Mediolanum International Funds Ltd Has $13.41 Million Stock Position in Zscaler, Inc. $ZS

Mediolanum International Funds Ltd raised its position in shares of Zscaler, Inc. (NASDAQ:ZS) by 46.4% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 45,150 shares of the company’s stock after purchasing an additional 14,313 shares during the period. Mediolanum International Funds Ltd’s holdings in Zscaler were worth $13,405,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Transcend Capital Advisors LLC boosted its holdings in Zscaler by 112.3% in the third quarter. Transcend Capital Advisors LLC now owns 1,488 shares of the company’s stock worth $446,000 after purchasing an additional 787 shares in the last quarter. Thrivent Financial for Lutherans raised its position in shares of Zscaler by 316.3% in the third quarter. Thrivent Financial for Lutherans now owns 3,064 shares of the company’s stock valued at $919,000 after purchasing an additional 2,328 shares during the period. National Pension Service lifted its stake in shares of Zscaler by 0.6% in the third quarter. National Pension Service now owns 173,863 shares of the company’s stock worth $52,100,000 after buying an additional 1,044 shares during the last quarter. Arizona State Retirement System boosted its holdings in shares of Zscaler by 2.0% during the 3rd quarter. Arizona State Retirement System now owns 29,965 shares of the company’s stock worth $8,979,000 after buying an additional 592 shares during the period. Finally, SYM FINANCIAL Corp grew its stake in Zscaler by 7.0% in the 3rd quarter. SYM FINANCIAL Corp now owns 1,376 shares of the company’s stock valued at $412,000 after buying an additional 90 shares during the last quarter. Institutional investors and hedge funds own 46.45% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. Robert W. Baird upped their price target on shares of Zscaler from $350.00 to $360.00 and gave the company an “outperform” rating in a report on Wednesday, November 26th. Loop Capital set a $320.00 target price on shares of Zscaler in a research note on Thursday, December 11th. Mizuho upgraded Zscaler from a “neutral” rating to an “outperform” rating and set a $310.00 price objective on the stock in a research report on Tuesday, December 16th. Needham & Company LLC dropped their price objective on shares of Zscaler from $350.00 to $310.00 and set a “buy” rating for the company in a research note on Wednesday, November 26th. Finally, Capital One Financial set a $320.00 target price on shares of Zscaler and gave the company an “overweight” rating in a research report on Wednesday, November 26th. One investment analyst has rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $317.63.

Zscaler Stock Down 0.3%

NASDAQ ZS opened at $200.01 on Monday. Zscaler, Inc. has a one year low of $164.78 and a one year high of $336.99. The company has a market capitalization of $31.90 billion, a P/E ratio of -769.24, a P/E/G ratio of 3,287.29 and a beta of 1.02. The stock has a 50 day moving average price of $229.16 and a 200-day moving average price of $270.88. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.82 and a current ratio of 1.82.

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

Insider Buying and Selling

In other Zscaler news, EVP Raj Judge sold 3,438 shares of the business’s stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of $230.82, for a total value of $793,559.16. Following the completion of the transaction, the executive vice president directly owned 70,394 shares in the company, valued at approximately $16,248,343.08. The trade was a 4.66% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Adam Geller sold 2,060 shares of the stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of $230.82, for a total transaction of $475,489.20. Following the sale, the insider directly owned 52,148 shares of the company’s stock, valued at approximately $12,036,801.36. The trade was a 3.80% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 19,350 shares of company stock valued at $4,471,509 over the last ninety days. Company insiders own 17.20% of the company’s stock.

About Zscaler

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.