Strs Ohio Invests $1.76 Million in Zscaler, Inc. $ZS

Strs Ohio purchased a new position in shares of Zscaler, Inc. (NASDAQ:ZS) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 5,609 shares of the company’s stock, valued at approximately $1,761,000.

Several other large investors also recently made changes to their positions in ZS. Amalgamated Bank lifted its position in shares of Zscaler by 9.7% during the 1st quarter. Amalgamated Bank now owns 6,718 shares of the company’s stock worth $1,333,000 after purchasing an additional 596 shares during the last quarter. Teacher Retirement System of Texas acquired a new position in shares of Zscaler during the 1st quarter worth about $2,893,000. Wayfinding Financial LLC acquired a new position in shares of Zscaler during the 1st quarter worth about $39,000. Raleigh Capital Management Inc. lifted its position in shares of Zscaler by 553.6% during the 1st quarter. Raleigh Capital Management Inc. now owns 183 shares of the company’s stock worth $36,000 after purchasing an additional 155 shares during the last quarter. Finally, China Universal Asset Management Co. Ltd. lifted its position in shares of Zscaler by 51.8% during the 1st quarter. China Universal Asset Management Co. Ltd. now owns 3,790 shares of the company’s stock worth $752,000 after purchasing an additional 1,293 shares during the last quarter. Institutional investors own 46.45% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently weighed in on ZS shares. Scotiabank cut their price objective on Zscaler from $360.00 to $334.00 and set a “sector outperform” rating for the company in a research report on Wednesday, September 3rd. B. Riley started coverage on Zscaler in a research report on Tuesday, August 26th. They set a “neutral” rating and a $275.00 price objective for the company. Rosenblatt Securities boosted their price objective on Zscaler from $315.00 to $330.00 and gave the stock a “buy” rating in a research report on Wednesday, September 3rd. KeyCorp boosted their price objective on Zscaler from $345.00 to $350.00 and gave the stock an “overweight” rating in a research report on Wednesday, September 3rd. Finally, Stifel Nicolaus upped their price target on Zscaler from $295.00 to $330.00 and gave the company a “buy” rating in a report on Wednesday, September 3rd. One analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $310.14.

Insider Buying and Selling

In related news, CEO Jagtar Singh Chaudhry sold 2,865 shares of the 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 $804,205.50. Following the sale, the chief executive officer directly owned 350,700 shares in the company, valued at $98,441,490. This represents a 0.81% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Robert Schlossman sold 3,200 shares of the stock in a transaction that occurred on Friday, October 24th. The stock was sold at an average price of $325.00, for a total value of $1,040,000.00. Following the sale, the insider owned 80,086 shares in the company, valued at approximately $26,027,950. This trade represents a 3.84% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 43,084 shares of company stock valued at $12,446,825. 18.10% of the stock is currently owned by company insiders.

Zscaler Trading Down 2.4%

ZS stock opened at $328.30 on Wednesday. Zscaler, Inc. has a 1-year low of $164.78 and a 1-year high of $336.99. The firm has a market cap of $51.97 billion, a P/E ratio of -1,215.93 and a beta of 1.06. The business’s 50 day moving average is $298.29 and its 200-day moving average is $282.74. 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 released its quarterly earnings data on Tuesday, September 2nd. The company reported $0.89 earnings per share for the quarter, beating the consensus estimate 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 analyst estimates of $707.15 million. During the same period in the prior year, the company posted $0.88 EPS. The company’s revenue 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. Equities analysts anticipate 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.