CVA Family Office LLC Sells 41 Shares of Zscaler, Inc. $ZS

CVA Family Office LLC lowered its stake in Zscaler, Inc. (NASDAQ:ZS) by 27.0% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 111 shares of the company’s stock after selling 41 shares during the period. CVA Family Office LLC’s holdings in Zscaler were worth $35,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of ZS. Focus Partners Advisor Solutions LLC lifted its stake in shares of Zscaler by 60.1% in the 2nd quarter. Focus Partners Advisor Solutions LLC now owns 4,474 shares of the company’s stock valued at $1,405,000 after acquiring an additional 1,679 shares during the last quarter. State of New Jersey Common Pension Fund D raised its position in Zscaler by 1.0% in the second quarter. State of New Jersey Common Pension Fund D now owns 32,960 shares of the company’s stock valued at $10,347,000 after purchasing an additional 323 shares during the last quarter. Leelyn Smith LLC raised its position in Zscaler by 2.5% in the second quarter. Leelyn Smith LLC now owns 5,696 shares of the company’s stock valued at $1,788,000 after purchasing an additional 140 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. boosted its stake in shares of Zscaler by 2.6% during the second quarter. Sumitomo Mitsui Trust Group Inc. now owns 246,477 shares of the company’s stock valued at $77,379,000 after purchasing an additional 6,185 shares in the last quarter. Finally, Ground Swell Capital LLC bought a new stake in shares of Zscaler during the second quarter worth about $351,000. 46.45% of the stock is currently owned by institutional investors and hedge funds.

Zscaler Stock Performance

Shares of Zscaler stock opened at $323.00 on Monday. 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 business has a 50-day moving average price of $290.53 and a two-hundred day moving average price of $275.94. Zscaler, Inc. has a 1-year low of $164.78 and a 1-year high of $327.39. The company has a market cap of $51.13 billion, a P/E ratio of -1,196.30 and a beta of 1.06.

Zscaler (NASDAQ:ZS) last announced its quarterly earnings data on Tuesday, September 2nd. The company reported $0.89 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 company had revenue of $719.23 million for the quarter, compared to the consensus estimate of $707.15 million. During the same period in the previous year, the business earned $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, analysts anticipate that Zscaler, Inc. will post -0.1 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the stock. KeyCorp raised their price objective on shares of Zscaler from $345.00 to $350.00 and gave the company an “overweight” rating in a 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 note on Wednesday, September 3rd. B. Riley began coverage on shares of Zscaler in a research note on Tuesday, August 26th. They issued a “neutral” rating and a $275.00 price objective on the stock. Evercore ISI increased their price objective on Zscaler from $290.00 to $320.00 and gave the company an “outperform” rating in a report on Wednesday, September 3rd. Finally, Wedbush reaffirmed an “outperform” rating and set a $330.00 target price on shares of Zscaler in a report on Wednesday, September 3rd. 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’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $307.86.

Insiders Place Their Bets

In other news, insider Adam Geller sold 11,193 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 transaction of $3,141,875.10. Following the completion of the sale, the insider owned 53,942 shares of the company’s stock, valued at $15,141,519.40. This trade represents a 17.18% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Robert Schlossman sold 7,006 shares of Zscaler stock in a transaction on Thursday, October 2nd. The shares were sold at an average price of $305.57, for a total transaction of $2,140,823.42. Following the completion of the sale, the insider owned 76,132 shares of the company’s stock, valued at $23,263,655.24. This represents a 8.43% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 43,084 shares of company stock valued at $12,446,825 in the last ninety days. 18.10% of the stock is owned by corporate insiders.

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.