Zscaler, Inc. $ZS Stock Position Increased by Skandinaviska Enskilda Banken AB publ

Skandinaviska Enskilda Banken AB publ raised its position in shares of Zscaler, Inc. (NASDAQ:ZS) by 167.7% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 421,393 shares of the company’s stock after purchasing an additional 263,982 shares during the period. Zscaler accounts for approximately 0.6% of Skandinaviska Enskilda Banken AB publ’s holdings, making the stock its 29th biggest position. Skandinaviska Enskilda Banken AB publ owned approximately 0.27% of Zscaler worth $132,250,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in ZS. AE Wealth Management LLC bought a new stake in shares of Zscaler during the first quarter valued at approximately $377,000. Avantax Advisory Services Inc. increased its position in Zscaler by 44.1% in the 1st quarter. Avantax Advisory Services Inc. now owns 5,236 shares of the company’s stock valued at $1,039,000 after acquiring an additional 1,602 shares during the period. Mackenzie Financial Corp increased its position in Zscaler by 17.9% in the 1st quarter. Mackenzie Financial Corp now owns 6,326 shares of the company’s stock valued at $1,255,000 after acquiring an additional 960 shares during the period. Meeder Advisory Services Inc. bought a new stake in Zscaler during the 1st quarter valued at $295,000. Finally, N.E.W. Advisory Services LLC acquired a new position in Zscaler during the 1st quarter worth $29,000. Institutional investors and hedge funds own 46.45% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on ZS shares. Mizuho lowered their price target on Zscaler from $325.00 to $310.00 and set a “neutral” rating on the stock in a report on Wednesday. Canaccord Genuity Group raised their target price on shares of Zscaler from $320.00 to $340.00 and gave the company a “buy” rating in a research note on Thursday, September 4th. Wall Street Zen lowered shares of Zscaler from a “buy” rating to a “hold” rating in a research note on Saturday, October 18th. JMP Securities reiterated a “market outperform” rating and set a $355.00 price objective on shares of Zscaler in a research note on Wednesday, September 3rd. Finally, Susquehanna boosted 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. One research analyst has rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $316.82.

Insider Activity

In other Zscaler news, EVP Raj Judge sold 4,524 shares of Zscaler 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 transaction, the executive vice president directly owned 73,832 shares in the company, valued at approximately $20,724,642.40. The trade was a 5.77% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Robert Schlossman sold 3,200 shares of the stock in a transaction on Friday, October 24th. The shares were sold at an average price of $325.00, for a total value of $1,040,000.00. Following the completion of the sale, the insider owned 80,086 shares of the company’s stock, valued at $26,027,950. The trade was a 3.84% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 43,084 shares of company stock worth $12,446,825 over the last three months. 18.10% of the stock is owned by insiders.

Zscaler Stock Down 13.0%

Shares of Zscaler stock opened at $251.97 on Friday. Zscaler, Inc. has a 12-month low of $164.78 and a 12-month high of $336.99. The firm has a market capitalization of $40.18 billion, a PE ratio of -969.08 and a beta of 1.06. The company has a quick ratio of 2.01, a current ratio of 1.82 and a debt-to-equity ratio of 0.86. The stock’s fifty day moving average is $304.49 and its 200-day moving average is $290.94.

Zscaler (NASDAQ:ZS) last issued its quarterly earnings results on Tuesday, November 25th. The company reported $0.96 earnings per share for the quarter, topping analysts’ consensus estimates of $0.85 by $0.11. Zscaler had a negative return on equity of 0.12% and a negative net margin of 1.45%.The firm had revenue of $788.11 million for the quarter, compared to analysts’ expectations of $773.86 million. During the same quarter last year, the business posted $0.77 EPS. Zscaler’s revenue was up 25.5% on a year-over-year basis. Zscaler has set its FY 2026 guidance at 3.780-3.820 EPS. Q2 2026 guidance at 0.890-0.900 EPS. Equities analysts anticipate that Zscaler, Inc. will post -0.1 earnings per share for the current year.

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.