WD Rutherford LLC Acquires New Holdings in Zscaler, Inc. $ZS

WD Rutherford LLC bought a new stake in shares of Zscaler, Inc. (NASDAQ:ZS) in the 1st quarter, Holdings Channel.com reports. The fund bought 4,858 shares of the company’s stock, valued at approximately $682,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in ZS. Binnacle Investments Inc purchased a new position in shares of Zscaler during the 3rd quarter worth approximately $25,000. AlphaCentric Advisors LLC purchased a new stake in Zscaler in the 4th quarter valued at approximately $29,000. Picton Mahoney Asset Management acquired a new stake in Zscaler during the 3rd quarter valued at $30,000. University of Texas Texas AM Investment Management Co. acquired a new stake in Zscaler during the 4th quarter valued at $30,000. Finally, Mcguire Capital Advisors Inc. purchased a new position in Zscaler during the fourth quarter worth $32,000. Institutional investors and hedge funds own 46.45% of the company’s stock.

Insiders Place Their Bets

In other Zscaler news, CEO Jagtar Singh Chaudhry sold 2,878 shares of Zscaler stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $126.43, for a total value of $363,865.54. Following the completion of the sale, the chief executive officer owned 343,038 shares in the company, valued at $43,370,294.34. The trade was a 0.83% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Robert Schlossman sold 3,146 shares of the company’s stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $126.43, for a total transaction of $397,748.78. Following the transaction, the insider directly owned 69,366 shares of the company’s stock, valued at approximately $8,769,943.38. This represents a 4.34% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 15,644 shares of company stock valued at $1,960,287 in the last quarter. Corporate insiders own 17.20% of the company’s stock.

Zscaler Trading Up 3.8%

Shares of Zscaler stock opened at $146.45 on Thursday. Zscaler, Inc. has a fifty-two week low of $114.63 and a fifty-two week high of $336.99. The business’s fifty day moving average is $142.02 and its two-hundred day moving average is $166.26. 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 firm has a market cap of $23.68 billion, a PE ratio of -305.10, a P/E/G ratio of 88.25 and a beta of 0.96.

Zscaler (NASDAQ:ZS) last announced its quarterly earnings data on Tuesday, May 26th. The company reported $1.08 EPS for the quarter, beating analysts’ consensus estimates of $1.01 by $0.07. The business had revenue of $850.48 million during 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%.The business’s revenue for the quarter was up 25.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $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 anticipate that Zscaler, Inc. will post 0.11 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on ZS. Wedbush reissued an “outperform” rating and issued a $220.00 price target on shares of Zscaler in a report on Wednesday, June 10th. Morgan Stanley decreased their price objective on Zscaler from $155.00 to $145.00 and set an “equal weight” rating on the stock in a research note on Wednesday, May 27th. Berenberg Bank set a $200.00 price objective on Zscaler in a research report on Thursday, May 28th. 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 note on Wednesday, May 27th. Finally, Stifel Nicolaus reduced their target price on shares of Zscaler from $180.00 to $175.00 and set a “buy” rating on the stock in a report 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. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $213.97.

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.