Zscaler, Inc. $ZS Shares Purchased by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. lifted its stake in Zscaler, Inc. (NASDAQ:ZS) by 4.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 210,784 shares of the company’s stock after purchasing an additional 8,301 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Zscaler were worth $47,410,000 as of its most recent SEC filing.

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

Zscaler Stock Performance

Shares of NASDAQ ZS opened at $139.73 on Friday. The company has a market cap of $22.60 billion, a PE ratio of -291.10 and a beta of 0.96. Zscaler, Inc. has a 12 month low of $114.63 and a 12 month high of $336.99. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.86 and a quick ratio of 1.90. The company has a 50-day simple moving average of $144.36 and a 200-day simple moving average of $189.61.

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

Insider Transactions at Zscaler

In related news, EVP Raj Judge sold 2,488 shares of the business’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 $389,595.92. Following the completion of the sale, the executive vice president directly owned 67,906 shares in the company, valued at approximately $10,633,400.54. The trade was a 3.53% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director James A. Beer sold 177 shares of the business’s stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $153.53, for a total transaction of $27,174.81. Following the completion of the sale, the director owned 4,384 shares of the company’s stock, valued at approximately $673,075.52. The trade was a 3.88% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 12,130 shares of company stock valued at $1,892,487 in the last quarter. Insiders own 17.20% of the company’s stock.

Key Headlines Impacting Zscaler

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

Wall Street Analysts Forecast Growth

ZS has been the subject of a number of research reports. Citigroup restated a “market outperform” rating on shares of Zscaler in a research report on Wednesday. Cantor Fitzgerald cut their target price on shares of Zscaler from $300.00 to $225.00 and set an “overweight” rating for the company in a research report on Wednesday. Scotiabank cut their target price on shares of Zscaler from $190.00 to $175.00 and set a “sector outperform” rating for the company in a research report on Wednesday. Sanford C. Bernstein cut their target price on shares of Zscaler from $228.00 to $224.00 and set an “outperform” rating for the company in a research report on Wednesday. Finally, Deutsche Bank Aktiengesellschaft cut their target price on shares of Zscaler from $185.00 to $175.00 and set a “buy” rating for the company in a research report on Wednesday. Thirty-two research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $216.08.

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.