Swedbank AB Increases Stake in Zscaler, Inc. $ZS

Swedbank AB grew its stake in shares of Zscaler, Inc. (NASDAQ:ZS) by 70.8% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 35,365 shares of the company’s stock after buying an additional 14,659 shares during the quarter. Swedbank AB’s holdings in Zscaler were worth $4,961,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Binnacle Investments Inc purchased a new stake in shares of Zscaler during the third quarter worth about $25,000. AlphaCentric Advisors LLC purchased a new stake in Zscaler in the fourth quarter worth $29,000. University of Texas Texas AM Investment Management Co. purchased a new position in Zscaler during the 4th quarter valued at about $30,000. Mcguire Capital Advisors Inc. purchased a new stake in shares of Zscaler in the 4th quarter worth approximately $32,000. Finally, Family CFO Inc bought a new stake in Zscaler in the fourth quarter worth $34,000. 46.45% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts have commented on the company. Evercore set a $155.00 target price on Zscaler and gave the company an “in-line” rating in a research note on Wednesday, May 27th. Rosenblatt Securities reiterated a “buy” rating and issued a $200.00 price target on shares of Zscaler in a research report on Wednesday, June 10th. Cantor Fitzgerald reiterated an “overweight” rating and set a $225.00 price objective on shares of Zscaler in a research note on Wednesday, June 10th. Robert W. Baird cut their price target on Zscaler from $265.00 to $230.00 and set an “outperform” rating for the company in a research note on Wednesday, May 27th. Finally, Guggenheim reissued a “buy” rating and set a $214.00 price target on shares of Zscaler in a report on Wednesday, June 10th. Thirty-four equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $213.97.

Zscaler Price Performance

Shares of NASDAQ ZS traded down $7.85 during mid-day trading on Friday, hitting $139.27. 3,800,070 shares of the company’s stock traded hands, compared to its average volume of 3,456,768. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.86 and a quick ratio of 1.86. Zscaler, Inc. has a 1 year low of $114.63 and a 1 year high of $336.99. The company’s 50-day moving average is $143.39 and its two-hundred day moving average is $162.55. The company has a market capitalization of $22.52 billion, a P/E ratio of -290.14, a PEG ratio of 84.31 and a beta of 0.96.

Zscaler (NASDAQ:ZS) last posted its quarterly earnings data on Tuesday, May 26th. The company reported $1.08 earnings per share for the quarter, beating analysts’ consensus estimates of $1.01 by $0.07. The business had revenue of $850.48 million for the quarter, compared to analysts’ expectations of $835.14 million. Zscaler had a negative net margin of 2.44% and a negative return on equity of 0.37%. The business’s revenue was up 25.4% compared to the same quarter last year. During the same quarter in the previous 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. On average, equities analysts anticipate that Zscaler, Inc. will post 0.12 EPS for the current fiscal year.

Insider Activity at Zscaler

In other Zscaler news, insider Robert Schlossman sold 3,146 shares of the firm’s stock in a transaction on Tuesday, June 16th. The stock was 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 in the company, valued at $8,769,943.38. This trade represents a 4.34% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Adam Geller sold 2,817 shares of the firm’s stock in a transaction on Monday, June 22nd. The shares were sold at an average price of $122.60, for a total value of $345,364.20. Following the transaction, the insider owned 42,314 shares in the company, valued at approximately $5,187,696.40. This represents a 6.24% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 15,766 shares of company stock worth $1,978,587. Insiders own 17.20% of the company’s stock.

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.