Vanguard Group Inc. Buys 55,521 Shares of Zscaler, Inc. $ZS

Vanguard Group Inc. increased its stake in shares of Zscaler, Inc. (NASDAQ:ZS) by 0.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,423,424 shares of the company’s stock after buying an additional 55,521 shares during the quarter. Vanguard Group Inc. owned 0.07% of Zscaler worth $2,569,357,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of ZS. Binnacle Investments Inc bought a new stake in Zscaler during the third quarter worth $25,000. Tradewinds Capital Management LLC grew its holdings in Zscaler by 145.7% during the third quarter. Tradewinds Capital Management LLC now owns 86 shares of the company’s stock worth $26,000 after buying an additional 51 shares in the last quarter. Root Financial Partners LLC bought a new stake in Zscaler during the third quarter worth $26,000. McIlrath & Eck LLC bought a new stake in Zscaler during the third quarter worth $29,000. Finally, Picton Mahoney Asset Management bought a new stake in Zscaler during the third quarter worth $30,000. Institutional investors own 46.45% of the company’s stock.

Insider Activity

In other news, CFO Kevin Rubin sold 1,682 shares of the company’s stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $156.59, for a total transaction of $263,384.38. Following the transaction, the chief financial officer owned 46,479 shares of the company’s stock, valued at $7,278,146.61. This represents a 3.49% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Raj Judge sold 2,488 shares of the company’s stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $156.59, for a total value of $389,595.92. Following the transaction, the executive vice president directly owned 67,906 shares in the company, valued at $10,633,400.54. This represents a 3.53% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 12,130 shares of company stock worth $1,892,487. 17.20% of the stock is owned by company insiders.

Zscaler Stock Down 1.0%

ZS stock opened at $134.73 on Thursday. Zscaler, Inc. has a 1-year low of $114.63 and a 1-year high of $336.99. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 0.78. The stock’s fifty day simple moving average is $144.40 and its two-hundred day simple moving average is $212.13. The stock has a market cap of $21.66 billion, a P/E ratio of -320.79 and a beta of 1.12.

Zscaler (NASDAQ:ZS) last issued its quarterly earnings results on Thursday, February 26th. The company reported $1.01 EPS for the quarter, beating analysts’ consensus estimates of $0.89 by $0.12. Zscaler had a positive return on equity of 0.06% and a negative net margin of 2.25%.The firm had revenue of $815.75 million for the quarter, compared to analysts’ expectations of $798.92 million. During the same quarter in the prior year, the firm earned $0.78 EPS. The business’s revenue for the quarter was up 25.9% compared to the same quarter last year. Zscaler has set its Q3 2026 guidance at 1.000-1.010 EPS and its FY 2026 guidance at 3.990-4.020 EPS. Analysts expect that Zscaler, Inc. will post -0.03 EPS for the current year.

Analysts Set New Price Targets

Several research analysts have weighed in on ZS shares. Wells Fargo & Company started coverage on Zscaler in a research report on Tuesday, March 3rd. They issued an “overweight” rating and a $200.00 price objective on the stock. Piper Sandler cut their price objective on Zscaler from $260.00 to $185.00 and set a “neutral” rating on the stock in a research report on Friday, February 27th. Sanford C. Bernstein raised Zscaler from a “market perform” rating to an “outperform” rating and set a $228.00 price objective on the stock in a research report on Friday, February 13th. The Goldman Sachs Group cut their price objective on Zscaler from $290.00 to $257.00 and set a “neutral” rating on the stock in a research report on Monday, March 2nd. Finally, Oppenheimer cut their price objective on Zscaler from $280.00 to $250.00 and set an “outperform” rating on the stock in a research report on Tuesday, March 10th. Two analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $265.74.

Zscaler Company Profile

Zscaler is a cloud security company that delivers a cloud-native platform to protect users, applications and data as organizations move away from traditional, network-centric security architectures. The company focuses on a zero trust approach that assumes no implicit trust for users or devices, providing secure access to the internet, SaaS applications and private applications regardless of where users are located. Zscaler positions its services as an alternative to legacy appliances and site-centric VPNs, aiming to simplify security while enabling modern, distributed workforces.

Key offerings are built around the Zscaler Zero Trust Exchange, a multi-tenant cloud platform that enforces security and access policies in-line.