FNY Investment Advisers LLC Purchases New Stake in Zscaler, Inc. $ZS

FNY Investment Advisers LLC purchased a new stake in Zscaler, Inc. (NASDAQ:ZS) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 3,324 shares of the company’s stock, valued at approximately $1,043,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. ORG Partners LLC grew its position in Zscaler by 284.8% in the first quarter. ORG Partners LLC now owns 127 shares of the company’s stock worth $26,000 after acquiring an additional 94 shares during the period. SVB Wealth LLC purchased a new position in Zscaler in the first quarter worth approximately $26,000. Goodman Advisory Group LLC purchased a new position in Zscaler in the first quarter worth approximately $29,000. N.E.W. Advisory Services LLC purchased a new position in Zscaler in the first quarter worth approximately $29,000. Finally, 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 during the period. Institutional investors and hedge funds own 46.45% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the company. Piper Sandler increased their price objective on Zscaler from $260.00 to $280.00 and gave the stock a “neutral” rating in a research report on Wednesday, September 3rd. Zacks Research upgraded Zscaler from a “strong sell” rating to a “hold” rating in a research report on Thursday, October 2nd. Scotiabank lowered their price objective on Zscaler from $360.00 to $334.00 and set a “sector outperform” rating for the company in a research report on Wednesday, September 3rd. Rosenblatt Securities raised their price target on Zscaler from $315.00 to $330.00 and gave the stock a “buy” rating in a research report on Wednesday, September 3rd. Finally, Morgan Stanley upgraded Zscaler from an “equal weight” rating to an “overweight” rating and raised their price target for the stock from $280.00 to $320.00 in a research report on Tuesday, September 2nd. One analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Zscaler has a consensus rating of “Moderate Buy” and an average target price of $307.86.

Insider Buying and Selling

In related news, CEO Jagtar Singh Chaudhry sold 2,865 shares of Zscaler stock in a transaction on Tuesday, September 16th. The stock was 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 approximately $98,441,490. This trade represents a 0.81% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Raj Judge sold 4,524 shares of Zscaler stock in a transaction on Tuesday, September 16th. The shares were sold at an average price of $280.70, for a total value of $1,269,886.80. Following the completion of the transaction, the executive vice president owned 73,832 shares of the company’s stock, valued at approximately $20,724,642.40. This trade represents a 5.77% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 39,884 shares of company stock valued at $11,406,825. 18.10% of the stock is currently owned by company insiders.

Zscaler Trading Up 1.5%

ZS opened at $310.37 on Wednesday. The firm has a market cap of $49.13 billion, a P/E ratio of -1,149.52 and a beta of 1.06. The business has a fifty day simple moving average of $288.01 and a 200-day simple moving average of $272.54. Zscaler, Inc. has a 52 week low of $164.78 and a 52 week high of $319.89. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.95.

Zscaler (NASDAQ:ZS) last released its earnings results on Tuesday, September 2nd. The company reported $0.89 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.80 by $0.09. The firm had revenue of $719.23 million during the quarter, compared to analyst estimates of $707.15 million. Zscaler had a negative return on equity of 0.47% and a negative net margin of 1.55%.Zscaler’s revenue was up 21.3% compared to the same quarter last year. During the same period last year, the business posted $0.88 earnings per share. 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 expect 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.