Forsta AP Fonden Buys 400 Shares of Zscaler, Inc. $ZS

Forsta AP Fonden increased its position in shares of Zscaler, Inc. (NASDAQ:ZS) by 2.0% in the 2nd quarter, HoldingsChannel reports. The firm owned 20,900 shares of the company’s stock after acquiring an additional 400 shares during the quarter. Forsta AP Fonden’s holdings in Zscaler were worth $6,561,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of ZS. Parcion Private Wealth LLC raised its position in shares of Zscaler by 3.3% in the 2nd quarter. Parcion Private Wealth LLC now owns 1,200 shares of the company’s stock valued at $377,000 after buying an additional 38 shares in the last quarter. Secure Asset Management LLC raised its position in Zscaler by 1.8% during the second quarter. Secure Asset Management LLC now owns 2,436 shares of the company’s stock valued at $765,000 after purchasing an additional 43 shares in the last quarter. Tlwm raised its position in Zscaler by 1.0% during the second quarter. Tlwm now owns 4,649 shares of the company’s stock valued at $1,460,000 after purchasing an additional 44 shares in the last quarter. STF Management LP lifted its stake in Zscaler by 2.2% during the second quarter. STF Management LP now owns 2,273 shares of the company’s stock worth $714,000 after purchasing an additional 48 shares during the last quarter. Finally, Earned Wealth Advisors LLC boosted its holdings in shares of Zscaler by 4.3% in the 2nd quarter. Earned Wealth Advisors LLC now owns 1,336 shares of the company’s stock valued at $419,000 after purchasing an additional 55 shares in the last quarter. 46.45% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have commented on ZS shares. Susquehanna boosted their target price on Zscaler from $320.00 to $340.00 and gave the stock a “positive” rating in a research note on Wednesday, September 3rd. Piper Sandler upped their price target on shares of Zscaler from $260.00 to $280.00 and gave the stock a “neutral” rating in a report on Wednesday, September 3rd. Guggenheim reissued a “neutral” rating on shares of Zscaler in a report on Wednesday, September 3rd. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $340.00 target price on shares of Zscaler in a report on Wednesday, September 3rd. Finally, Evercore ISI increased their target price on Zscaler from $290.00 to $320.00 and gave the company an “outperform” rating in a research report on Wednesday, September 3rd. One analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $312.39.

Zscaler Trading Down 3.0%

NASDAQ:ZS opened at $299.45 on Friday. Zscaler, Inc. has a 12 month low of $164.78 and a 12 month high of $336.99. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.95. The stock has a market capitalization of $47.40 billion, a price-to-earnings ratio of -1,109.07 and a beta of 1.06. The firm has a fifty day simple moving average of $305.33 and a two-hundred day simple moving average of $287.91.

Zscaler (NASDAQ:ZS) last issued its earnings results on Tuesday, September 2nd. The company reported $0.89 EPS for the quarter, beating the consensus estimate of $0.80 by $0.09. Zscaler had a negative return on equity of 0.47% and a negative net margin of 1.55%.The company had revenue of $719.23 million during the quarter, compared to the consensus estimate of $707.15 million. During the same period last year, the business posted $0.88 EPS. The firm’s revenue for the quarter was up 21.3% compared to the same quarter last year. Zscaler has set its FY 2026 guidance at 3.640-3.680 EPS. Q1 2026 guidance at 0.850-0.860 EPS. Analysts expect that Zscaler, Inc. will post -0.1 EPS for the current fiscal year.

Insider Transactions at Zscaler

In other news, EVP Raj Judge sold 4,524 shares of the business’s stock in a transaction dated Tuesday, September 16th. The shares were sold at an average price of $280.70, for a total transaction of $1,269,886.80. Following the completion of the sale, the executive vice president directly owned 73,832 shares of the company’s stock, valued at $20,724,642.40. The trade was a 5.77% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Adam Geller sold 11,193 shares of the company’s stock in a transaction dated Tuesday, September 16th. The stock was sold at an average price of $280.70, for a total transaction of $3,141,875.10. Following the completion of the sale, the insider owned 53,942 shares in the company, valued at $15,141,519.40. This represents a 17.18% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 43,084 shares of company stock valued at $12,446,825 in the last 90 days. 18.10% of the stock is currently owned by company insiders.

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.