Private Trust Co. NA Purchases 218 Shares of Zscaler, Inc. $ZS

Private Trust Co. NA lifted its position in shares of Zscaler, Inc. (NASDAQ:ZS) by 419.2% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 270 shares of the company’s stock after buying an additional 218 shares during the quarter. Private Trust Co. NA’s holdings in Zscaler were worth $85,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. T. Rowe Price Investment Management Inc. purchased a new position in shares of Zscaler in the first quarter worth $516,622,000. Nuveen LLC purchased a new stake in Zscaler in the 1st quarter worth $153,340,000. 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 purchasing an additional 578,883 shares during the last quarter. Woodline Partners LP purchased a new position in shares of Zscaler during the first quarter valued at about $70,340,000. Finally, Vanguard Group Inc. grew its position in shares of Zscaler by 3.1% during the first quarter. Vanguard Group Inc. now owns 9,890,506 shares of the company’s stock valued at $1,962,474,000 after purchasing an additional 294,034 shares in the last quarter. Institutional investors own 46.45% of the company’s stock.

Zscaler Stock Performance

Shares of Zscaler stock opened at $307.92 on Thursday. Zscaler, Inc. has a 12 month low of $164.78 and a 12 month high of $319.89. The stock’s fifty day moving average price is $288.61 and its 200-day moving average price is $272.79. The firm has a market cap of $48.74 billion, a P/E ratio of -1,140.44 and a beta of 1.06. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.95.

Zscaler (NASDAQ:ZS) last issued its earnings results on Tuesday, September 2nd. The company reported $0.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.80 by $0.09. The company had revenue of $719.23 million for the quarter, compared to analysts’ expectations of $707.15 million. Zscaler had a negative net margin of 1.55% and a negative return on equity of 0.47%. The firm’s quarterly revenue was up 21.3% on a year-over-year basis. During the same period in the prior year, the business earned $0.88 EPS. Zscaler has set its FY 2026 guidance at 3.640-3.680 EPS. Q1 2026 guidance at 0.850-0.860 EPS. On average, equities research analysts expect that Zscaler, Inc. will post -0.1 earnings per share for the current fiscal year.

Analysts Set New Price Targets

ZS has been the subject of a number of recent research reports. JMP Securities reissued a “market outperform” rating and issued a $355.00 target price on shares of Zscaler in a report on Wednesday, September 3rd. Cantor Fitzgerald restated an “overweight” rating and issued a $340.00 target price on shares of Zscaler in a report on Wednesday, September 3rd. Susquehanna increased their price target on shares of Zscaler from $320.00 to $340.00 and gave the company a “positive” rating in a report on Wednesday, September 3rd. Rosenblatt Securities boosted their price objective on Zscaler from $315.00 to $330.00 and gave the stock a “buy” rating in a research note on Wednesday, September 3rd. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Zscaler in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $307.86.

Insider Buying and Selling at Zscaler

In related news, insider Robert Schlossman sold 7,006 shares of Zscaler stock in a transaction that occurred on Thursday, October 2nd. The shares were sold at an average price of $305.57, for a total transaction of $2,140,823.42. Following the transaction, the insider directly owned 76,132 shares of the company’s stock, valued at $23,263,655.24. This trade represents a 8.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP Raj Judge sold 4,524 shares of the business’s stock in a transaction that occurred on Tuesday, September 16th. The stock was sold at an average price of $280.70, for a total transaction of $1,269,886.80. Following the completion of the transaction, the executive vice president directly owned 73,832 shares of the company’s stock, valued at $20,724,642.40. This trade represents a 5.77% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 39,884 shares of company stock valued at $11,406,825 in the last ninety days. Company insiders own 18.10% of the company’s stock.

Zscaler Company 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.