REAP Financial Group LLC Grows Stake in Zscaler, Inc. $ZS

REAP Financial Group LLC grew its holdings in Zscaler, Inc. (NASDAQ:ZS) by 156.9% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 167 shares of the company’s stock after acquiring an additional 102 shares during the quarter. REAP Financial Group LLC’s holdings in Zscaler were worth $52,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in ZS. Wedmont Private Capital purchased a new position in shares of Zscaler in the 1st quarter valued at about $418,000. Farther Finance Advisors LLC increased its holdings in shares of Zscaler by 161.0% in the 1st quarter. Farther Finance Advisors LLC now owns 890 shares of the company’s stock valued at $179,000 after acquiring an additional 549 shares during the last quarter. GAMMA Investing LLC increased its holdings in shares of Zscaler by 43.1% in the 1st quarter. GAMMA Investing LLC now owns 641 shares of the company’s stock valued at $127,000 after acquiring an additional 193 shares during the last quarter. SG Americas Securities LLC increased its holdings in shares of Zscaler by 324.0% in the 1st quarter. SG Americas Securities LLC now owns 53,902 shares of the company’s stock valued at $10,695,000 after acquiring an additional 41,190 shares during the last quarter. Finally, Assenagon Asset Management S.A. increased its holdings in shares of Zscaler by 148.7% in the 1st quarter. Assenagon Asset Management S.A. now owns 474,431 shares of the company’s stock valued at $94,137,000 after acquiring an additional 283,637 shares during the last quarter. Hedge funds and other institutional investors own 46.45% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently commented on ZS. Canaccord Genuity Group increased their price objective on Zscaler from $320.00 to $340.00 and gave the company a “buy” rating in a report on Thursday, September 4th. Barclays upped their target price on Zscaler from $300.00 to $320.00 and gave the company an “overweight” rating in a research report on Wednesday, September 3rd. BTIG Research reissued a “buy” rating on shares of Zscaler in a research report on Thursday, July 10th. UBS Group decreased their target price on Zscaler from $365.00 to $350.00 and set a “buy” rating for the company in a research report on Wednesday, September 3rd. Finally, Scotiabank decreased their target price 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. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Zscaler presently has an average rating of “Moderate Buy” and an average target price of $307.43.

Insiders Place Their Bets

In other news, EVP Raj Judge sold 4,524 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 $1,269,886.80. Following the completion of the transaction, the executive vice president directly owned 73,832 shares of the company’s stock, valued at approximately $20,724,642.40. This represents a 5.77% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, 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 value of $804,205.50. Following the transaction, the chief executive officer directly owned 350,700 shares of the company’s stock, valued at approximately $98,441,490. This trade represents a 0.81% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 39,884 shares of company stock valued at $11,406,825. Corporate insiders own 18.10% of the company’s stock.

Zscaler Stock Up 7.2%

Zscaler stock opened at $313.89 on Thursday. Zscaler, Inc. has a twelve month low of $164.78 and a twelve month high of $318.46. The stock has a 50 day moving average of $283.08 and a two-hundred day moving average of $265.62. 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 stock has a market capitalization of $49.69 billion, a price-to-earnings ratio of -1,162.56 and a beta of 1.06.

Zscaler (NASDAQ:ZS) last posted its quarterly earnings data 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. 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 during the quarter, compared to analysts’ expectations of $707.15 million. During the same period last year, the firm earned $0.88 EPS. The firm’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, research analysts expect that Zscaler, Inc. will post -0.1 earnings per share for the current year.

Zscaler 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.