Zscaler, Inc. $ZS Stock Position Boosted by Harvest Fund Management Co. Ltd

Harvest Fund Management Co. Ltd boosted its stake in Zscaler, Inc. (NASDAQ:ZS) by 36.9% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 44,183 shares of the company’s stock after buying an additional 11,910 shares during the period. Harvest Fund Management Co. Ltd’s holdings in Zscaler were worth $10,091,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. J.W. Cole Advisors Inc. boosted its position in shares of Zscaler by 2.0% during the 4th quarter. J.W. Cole Advisors Inc. now owns 4,106 shares of the company’s stock valued at $908,000 after purchasing an additional 80 shares in the last quarter. Prudential PLC boosted its position in shares of Zscaler by 9.2% during the 4th quarter. Prudential PLC now owns 10,448 shares of the company’s stock valued at $2,350,000 after purchasing an additional 880 shares in the last quarter. Westfield Capital Management Co. LP bought a new position in shares of Zscaler during the 4th quarter valued at about $63,159,000. Daiwa Securities Group Inc. boosted its position in shares of Zscaler by 10.7% during the 4th quarter. Daiwa Securities Group Inc. now owns 24,747 shares of the company’s stock valued at $5,566,000 after purchasing an additional 2,399 shares in the last quarter. Finally, Cibc World Market Inc. boosted its position in shares of Zscaler by 70.3% during the 4th quarter. Cibc World Market Inc. now owns 8,154 shares of the company’s stock valued at $1,834,000 after purchasing an additional 3,366 shares in the last quarter. Institutional investors own 46.45% of the company’s stock.

Insider Buying and Selling at Zscaler

In other Zscaler news, CEO Jagtar Singh Chaudhry sold 1,941 shares of the company’s stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $156.59, for a total transaction of $303,941.19. Following the transaction, the chief executive officer directly owned 345,916 shares in the company, valued at approximately $54,166,986.44. This represents a 0.56% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Adam Geller sold 2,094 shares of the company’s stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of $153.53, for a total transaction of $321,491.82. Following the transaction, the insider owned 46,949 shares in the company, valued at approximately $7,208,079.97. The trade was a 4.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 12,130 shares of company stock worth $1,892,487 over the last quarter. Corporate insiders own 17.20% of the company’s stock.

Zscaler Stock Up 0.7%

ZS opened at $135.26 on Friday. Zscaler, Inc. has a fifty-two week low of $114.63 and a fifty-two week high of $336.99. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.86 and a quick ratio of 1.86. The firm’s fifty day moving average price is $143.79 and its two-hundred day moving average price is $183.80. The company has a market capitalization of $21.87 billion, a P/E ratio of -281.79 and a beta of 0.97.

Zscaler (NASDAQ:ZS) last posted its quarterly earnings results on Tuesday, May 26th. The company reported $1.08 earnings per share for the quarter, topping analysts’ consensus estimates of $1.01 by $0.07. Zscaler had a negative net margin of 2.44% and a negative return on equity of 0.37%. The firm had revenue of $850.48 million for the quarter, compared to the consensus estimate of $835.14 million. During the same quarter in the previous year, the company earned $0.84 earnings per share. The business’s revenue was up 25.4% compared to the same quarter last year. Zscaler has set its Q4 2026 guidance at 1.080-1.090 EPS and its FY 2026 guidance at 4.100-4.110 EPS. On average, analysts anticipate that Zscaler, Inc. will post -0.03 EPS for the current year.

Analysts Set New Price Targets

A number of analysts have commented on the stock. Wedbush reduced their price objective on shares of Zscaler from $300.00 to $220.00 and set an “outperform” rating for the company in a research note on Wednesday, May 27th. Royal Bank Of Canada reduced their price target on shares of Zscaler from $205.00 to $200.00 and set an “outperform” rating for the company in a research report on Wednesday, May 27th. Stifel Nicolaus reduced their target price on shares of Zscaler from $180.00 to $175.00 and set a “buy” rating for the company in a research note on Wednesday, May 27th. Oppenheimer reduced their target price on shares of Zscaler from $280.00 to $250.00 and set an “outperform” rating for the company in a research note on Tuesday, March 10th. Finally, Piper Sandler dropped their price target on shares of Zscaler from $185.00 to $160.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 27th. Thirty-three equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $216.03.

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.