Apexium Financial LP Invests $314,000 in Zscaler, Inc. $ZS

Apexium Financial LP bought a new position in Zscaler, Inc. (NASDAQ:ZS) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 1,000 shares of the company’s stock, valued at approximately $314,000.

Other large investors have also recently made changes to their positions in the company. Secure Asset Management LLC grew its position in Zscaler by 1.8% in the second quarter. Secure Asset Management LLC now owns 2,436 shares of the company’s stock worth $765,000 after acquiring an additional 43 shares in the last quarter. Quintet Private Bank Europe S.A. grew its position in Zscaler by 4.7% in the first quarter. Quintet Private Bank Europe S.A. now owns 1,120 shares of the company’s stock worth $222,000 after acquiring an additional 50 shares in the last quarter. Exane Asset Management grew its position in Zscaler by 185.7% in the second quarter. Exane Asset Management now owns 100 shares of the company’s stock worth $31,000 after acquiring an additional 65 shares in the last quarter. Cerity Partners LLC grew its position in Zscaler by 0.3% in the first quarter. Cerity Partners LLC now owns 22,928 shares of the company’s stock worth $4,549,000 after acquiring an additional 68 shares in the last quarter. Finally, Koshinski Asset Management Inc. grew its position in Zscaler by 2.6% in the first quarter. Koshinski Asset Management Inc. now owns 2,801 shares of the company’s stock worth $556,000 after acquiring an additional 70 shares in the last quarter. 46.45% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research analysts recently commented on the company. KeyCorp lifted their price target on Zscaler from $345.00 to $350.00 and gave the stock an “overweight” rating in a research report on Wednesday, September 3rd. Wall Street Zen upgraded Zscaler from a “hold” rating to a “buy” rating in a research report on Sunday, September 7th. Stifel Nicolaus lifted their price target on Zscaler from $295.00 to $330.00 and gave the stock a “buy” rating in a research report on Wednesday, September 3rd. Wells Fargo & Company upgraded Zscaler from an “equal weight” rating to an “overweight” rating and boosted their target price for the company from $260.00 to $385.00 in a research report on Friday, June 13th. Finally, Canaccord Genuity Group boosted their target price on Zscaler from $320.00 to $340.00 and gave the company a “buy” rating in a research report on Thursday, September 4th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $307.43.

Insider Activity at Zscaler

In other news, CEO Jagtar Singh Chaudhry sold 2,865 shares of Zscaler 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 of the company’s stock, valued at approximately $98,441,490. The trade was a 0.81% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Adam Geller sold 10,464 shares of Zscaler stock in a transaction that occurred on Wednesday, September 17th. The shares were sold at an average price of $284.25, for a total transaction of $2,974,392.00. Following the sale, the insider directly owned 43,478 shares of the company’s stock, valued at $12,358,621.50. This represents a 19.40% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 39,884 shares of company stock worth $11,406,825. Insiders own 18.10% of the company’s stock.

Zscaler Stock Down 0.7%

Shares of NASDAQ:ZS opened at $305.41 on Friday. The business has a 50 day simple moving average of $282.18 and a two-hundred day simple moving average of $263.97. The company has a debt-to-equity ratio of 0.95, a current ratio of 2.01 and a quick ratio of 2.01. Zscaler, Inc. has a 1 year low of $164.78 and a 1 year high of $318.46. The firm has a market capitalization of $48.35 billion, a PE ratio of -1,131.15 and a beta of 1.06.

Zscaler (NASDAQ:ZS) last posted its quarterly earnings results on Tuesday, September 2nd. The company reported $0.89 earnings per share for the quarter, beating the consensus estimate 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 during the quarter, compared to the consensus estimate of $707.15 million. During the same quarter in the previous year, the firm posted $0.88 earnings per share. The company’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. On average, equities analysts predict that Zscaler, Inc. will post -0.1 EPS 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.