Munro Partners Takes Position in Zscaler, Inc. $ZS

Munro Partners acquired a new stake in Zscaler, Inc. (NASDAQ:ZS) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 10,260 shares of the company’s stock, valued at approximately $3,221,000.

Other hedge funds have also recently bought and sold shares of the company. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in Zscaler during the first quarter worth about $508,000. National Pension Service boosted its stake in shares of Zscaler by 11.2% in the first quarter. National Pension Service now owns 171,847 shares of the company’s stock valued at $34,098,000 after purchasing an additional 17,342 shares during the period. Caitong International Asset Management Co. Ltd acquired a new position in shares of Zscaler in the first quarter valued at approximately $36,000. Azimuth Capital Investment Management LLC acquired a new position in shares of Zscaler in the first quarter valued at approximately $208,000. Finally, Aberdeen Group plc increased its stake in Zscaler by 130.8% during the 1st quarter. Aberdeen Group plc now owns 57,831 shares of the company’s stock worth $11,475,000 after buying an additional 32,769 shares during the period. Institutional investors and hedge funds own 46.45% of the company’s stock.

Analyst Ratings Changes

ZS has been the subject of several recent research reports. BMO Capital Markets raised their price target on shares of Zscaler from $295.00 to $315.00 and gave the company an “outperform” rating in a research report on Wednesday, September 3rd. Cantor Fitzgerald reiterated an “overweight” rating on shares of Zscaler in a report on Wednesday, November 26th. Macquarie initiated coverage on Zscaler in a research note on Friday, October 31st. They set an “outperform” rating and a $390.00 target price for the company. Susquehanna increased their price target on Zscaler from $320.00 to $340.00 and gave the company a “positive” rating in a research report on Wednesday, September 3rd. Finally, Robert W. Baird boosted their price objective on Zscaler from $350.00 to $360.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 26th. One research analyst has rated the stock with a Strong Buy rating, thirty-two have given a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $323.45.

Zscaler Trading Down 2.4%

ZS opened at $236.28 on Friday. Zscaler, Inc. has a one year low of $164.78 and a one year high of $336.99. The company has a market cap of $37.68 billion, a P/E ratio of -908.73 and a beta of 1.07. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.82 and a current ratio of 1.82. The business’s 50-day simple moving average is $292.87 and its 200-day simple moving average is $290.69.

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

Insider Activity at Zscaler

In related news, EVP Raj Judge sold 4,524 shares of the stock in a transaction on Tuesday, September 16th. The shares were sold at an average price of $280.70, for a total value of $1,269,886.80. Following the transaction, the executive vice president directly owned 73,832 shares of the company’s stock, valued at $20,724,642.40. This trade represents a 5.77% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Adam Geller sold 11,193 shares of the business’s stock in a transaction 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 directly owned 53,942 shares of the company’s stock, valued at approximately $15,141,519.40. This trade represents a 17.18% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 43,084 shares of company stock worth $12,446,825. Corporate insiders own 17.20% of the company’s stock.

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.