Quantinno Capital Management LP Buys 17,400 Shares of Zscaler, Inc. $ZS

Quantinno Capital Management LP raised its stake in Zscaler, Inc. (NASDAQ:ZS) by 53.0% during the 1st quarter, Holdings Channel.com reports. The firm owned 50,248 shares of the company’s stock after buying an additional 17,400 shares during the quarter. Quantinno Capital Management LP’s holdings in Zscaler were worth $7,049,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Integrated Wealth Concepts LLC raised its stake in shares of Zscaler by 19.9% during the 1st quarter. Integrated Wealth Concepts LLC now owns 1,439 shares of the company’s stock worth $285,000 after acquiring an additional 239 shares in the last quarter. NewEdge Advisors LLC boosted its stake in Zscaler by 8.2% in the first quarter. NewEdge Advisors LLC now owns 4,899 shares of the company’s stock valued at $972,000 after acquiring an additional 370 shares in the last quarter. Empowered Funds LLC grew its holdings in Zscaler by 9.2% in the first quarter. Empowered Funds LLC now owns 2,811 shares of the company’s stock worth $558,000 after purchasing an additional 238 shares during the last quarter. Sivia Capital Partners LLC acquired a new position in shares of Zscaler during the second quarter worth $252,000. Finally, Jump Financial LLC acquired a new position in shares of Zscaler during the second quarter worth $3,019,000. 46.45% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

ZS has been the subject of a number of recent analyst reports. Cantor Fitzgerald reissued an “overweight” rating and issued a $225.00 price objective on shares of Zscaler in a research report on Wednesday, June 10th. Evercore set a $155.00 price target on Zscaler and gave the company an “in-line” rating in a research note on Wednesday, May 27th. FBN Securities reissued an “outperform” rating and issued a $175.00 price target on shares of Zscaler in a report on Wednesday, May 27th. KeyCorp boosted their price target on Zscaler from $176.00 to $185.00 and gave the stock an “overweight” rating in a research note on Thursday, July 16th. Finally, Truist Financial set a $210.00 price objective on shares of Zscaler in a report on Wednesday, May 27th. Thirty-four analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Zscaler presently has a consensus rating of “Moderate Buy” and a consensus price target of $214.21.

Zscaler Stock Performance

Shares of ZS opened at $161.65 on Thursday. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.86 and a current ratio of 1.86. The stock has a 50-day moving average of $140.27 and a two-hundred day moving average of $152.75. The stock has a market cap of $26.14 billion, a P/E ratio of -336.76, a P/E/G ratio of 58.75 and a beta of 0.94. Zscaler, Inc. has a one year low of $114.63 and a one year high of $336.99.

Zscaler (NASDAQ:ZS) last announced its quarterly earnings data on Tuesday, May 26th. The company reported $1.08 earnings per share for the quarter, beating analysts’ consensus estimates of $1.01 by $0.07. Zscaler had a negative return on equity of 0.37% and a negative net margin of 2.44%.The business had revenue of $850.48 million for the quarter, compared to analyst estimates of $835.14 million. During the same period in the prior year, the company earned $0.84 earnings per share. The company’s revenue was up 25.4% on a year-over-year basis. Zscaler has set its Q4 2026 guidance at 1.080-1.090 EPS and its FY 2026 guidance at 4.100-4.110 EPS. As a group, research analysts predict that Zscaler, Inc. will post 0.12 EPS for the current year.

Insider Buying and Selling at Zscaler

In other Zscaler news, insider Robert Schlossman sold 3,146 shares of Zscaler stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $126.43, for a total transaction of $397,748.78. Following the completion of the sale, the insider directly owned 69,366 shares in the company, valued at approximately $8,769,943.38. The trade was a 4.34% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Kevin Rubin sold 3,000 shares of the company’s stock in a transaction on Thursday, June 25th. The shares were sold at an average price of $124.22, for a total transaction of $372,660.00. Following the completion of the sale, the chief financial officer directly owned 41,901 shares in the company, valued at $5,204,942.22. This trade represents a 6.68% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 16,269 shares of company stock valued at $2,052,589. 17.20% of the stock is owned by corporate insiders.

About Zscaler

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.