4,456 Shares in Zscaler, Inc. $ZS Acquired by Kepler Cheuvreux Suisse SA

Kepler Cheuvreux Suisse SA bought a new position in shares of Zscaler, Inc. (NASDAQ:ZSFree Report) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 4,456 shares of the company’s stock, valued at approximately $625,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Binnacle Investments Inc acquired a new position in shares of Zscaler in the third quarter worth $25,000. AlphaCentric Advisors LLC acquired a new stake in shares of Zscaler in the fourth quarter valued at $29,000. Picton Mahoney Asset Management acquired a new stake in shares of Zscaler in the third quarter valued at $30,000. University of Texas Texas AM Investment Management Co. purchased a new position in Zscaler in the fourth quarter valued at $30,000. Finally, Mcguire Capital Advisors Inc. purchased a new position in Zscaler in the fourth quarter valued at $32,000. Hedge funds and other institutional investors own 46.45% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently commented on ZS shares. Wolfe Research reissued an “outperform” rating and set a $150.00 target price on shares of Zscaler in a research note on Thursday, June 11th. FBN Securities reaffirmed an “outperform” rating and issued a $175.00 price target on shares of Zscaler in a research report on Wednesday, May 27th. Mizuho decreased their price objective on Zscaler from $210.00 to $185.00 and set an “outperform” rating for the company in a research note on Wednesday, May 27th. Wells Fargo & Company lowered their price objective on Zscaler from $210.00 to $180.00 and set an “overweight” rating for the company in a research report on Thursday, May 28th. Finally, HC Wainwright upgraded shares of Zscaler from a “buy” rating to a “buy” rating in a research note on Monday, May 18th. Thirty-four research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $213.97.

Check Out Our Latest Stock Analysis on Zscaler

Zscaler Stock Performance

Shares of Zscaler stock opened at $147.33 on Monday. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.72. Zscaler, Inc. has a 52 week low of $114.63 and a 52 week high of $336.99. The firm’s 50 day moving average is $142.26 and its two-hundred day moving average is $165.05. The firm has a market capitalization of $23.82 billion, a P/E ratio of -306.93, a P/E/G ratio of 92.12 and a beta of 0.96.

Zscaler (NASDAQ:ZSGet Free Report) last issued its quarterly earnings data on Tuesday, May 26th. The company reported $1.08 earnings per share 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 business had revenue of $850.48 million during the quarter, compared to the consensus estimate of $835.14 million. During the same quarter in the previous year, the firm earned $0.84 EPS. The company’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. Research analysts forecast that Zscaler, Inc. will post 0.11 EPS for the current fiscal year.

Insider Activity at Zscaler

In other Zscaler news, insider Robert Schlossman sold 3,146 shares of the firm’s stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $126.43, for a total transaction of $397,748.78. Following the transaction, the insider owned 69,366 shares of the company’s stock, valued at approximately $8,769,943.38. This trade represents a 4.34% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Jagtar Singh Chaudhry sold 2,878 shares of the firm’s stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $126.43, for a total value of $363,865.54. Following the transaction, the chief executive officer directly owned 343,038 shares in the company, valued at approximately $43,370,294.34. The trade was a 0.83% decrease in their position. 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. Insiders have sold 15,644 shares of company stock valued at $1,960,287 over the last quarter. 17.20% of the stock is owned by insiders.

Zscaler Profile

(Free Report)

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.

Read More

Want to see what other hedge funds are holding ZS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Zscaler, Inc. (NASDAQ:ZSFree Report).

Institutional Ownership by Quarter for Zscaler (NASDAQ:ZS)

Receive News & Ratings for Zscaler Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zscaler and related companies with MarketBeat.com's FREE daily email newsletter.