

Inspire Investing LLC bought a new position in shares of Zscaler, Inc. (NASDAQ:ZS) during the second quarter, HoldingsChannel.com reports. The institutional investor bought 809 shares of the company’s stock, valued at approximately $254,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Exane Asset Management raised its position in shares of Zscaler by 185.7% in the 2nd quarter. Exane Asset Management now owns 100 shares of the company’s stock valued at $31,000 after purchasing an additional 65 shares in the last quarter. Kozak & Associates Inc. bought a new stake in shares of Zscaler in the second quarter worth $35,000. ORG Partners LLC raised its holdings in Zscaler by 284.8% in the first quarter. ORG Partners LLC now owns 127 shares of the company’s stock valued at $26,000 after acquiring an additional 94 shares in the last quarter. SVB Wealth LLC bought a new position in Zscaler during the 1st quarter valued at $26,000. Finally, Ameritas Advisory Services LLC acquired a new position in Zscaler during the 2nd quarter worth $41,000. Hedge funds and other institutional investors own 46.45% of the company’s stock.

Zscaler Trading Up 0.3%

Shares of NASDAQ:ZS opened at $300.25 on Friday. The company has a 50 day moving average of $286.62 and a 200-day moving average of $270.37. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.95. The firm has a market cap of $47.53 billion, a P/E ratio of -1,112.04 and a beta of 1.06. Zscaler, Inc. has a twelve month low of $164.78 and a twelve month high of $319.89.

Zscaler (NASDAQ:ZS) last posted its quarterly earnings data on Tuesday, September 2nd. The company reported $0.89 EPS for the quarter, beating analysts’ consensus estimates of $0.80 by $0.09. The business had revenue of $719.23 million for the quarter, compared to analyst estimates of $707.15 million. Zscaler had a negative net margin of 1.55% and a negative return on equity of 0.47%. The business’s revenue for the quarter was up 21.3% on a year-over-year basis. During the same quarter last year, the business earned $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. As a group, analysts anticipate that Zscaler, Inc. will post -0.1 earnings per share for the current fiscal year.

Insider Transactions at Zscaler

In other Zscaler news, insider Robert Schlossman sold 7,006 shares of the business’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 sale, the insider directly owned 76,132 shares in the company, valued at approximately $23,263,655.24. The trade was 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 this hyperlink. Also, EVP Raj Judge sold 4,524 shares of the company’s stock in a transaction dated Tuesday, September 16th. The shares were sold at an average price of $280.70, for a total transaction of $1,269,886.80. Following the completion of the sale, the executive vice president directly owned 73,832 shares of the company’s stock, valued at $20,724,642.40. The trade was a 5.77% 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 worth $11,406,825 over the last 90 days. 18.10% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

ZS has been the topic of a number of recent analyst reports. Needham & Company LLC restated a “buy” rating and issued a $350.00 target price on shares of Zscaler in a research note on Wednesday, September 3rd. Stifel Nicolaus upped their price objective on Zscaler from $295.00 to $330.00 and gave the company a “buy” rating in a research note on Wednesday, September 3rd. Barclays increased their target price on Zscaler from $300.00 to $320.00 and gave the stock an “overweight” rating in a report on Wednesday, September 3rd. B. Riley initiated coverage on Zscaler in a report on Tuesday, August 26th. They issued a “neutral” rating and a $275.00 price target for the company. Finally, Morgan Stanley upgraded Zscaler from an “equal weight” rating to an “overweight” rating and raised their price objective for the stock from $280.00 to $320.00 in a research note on Tuesday, September 2nd. One 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.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $307.43.

Zscaler Company 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.