PensionDanmark Pensionsforsikringsaktieselskab Has $4.24 Million Position in Zscaler, Inc. $ZS

PensionDanmark Pensionsforsikringsaktieselskab boosted its stake in shares of Zscaler, Inc. (NASDAQ:ZS) by 19.2% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 30,022 shares of the company’s stock after acquiring an additional 4,835 shares during the period. PensionDanmark Pensionsforsikringsaktieselskab’s holdings in Zscaler were worth $4,238,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in ZS. First Trust Advisors LP grew its holdings in shares of Zscaler by 36.2% during the 1st quarter. First Trust Advisors LP now owns 3,518,678 shares of the company’s stock worth $493,635,000 after purchasing an additional 935,781 shares in the last quarter. Price T Rowe Associates Inc. MD raised its stake in Zscaler by 43.3% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 2,572,358 shares of the company’s stock valued at $578,576,000 after purchasing an additional 777,414 shares in the last quarter. AQR Capital Management LLC lifted its position in Zscaler by 61.8% during the third quarter. AQR Capital Management LLC now owns 1,941,571 shares of the company’s stock worth $576,083,000 after purchasing an additional 741,756 shares during the period. Pictet Asset Management Holding SA lifted its position 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 purchasing an additional 661,413 shares during the period. Finally, SEB Asset Management AB acquired a new stake in Zscaler during the first quarter worth about $60,033,000. 46.45% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. Needham & Company LLC reissued a “buy” rating and issued a $180.00 target price on shares of Zscaler in a report on Wednesday, June 10th. TD Cowen reiterated a “buy” rating on shares of Zscaler in a research report on Wednesday, May 27th. Canaccord Genuity Group reissued a “buy” rating and issued a $210.00 price objective on shares of Zscaler in a research note on Thursday, June 11th. Weiss Ratings restated a “sell (e+)” rating on shares of Zscaler in a research report on Tuesday, June 9th. Finally, Citizens Jmp cut their target price on Zscaler from $290.00 to $210.00 and set a “market outperform” rating for the company in a research note on Friday, May 1st. Thirty-four equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Zscaler currently has a consensus rating of “Moderate Buy” and a consensus target price of $214.21.

Insider Transactions at Zscaler

In related news, insider Robert Schlossman sold 3,146 shares of the firm’s stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $126.43, for a total transaction of $397,748.78. Following the sale, the insider owned 69,366 shares of the company’s stock, valued at $8,769,943.38. This trade represents a 4.34% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 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 business’s stock in a transaction on Thursday, June 25th. The stock was sold at an average price of $124.22, for a total value of $372,660.00. Following the sale, the chief financial officer owned 41,901 shares in the company, valued at $5,204,942.22. This represents a 6.68% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 16,269 shares of company stock valued at $2,052,589 over the last quarter. 17.20% of the stock is currently owned by insiders.

Zscaler Stock Performance

ZS opened at $168.68 on Monday. The company has a market cap of $27.28 billion, a P/E ratio of -351.41, a PEG ratio of 60.71 and a beta of 0.94. 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 company’s 50 day moving average is $141.50 and its 200-day moving average is $152.07. Zscaler, Inc. has a 1-year low of $114.63 and a 1-year high of $336.99.

Zscaler (NASDAQ:ZS) last released its quarterly earnings data on Tuesday, May 26th. The company reported $1.08 earnings per share (EPS) 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 net margin of 2.44% and a negative return on equity of 0.37%. The firm’s quarterly revenue was up 25.4% compared to the same quarter last year. During the same period in the prior year, the company earned $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 research analysts predict that Zscaler, Inc. will post 0.12 earnings per share for the current fiscal year.

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.