4,257 Shares in Zscaler, Inc. $ZS Acquired by WBI Investments LLC

WBI Investments LLC acquired a new stake in Zscaler, Inc. (NASDAQ:ZS) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 4,257 shares of the company’s stock, valued at approximately $1,336,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of ZS. Vanguard Group Inc. boosted its stake in shares of Zscaler by 3.1% during the first quarter. Vanguard Group Inc. now owns 9,890,506 shares of the company’s stock valued at $1,962,474,000 after purchasing an additional 294,034 shares during the period. Goldman Sachs Group Inc. increased its stake in Zscaler by 23.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 3,048,238 shares of the company’s stock worth $604,831,000 after buying an additional 578,883 shares during the period. T. Rowe Price Investment Management Inc. bought a new stake in Zscaler during the 1st quarter valued at about $516,622,000. Geode Capital Management LLC lifted its holdings in Zscaler by 6.0% during the 2nd quarter. Geode Capital Management LLC now owns 1,866,329 shares of the company’s stock valued at $584,160,000 after buying an additional 105,318 shares in the last quarter. Finally, AQR Capital Management LLC boosted its position in Zscaler by 23.6% in the 1st quarter. AQR Capital Management LLC now owns 1,191,930 shares of the company’s stock valued at $234,715,000 after buying an additional 227,899 shares during the period. Hedge funds and other institutional investors own 46.45% of the company’s stock.

Insider Activity

In related news, EVP Raj Judge sold 4,524 shares of the business’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 $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 transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Robert Schlossman sold 7,006 shares of the firm’s stock in a transaction that occurred 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 approximately $23,263,655.24. This trade represents a 8.43% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 43,084 shares of company stock worth $12,446,825 in the last quarter. 18.10% of the stock is currently owned by corporate insiders.

Zscaler Trading Down 1.5%

Shares of NASDAQ ZS opened at $294.92 on Tuesday. Zscaler, Inc. has a 1-year low of $164.78 and a 1-year high of $336.99. The business has a fifty day moving average price of $305.60 and a 200 day moving average price of $289.28. The stock has a market capitalization of $46.69 billion, a P/E ratio of -1,092.30 and a beta of 1.06. 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 (NASDAQ:ZS) last posted its earnings results on Tuesday, September 2nd. The company reported $0.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.80 by $0.09. The company had revenue of $719.23 million for the quarter, compared to analyst estimates of $707.15 million. Zscaler had a negative return on equity of 0.47% and a negative net margin of 1.55%.The firm’s quarterly revenue was up 21.3% compared to the same quarter last year. During the same quarter in the previous year, the firm 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. Equities research analysts expect that Zscaler, Inc. will post -0.1 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have recently commented on ZS. Morgan Stanley raised their target price on shares of Zscaler from $320.00 to $335.00 and gave the stock an “overweight” rating in a research report on Thursday, November 13th. Macquarie assumed coverage on Zscaler in a report on Friday, October 31st. They set an “outperform” rating and a $390.00 price objective on the stock. Evercore ISI lifted their target price on Zscaler from $290.00 to $320.00 and gave the company an “outperform” rating in a research report on Wednesday, September 3rd. Susquehanna upped their target price on Zscaler from $320.00 to $340.00 and gave the stock a “positive” rating in a report on Wednesday, September 3rd. Finally, Bank of America raised their price target on Zscaler from $340.00 to $355.00 and gave the company a “buy” rating in a research note on Monday, October 20th. One investment analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $314.33.

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.