Zscaler, Inc. $ZS Shares Sold by AG2R LA Mondiale Gestion D Actifs

AG2R LA Mondiale Gestion D Actifs lessened its stake in Zscaler, Inc. (NASDAQ:ZS) by 11.1% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,249 shares of the company’s stock after selling 530 shares during the period. AG2R LA Mondiale Gestion D Actifs’ holdings in Zscaler were worth $1,334,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ZS. GAMMA Investing LLC grew its holdings in shares of Zscaler by 43.1% during the first quarter. GAMMA Investing LLC now owns 641 shares of the company’s stock worth $127,000 after buying an additional 193 shares in the last quarter. Oppenheimer & Co. Inc. boosted its position in Zscaler by 25.5% during the first quarter. Oppenheimer & Co. Inc. now owns 4,214 shares of the company’s stock worth $836,000 after acquiring an additional 856 shares during the last quarter. International Assets Investment Management LLC purchased a new stake in Zscaler in the 1st quarter worth approximately $207,000. Robeco Institutional Asset Management B.V. raised its holdings in Zscaler by 150.8% in the 1st quarter. Robeco Institutional Asset Management B.V. now owns 61,961 shares of the company’s stock valued at $12,294,000 after acquiring an additional 37,254 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of Zscaler by 11.9% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 49,232 shares of the company’s stock worth $10,198,000 after purchasing an additional 5,228 shares during the period. 46.45% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts recently weighed in on ZS shares. Wall Street Zen downgraded Zscaler from a “buy” rating to a “hold” rating in a research report on Saturday, October 18th. JPMorgan Chase & Co. upped their price target on shares of Zscaler from $348.00 to $351.00 and gave the stock an “overweight” rating in a research report on Wednesday, September 3rd. UBS Group cut their price target on shares of Zscaler from $365.00 to $350.00 and set a “buy” rating on the stock in a research note on Wednesday, September 3rd. Robert W. Baird lifted their price target on shares of Zscaler from $330.00 to $345.00 and gave the company an “outperform” rating in a report on Wednesday, September 3rd. Finally, B. Riley began coverage on Zscaler in a report on Tuesday, August 26th. They set a “neutral” rating and a $275.00 price objective for the company. One research 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 issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $307.86.

Insiders Place Their Bets

In other Zscaler news, insider Adam Geller sold 10,464 shares of the company’s stock in a transaction that occurred on Wednesday, September 17th. The stock was sold at an average price of $284.25, for a total value of $2,974,392.00. Following the transaction, the insider directly owned 43,478 shares of the company’s stock, valued at $12,358,621.50. This represents a 19.40% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Robert Schlossman sold 3,200 shares of the firm’s stock in a transaction that occurred on Friday, October 24th. The stock was 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 of the company’s stock, valued at $26,027,950. The trade was a 3.84% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 43,084 shares of company stock valued at $12,446,825 over the last 90 days. 18.10% of the stock is owned by company insiders.

Zscaler Price Performance

ZS opened at $323.00 on Friday. Zscaler, Inc. has a twelve month low of $164.78 and a twelve month high of $327.39. The firm has a market cap of $51.13 billion, a price-to-earnings ratio of -1,196.30 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. The company has a fifty day simple moving average of $290.53 and a 200 day simple moving average of $275.43.

Zscaler (NASDAQ:ZS) last posted 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. The company had revenue of $719.23 million during 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 revenue for the quarter was up 21.3% on a year-over-year basis. During the same period in the prior year, the company posted $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. Equities research analysts expect that Zscaler, Inc. will post -0.1 EPS for the current fiscal year.

About Zscaler

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.