Focus Partners Advisor Solutions LLC Increases Holdings in Zscaler, Inc. $ZS

Focus Partners Advisor Solutions LLC grew its position in shares of Zscaler, Inc. (NASDAQ:ZS) by 60.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,474 shares of the company’s stock after purchasing an additional 1,679 shares during the period. Focus Partners Advisor Solutions LLC’s holdings in Zscaler were worth $1,405,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Parcion Private Wealth LLC grew its position in shares of Zscaler by 3.3% during the second quarter. Parcion Private Wealth LLC now owns 1,200 shares of the company’s stock valued at $377,000 after purchasing an additional 38 shares in the last quarter. Secure Asset Management LLC grew its position in shares of Zscaler by 1.8% during the second quarter. Secure Asset Management LLC now owns 2,436 shares of the company’s stock valued at $765,000 after purchasing an additional 43 shares in the last quarter. Tlwm grew its position in shares of Zscaler by 1.0% during the second quarter. Tlwm now owns 4,649 shares of the company’s stock valued at $1,460,000 after purchasing an additional 44 shares in the last quarter. Exane Asset Management grew its position in shares of Zscaler by 185.7% during the second quarter. Exane Asset Management now owns 100 shares of the company’s stock valued at $31,000 after purchasing an additional 65 shares in the last quarter. Finally, Cerity Partners LLC grew its position in shares of Zscaler by 0.3% during the first quarter. Cerity Partners LLC now owns 22,928 shares of the company’s stock valued at $4,549,000 after purchasing an additional 68 shares in the last quarter. Hedge funds and other institutional investors own 46.45% of the company’s stock.

Zscaler Stock Up 1.0%

Shares of NASDAQ:ZS opened at $326.33 on Tuesday. Zscaler, Inc. has a 1 year low of $164.78 and a 1 year high of $327.71. The business has a 50 day simple moving average of $291.51 and a two-hundred day simple moving average of $276.81. The firm has a market capitalization of $51.66 billion, a PE ratio of -1,208.63 and a beta of 1.06. The company has a debt-to-equity ratio of 0.95, a current ratio of 2.01 and a quick ratio of 2.01.

Zscaler (NASDAQ:ZS) last announced its earnings results on Tuesday, September 2nd. The company reported $0.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.80 by $0.09. Zscaler had a negative return on equity of 0.47% and a negative net margin of 1.55%.The business had revenue of $719.23 million during the quarter, compared to analyst estimates of $707.15 million. During the same quarter in the previous year, the business earned $0.88 earnings per share. The company’s revenue for the quarter was up 21.3% compared to the same quarter last year. 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 EPS for the current year.

Insider Activity at Zscaler

In other news, insider Adam Geller sold 10,464 shares of Zscaler stock in a transaction that occurred 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 completion of the sale, the insider owned 43,478 shares of the company’s stock, valued at approximately $12,358,621.50. The trade was a 19.40% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Raj Judge sold 4,524 shares of Zscaler stock in a transaction that occurred on Tuesday, September 16th. The shares were sold at an average price of $280.70, for a total transaction of $1,269,886.80. Following the sale, the executive vice president directly owned 73,832 shares of the company’s stock, valued at $20,724,642.40. This represents a 5.77% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 43,084 shares of company stock worth $12,446,825. Insiders own 18.10% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on ZS shares. Bank of America raised their price objective on Zscaler from $340.00 to $355.00 and gave the company a “buy” rating in a research report on Monday, October 20th. Scotiabank dropped their price target on Zscaler from $360.00 to $334.00 and set a “sector outperform” rating for the company in a research report on Wednesday, September 3rd. Piper Sandler lifted their price target on Zscaler from $260.00 to $280.00 and gave the stock a “neutral” rating in a research report on Wednesday, September 3rd. Stifel Nicolaus lifted their price target on Zscaler from $295.00 to $330.00 and gave the stock a “buy” rating in a research report on Wednesday, September 3rd. Finally, Cantor Fitzgerald reiterated an “overweight” rating and issued a $340.00 price target on shares of Zscaler in a research report on Wednesday, September 3rd. One equities research 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 company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $307.86.

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.