Rokos Capital Management LLP trimmed its position in Zscaler, Inc. (NASDAQ:ZS – Free Report) by 49.8% during the second quarter, Holdings Channel.com reports. The firm owned 143,617 shares of the company’s stock after selling 142,357 shares during the period. Rokos Capital Management LLP’s holdings in Zscaler were worth $45,112,000 as of its most recent SEC filing.
Other institutional investors have also modified their holdings of the company. Quaker Wealth Management LLC increased its holdings in Zscaler by 200.0% in the second quarter. Quaker Wealth Management LLC now owns 97 shares of the company’s stock valued at $30,000 after buying an additional 194 shares during the last quarter. Exane Asset Management increased its holdings 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 acquiring an additional 65 shares during the last quarter. Kozak & Associates Inc. acquired a new stake in shares of Zscaler during the 2nd quarter worth about $35,000. SVB Wealth LLC acquired a new stake in shares of Zscaler during the 1st quarter worth about $26,000. Finally, Ameritas Advisory Services LLC purchased a new stake in Zscaler during the second quarter worth approximately $41,000. 46.45% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
ZS has been the topic of a number of research analyst reports. Barclays raised their price objective on shares of Zscaler from $320.00 to $350.00 and gave the stock an “overweight” rating in a report on Wednesday, November 12th. Rosenblatt Securities reiterated a “buy” rating and set a $365.00 price target on shares of Zscaler in a research note on Wednesday, November 26th. Stifel Nicolaus decreased their price objective on shares of Zscaler from $330.00 to $320.00 and set a “buy” rating for the company in a research note on Wednesday, November 26th. Berenberg Bank dropped their price objective on Zscaler from $400.00 to $390.00 and set a “buy” rating on the stock in a report on Friday, November 28th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Zscaler in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $321.87.
Insider Activity
In other news, insider Adam Geller sold 11,193 shares of the business’s stock in a transaction dated Tuesday, September 16th. The shares were sold at an average price of $280.70, for a total transaction of $3,141,875.10. Following the transaction, the insider directly owned 53,942 shares in the company, valued at $15,141,519.40. The trade was a 17.18% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Robert Schlossman sold 7,006 shares of the stock in a transaction dated 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 transaction, the insider directly owned 76,132 shares of the company’s stock, valued at $23,263,655.24. This represents a 8.43% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 43,084 shares of company stock worth $12,446,825 in the last 90 days. Corporate insiders own 17.20% of the company’s stock.
Zscaler Stock Up 0.1%
Zscaler stock opened at $243.29 on Thursday. The stock has a 50 day moving average of $295.56 and a two-hundred day moving average of $290.92. Zscaler, Inc. has a twelve month low of $164.78 and a twelve month high of $336.99. The stock has a market capitalization of $38.80 billion, a price-to-earnings ratio of -935.69 and a beta of 1.07. The company has a current ratio of 1.82, a quick ratio of 1.82 and a debt-to-equity ratio of 0.86.
Zscaler (NASDAQ:ZS – Get Free Report) last released its earnings results on Tuesday, November 25th. The company reported $0.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.85 by $0.11. Zscaler had a negative return on equity of 0.12% and a negative net margin of 1.45%.The business had revenue of $788.11 million for the quarter, compared to analyst estimates of $773.86 million. During the same quarter in the previous year, the company posted $0.77 earnings per share. The company’s revenue for the quarter was up 25.5% compared to the same quarter last year. Zscaler has set its FY 2026 guidance at 3.780-3.820 EPS and its Q2 2026 guidance at 0.890-0.900 EPS. As a group, research analysts expect that Zscaler, Inc. will post -0.1 earnings per share for the current year.
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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