Ensign Peak Advisors Inc Acquires 35,770 Shares of Zscaler, Inc. $ZS

Ensign Peak Advisors Inc increased its stake in Zscaler, Inc. (NASDAQ:ZS) by 9.9% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 395,391 shares of the company’s stock after purchasing an additional 35,770 shares during the quarter. Ensign Peak Advisors Inc’s holdings in Zscaler were worth $124,129,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of ZS. Kestra Private Wealth Services LLC grew its stake in shares of Zscaler by 41.5% during the 1st quarter. Kestra Private Wealth Services LLC now owns 8,461 shares of the company’s stock valued at $1,679,000 after acquiring an additional 2,481 shares during the period. Choreo LLC raised its position in shares of Zscaler by 2.7% during the 1st quarter. Choreo LLC now owns 2,909 shares of the company’s stock valued at $577,000 after purchasing an additional 76 shares during the period. Bank Julius Baer & Co. Ltd Zurich lifted its position in shares of Zscaler by 522.9% in the first quarter. Bank Julius Baer & Co. Ltd Zurich now owns 28,888 shares of the company’s stock valued at $6,095,000 after acquiring an additional 24,250 shares in the last quarter. KLP Kapitalforvaltning AS boosted its stake in shares of Zscaler by 0.6% in the first quarter. KLP Kapitalforvaltning AS now owns 32,600 shares of the company’s stock worth $6,468,000 after acquiring an additional 200 shares during the period. Finally, Oak Thistle LLC purchased a new stake in shares of Zscaler during the first quarter worth about $396,000. 46.45% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Zscaler

In other Zscaler news, insider Robert Schlossman sold 3,200 shares of the business’s stock in a transaction dated Friday, October 24th. The shares were sold at an average price of $325.00, for a total value of $1,040,000.00. Following the completion of the sale, the insider directly owned 80,086 shares of the company’s stock, valued at $26,027,950. The trade was a 3.84% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Jagtar Singh Chaudhry sold 2,865 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 $804,205.50. Following the sale, the chief executive officer directly owned 350,700 shares of the company’s stock, valued at $98,441,490. This represents a 0.81% 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 ninety days. Company insiders own 18.10% of the company’s stock.

Zscaler Stock Performance

Zscaler stock opened at $291.81 on Thursday. The firm has a market capitalization of $46.19 billion, a P/E ratio of -1,080.78 and a beta of 1.06. The company’s 50-day moving average is $306.07 and its 200 day moving average is $289.73. Zscaler, Inc. has a 1-year low of $164.78 and a 1-year high of $336.99. 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 issued its quarterly earnings results on Tuesday, September 2nd. The company reported $0.89 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.80 by $0.09. The firm had revenue of $719.23 million during the quarter, compared to analyst estimates of $707.15 million. Zscaler had a negative return on equity of 0.47% and a negative net margin of 1.55%.Zscaler’s quarterly revenue was up 21.3% compared to the same quarter last year. During the same period last year, the company earned $0.88 EPS. 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 year.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on ZS. Bank of America upped their price target on Zscaler from $340.00 to $355.00 and gave the stock a “buy” rating in a research note on Monday, October 20th. Barclays upped their target price on shares of Zscaler from $320.00 to $350.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 12th. KeyCorp increased their price objective on shares of Zscaler from $345.00 to $350.00 and gave the company an “overweight” rating in a report on Wednesday, September 3rd. Stifel Nicolaus raised their price target on Zscaler from $295.00 to $330.00 and gave the company a “buy” rating in a report on Wednesday, September 3rd. Finally, Cantor Fitzgerald reiterated an “overweight” rating and set a $340.00 price objective 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, thirty-one have given a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $316.65.

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.