Oak Associates Ltd. OH Buys 3,652 Shares of Zscaler, Inc. $ZS

Oak Associates Ltd. OH lifted its stake in shares of Zscaler, Inc. (NASDAQ:ZS) by 21.0% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 21,072 shares of the company’s stock after buying an additional 3,652 shares during the quarter. Oak Associates Ltd. OH’s holdings in Zscaler were worth $6,615,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in shares of Zscaler by 8.3% during the second quarter. Vanguard Group Inc. now owns 10,715,132 shares of the company’s stock valued at $3,363,909,000 after purchasing an additional 824,626 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of Zscaler by 23.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 3,048,238 shares of the company’s stock valued at $604,831,000 after acquiring an additional 578,883 shares during the last quarter. T. Rowe Price Investment Management Inc. purchased a new stake in Zscaler in the first quarter worth approximately $516,622,000. Geode Capital Management LLC grew its holdings in shares of Zscaler by 6.0% in the second quarter. Geode Capital Management LLC now owns 1,866,329 shares of the company’s stock worth $584,160,000 after acquiring an additional 105,318 shares during the period. Finally, AQR Capital Management LLC grew its stake in shares of Zscaler by 23.6% during the 1st quarter. AQR Capital Management LLC now owns 1,191,930 shares of the company’s stock valued at $234,715,000 after purchasing an additional 227,899 shares during the period. Institutional investors own 46.45% of the company’s stock.

Insiders Place Their Bets

In other Zscaler news, EVP Raj Judge sold 4,524 shares of the business’s stock in a transaction that occurred on 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 sale, the executive vice president owned 73,832 shares of the company’s stock, valued at approximately $20,724,642.40. The trade was a 5.77% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Robert Schlossman sold 3,200 shares of the business’s stock in a transaction on Friday, October 24th. The shares were sold at an average price of $325.00, for a total transaction of $1,040,000.00. Following the sale, the insider directly owned 80,086 shares in the company, valued at $26,027,950. This trade represents a 3.84% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 43,084 shares of company stock worth $12,446,825. 18.10% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the company. Morgan Stanley upped their price objective on Zscaler from $320.00 to $335.00 and gave the stock an “overweight” rating in a research note on Thursday, November 13th. Zacks Research raised shares of Zscaler from a “strong sell” rating to a “hold” rating in a report on Thursday, October 2nd. Wedbush increased their price target on Zscaler from $330.00 to $350.00 and gave the company an “outperform” rating in a research note on Monday, November 10th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Zscaler in a research report on Wednesday, October 8th. Finally, Mizuho lifted their target price on Zscaler from $310.00 to $325.00 and gave the stock a “neutral” rating in a report on Monday, November 17th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $316.65.

Zscaler Stock Performance

Shares of ZS stock opened at $280.35 on Tuesday. The firm has a market cap of $44.38 billion, a price-to-earnings ratio of -1,038.33 and a beta of 1.06. 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, Inc. has a 52-week low of $164.78 and a 52-week high of $336.99. The company’s 50 day moving average is $305.66 and its 200 day moving average is $291.08.

Zscaler (NASDAQ:ZS) last issued its quarterly earnings data on Tuesday, September 2nd. The company reported $0.89 earnings per share for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $707.15 million. During the same quarter last year, the company earned $0.88 earnings per share. 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. On average, sell-side analysts anticipate that Zscaler, Inc. will post -0.1 EPS for the current fiscal year.

Zscaler 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.