OP Asset Management Ltd Buys Shares of 10,443 Zscaler, Inc. $ZS

OP Asset Management Ltd purchased a new stake in shares of Zscaler, Inc. (NASDAQ:ZS) during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 10,443 shares of the company’s stock, valued at approximately $1,465,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Binnacle Investments Inc purchased a new position in Zscaler during the third quarter valued at approximately $25,000. Picton Mahoney Asset Management purchased a new stake in Zscaler in the 3rd quarter worth approximately $30,000. AlphaCentric Advisors LLC purchased a new stake in Zscaler in the 4th quarter worth approximately $29,000. University of Texas Texas AM Investment Management Co. bought a new position in Zscaler in the 4th quarter valued at $30,000. Finally, Mcguire Capital Advisors Inc. bought a new position in Zscaler in the 4th quarter valued at $32,000. 46.45% of the stock is owned by hedge funds and other institutional investors.

Zscaler Stock Performance

NASDAQ:ZS opened at $137.60 on Tuesday. The business has a 50 day moving average of $141.65 and a 200 day moving average of $167.66. The company has a market capitalization of $22.25 billion, a price-to-earnings ratio of -286.66, a PEG ratio of 82.69 and a beta of 0.97. Zscaler, Inc. has a 1-year low of $114.63 and a 1-year high of $336.99. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.86 and a quick ratio of 1.86.

Zscaler (NASDAQ:ZS) last issued its earnings results on Tuesday, May 26th. The company reported $1.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.07. Zscaler had a negative return on equity of 0.37% and a negative net margin of 2.44%.The business had revenue of $850.48 million during the quarter, compared to analyst estimates of $835.14 million. During the same quarter in the prior year, the firm earned $0.84 earnings per share. Zscaler’s revenue for the quarter was up 25.4% on a year-over-year basis. Zscaler has set its Q4 2026 guidance at 1.080-1.090 EPS and its FY 2026 guidance at 4.100-4.110 EPS. On average, sell-side analysts predict that Zscaler, Inc. will post 0.11 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CEO Jagtar Singh Chaudhry sold 2,878 shares of the stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $126.43, for a total transaction of $363,865.54. Following the completion of the sale, the chief executive officer directly owned 343,038 shares in the company, valued at $43,370,294.34. This represents a 0.83% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Adam Geller sold 2,817 shares of the firm’s stock in a transaction that occurred on Monday, June 22nd. The stock was sold at an average price of $122.60, for a total value of $345,364.20. Following the transaction, the insider owned 42,314 shares in the company, valued at approximately $5,187,696.40. The trade was a 6.24% 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 15,644 shares of company stock valued at $1,960,287 over the last three months. 17.20% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of research firms have recently commented on ZS. The Goldman Sachs Group restated a “neutral” rating and set a $179.00 price target on shares of Zscaler in a research report on Wednesday, May 27th. Guggenheim reiterated a “buy” rating and issued a $214.00 price objective on shares of Zscaler in a research report on Wednesday, June 10th. JPMorgan Chase & Co. dropped their price objective on Zscaler from $250.00 to $205.00 and set an “overweight” rating for the company in a research note on Wednesday, May 27th. Cantor Fitzgerald restated an “overweight” rating and set a $225.00 target price on shares of Zscaler in a research report on Wednesday, June 10th. Finally, Wolfe Research restated an “outperform” rating and issued a $150.00 target price on shares of Zscaler in a research note on Thursday, June 11th. Thirty-four analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Zscaler currently has an average rating of “Moderate Buy” and an average price target of $213.97.

Zscaler Company Profile

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.