Fox Run Management L.L.C. Lowers Stock Holdings in Zscaler, Inc. $ZS

Fox Run Management L.L.C. cut its position in shares of Zscaler, Inc. (NASDAQ:ZS) by 18.4% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,249 shares of the company’s stock after selling 282 shares during the period. Fox Run Management L.L.C.’s holdings in Zscaler were worth $392,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Brookstone Capital Management purchased a new position in Zscaler during the second quarter worth $283,000. Parisi Gray Wealth Management bought a new stake in shares of Zscaler in the 2nd quarter worth about $801,000. GGM Financials LLC bought a new stake in shares of Zscaler in the 2nd quarter worth about $5,811,000. Howe & Rusling Inc. boosted its stake in shares of Zscaler by 17.1% during the 1st quarter. Howe & Rusling Inc. now owns 24,672 shares of the company’s stock worth $4,895,000 after purchasing an additional 3,611 shares during the period. Finally, Focus Partners Wealth grew its holdings in Zscaler by 2.5% during the 1st quarter. Focus Partners Wealth now owns 62,083 shares of the company’s stock valued at $12,319,000 after purchasing an additional 1,517 shares during the last quarter. 46.45% of the stock is owned by institutional investors.

Zscaler Stock Down 4.3%

Shares of NASDAQ:ZS opened at $317.08 on Thursday. The business’s 50 day moving average is $304.02 and its 200 day moving average is $287.21. The stock has a market cap of $50.19 billion, a P/E ratio of -1,174.37 and a beta of 1.06. Zscaler, Inc. has a 52-week low of $164.78 and a 52-week high of $336.99. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.95.

Zscaler (NASDAQ:ZS) last issued its earnings results on Tuesday, September 2nd. The company reported $0.89 earnings per share for the quarter, topping 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 analysts’ expectations of $707.15 million. During the same period in the prior year, the business earned $0.88 EPS. The business’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. Sell-side analysts predict that Zscaler, Inc. will post -0.1 EPS for the current year.

Analysts Set New Price Targets

A number of analysts recently weighed in on ZS shares. Cantor Fitzgerald reissued an “overweight” rating and issued a $340.00 price objective on shares of Zscaler in a research report on Wednesday, September 3rd. B. Riley began coverage on Zscaler in a research note on Tuesday, August 26th. They set a “neutral” rating and a $275.00 target price on the stock. Scotiabank decreased their price target on Zscaler from $360.00 to $334.00 and set a “sector outperform” rating for the company in a research note on Wednesday, September 3rd. JPMorgan Chase & Co. boosted their price objective on Zscaler from $348.00 to $351.00 and gave the company an “overweight” rating in a report on Wednesday, September 3rd. Finally, Piper Sandler upped their price objective on Zscaler from $260.00 to $280.00 and gave the company a “neutral” rating in a research report on Wednesday, September 3rd. One analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $311.97.

Insider Buying and Selling at Zscaler

In other news, EVP Raj Judge sold 4,524 shares of the company’s stock in a transaction that occurred on Tuesday, September 16th. The shares were sold at an average price of $280.70, for a total value of $1,269,886.80. Following the completion of the sale, the executive vice president owned 73,832 shares of the company’s stock, valued at approximately $20,724,642.40. This represents a 5.77% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Robert Schlossman sold 3,200 shares of the stock in a transaction that occurred on Friday, October 24th. The shares were sold at an average price of $325.00, for a total transaction of $1,040,000.00. Following the transaction, the insider owned 80,086 shares in the company, valued at approximately $26,027,950. This represents a 3.84% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 43,084 shares of company stock valued at $12,446,825 in the last ninety days. 18.10% of the stock is owned by insiders.

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.