Stratos Wealth Partners LTD. Boosts Holdings in Zscaler, Inc. $ZS

Stratos Wealth Partners LTD. boosted its stake in shares of Zscaler, Inc. (NASDAQ:ZS) by 7.2% during the 2nd quarter, Holdings Channel.com reports. The firm owned 2,456 shares of the company’s stock after purchasing an additional 165 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in Zscaler were worth $771,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also modified their holdings of the company. SVB Wealth LLC acquired a new stake in Zscaler during the first quarter worth about $26,000. Goodman Advisory Group LLC acquired a new position in Zscaler in the first quarter valued at approximately $29,000. N.E.W. Advisory Services LLC purchased a new stake in Zscaler in the 1st quarter worth approximately $29,000. Exane Asset Management grew its stake in shares of Zscaler by 185.7% during the 2nd quarter. Exane Asset Management now owns 100 shares of the company’s stock worth $31,000 after purchasing an additional 65 shares during the period. Finally, Whittier Trust Co. purchased a new position in shares of Zscaler during the 1st quarter valued at approximately $33,000. Institutional investors and hedge funds own 46.45% of the company’s stock.

Insider Buying and Selling

In related news, insider Robert Schlossman sold 7,006 shares of the stock in a transaction that occurred on Thursday, October 2nd. The stock was sold at an average price of $305.57, for a total value of $2,140,823.42. Following the completion of the sale, the insider owned 76,132 shares of the company’s stock, valued at approximately $23,263,655.24. This trade represents a 8.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Raj Judge sold 4,524 shares of the business’s stock in a transaction on Tuesday, September 16th. The stock was sold at an average price of $280.70, for a total value of $1,269,886.80. Following the transaction, the executive vice president directly owned 73,832 shares in the company, 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 sold a total of 39,884 shares of company stock worth $11,406,825 in the last three months. Company insiders own 18.10% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on ZS shares. Piper Sandler increased their price target on shares of Zscaler from $260.00 to $280.00 and gave the stock a “neutral” rating in a report on Wednesday, September 3rd. UBS Group cut their price target on Zscaler from $365.00 to $350.00 and set a “buy” rating for the company in a research note on Wednesday, September 3rd. JPMorgan Chase & Co. increased their price target on Zscaler from $348.00 to $351.00 and gave the stock an “overweight” rating in a research report on Wednesday, September 3rd. Evercore ISI boosted their price objective on Zscaler from $290.00 to $320.00 and gave the company an “outperform” rating in a research report on Wednesday, September 3rd. Finally, Stifel Nicolaus increased their target price on Zscaler from $295.00 to $330.00 and gave the company a “buy” rating in a research report on Wednesday, September 3rd. One analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $307.86.

Zscaler Price Performance

Shares of NASDAQ ZS opened at $307.92 on Thursday. The firm has a 50-day simple moving average of $288.61 and a 200-day simple moving average of $272.79. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.95. The stock has a market capitalization of $48.74 billion, a price-to-earnings ratio of -1,140.44 and a beta of 1.06. Zscaler, Inc. has a 52 week low of $164.78 and a 52 week high of $319.89.

Zscaler (NASDAQ:ZS) last posted its quarterly earnings results on Tuesday, September 2nd. The company reported $0.89 earnings per share for the quarter, topping analysts’ consensus estimates of $0.80 by $0.09. The firm had revenue of $719.23 million for the quarter, compared to analyst estimates of $707.15 million. Zscaler had a negative net margin of 1.55% and a negative return on equity of 0.47%. Zscaler’s quarterly revenue was up 21.3% on a year-over-year basis. During the same period in the previous year, the business posted $0.88 earnings per share. 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 analysts predict that Zscaler, Inc. will post -0.1 earnings per share for the current fiscal year.

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.