Flagship Harbor Advisors LLC Sells 81 Shares of Zscaler, Inc. $ZS

Flagship Harbor Advisors LLC reduced its stake in shares of Zscaler, Inc. (NASDAQ:ZS) by 2.4% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 3,298 shares of the company’s stock after selling 81 shares during the period. Flagship Harbor Advisors LLC’s holdings in Zscaler were worth $1,035,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in ZS. GAMMA Investing LLC increased its holdings in Zscaler by 43.1% during the 1st quarter. GAMMA Investing LLC now owns 641 shares of the company’s stock worth $127,000 after purchasing an additional 193 shares in the last quarter. Amalgamated Bank increased its holdings in Zscaler by 9.7% during the 1st quarter. Amalgamated Bank now owns 6,718 shares of the company’s stock worth $1,333,000 after purchasing an additional 596 shares in the last quarter. Koshinski Asset Management Inc. increased its holdings in Zscaler by 2.6% during the 1st quarter. Koshinski Asset Management Inc. now owns 2,801 shares of the company’s stock worth $556,000 after purchasing an additional 70 shares in the last quarter. Clear Creek Financial Management LLC increased its holdings in Zscaler by 5.5% during the 1st quarter. Clear Creek Financial Management LLC now owns 2,386 shares of the company’s stock worth $473,000 after purchasing an additional 125 shares in the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd increased its holdings in Zscaler by 34.5% during the 1st quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 10,401 shares of the company’s stock worth $2,064,000 after purchasing an additional 2,670 shares in the last quarter. 46.45% of the stock is owned by institutional investors.

Zscaler Price Performance

Zscaler stock opened at $322.04 on Friday. Zscaler, Inc. has a 12 month low of $164.78 and a 12 month high of $329.30. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.95. The business’s 50 day simple moving average is $294.57 and its 200 day simple moving average is $278.90. The company has a market cap of $50.98 billion, a price-to-earnings ratio of -1,192.74 and a beta of 1.06.

Zscaler (NASDAQ:ZS) last posted its quarterly earnings data on Tuesday, September 2nd. The company reported $0.89 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 for the quarter, compared to the consensus estimate of $707.15 million. During the same quarter in the prior year, the business earned $0.88 earnings per share. Zscaler’s revenue for the quarter was up 21.3% on a year-over-year basis. Zscaler has set its FY 2026 guidance at 3.640-3.680 EPS. Q1 2026 guidance at 0.850-0.860 EPS. Sell-side analysts forecast that Zscaler, Inc. will post -0.1 EPS for the current year.

Insider Transactions at Zscaler

In other Zscaler news, CEO Jagtar Singh Chaudhry sold 2,865 shares of the business’s stock in a transaction on Tuesday, September 16th. The shares were sold at an average price of $280.70, for a total transaction of $804,205.50. Following the sale, the chief executive officer owned 350,700 shares of the company’s stock, valued at $98,441,490. The trade was a 0.81% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Adam Geller sold 11,193 shares of the business’s stock in a transaction on Tuesday, September 16th. The shares were sold at an average price of $280.70, for a total transaction of $3,141,875.10. Following the sale, the insider directly owned 53,942 shares in the company, valued at $15,141,519.40. The trade was a 17.18% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 43,084 shares of company stock worth $12,446,825 in the last ninety days. Company insiders own 18.10% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have commented on ZS. Stifel Nicolaus boosted their price objective on Zscaler from $295.00 to $330.00 and gave the stock a “buy” rating in a report on Wednesday, September 3rd. Barclays boosted their target price on Zscaler from $300.00 to $320.00 and gave the stock an “overweight” rating in a research note on Wednesday, September 3rd. JPMorgan Chase & Co. boosted their target price on Zscaler from $348.00 to $351.00 and gave the stock an “overweight” rating in a research note on Wednesday, September 3rd. Cantor Fitzgerald restated an “overweight” rating and issued a $340.00 target price on shares of Zscaler in a research note on Wednesday, September 3rd. Finally, JMP Securities restated a “market outperform” rating and issued a $355.00 target price on shares of Zscaler in a research note on Wednesday, September 3rd. One 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 data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $307.86.

Zscaler Profile

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.