Jupiter Asset Management Ltd. Makes New $20.52 Million Investment in Zscaler, Inc. $ZS

Jupiter Asset Management Ltd. bought a new position in Zscaler, Inc. (NASDAQ:ZS) in the 4th quarter, Holdings Channel reports. The firm bought 91,210 shares of the company’s stock, valued at approximately $20,515,000.

Other large investors have also recently made changes to their positions in the company. Binnacle Investments Inc bought a new position in shares of Zscaler in the 3rd quarter worth $25,000. Picton Mahoney Asset Management purchased a new stake in Zscaler in the third quarter valued at about $30,000. Family CFO Inc purchased a new stake in Zscaler in the fourth quarter valued at about $34,000. Missouri Trust & Investment Co raised its stake in Zscaler by 1,460.0% in the third quarter. Missouri Trust & Investment Co now owns 156 shares of the company’s stock valued at $47,000 after buying an additional 146 shares during the last quarter. Finally, Murphy & Mullick Capital Management Corp raised its stake in Zscaler by 185.9% in the third quarter. Murphy & Mullick Capital Management Corp now owns 223 shares of the company’s stock valued at $69,000 after buying an additional 145 shares during the last quarter. 46.45% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on ZS shares. Rosenblatt Securities decreased their price target on Zscaler from $223.00 to $200.00 and set a “buy” rating for the company in a research note on Wednesday. Zacks Research raised Zscaler from a “strong sell” rating to a “hold” rating in a report on Wednesday. Truist Financial set a $210.00 price objective on Zscaler in a report on Wednesday. Stephens set a $205.00 price objective on Zscaler in a report on Wednesday. Finally, Guggenheim reissued a “neutral” rating on shares of Zscaler in a report on Wednesday. Thirty-two investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $216.08.

Zscaler News Summary

Here are the key news stories impacting Zscaler this week:

• Positive Sentiment: Despite the selloff, Zscaler reported strong fiscal Q3 results with revenue growth of about 25% year over year and earnings that beat estimates, which some analysts say supports the long-term cybersecurity demand story.
• Positive Sentiment: Some commentary argues the market may be overreacting to the guidance cut, pointing to Zscaler’s strong net retention and its role in AI-driven security workflows as reasons the stock could eventually recover. MarketBeat Zscaler page
• Neutral Sentiment: Zacks Research upgraded Zscaler from “strong sell” to “hold,” suggesting the recent drop may have improved the risk/reward profile, but it does not signal a clear bullish turn.
• Neutral Sentiment: Several articles discuss broader cybersecurity weakness tied to Google’s AI security platform launch and changing investor sentiment around software, which adds context but is not Zscaler-specific.
• Negative Sentiment: Wall Street’s main concern is the disappointing forward guidance, which overshadowed the earnings beat and raised questions about near-term growth and sales execution.
• Negative Sentiment: Reports of class-action and securities-fraud investigations may add overhang to the stock until management can rebuild confidence. Investor alert article

Insiders Place Their Bets

In other news, CFO Kevin Rubin sold 1,682 shares of the firm’s stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $156.59, for a total value of $263,384.38. Following the transaction, the chief financial officer owned 46,479 shares in the company, valued at $7,278,146.61. This trade represents a 3.49% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Jagtar Singh Chaudhry sold 1,941 shares of the firm’s stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $156.59, for a total value of $303,941.19. Following the completion of the transaction, the chief executive officer owned 345,916 shares in the company, valued at approximately $54,166,986.44. This trade represents a 0.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 12,130 shares of company stock valued at $1,892,487. 17.20% of the stock is owned by corporate insiders.

Zscaler Stock Performance

Shares of ZS stock opened at $139.73 on Friday. The company has a market capitalization of $22.60 billion, a P/E ratio of -291.10 and a beta of 0.96. The business’s 50 day moving average is $144.36 and its two-hundred day moving average is $189.61. The company has a current ratio of 1.86, a quick ratio of 1.90 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.

Zscaler (NASDAQ:ZS) last issued its quarterly earnings results on Tuesday, May 26th. The company reported $1.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.01 by $0.07. The company had revenue of $850.48 million for the quarter, compared to the consensus estimate of $835.14 million. Zscaler had a negative return on equity of 0.37% and a negative net margin of 2.44%.Zscaler’s revenue for the quarter was up 25.4% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.84 earnings per share. Zscaler has set its Q4 2026 guidance at 1.080-1.090 EPS and its FY 2026 guidance at 4.100-4.110 EPS. Analysts expect that Zscaler, Inc. will post -0.03 EPS for the current fiscal year.

Zscaler Company 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.