Zscaler, Inc. $ZS Shares Sold by Liontrust Investment Partners LLP

Liontrust Investment Partners LLP trimmed its holdings in Zscaler, Inc. (NASDAQ:ZS) by 26.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 189,315 shares of the company’s stock after selling 69,610 shares during the quarter. Liontrust Investment Partners LLP’s holdings in Zscaler were worth $26,559,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Binnacle Investments Inc purchased a new stake in shares of Zscaler in the third quarter valued at approximately $25,000. AlphaCentric Advisors LLC acquired a new stake in shares of Zscaler in the fourth quarter valued at approximately $29,000. University of Texas Texas AM Investment Management Co. purchased a new position in Zscaler during the fourth quarter worth approximately $30,000. Mcguire Capital Advisors Inc. purchased a new position in Zscaler during the fourth quarter worth approximately $32,000. Finally, Western Wealth Management LLC acquired a new position in Zscaler during the first quarter worth $33,000. 46.45% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Zscaler

In other Zscaler news, insider Adam Geller sold 2,817 shares of the stock in a transaction dated Monday, June 22nd. The shares were sold at an average price of $122.60, for a total transaction of $345,364.20. Following the completion of the transaction, the insider owned 42,314 shares of the company’s stock, valued at $5,187,696.40. This trade represents a 6.24% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jagtar Singh Chaudhry sold 2,878 shares of Zscaler stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $126.43, for a total transaction of $363,865.54. Following the sale, the chief executive officer owned 343,038 shares of the company’s stock, valued at approximately $43,370,294.34. This represents a 0.83% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders sold 16,269 shares of company stock worth $2,052,589. 17.20% of the stock is owned by corporate insiders.

Zscaler Price Performance

NASDAQ:ZS opened at $148.39 on Friday. Zscaler, Inc. has a 52 week low of $114.63 and a 52 week high of $336.99. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.72. The company has a market capitalization of $24.00 billion, a P/E ratio of -309.14, a P/E/G ratio of 88.12 and a beta of 0.96. The stock’s fifty day moving average is $141.17 and its two-hundred day moving average is $154.35.

Zscaler (NASDAQ:ZS) last released 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. The business had revenue of $850.48 million during the quarter, compared to analysts’ expectations of $835.14 million. Zscaler had a negative return on equity of 0.37% and a negative net margin of 2.44%.The company’s revenue was up 25.4% compared to the same quarter last year. During the same period in the prior year, the business posted $0.84 EPS. Zscaler has set its Q4 2026 guidance at 1.080-1.090 EPS and its FY 2026 guidance at 4.100-4.110 EPS. Equities analysts expect that Zscaler, Inc. will post 0.12 EPS for the current year.

Analyst Ratings Changes

Several brokerages have issued reports on ZS. Citizens Jmp dropped their target price on Zscaler from $290.00 to $210.00 and set a “market outperform” rating for the company in a report on Friday, May 1st. Stifel Nicolaus lowered their price target on shares of Zscaler from $180.00 to $175.00 and set a “buy” rating on the stock in a research report on Wednesday, May 27th. BMO Capital Markets dropped their price objective on shares of Zscaler from $210.00 to $178.00 and set an “outperform” rating for the company in a report on Wednesday, May 27th. JPMorgan Chase & Co. cut their price objective on shares of Zscaler from $250.00 to $205.00 and set an “overweight” rating for the company in a research report on Wednesday, May 27th. Finally, Truist Financial set a $210.00 price objective on shares of Zscaler in a research report on Wednesday, May 27th. Thirty-four research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Zscaler currently has an average rating of “Moderate Buy” and an average price target of $214.21.

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.