Zscaler, Inc. $ZS Shares Sold by Krilogy Financial LLC

Krilogy Financial LLC lessened its stake in Zscaler, Inc. (NASDAQ:ZS) by 52.2% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 5,267 shares of the company’s stock after selling 5,748 shares during the quarter. Krilogy Financial LLC’s holdings in Zscaler were worth $708,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in ZS. Goldstream Capital Management Ltd increased its stake in shares of Zscaler by 0.3% during the third quarter. Goldstream Capital Management Ltd now owns 12,450 shares of the company’s stock worth $3,731,000 after buying an additional 34 shares during the period. Kentucky Retirement Systems Insurance Trust Fund grew its holdings in Zscaler by 1.4% during the 3rd quarter. Kentucky Retirement Systems Insurance Trust Fund now owns 2,569 shares of the company’s stock worth $770,000 after acquiring an additional 36 shares in the last quarter. Advisor OS LLC increased its position in shares of Zscaler by 4.6% in the 3rd quarter. Advisor OS LLC now owns 879 shares of the company’s stock valued at $263,000 after purchasing an additional 39 shares during the last quarter. Parallel Advisors LLC increased its position in shares of Zscaler by 10.9% in the 3rd quarter. Parallel Advisors LLC now owns 397 shares of the company’s stock valued at $119,000 after purchasing an additional 39 shares during the last quarter. Finally, Smartleaf Asset Management LLC raised its holdings in shares of Zscaler by 7.5% in the 2nd quarter. Smartleaf Asset Management LLC now owns 648 shares of the company’s stock valued at $204,000 after purchasing an additional 45 shares in the last quarter. 46.45% of the stock is owned by institutional investors and hedge funds.

Zscaler Trading Up 6.8%

Shares of Zscaler stock opened at $132.26 on Friday. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.72. The company has a fifty day simple moving average of $141.59 and a 200-day simple moving average of $168.93. The stock has a market cap of $21.39 billion, a price-to-earnings ratio of -275.54, a PEG ratio of 77.40 and a beta of 0.97. Zscaler, Inc. has a 12-month low of $114.63 and a 12-month high of $336.99.

Zscaler (NASDAQ:ZS) last announced its quarterly earnings results on Tuesday, May 26th. The company reported $1.08 EPS for the quarter, topping the consensus estimate of $1.01 by $0.07. Zscaler had a negative net margin of 2.44% and a negative return on equity of 0.37%. The firm had revenue of $850.48 million for the quarter, compared to analyst estimates of $835.14 million. During the same period last year, the business earned $0.84 EPS. Zscaler’s revenue for the quarter was up 25.4% compared to the same quarter last year. 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, equities analysts forecast that Zscaler, Inc. will post 0.11 EPS for the current fiscal year.

Analyst Ratings Changes

Several research firms have recently issued reports on ZS. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $225.00 price objective on shares of Zscaler in a research report on Wednesday, June 10th. Rosenblatt Securities reissued a “buy” rating and issued a $200.00 target price on shares of Zscaler in a report on Wednesday, June 10th. Weiss Ratings restated a “sell (e+)” rating on shares of Zscaler in a research note on Tuesday, June 9th. Piper Sandler decreased their price target on Zscaler from $185.00 to $160.00 and set a “neutral” rating for the company in a report on Wednesday, May 27th. Finally, Citizens Jmp lowered their price objective on Zscaler from $290.00 to $210.00 and set a “market outperform” rating for the company in a research report on Friday, May 1st. Thirty-four investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Zscaler has an average rating of “Moderate Buy” and a consensus price target of $213.97.

Key Headlines Impacting Zscaler

Here are the key news stories impacting Zscaler this week:

• Positive Sentiment: Zscaler announced a multi-year partnership with Aston Martin Aramco Formula One Team, which will use Zscaler’s Zero Trust Exchange platform to secure sensitive design, strategy, and race data. Article Title
• Positive Sentiment: Zscaler CEO Jay Chaudhry highlighted AI as a major cybersecurity opportunity, reinforcing the company’s positioning in a fast-growing market. Article Title
• Positive Sentiment: Another report said AI could create the biggest cybersecurity opportunity in years, which supports the investment case for Zscaler’s AI-era security platform. Article Title
• Neutral Sentiment: Market commentary noted Zscaler had only a modest post-earnings move, suggesting traders are still assessing the company’s near-term outlook. Article Title
• Neutral Sentiment: Pomerantz LLP said it is investigating claims on behalf of Zscaler investors, which may add headline risk but does not by itself confirm wrongdoing. Article Title
• Negative Sentiment: Zscaler CFO Kevin Rubin sold 3,000 shares under a pre-arranged trading plan, which can still weigh on sentiment even though the sale was routine. Article Title

Insider Transactions at Zscaler

In related news, insider Robert Schlossman sold 3,146 shares of the company’s stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $126.43, for a total value of $397,748.78. Following the completion of the sale, the insider directly owned 69,366 shares of the company’s stock, valued at $8,769,943.38. This represents a 4.34% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Jagtar Singh Chaudhry sold 2,878 shares of the firm’s stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $126.43, for a total value of $363,865.54. Following the transaction, the chief executive officer owned 343,038 shares in the company, valued at $43,370,294.34. This represents a 0.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 15,644 shares of company stock worth $1,960,287 over the last three months. 17.20% of the stock is currently owned by company insiders.

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.