Janus Henderson Group PLC Acquires 173,268 Shares of Zscaler, Inc. $ZS

Janus Henderson Group PLC boosted its stake in shares of Zscaler, Inc. (NASDAQ:ZS) by 47.0% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 541,671 shares of the company’s stock after buying an additional 173,268 shares during the quarter. Janus Henderson Group PLC’s holdings in Zscaler were worth $76,005,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of ZS. Centaurus Financial Inc. grew its stake in shares of Zscaler by 7.2% during the 1st quarter. Centaurus Financial Inc. now owns 3,384 shares of the company’s stock worth $475,000 after acquiring an additional 226 shares during the period. Arkadios Wealth Advisors purchased a new position in Zscaler during the first quarter valued at approximately $319,000. Sunbelt Securities Inc. increased its holdings in shares of Zscaler by 45.1% in the first quarter. Sunbelt Securities Inc. now owns 5,447 shares of the company’s stock worth $764,000 after purchasing an additional 1,692 shares during the period. Amundi increased its stake in Zscaler by 49.0% in the 1st quarter. Amundi now owns 1,008,274 shares of the company’s stock worth $141,451,000 after acquiring an additional 331,429 shares during the last quarter. Finally, Quantinno Capital Management LP increased its position in shares of Zscaler by 53.0% in the first quarter. Quantinno Capital Management LP now owns 50,248 shares of the company’s stock worth $7,049,000 after purchasing an additional 17,400 shares during the last quarter. 46.45% of the stock is owned by institutional investors.

Zscaler Stock Performance

Shares of ZS opened at $151.20 on Friday. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.72. Zscaler, Inc. has a 12 month low of $114.63 and a 12 month high of $336.99. The company has a market cap of $24.45 billion, a price-to-earnings ratio of -314.99, a P/E/G ratio of 86.65 and a beta of 0.96. The business’s fifty day simple moving average is $140.55 and its two-hundred day simple moving average is $154.33.

Zscaler (NASDAQ:ZS) last released its quarterly earnings data on Tuesday, May 26th. The company reported $1.08 EPS for the quarter, topping the consensus estimate of $1.01 by $0.07. Zscaler had a negative return on equity of 0.37% and a negative net margin of 2.44%.The company had revenue of $850.48 million during the quarter, compared to the consensus estimate of $835.14 million. During the same period last year, the company earned $0.84 EPS. Zscaler’s revenue for the quarter was up 25.4% on a year-over-year basis. Zscaler has set its Q4 2026 guidance at 1.080-1.090 EPS and its FY 2026 guidance at 4.100-4.110 EPS. Research analysts anticipate that Zscaler, Inc. will post 0.12 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. Piper Sandler lowered their price target on Zscaler from $185.00 to $160.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 27th. The Goldman Sachs Group reiterated a “neutral” rating and set a $179.00 price target on shares of Zscaler in a report on Wednesday, May 27th. Truist Financial set a $210.00 price objective on Zscaler in a report on Wednesday, May 27th. Wells Fargo & Company dropped their target price on shares of Zscaler from $210.00 to $180.00 and set an “overweight” rating for the company in a research report on Thursday, May 28th. Finally, Morgan Stanley lowered their target price on Zscaler from $155.00 to $145.00 and set an “equal weight” rating for the company in a research note on Wednesday, May 27th. Thirty-four equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Zscaler currently has an average rating of “Moderate Buy” and an average target price of $214.21.

Insider Transactions at Zscaler

In other news, CFO Kevin Rubin sold 503 shares of the company’s stock in a transaction on Monday, July 27th. The stock was sold at an average price of $147.12, for a total value of $74,001.36. Following the completion of the sale, the chief financial officer directly owned 41,398 shares in the company, valued at $6,090,473.76. This represents a 1.20% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Robert Schlossman sold 3,146 shares of the company’s stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $126.43, for a total value of $397,748.78. Following the completion of the sale, the insider owned 69,366 shares of the company’s stock, valued at approximately $8,769,943.38. The trade was a 4.34% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders have sold 16,269 shares of company stock valued at $2,052,589. 17.20% of the stock is owned by company insiders.

Zscaler Profile

Zscaler is a cloud security company that delivers a cloud-native platform to protect users, applications and data as organizations move away from traditional, network-centric security architectures. The company focuses on a zero trust approach that assumes no implicit trust for users or devices, providing secure access to the internet, SaaS applications and private applications regardless of where users are located. Zscaler positions its services as an alternative to legacy appliances and site-centric VPNs, aiming to simplify security while enabling modern, distributed workforces.

Key offerings are built around the Zscaler Zero Trust Exchange, a multi-tenant cloud platform that enforces security and access policies in-line.