Stratos Wealth Partners LTD. Purchases 165 Shares of Zscaler, Inc. $ZS

Stratos Wealth Partners LTD. lifted its position in shares of Zscaler, Inc. (NASDAQ:ZS) by 7.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,456 shares of the company’s stock after buying an additional 165 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in Zscaler were worth $771,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. SVB Wealth LLC purchased a new stake in Zscaler in the first quarter worth about $26,000. Goodman Advisory Group LLC purchased a new stake in shares of Zscaler in the 1st quarter worth approximately $29,000. N.E.W. Advisory Services LLC bought a new position in shares of Zscaler during the first quarter valued at approximately $29,000. Exane Asset Management increased its holdings in Zscaler by 185.7% during the second quarter. Exane Asset Management now owns 100 shares of the company’s stock valued at $31,000 after buying an additional 65 shares during the period. Finally, Whittier Trust Co. purchased a new position in Zscaler during the first quarter valued at approximately $33,000. 46.45% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several brokerages have issued reports on ZS. B. Riley began coverage on Zscaler in a research report on Tuesday, August 26th. They set a “neutral” rating and a $275.00 target price on the stock. JPMorgan Chase & Co. raised their price objective on Zscaler from $348.00 to $351.00 and gave the company an “overweight” rating in a research report on Wednesday, September 3rd. BTIG Research reiterated a “buy” rating on shares of Zscaler in a research note on Thursday, July 10th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Zscaler in a report on Wednesday, October 8th. Finally, Wedbush restated an “outperform” rating and issued a $330.00 price target on shares of Zscaler in a 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 stock. According to MarketBeat.com, Zscaler presently has an average rating of “Moderate Buy” and a consensus price target of $307.86.

Zscaler Price Performance

Shares of ZS stock opened at $307.92 on Thursday. Zscaler, Inc. has a fifty-two week low of $164.78 and a fifty-two week 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. The firm has a market capitalization of $48.74 billion, a price-to-earnings ratio of -1,140.44 and a beta of 1.06. The stock’s 50-day simple moving average is $288.61 and its 200-day simple moving average is $272.79.

Zscaler (NASDAQ:ZS) last released its earnings results on Tuesday, September 2nd. The company reported $0.89 EPS for the quarter, topping analysts’ consensus estimates of $0.80 by $0.09. The company had revenue of $719.23 million during the quarter, compared to analysts’ expectations of $707.15 million. Zscaler had a negative net margin of 1.55% and a negative return on equity of 0.47%. Zscaler’s revenue for the quarter was up 21.3% on a year-over-year basis. During the same period last year, the business earned $0.88 EPS. 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, equities analysts forecast that Zscaler, Inc. will post -0.1 earnings per share for the current fiscal year.

Insider Activity at Zscaler

In related news, insider Adam Geller sold 10,464 shares of the company’s stock in a transaction on Wednesday, September 17th. The stock was sold at an average price of $284.25, for a total value of $2,974,392.00. Following the transaction, the insider directly owned 43,478 shares of the company’s stock, valued at $12,358,621.50. This represents a 19.40% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, 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 value of $2,140,823.42. Following the completion of the transaction, the insider owned 76,132 shares of the company’s stock, valued at $23,263,655.24. This trade represents a 8.43% decrease in their position. The disclosure for this sale can be found here. Insiders sold 39,884 shares of company stock valued at $11,406,825 over the last three months. 18.10% of the stock is 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.