Aspiriant LLC Makes New $218,000 Investment in Zscaler, Inc. $ZS

Aspiriant LLC purchased a new position in shares of Zscaler, Inc. (NASDAQ:ZS) in the 2nd quarter, Holdings Channel reports. The firm purchased 694 shares of the company’s stock, valued at approximately $218,000.

Other hedge funds also recently modified their holdings of the company. Vanguard Group Inc. increased its holdings in Zscaler by 3.1% in the 1st quarter. Vanguard Group Inc. now owns 9,890,506 shares of the company’s stock worth $1,962,474,000 after purchasing an additional 294,034 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of Zscaler by 23.4% during the first quarter. Goldman Sachs Group Inc. now owns 3,048,238 shares of the company’s stock worth $604,831,000 after purchasing an additional 578,883 shares during the last quarter. T. Rowe Price Investment Management Inc. bought a new stake in shares of Zscaler during the first quarter worth about $516,622,000. AQR Capital Management LLC increased its stake in shares of Zscaler by 23.6% in the first quarter. AQR Capital Management LLC now owns 1,191,930 shares of the company’s stock valued at $234,715,000 after buying an additional 227,899 shares during the period. Finally, Nuveen LLC bought a new position in Zscaler in the 1st quarter valued at approximately $153,340,000. Institutional investors and hedge funds own 46.45% of the company’s stock.

Insider Transactions at Zscaler

In other Zscaler news, CEO Jagtar Singh Chaudhry sold 2,865 shares of the firm’s stock in a transaction that occurred on Tuesday, September 16th. The stock was sold at an average price of $280.70, for a total value of $804,205.50. Following the completion of the sale, the chief executive officer owned 350,700 shares of the company’s stock, valued at approximately $98,441,490. This trade represents a 0.81% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Adam Geller sold 10,464 shares of the business’s stock in a transaction on Wednesday, September 17th. The shares were sold at an average price of $284.25, for a total transaction of $2,974,392.00. Following the sale, the insider owned 43,478 shares of the company’s stock, valued at $12,358,621.50. This trade represents a 19.40% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 39,884 shares of company stock valued at $11,406,825. 18.10% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on ZS. Canaccord Genuity Group boosted their target price on shares of Zscaler from $320.00 to $340.00 and gave the stock a “buy” rating in a report on Thursday, September 4th. Stifel Nicolaus boosted their price objective on shares of Zscaler from $295.00 to $330.00 and gave the stock a “buy” rating in a research note on Wednesday, September 3rd. JMP Securities reaffirmed a “market outperform” rating and set a $355.00 target price on shares of Zscaler in a research report on Wednesday, September 3rd. Piper Sandler lifted their target price on Zscaler from $260.00 to $280.00 and gave the stock a “neutral” rating in a report on Wednesday, September 3rd. Finally, Barclays increased their price target on Zscaler from $300.00 to $320.00 and gave the company an “overweight” rating in a research note on Wednesday, September 3rd. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $307.43.

Zscaler Price Performance

Zscaler stock opened at $300.25 on Friday. The stock has a market capitalization of $47.53 billion, a price-to-earnings ratio of -1,112.04 and a beta of 1.06. Zscaler, Inc. has a 52-week low of $164.78 and a 52-week high of $319.89. The company has a debt-to-equity ratio of 0.95, a quick ratio of 2.01 and a current ratio of 2.01. The stock’s 50 day moving average price is $286.62 and its two-hundred day moving average price is $270.81.

Zscaler (NASDAQ:ZS) last released its earnings results on Tuesday, September 2nd. The company reported $0.89 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.80 by $0.09. The company had revenue of $719.23 million for the quarter, compared to the consensus estimate of $707.15 million. Zscaler had a negative net margin of 1.55% and a negative return on equity of 0.47%. Zscaler’s quarterly revenue was up 21.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.88 EPS. Zscaler has set its FY 2026 guidance at 3.640-3.680 EPS. Q1 2026 guidance at 0.850-0.860 EPS. On average, equities analysts predict that Zscaler, Inc. will post -0.1 earnings per share for the current year.

About Zscaler

Zscaler, Inc operates as a cloud security company worldwide. The company offers Zscaler Internet Access solution that provides users, workloads, IoT, and OT devices secure access to externally managed applications, including software-as-a-service (SaaS) applications and internet destinations; and Zscaler Private Access solution, which is designed to provide access to managed applications hosted internally in data centers, and private or public clouds.