Krilogy Financial LLC Trims Position in Zscaler, Inc. $ZS

Krilogy Financial LLC lowered its position in Zscaler, Inc. (NASDAQ:ZS) by 52.2% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 5,267 shares of the company’s stock after selling 5,748 shares during the quarter. Krilogy Financial LLC’s holdings in Zscaler were worth $708,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the company. Goldstream Capital Management Ltd grew its stake in shares of Zscaler by 0.3% in the 3rd quarter. Goldstream Capital Management Ltd now owns 12,450 shares of the company’s stock valued at $3,731,000 after buying an additional 34 shares during the period. Kentucky Retirement Systems Insurance Trust Fund lifted its holdings in Zscaler by 1.4% in the third quarter. Kentucky Retirement Systems Insurance Trust Fund now owns 2,569 shares of the company’s stock valued at $770,000 after acquiring an additional 36 shares during the last quarter. Advisor OS LLC lifted its holdings in Zscaler by 4.6% in the third quarter. Advisor OS LLC now owns 879 shares of the company’s stock valued at $263,000 after acquiring an additional 39 shares during the last quarter. Parallel Advisors LLC grew its position in Zscaler by 10.9% in the third quarter. Parallel Advisors LLC now owns 397 shares of the company’s stock worth $119,000 after acquiring an additional 39 shares during the period. Finally, Smartleaf Asset Management LLC grew its position in Zscaler by 7.5% in the second quarter. Smartleaf Asset Management LLC now owns 648 shares of the company’s stock worth $204,000 after acquiring an additional 45 shares during the period. 46.45% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on ZS shares. Wells Fargo & Company reduced their target price on Zscaler from $210.00 to $180.00 and set an “overweight” rating on the stock in a research report on Thursday, May 28th. TD Cowen reiterated a “buy” rating on shares of Zscaler in a report on Wednesday, May 27th. Wolfe Research reissued an “outperform” rating and set a $150.00 price objective on shares of Zscaler in a research report on Thursday, June 11th. Oppenheimer reduced their price objective on shares of Zscaler from $280.00 to $250.00 and set an “outperform” rating on the stock in a report on Tuesday, March 10th. Finally, Robert W. Baird decreased their target price on shares of Zscaler from $265.00 to $230.00 and set an “outperform” rating on the stock in a research report on Wednesday, May 27th. Thirty-four research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $213.97.

Zscaler Trading Up 6.8%

ZS opened at $132.26 on Friday. Zscaler, Inc. has a 52 week low of $114.63 and a 52 week high of $336.99. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.72. The business has a fifty day simple moving average of $141.59 and a 200-day simple moving average of $168.93. The firm has a market cap of $21.39 billion, a P/E ratio of -275.54, a P/E/G ratio of 77.40 and a beta of 0.97.

Zscaler (NASDAQ:ZS) last posted its quarterly earnings data on Tuesday, May 26th. The company reported $1.08 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $850.48 million for the quarter, compared to the consensus estimate of $835.14 million. During the same quarter in the previous year, the business earned $0.84 EPS. 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 expect that Zscaler, Inc. will post 0.11 earnings per share for the current year.

Insider Buying and Selling at Zscaler

In related news, CEO Jagtar Singh Chaudhry sold 2,878 shares of Zscaler stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $126.43, for a total value of $363,865.54. Following the completion of the transaction, the chief executive officer owned 343,038 shares in the company, valued at approximately $43,370,294.34. The trade was a 0.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Kevin Rubin sold 3,000 shares of the company’s stock in a transaction that occurred on Thursday, June 25th. The stock was sold at an average price of $124.22, for a total transaction of $372,660.00. Following the sale, the chief financial officer directly owned 41,901 shares in the company, valued at approximately $5,204,942.22. The trade was a 6.68% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 15,644 shares of company stock worth $1,960,287 over the last ninety days. Company insiders own 17.20% of the company’s stock.

Trending Headlines about Zscaler

Here are the key news stories impacting Zscaler this week:

• Positive Sentiment: Zscaler announced a multi-year partnership with Aston Martin Aramco Formula One Team, which will use Zscaler’s Zero Trust Exchange platform to secure sensitive design, strategy, and race data. Article Title
• Positive Sentiment: Zscaler CEO Jay Chaudhry highlighted AI as a major cybersecurity opportunity, reinforcing the company’s positioning in a fast-growing market. Article Title
• Positive Sentiment: Another report said AI could create the biggest cybersecurity opportunity in years, which supports the investment case for Zscaler’s AI-era security platform. Article Title
• Neutral Sentiment: Market commentary noted Zscaler had only a modest post-earnings move, suggesting traders are still assessing the company’s near-term outlook. Article Title
• Neutral Sentiment: Pomerantz LLP said it is investigating claims on behalf of Zscaler investors, which may add headline risk but does not by itself confirm wrongdoing. Article Title
• Negative Sentiment: Zscaler CFO Kevin Rubin sold 3,000 shares under a pre-arranged trading plan, which can still weigh on sentiment even though the sale was routine. Article Title

About Zscaler

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.