BDF Gestion Sells 2,153 Shares of Zscaler, Inc. $ZS

BDF Gestion lessened its holdings in Zscaler, Inc. (NASDAQ:ZS) by 17.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 10,347 shares of the company’s stock after selling 2,153 shares during the quarter. BDF Gestion’s holdings in Zscaler were worth $3,101,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of ZS. SVB Wealth LLC bought a new position in Zscaler in the first quarter valued at approximately $26,000. Quaker Wealth Management LLC lifted its stake in shares of Zscaler by 200.0% in the 2nd quarter. Quaker Wealth Management LLC now owns 97 shares of the company’s stock valued at $30,000 after purchasing an additional 194 shares during the period. Exane Asset Management boosted its position in shares of Zscaler by 185.7% in the 2nd quarter. Exane Asset Management now owns 100 shares of the company’s stock worth $31,000 after purchasing an additional 65 shares during the last quarter. Bayforest Capital Ltd acquired a new stake in shares of Zscaler during the first quarter worth $34,000. Finally, Kozak & Associates Inc. bought a new stake in Zscaler in the second quarter valued at about $35,000. 46.45% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have issued reports on ZS shares. Royal Bank Of Canada raised their target price on Zscaler from $350.00 to $366.00 and gave the stock an “outperform” rating in a report on Wednesday, November 12th. Barclays lifted their price objective on shares of Zscaler from $320.00 to $350.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 12th. HC Wainwright restated a “buy” rating on shares of Zscaler in a report on Wednesday, November 26th. Sanford C. Bernstein lowered shares of Zscaler from an “outperform” rating to a “hold” rating in a report on Monday, December 1st. Finally, Macquarie began coverage on shares of Zscaler in a research report on Friday, October 31st. They set an “outperform” rating and a $390.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $322.66.

Insider Activity at Zscaler

In other news, EVP Raj Judge sold 3,438 shares of the company’s stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $230.82, for a total transaction of $793,559.16. Following the completion of the transaction, the executive vice president directly owned 70,394 shares of the company’s stock, valued at $16,248,343.08. This represents a 4.66% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Adam Geller sold 2,060 shares of Zscaler stock in a transaction that occurred on Tuesday, December 16th. The shares were sold at an average price of $230.82, for a total value of $475,489.20. Following the completion of the sale, the insider directly owned 52,148 shares in the company, valued at approximately $12,036,801.36. This represents a 3.80% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 28,903 shares of company stock valued at $7,504,284 over the last ninety days. Company insiders own 17.20% of the company’s stock.

Zscaler Stock Up 0.6%

Zscaler stock opened at $232.55 on Friday. The company has a 50 day moving average of $285.19 and a 200-day moving average of $289.24. The company has a quick ratio of 1.82, a current ratio of 1.82 and a debt-to-equity ratio of 0.86. Zscaler, Inc. has a twelve month low of $164.78 and a twelve month high of $336.99. The stock has a market capitalization of $37.08 billion, a PE ratio of -894.39 and a beta of 1.07.

Zscaler (NASDAQ:ZS) last posted its quarterly earnings data on Tuesday, November 25th. The company reported $0.96 EPS for the quarter, beating the consensus estimate of $0.85 by $0.11. The business had revenue of $788.11 million for the quarter, compared to analysts’ expectations of $773.86 million. Zscaler had a negative net margin of 1.45% and a negative return on equity of 0.12%. The firm’s revenue was up 25.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.77 EPS. Zscaler has set its FY 2026 guidance at 3.780-3.820 EPS and its Q2 2026 guidance at 0.890-0.900 EPS. On average, equities research analysts anticipate that Zscaler, Inc. will post -0.1 EPS for the current fiscal year.

Zscaler Company Profile

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.