Donor Advised Charitable Giving Inc. bought a new position in shares of Zscaler, Inc. (NASDAQ:ZS – Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 740 shares of the company’s stock, valued at approximately $232,000.
Other large investors have also recently bought and sold shares of the company. Secure Asset Management LLC boosted its stake 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 buying an additional 43 shares in the last quarter. Quintet Private Bank Europe S.A. grew its holdings in shares of Zscaler by 4.7% during the 1st quarter. Quintet Private Bank Europe S.A. now owns 1,120 shares of the company’s stock valued at $222,000 after purchasing an additional 50 shares during the last quarter. Exane Asset Management lifted its stake 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 purchasing an additional 65 shares during the last quarter. Cerity Partners LLC boosted its position in Zscaler by 0.3% during the first quarter. Cerity Partners LLC now owns 22,928 shares of the company’s stock valued at $4,549,000 after buying an additional 68 shares during the period. Finally, Koshinski Asset Management Inc. boosted its position in Zscaler by 2.6% during the first quarter. Koshinski Asset Management Inc. now owns 2,801 shares of the company’s stock valued at $556,000 after buying an additional 70 shares during the period. 46.45% of the stock is owned by institutional investors.
Insider Buying and Selling at Zscaler
In related news, CEO Jagtar Singh Chaudhry sold 2,865 shares of the stock in a transaction dated Tuesday, September 16th. The shares were sold at an average price of $280.70, for a total value of $804,205.50. Following the completion of the transaction, the chief executive officer directly owned 350,700 shares in the company, valued at $98,441,490. This trade represents a 0.81% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Adam Geller sold 10,464 shares of the business’s stock in a transaction dated Wednesday, September 17th. The stock was 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 in the company, valued at $12,358,621.50. The trade was a 19.40% decrease in their position. The disclosure for this sale can be found here. Insiders sold 39,884 shares of company stock valued at $11,406,825 over the last 90 days. 18.10% of the stock is owned by corporate insiders.
Zscaler Stock Performance
Zscaler (NASDAQ:ZS – Get Free Report) last released its earnings results on Tuesday, September 2nd. The company reported $0.89 EPS for the quarter, beating analysts’ consensus estimates of $0.80 by $0.09. The company had revenue of $719.23 million during the quarter, compared to analysts’ expectations of $707.15 million. Zscaler had a negative return on equity of 0.47% and a negative net margin of 1.55%.The firm’s revenue for the quarter was up 21.3% compared to the same quarter last year. During the same quarter last year, the business posted $0.88 EPS. Zscaler has set its FY 2026 guidance at 3.640-3.680 EPS. Q1 2026 guidance at 0.850-0.860 EPS. On average, analysts anticipate that Zscaler, Inc. will post -0.1 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently weighed in on the company. Robert W. Baird boosted their target price on Zscaler from $330.00 to $345.00 and gave the company an “outperform” rating in a research note on Wednesday, September 3rd. Evercore ISI boosted their price objective on Zscaler from $290.00 to $320.00 and gave the company an “outperform” rating in a research report on Wednesday, September 3rd. Royal Bank Of Canada raised their target price on shares of Zscaler from $335.00 to $350.00 and gave the stock an “outperform” rating in a report on Thursday. BTIG Research reissued a “buy” rating on shares of Zscaler in a research report on Thursday, July 10th. Finally, BMO Capital Markets boosted their price objective on shares of Zscaler from $295.00 to $315.00 and gave the company an “outperform” rating in a research report on Wednesday, September 3rd. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $307.43.
Read Our Latest Report on Zscaler
About Zscaler
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.
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