Y Intercept Hong Kong Ltd Purchases 89,656 Shares of Zscaler, Inc. $ZS

Y Intercept Hong Kong Ltd increased its holdings in Zscaler, Inc. (NASDAQ:ZS) by 190.9% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 136,619 shares of the company’s stock after purchasing an additional 89,656 shares during the period. Zscaler makes up about 0.4% of Y Intercept Hong Kong Ltd’s investment portfolio, making the stock its 25th largest position. Y Intercept Hong Kong Ltd’s holdings in Zscaler were worth $19,166,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of ZS. Groupama Asset Managment increased its holdings in shares of Zscaler by 76,352.6% in the 3rd quarter. Groupama Asset Managment now owns 4,750,000 shares of the company’s stock worth $1,423,385,000 after buying an additional 4,743,787 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its holdings in shares of Zscaler by 43.3% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 2,572,358 shares of the company’s stock valued at $578,576,000 after acquiring an additional 777,414 shares during the last quarter. AQR Capital Management LLC grew its position in Zscaler by 61.8% in the third quarter. AQR Capital Management LLC now owns 1,941,571 shares of the company’s stock worth $576,083,000 after acquiring an additional 741,756 shares in the last quarter. Pictet Asset Management Holding SA increased its stake in Zscaler by 52.5% during the first quarter. Pictet Asset Management Holding SA now owns 1,920,540 shares of the company’s stock worth $269,285,000 after acquiring an additional 661,413 shares during the last quarter. Finally, Alyeska Investment Group L.P. bought a new stake in Zscaler during the third quarter worth approximately $109,440,000. Institutional investors own 46.45% of the company’s stock.

Insider Activity at Zscaler

In other Zscaler news, insider Adam Geller sold 2,817 shares of the firm’s stock in a transaction on Monday, June 22nd. The stock was sold at an average price of $122.60, for a total transaction of $345,364.20. Following the transaction, the insider directly owned 42,314 shares in the company, valued at $5,187,696.40. This trade represents a 6.24% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Robert Schlossman sold 3,146 shares of the company’s stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $126.43, for a total value of $397,748.78. Following the completion of the sale, the insider owned 69,366 shares of the company’s stock, valued at $8,769,943.38. This represents a 4.34% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders sold 15,644 shares of company stock worth $1,960,287. Insiders own 17.20% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the company. Needham & Company LLC reiterated a “buy” rating and issued a $180.00 target price on shares of Zscaler in a report on Wednesday, June 10th. Mizuho lowered their price target on Zscaler from $210.00 to $185.00 and set an “outperform” rating for the company in a research report on Wednesday, May 27th. Scotiabank dropped their price objective on shares of Zscaler from $190.00 to $175.00 and set a “sector outperform” rating for the company in a research note on Wednesday, May 27th. Berenberg Bank set a $200.00 target price on shares of Zscaler in a research note on Thursday, May 28th. Finally, Wolfe Research restated an “outperform” rating and issued a $150.00 target price on shares of Zscaler in a report on Thursday, June 11th. Thirty-four equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Zscaler presently has a consensus rating of “Moderate Buy” and an average target price of $213.97.

Zscaler Stock Up 0.6%

NASDAQ:ZS opened at $147.33 on Friday. The company has a market cap of $23.82 billion, a price-to-earnings ratio of -306.93, a price-to-earnings-growth ratio of 91.57 and a beta of 0.96. Zscaler, Inc. has a twelve month low of $114.63 and a twelve month high of $336.99. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.72. The stock has a fifty day simple moving average of $142.17 and a 200-day simple moving average of $165.64.

Zscaler (NASDAQ:ZS) last posted its quarterly earnings results on Tuesday, May 26th. The company reported $1.08 EPS for the quarter, topping the consensus estimate 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 company had revenue of $850.48 million for the quarter, compared to the consensus estimate of $835.14 million. During the same quarter last year, the firm posted $0.84 EPS. The firm’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. Analysts anticipate that Zscaler, Inc. will post 0.11 EPS for the current year.

Zscaler 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.