Zscaler, Inc. $ZS Shares Sold by Prescott Group Capital Management L.L.C.

Posted by Stuart Ham on May 21st, 2026

Prescott Group Capital Management L.L.C. decreased its position in shares of Zscaler, Inc. (NASDAQ:ZS – Free Report) by 50.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 3,500 shares of the company’s stock after selling 3,500 shares during the quarter. Prescott Group Capital Management L.L.C.’s holdings in Zscaler were worth $787,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Bessemer Group Inc. boosted its holdings in shares of Zscaler by 3.2% during the third quarter. Bessemer Group Inc. now owns 1,021 shares of the company’s stock valued at $306,000 after acquiring an additional 32 shares during the period. Wedbush Securities Inc. boosted its holdings in shares of Zscaler by 0.7% during the third quarter. Wedbush Securities Inc. now owns 5,129 shares of the company’s stock valued at $1,537,000 after acquiring an additional 34 shares during the period. Goldstream Capital Management Ltd boosted its holdings in shares of Zscaler by 0.3% during the third quarter. Goldstream Capital Management Ltd now owns 12,450 shares of the company’s stock valued at $3,731,000 after acquiring an additional 34 shares during the period. Kentucky Retirement Systems Insurance Trust Fund boosted its holdings in shares of Zscaler by 1.4% during the third quarter. Kentucky Retirement Systems Insurance Trust Fund now owns 2,569 shares of the company’s stock valued at $770,000 after acquiring an additional 36 shares during the period. Finally, Advisor OS LLC boosted its holdings in shares of Zscaler by 4.6% during the third quarter. Advisor OS LLC now owns 879 shares of the company’s stock valued at $263,000 after acquiring an additional 39 shares during the period. Institutional investors and hedge funds own 46.45% of the company’s stock.

Zscaler Stock Performance

Shares of ZS opened at $174.45 on Thursday. The firm has a 50-day moving average price of $143.66 and a 200 day moving average price of $196.87. The firm has a market capitalization of $28.05 billion, a PE ratio of -415.36 and a beta of 0.96. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 0.78. Zscaler, Inc. has a 52-week low of $114.63 and a 52-week high of $336.99.

Zscaler (NASDAQ:ZS – Get Free Report) last announced its earnings results on Thursday, February 26th. The company reported $1.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.89 by $0.12. The firm had revenue of $815.75 million during the quarter, compared to analyst estimates of $798.92 million. Zscaler had a negative net margin of 2.25% and a positive return on equity of 0.06%. Zscaler’s revenue was up 25.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.78 EPS. Zscaler has set its Q3 2026 guidance at 1.000-1.010 EPS and its FY 2026 guidance at 3.990-4.020 EPS. On average, sell-side analysts anticipate that Zscaler, Inc. will post -0.03 earnings per share for the current fiscal year.

Key Stories Impacting Zscaler

Here are the key news stories impacting Zscaler this week:

Positive Sentiment: B.Riley upgraded Zscaler from Neutral to Buy, which helped fuel a strong rally as investors responded to the more constructive analyst view. Why Is Zscaler (ZS) Stock Soaring Today
Positive Sentiment: Zscaler reported stronger-than-expected quarterly results, raised full-year guidance, and highlighted growing demand tied to AI security and zero-trust adoption, supporting the stock’s recent rebound. Why Zscaler (ZS) Is Up 19.9% After Strong Results And New AI-Focused Zero-Trust Push
Positive Sentiment: The company launched Project AI-Guardian with major global system integrators, expanding its AI security push and giving investors another catalyst for enterprise adoption. Zscaler Partners with Global System Integrators to Launch Project AI-Guardian to Help Accelerate Enterprise AI Adoption
Positive Sentiment: UBS said Zscaler has a positive setup into upcoming earnings, while Oppenheimer said results are likely to be balanced to slightly above plan, suggesting expectations are manageable. Zscaler Setup Looks Positive Into Upcoming Earnings, UBS Says
Neutral Sentiment: IGEL and Zscaler released healthcare security blueprints, a supportive partnership announcement that adds to the company’s broader product and ecosystem momentum. IGEL and Zscaler Release Healthcare Security Blueprints for Distributed Care Delivery
Neutral Sentiment: Some commentary noted mixed signals from estimate revisions and relative performance versus peers, which could limit upside if earnings do not surprise meaningfully. Zscaler (ZS) Soars 8.5%: Is Further Upside Left in the Stock?

Insider Transactions at Zscaler

In other Zscaler news, insider Robert Schlossman sold 2,263 shares of the business’s stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $156.59, for a total value of $354,363.17. Following the sale, the insider directly owned 72,390 shares in the company, valued at approximately $11,335,550.10. The trade was a 3.03% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Adam Geller sold 2,094 shares of the business’s stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $153.53, for a total transaction of $321,491.82. Following the completion of the sale, the insider owned 46,949 shares in the company, valued at approximately $7,208,079.97. This trade represents a 4.27% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 12,130 shares of company stock valued at $1,892,487 in the last quarter. 17.20% of the stock is owned by company insiders.

Analyst Ratings Changes

Several equities analysts have recently issued reports on ZS shares. B. Riley Financial raised shares of Zscaler from a “neutral” rating to a “buy” rating and reduced their price target for the company from $275.00 to $225.00 in a report on Monday. Needham & Company LLC reduced their price target on shares of Zscaler from $310.00 to $180.00 and set a “buy” rating for the company in a report on Friday, February 27th. Piper Sandler upgraded shares of Zscaler from a “neutral” rating to a “neutral” rating in a research note on Monday. Stephens reduced their price objective on shares of Zscaler from $340.00 to $225.00 and set an “overweight” rating for the company in a report on Monday, February 23rd. Finally, Citizens Jmp decreased their target price on shares of Zscaler from $290.00 to $210.00 and set a “market outperform” rating for the company in a research report on Friday, May 1st. One research analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, eight have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, Zscaler currently has an average rating of “Moderate Buy” and a consensus price target of $261.26.

Check Out Our Latest Report on Zscaler

About Zscaler

(Free Report)

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.