Fulcrum Asset Management LLP Acquires 39,796 Shares of Zscaler, Inc. $ZS

Fulcrum Asset Management LLP boosted its holdings in Zscaler, Inc. (NASDAQ:ZS) by 23,272.5% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 39,967 shares of the company’s stock after acquiring an additional 39,796 shares during the period. Fulcrum Asset Management LLP’s holdings in Zscaler were worth $7,928,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in ZS. Burkett Financial Services LLC acquired a new position in Zscaler during the third quarter worth about $27,000. Activest Wealth Management lifted its holdings in shares of Zscaler by 1,281.8% in the third quarter. Activest Wealth Management now owns 152 shares of the company’s stock valued at $30,000 after purchasing an additional 141 shares in the last quarter. Elevation Wealth Partners LLC lifted its holdings in shares of Zscaler by 84.3% in the third quarter. Elevation Wealth Partners LLC now owns 153 shares of the company’s stock valued at $31,000 after purchasing an additional 70 shares in the last quarter. Fortitude Family Office LLC lifted its holdings in shares of Zscaler by 2,466.7% in the third quarter. Fortitude Family Office LLC now owns 154 shares of the company’s stock valued at $31,000 after purchasing an additional 148 shares in the last quarter. Finally, Physician Wealth Advisors Inc. grew its position in shares of Zscaler by 1,837.5% in the third quarter. Physician Wealth Advisors Inc. now owns 155 shares of the company’s stock valued at $31,000 after purchasing an additional 147 shares during the last quarter. 46.45% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Zscaler

In related news, Director James Beer sold 177 shares of the business’s stock in a transaction that occurred on Thursday, September 17th. The shares were sold at an average price of $192.01, for a total value of $33,985.77. Following the completion of the sale, the director directly owned 4,030 shares in the company, valued at approximately $773,800.30. The trade was a 4.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Robert Schlossman sold 5,394 shares of the business’s stock in a transaction that occurred on Monday, September 21st. The shares were sold at an average price of $200.00, for a total transaction of $1,078,800.00. Following the completion of the sale, the insider owned 61,525 shares of the company’s stock, valued at approximately $12,305,000. The trade was a 8.06% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 55,105 shares of company stock valued at $11,563,836 over the last three months. Insiders own 17.20% of the company’s stock.

Zscaler News Summary

Here are the key news stories impacting Zscaler this week:

• Positive Sentiment: Zscaler’s zero-trust security model could benefit from organizations modernizing remote access and protecting operational technology. Recent coverage described a customer’s VPN transition and discussed why OT environments need broader zero-trust protections; these are industry-use-case signals, not disclosed material deals. Zscaler Sales Engineer Interview Zscaler’s Nathan Howe on OT Zero Trust
• Neutral Sentiment: A comparison with Palo Alto Networks highlighted Zscaler’s cloud-native zero-trust presence among Fortune 500 companies, while noting Palo Alto’s push to bundle security services into a broader platform. This underscores Zscaler’s established position as well as competitive pressure. Palo Alto Networks vs. Zscaler
• Neutral Sentiment: Zscaler scheduled its fiscal 2027 first-quarter results and investor call for December 2, giving investors the next key opportunity to assess growth and outlook; the announcement itself provided no new financial results. Zscaler earnings call announcement
• Negative Sentiment: Recent selling has weighed on ZS alongside declines in other cybersecurity and software names. Coverage reported a 9.16% fall in the latest session and a 14% weekly decline, suggesting broad sector pressure is a near-term headwind. One analysis cited an average analyst price target of $235, but that is an estimate, not a near-term catalyst. Zscaler’s recent decline and analyst targets Why Zscaler dipped

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the stock. Jefferies Financial Group raised their price objective on shares of Zscaler from $220.00 to $250.00 and gave the stock a “buy” rating in a research note on Wednesday, October 7th. Canaccord Genuity Group upped their target price on Zscaler from $210.00 to $250.00 and gave the company a “buy” rating in a research note on Wednesday, October 7th. JPMorgan Chase & Co. upped their target price on Zscaler from $215.00 to $245.00 and gave the company an “overweight” rating in a research note on Wednesday, October 7th. Wells Fargo & Company boosted their price target on Zscaler from $215.00 to $260.00 and gave the stock an “overweight” rating in a report on Wednesday, October 7th. Finally, Yorkville Ives initiated coverage on Zscaler in a report on Tuesday, October 6th. They issued an “outperform” rating and a $250.00 price target for the company. Thirty-six equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $236.65.

Zscaler Price Performance

Shares of NASDAQ:ZS opened at $197.66 on Monday. The stock’s 50-day moving average price is $208.01 and its two-hundred day moving average price is $167.67. The company has a current ratio of 1.70, a quick ratio of 1.70 and a debt-to-equity ratio of 0.65. Zscaler, Inc. has a 12-month low of $114.63 and a 12-month high of $333.90. The firm has a market cap of $32.23 billion, a price-to-earnings ratio of -506.82, a PEG ratio of 18.79 and a beta of 0.82.

Zscaler (NASDAQ:ZS) last posted its quarterly earnings results on Thursday, September 3rd. The company reported $1.19 EPS for the quarter, beating the consensus estimate of $1.09 by $0.10. Zscaler had a positive return on equity of 1.23% and a negative net margin of 1.88%. The company had revenue of $898.19 million during the quarter, compared to analysts’ expectations of $876.96 million. During the same quarter in the previous year, the business earned $0.89 EPS. The firm’s revenue was up 24.9% on a year-over-year basis. Zscaler has set its FY 2027 guidance at 4.860-4.900 EPS and its Q1 2027 guidance at 1.150-1.160 EPS. On average, research analysts forecast that Zscaler, Inc. will post 0.70 EPS for the current year.

About Zscaler

Zscaler, Inc is a cloud security company that provides services designed to help organizations protect users, applications, and data. Its platform, the Zscaler Zero Trust Exchange, connects users and devices to applications while applying security controls, rather than relying on traditional network boundaries.

The company’s offerings include Zscaler Internet Access for securing internet and software-as-a-service traffic, and Zscaler Private Access for providing secure access to private applications.