SBI Securities Co. Ltd. Sells 6,397 Shares of Zscaler, Inc. $ZS

SBI Securities Co. Ltd. cut its holdings in shares of Zscaler, Inc. (NASDAQ:ZS) by 45.2% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,764 shares of the company’s stock after selling 6,397 shares during the quarter. SBI Securities Co. Ltd.’s holdings in Zscaler were worth $2,437,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in ZS. Brookstone Capital Management bought a new stake in shares of Zscaler during the second quarter valued at approximately $283,000. Parisi Gray Wealth Management purchased a new position in Zscaler during the second quarter valued at $801,000. GGM Financials LLC purchased a new position in Zscaler during the second quarter valued at $5,811,000. Howe & Rusling Inc. increased its holdings in Zscaler by 17.1% in the 1st quarter. Howe & Rusling Inc. now owns 24,672 shares of the company’s stock valued at $4,895,000 after acquiring an additional 3,611 shares during the last quarter. Finally, Focus Partners Wealth lifted its stake in Zscaler by 2.5% in the 1st quarter. Focus Partners Wealth now owns 62,083 shares of the company’s stock worth $12,319,000 after purchasing an additional 1,517 shares in the last quarter. 46.45% of the stock is currently owned by hedge funds and other institutional investors.

Zscaler Stock Performance

NASDAQ:ZS opened at $317.08 on Thursday. 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 fifty day moving average is $304.02 and its 200 day moving average is $287.21. The firm has a market capitalization of $50.19 billion, a PE ratio of -1,174.37 and a beta of 1.06. Zscaler, Inc. has a fifty-two week low of $164.78 and a fifty-two week high of $336.99.

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

Analyst Ratings Changes

A number of research analysts have recently weighed in on ZS shares. JMP Securities restated a “market outperform” rating and set a $355.00 price objective on shares of Zscaler in a research report on Wednesday, September 3rd. Cantor Fitzgerald reissued an “overweight” rating and set a $340.00 price target on shares of Zscaler in a research note on Wednesday, September 3rd. UBS Group decreased their price objective on Zscaler from $365.00 to $350.00 and set a “buy” rating on the stock in a report on Wednesday, September 3rd. BMO Capital Markets increased their target price on Zscaler from $295.00 to $315.00 and gave the company an “outperform” rating in a research report on Wednesday, September 3rd. Finally, Piper Sandler raised their target price on shares of Zscaler from $260.00 to $280.00 and gave the company a “neutral” rating in a report on Wednesday, September 3rd. One research 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 stock. According to MarketBeat, Zscaler has an average rating of “Moderate Buy” and an average price target of $311.97.

Insiders Place Their Bets

In other news, insider Adam Geller sold 10,464 shares of the company’s stock in a transaction dated Wednesday, September 17th. The shares were sold at an average price of $284.25, for a total value of $2,974,392.00. Following the transaction, the insider directly owned 43,478 shares in the company, valued at approximately $12,358,621.50. This represents a 19.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Robert Schlossman sold 3,200 shares of Zscaler stock in a transaction dated 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 sale, the insider owned 80,086 shares of the company’s stock, valued at $26,027,950. The trade was a 3.84% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 43,084 shares of company stock valued at $12,446,825 over the last quarter. 18.10% of the stock is currently owned by insiders.

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.