Sonora Investment Management Group LLC Invests $363,000 in Zscaler, Inc. $ZS

Sonora Investment Management Group LLC purchased a new position in Zscaler, Inc. (NASDAQ:ZS) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 1,155 shares of the company’s stock, valued at approximately $363,000.

Other institutional investors also recently modified their holdings of the company. Kozak & Associates Inc. bought a new position in shares of Zscaler in the 2nd quarter worth about $35,000. ORG Partners LLC increased its stake in shares of Zscaler by 284.8% in the 1st quarter. ORG Partners LLC now owns 127 shares of the company’s stock worth $26,000 after acquiring an additional 94 shares in the last quarter. SVB Wealth LLC bought a new position in shares of Zscaler in the 1st quarter worth about $26,000. Goodman Advisory Group LLC bought a new position in shares of Zscaler in the 1st quarter worth about $29,000. Finally, N.E.W. Advisory Services LLC bought a new position in shares of Zscaler in the 1st quarter worth about $29,000. 46.45% of the stock is currently owned by institutional investors.

Zscaler Stock Performance

Shares of ZS stock opened at $294.65 on Monday. The company has a 50 day moving average price of $280.46 and a 200-day moving average price of $260.87. Zscaler, Inc. has a 52 week low of $164.78 and a 52 week high of $318.46. The firm has a market capitalization of $46.64 billion, a PE ratio of -1,091.30 and a beta of 1.05. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.95.

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

Analyst Ratings Changes

Several brokerages recently issued reports on ZS. BTIG Research reiterated a “buy” rating on shares of Zscaler in a research note on Thursday, July 10th. JMP Securities reaffirmed a “market outperform” rating and issued a $355.00 target price on shares of Zscaler in a report on Wednesday, September 3rd. JPMorgan Chase & Co. lifted their target price on shares of Zscaler from $348.00 to $351.00 and gave the stock an “overweight” rating in a report on Wednesday, September 3rd. Bank of America lifted their target price on shares of Zscaler from $285.00 to $340.00 and gave the stock a “buy” rating in a report on Monday, June 9th. Finally, Susquehanna lifted their target price on shares of Zscaler from $320.00 to $340.00 and gave the stock a “positive” rating in a report on Wednesday, September 3rd. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Zscaler has an average rating of “Moderate Buy” and an average price target of $307.00.

Insider Activity at Zscaler

In related news, insider Adam Geller sold 10,464 shares of the business’s stock in a transaction that occurred on Wednesday, September 17th. The shares were sold at an average price of $284.25, for a total transaction of $2,974,392.00. Following the completion of the sale, the insider directly owned 43,478 shares in the company, valued at approximately $12,358,621.50. The trade was a 19.40% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Robert Schlossman sold 3,832 shares of the business’s stock in a transaction that occurred on Tuesday, September 16th. The shares were sold at an average price of $280.70, for a total transaction of $1,075,642.40. Following the sale, the insider owned 83,138 shares of the company’s stock, valued at $23,336,836.60. This trade represents a 4.41% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 32,878 shares of company stock valued at $9,266,002. 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.