Mirae Asset Global Investments Co. Ltd. Boosts Stock Holdings in Zscaler, Inc. $ZS

Mirae Asset Global Investments Co. Ltd. boosted its position in Zscaler, Inc. (NASDAQ:ZS) by 24.4% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 66,816 shares of the company’s stock after buying an additional 13,088 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in Zscaler were worth $20,022,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in ZS. Valeo Financial Advisors LLC increased its holdings in Zscaler by 12.3% in the 3rd quarter. Valeo Financial Advisors LLC now owns 776 shares of the company’s stock worth $233,000 after acquiring an additional 85 shares during the last quarter. Federated Hermes Inc. lifted its stake in shares of Zscaler by 9.4% during the 3rd quarter. Federated Hermes Inc. now owns 1,281,671 shares of the company’s stock valued at $384,066,000 after buying an additional 109,688 shares in the last quarter. Truist Financial Corp grew its stake in Zscaler by 3.7% in the 3rd quarter. Truist Financial Corp now owns 7,522 shares of the company’s stock valued at $2,254,000 after buying an additional 265 shares in the last quarter. Hutchens & Kramer Investment Management Group LLC purchased a new position in Zscaler in the 3rd quarter valued at approximately $210,000. Finally, J. Safra Sarasin Holding AG raised its holdings in Zscaler by 29.5% during the 3rd quarter. J. Safra Sarasin Holding AG now owns 32,675 shares of the company’s stock valued at $9,791,000 after acquiring an additional 7,447 shares during the period. Hedge funds and other institutional investors own 46.45% of the company’s stock.

Trending Headlines about Zscaler

Here are the key news stories impacting Zscaler this week:

• Positive Sentiment: Zscaler rolled out a new AI security suite that expands its zero?trust story and positions the company to monetize rising enterprise AI risk — a direct product/capability catalyst for revenue growth. Zscaler Deepens Zero Trust Story With New AI Security Suite
• Positive Sentiment: Industry coverage highlights Zscaler as a frontline vendor as AI adoption accelerates, reinforcing TAM expansion and the company’s strategic relevance. AI is coming to an enterprise near you and Zscaler aims to secure it
• Positive Sentiment: Multiple reports show enterprise AI usage jumping (~91%) and surveys warning most AI systems are vulnerable — these trends increase demand for cloud?native security, a tailwind for Zscaler’s services. AI Security Threats Loom as Enterprise Usage Jumps 91%
• Positive Sentiment: Independent surveys highlighting rapid breach risk for AI systems further underscore the market need for Zscaler’s offerings. How secure is your business really? New survey claims 90% of enterprise AI systems could be breached within 90 minutes
• Positive Sentiment: Analyst commentary and screens highlight Zscaler as a strong growth name and brokerages maintain a consensus “Moderate Buy,” supporting longer?term investor interest. Here’s Why Zscaler (ZS) is a Strong Growth Stock Zscaler, Inc. (NASDAQ:ZS) Given Consensus Rating of “Moderate Buy” by Brokerages
• Neutral Sentiment: Several valuation and reassessment pieces note recent share?price weakness and volatility, prompting investors to revisit multiples and growth assumptions — this creates near?term debate on fair value. Assessing Zscaler (ZS) Valuation After Recent Share Price Weakness And Ongoing Revenue Growth
• Neutral Sentiment: Further coverage asks whether it’s time to reassess ZS after recent swings — useful for medium?term investors but not an immediate fundamental change. Is It Time To Reassess Zscaler (ZS) After Recent Share Price Swings?
• Neutral Sentiment: Coverage on AI tool fragility and governance underscores complexity — this both increases demand for vendors and raises implementation risk that enterprises must manage. AI tools break quickly, underscoring need for governance
• Negative Sentiment: Despite positive product/news flow, short?term pressure is evident: share price weakness has pushed ZS below key moving averages and prompted fresh valuation scrutiny — factors likely driving today’s decline.

Zscaler Stock Performance

Zscaler stock opened at $200.63 on Friday. The firm’s fifty day moving average price is $230.66 and its 200-day moving average price is $271.76. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.82 and a current ratio of 1.82. The stock has a market cap of $31.99 billion, a P/E ratio of -771.62, a price-to-earnings-growth ratio of 3,516.41 and a beta of 1.02. Zscaler, Inc. has a fifty-two week low of $164.78 and a fifty-two week high of $336.99.

Zscaler (NASDAQ:ZS) last announced its earnings results on Tuesday, November 25th. The company reported $0.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.85 by $0.11. Zscaler had a negative net margin of 1.45% and a negative return on equity of 0.12%. The company had revenue of $788.11 million during the quarter, compared to analyst estimates of $773.86 million. During the same period in the previous year, the business earned $0.77 earnings per share. The firm’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. On average, equities research analysts expect that Zscaler, Inc. will post -0.1 earnings per share for the current fiscal year.

Insider Activity at Zscaler

In related news, CEO Jagtar Singh Chaudhry sold 2,843 shares of the business’s stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $230.82, for a total value of $656,221.26. Following the completion of the sale, the chief executive officer owned 347,857 shares in the company, valued at $80,292,352.74. The trade was a 0.81% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Kevin Rubin sold 3,303 shares of the company’s stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $230.82, for a total value of $762,398.46. Following the completion of the sale, the chief financial officer directly owned 48,161 shares of the company’s stock, valued at approximately $11,116,522.02. This represents a 6.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 19,350 shares of company stock worth $4,471,509 in the last quarter. 17.20% of the stock is owned by company insiders.

Analyst Ratings Changes

Several brokerages have recently weighed in on ZS. Mizuho upgraded Zscaler from a “neutral” rating to an “outperform” rating and set a $310.00 price target for the company in a research report on Tuesday, December 16th. KeyCorp decreased their price target on Zscaler from $350.00 to $300.00 and set an “overweight” rating on the stock in a research report on Monday, January 12th. BTIG Research reaffirmed a “buy” rating and set a $365.00 price objective on shares of Zscaler in a research note on Wednesday, November 26th. Rosenblatt Securities reiterated a “buy” rating and issued a $365.00 target price on shares of Zscaler in a research note on Wednesday, November 26th. Finally, Capital One Financial set a $320.00 price target 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 assigned a Sell rating to the company. According to MarketBeat, Zscaler currently has an average rating of “Moderate Buy” and an average target price of $317.63.

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.