International Assets Investment Management LLC raised its stake in Zscaler, Inc. (NASDAQ:ZS – Free Report) by 49.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,552 shares of the company’s stock after purchasing an additional 511 shares during the quarter. International Assets Investment Management LLC’s holdings in Zscaler were worth $487,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Exane Asset Management grew its stake in shares of Zscaler by 185.7% in the 2nd quarter. Exane Asset Management now owns 100 shares of the company’s stock valued at $31,000 after purchasing an additional 65 shares during the last quarter. Kozak & Associates Inc. acquired a new stake in shares of Zscaler in the 2nd quarter valued at approximately $35,000. ORG Partners LLC lifted its holdings 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 buying an additional 94 shares during the period. SVB Wealth LLC acquired a new stake in shares of Zscaler in the 1st quarter valued at approximately $26,000. Finally, Ameritas Advisory Services LLC acquired a new stake in shares of Zscaler in the 2nd quarter valued at approximately $41,000. 46.45% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
Several analysts have recently commented on ZS shares. Piper Sandler raised their price target on Zscaler from $260.00 to $280.00 and gave the company a “neutral” rating in a report on Wednesday, September 3rd. Robert W. Baird raised their price target on Zscaler from $330.00 to $345.00 and gave the company an “outperform” rating in a report on Wednesday, September 3rd. JMP Securities reissued a “market outperform” rating and issued a $355.00 price target on shares of Zscaler in a report on Wednesday, September 3rd. Stifel Nicolaus raised their price target on Zscaler from $295.00 to $330.00 and gave the company a “buy” rating in a report on Wednesday, September 3rd. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Zscaler in a report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Zscaler currently has an average rating of “Moderate Buy” and an average price target of $307.86.
Zscaler Stock Performance
Shares of ZS stock opened at $310.37 on Wednesday. The stock has a fifty day moving average price of $288.01 and a 200 day moving average price of $272.54. The stock has a market cap of $49.13 billion, a PE ratio of -1,149.52 and a beta of 1.06. Zscaler, Inc. has a 1 year low of $164.78 and a 1 year high of $319.89. The company has a debt-to-equity ratio of 0.95, a quick ratio of 2.01 and a current ratio of 2.01.
Zscaler (NASDAQ:ZS – Get Free Report) last released its quarterly earnings results on Tuesday, September 2nd. The company reported $0.89 earnings per share for the quarter, topping the consensus estimate of $0.80 by $0.09. The company had revenue of $719.23 million during the quarter, compared to the consensus estimate of $707.15 million. Zscaler had a negative return on equity of 0.47% and a negative net margin of 1.55%.Zscaler’s revenue was up 21.3% compared to the same quarter last year. During the same quarter last year, the business posted $0.88 earnings per share. 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 forecast that Zscaler, Inc. will post -0.1 earnings per share for the current fiscal year.
Insider Buying and Selling
In other Zscaler news, insider Robert Schlossman sold 7,006 shares of the firm’s stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $305.57, for a total transaction of $2,140,823.42. Following the completion of the transaction, the insider owned 76,132 shares of the company’s stock, valued at approximately $23,263,655.24. This trade represents a 8.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 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 value of $1,269,886.80. Following the transaction, the executive vice president directly owned 73,832 shares of the company’s stock, valued at $20,724,642.40. The trade was a 5.77% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 39,884 shares of company stock worth $11,406,825. 18.10% of the stock is currently owned by corporate insiders.
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.
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