Stonebridge Financial Group LLC Increases Position in Zscaler, Inc. $ZS

Stonebridge Financial Group LLC raised its position in Zscaler, Inc. (NASDAQ:ZS) by 19,200.0% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 772 shares of the company’s stock after purchasing an additional 768 shares during the period. Stonebridge Financial Group LLC’s holdings in Zscaler were worth $242,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. ORG Partners LLC increased its position in shares of Zscaler by 284.8% in the 1st quarter. ORG Partners LLC now owns 127 shares of the company’s stock valued at $26,000 after purchasing an additional 94 shares during the last quarter. SVB Wealth LLC purchased a new position in shares of Zscaler in the 1st quarter valued at $26,000. Goodman Advisory Group LLC purchased a new position in shares of Zscaler in the 1st quarter valued at $29,000. N.E.W. Advisory Services LLC purchased a new position in shares of Zscaler in the 1st quarter valued at $29,000. Finally, CVA Family Office LLC grew its position in shares of Zscaler by 120.3% in the 1st quarter. CVA Family Office LLC now owns 152 shares of the company’s stock valued at $30,000 after buying an additional 83 shares during the last quarter. 46.45% of the stock is owned by hedge funds and other institutional investors.

Zscaler Stock Down 1.7%

Shares of NASDAQ:ZS opened at $309.88 on Friday. The stock has a market cap of $49.05 billion, a P/E ratio of -1,147.70 and a beta of 1.06. The firm has a fifty day moving average price of $284.27 and a 200 day moving average price of $267.00. The company has a debt-to-equity ratio of 0.95, a current ratio of 2.01 and a quick ratio of 2.01. Zscaler, Inc. has a 1-year low of $164.78 and a 1-year high of $319.89.

Zscaler (NASDAQ:ZS) last released its earnings results on Tuesday, September 2nd. The company reported $0.89 EPS for the quarter, topping the consensus estimate 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 company had revenue of $719.23 million during the quarter, compared to analysts’ expectations of $707.15 million. During the same quarter last year, the business earned $0.88 EPS. The business’s revenue 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. Sell-side analysts predict that Zscaler, Inc. will post -0.1 EPS for the current year.

Analysts Set New Price Targets

A number of research analysts recently commented on the stock. UBS Group dropped their target price on shares of Zscaler from $365.00 to $350.00 and set a “buy” rating on the stock in a research report on Wednesday, September 3rd. Royal Bank Of Canada increased their target price on shares of Zscaler from $335.00 to $350.00 and gave the company an “outperform” rating in a research report on Thursday, October 2nd. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Zscaler in a research report on Wednesday. Wells Fargo & Company raised shares of Zscaler from an “equal weight” rating to an “overweight” rating and increased their target price for the company from $260.00 to $385.00 in a research report on Friday, June 13th. Finally, Barclays increased their target price on shares of Zscaler from $300.00 to $320.00 and gave the company an “overweight” rating in a research report on Wednesday, September 3rd. One analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $307.43.

Insider Activity

In other news, insider Robert Schlossman sold 7,006 shares of the firm’s stock in a transaction on Thursday, October 2nd. The shares were sold at an average price of $305.57, for a total value of $2,140,823.42. Following the completion of the sale, the insider owned 76,132 shares in the company, valued at approximately $23,263,655.24. This trade represents a 8.43% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Raj Judge sold 4,524 shares of the firm’s stock in a transaction 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 sale, the executive vice president owned 73,832 shares of the company’s stock, valued at $20,724,642.40. This trade represents a 5.77% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 39,884 shares of company stock worth $11,406,825 over the last quarter. Insiders own 18.10% of the company’s stock.

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.