18,509 Shares in Zscaler, Inc. $ZS Acquired by GGM Financials LLC

GGM Financials LLC acquired a new position in shares of Zscaler, Inc. (NASDAQ:ZS) in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund acquired 18,509 shares of the company’s stock, valued at approximately $5,811,000. Zscaler comprises about 1.1% of GGM Financials LLC’s investment portfolio, making the stock its 22nd largest holding.

Several other institutional investors have also recently modified their holdings of ZS. GAMMA Investing LLC raised its position in shares of Zscaler by 43.1% during the 1st quarter. GAMMA Investing LLC now owns 641 shares of the company’s stock worth $127,000 after purchasing an additional 193 shares during the last quarter. Oppenheimer & Co. Inc. increased its holdings in shares of Zscaler by 25.5% during the 1st quarter. Oppenheimer & Co. Inc. now owns 4,214 shares of the company’s stock worth $836,000 after buying an additional 856 shares during the last quarter. Robeco Institutional Asset Management B.V. increased its holdings in shares of Zscaler by 150.8% during the 1st quarter. Robeco Institutional Asset Management B.V. now owns 61,961 shares of the company’s stock worth $12,294,000 after buying an additional 37,254 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of Zscaler by 11.9% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 49,232 shares of the company’s stock worth $10,198,000 after buying an additional 5,228 shares during the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. increased its holdings in shares of Zscaler by 7.0% during the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 240,292 shares of the company’s stock worth $47,679,000 after buying an additional 15,644 shares during the last quarter. 46.45% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Zscaler

In other Zscaler news, insider Robert Schlossman sold 7,006 shares of the firm’s stock in a transaction that occurred on Thursday, October 2nd. The shares were sold at an average price of $305.57, for a total value of $2,140,823.42. Following the sale, the insider owned 76,132 shares in the company, valued at approximately $23,263,655.24. This trade represents a 8.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Jagtar Singh Chaudhry sold 2,865 shares of the firm’s stock in a transaction that occurred on Tuesday, September 16th. The shares were sold at an average price of $280.70, for a total transaction of $804,205.50. Following the completion of the sale, the chief executive officer owned 350,700 shares in the company, valued at $98,441,490. The trade was a 0.81% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 43,084 shares of company stock worth $12,446,825. Insiders own 18.10% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Bank of America upped their price objective on Zscaler from $340.00 to $355.00 and gave the stock a “buy” rating in a report on Monday, October 20th. Rosenblatt Securities upped their price target on shares of Zscaler from $315.00 to $330.00 and gave the stock a “buy” rating in a research report on Wednesday, September 3rd. Robert W. Baird upped their price target on shares of Zscaler from $330.00 to $345.00 and gave the stock an “outperform” rating in a research report on Wednesday, September 3rd. JPMorgan Chase & Co. upped their price target on shares of Zscaler from $348.00 to $351.00 and gave the stock an “overweight” rating in a research report on Wednesday, September 3rd. Finally, Wall Street Zen cut shares of Zscaler from a “buy” rating to a “hold” rating in a research report on Saturday, October 18th. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Zscaler currently has a consensus rating of “Moderate Buy” and a consensus price target of $307.86.

Zscaler Stock Performance

Shares of NASDAQ ZS opened at $326.33 on Tuesday. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.95. The firm’s 50-day moving average price is $291.51 and its two-hundred day moving average price is $276.81. Zscaler, Inc. has a 52-week low of $164.78 and a 52-week high of $327.71. The stock has a market capitalization of $51.66 billion, a P/E ratio of -1,208.63 and a beta of 1.06.

Zscaler (NASDAQ:ZS) last issued its earnings results on Tuesday, September 2nd. The company reported $0.89 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.80 by $0.09. Zscaler had a negative net margin of 1.55% and a negative return on equity of 0.47%. The firm had revenue of $719.23 million for the quarter, compared to analysts’ expectations of $707.15 million. During the same quarter last year, the company posted $0.88 earnings per share. Zscaler’s revenue was up 21.3% on a year-over-year basis. Zscaler has set its FY 2026 guidance at 3.640-3.680 EPS. Q1 2026 guidance at 0.850-0.860 EPS. As a group, sell-side analysts forecast that Zscaler, Inc. will post -0.1 earnings per share for the current year.

Zscaler Company Profile

Zscaler, Inc operates as a cloud security company worldwide. The company offers Zscaler Internet Access solution that provides users, workloads, IoT, and OT devices secure access to externally managed applications, including software-as-a-service (SaaS) applications and internet destinations; and Zscaler Private Access solution, which is designed to provide access to managed applications hosted internally in data centers, and private or public clouds.