Nwam LLC Acquires 187 Shares of Zscaler, Inc. $ZS

Nwam LLC grew its holdings in shares of Zscaler, Inc. (NASDAQ:ZS) by 7.3% in the 2nd quarter, HoldingsChannel reports. The firm owned 2,752 shares of the company’s stock after acquiring an additional 187 shares during the quarter. Nwam LLC’s holdings in Zscaler were worth $795,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in ZS. SVB Wealth LLC purchased a new stake in Zscaler during the first quarter worth about $26,000. N.E.W. Advisory Services LLC bought a new position in shares of Zscaler during the 1st quarter valued at approximately $29,000. Quaker Wealth Management LLC grew its position in shares of Zscaler by 200.0% during the 2nd quarter. Quaker Wealth Management LLC now owns 97 shares of the company’s stock valued at $30,000 after acquiring an additional 194 shares during the period. Exane Asset Management increased its stake in shares of Zscaler by 185.7% during the 2nd quarter. Exane Asset Management now owns 100 shares of the company’s stock worth $31,000 after purchasing an additional 65 shares during the last quarter. Finally, Whittier Trust Co. bought a new stake in shares of Zscaler in the 1st quarter worth approximately $33,000. 46.45% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, 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 completion of the transaction, the insider directly owned 43,478 shares in the company, valued at $12,358,621.50. The trade was a 19.40% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Raj Judge sold 4,524 shares of the company’s stock in a transaction on Tuesday, September 16th. The stock was sold at an average price of $280.70, for a total transaction of $1,269,886.80. Following the completion of the transaction, the executive vice president directly owned 73,832 shares in the company, valued at approximately $20,724,642.40. The trade was a 5.77% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 43,084 shares of company stock worth $12,446,825. Insiders own 18.10% of the company’s stock.

Zscaler Stock Performance

Shares of ZS opened at $331.29 on Wednesday. Zscaler, Inc. has a 52-week low of $164.78 and a 52-week high of $336.99. The stock’s 50-day simple moving average is $303.09 and its 200 day simple moving average is $287.00. 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 has a market capitalization of $52.44 billion, a price-to-earnings ratio of -1,227.00 and a beta of 1.06.

Zscaler (NASDAQ:ZS) last announced its quarterly earnings results on Tuesday, September 2nd. The company reported $0.89 earnings per share 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 firm had revenue of $719.23 million for the quarter, compared to analysts’ expectations of $707.15 million. During the same period in the prior year, the business posted $0.88 earnings per share. The company’s revenue 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. Research analysts forecast that Zscaler, Inc. will post -0.1 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on ZS shares. Wedbush increased their price objective on Zscaler from $330.00 to $350.00 and gave the company an “outperform” rating in a report on Monday. Royal Bank Of Canada upped their price target on Zscaler from $335.00 to $350.00 and gave the company an “outperform” rating in a research report on Thursday, October 2nd. KeyCorp increased their price target on Zscaler from $345.00 to $350.00 and gave the stock an “overweight” rating in a research note on Wednesday, September 3rd. Bank of America boosted their price objective on Zscaler from $340.00 to $355.00 and gave the company a “buy” rating in a research note on Monday, October 20th. Finally, BMO Capital Markets upped their price objective on shares of Zscaler from $295.00 to $315.00 and gave the company an “outperform” rating in a report on Wednesday, September 3rd. One research analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $310.69.

Zscaler Company 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.