Zscaler, Inc. $ZS Stock Holdings Cut by Massachusetts Financial Services Co. MA

Massachusetts Financial Services Co. MA reduced its position in shares of Zscaler, Inc. (NASDAQ:ZS) by 53.2% in the fourth quarter, HoldingsChannel.com reports. The firm owned 51,246 shares of the company’s stock after selling 58,239 shares during the period. Massachusetts Financial Services Co. MA’s holdings in Zscaler were worth $11,526,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Westpac Banking Corp boosted its stake in shares of Zscaler by 919.0% during the 3rd quarter. Westpac Banking Corp now owns 9,986 shares of the company’s stock worth $2,992,000 after acquiring an additional 9,006 shares in the last quarter. Korea Investment CORP boosted its stake in shares of Zscaler by 24.0% during the 3rd quarter. Korea Investment CORP now owns 98,370 shares of the company’s stock worth $29,478,000 after acquiring an additional 19,026 shares in the last quarter. Vinva Investment Management Ltd boosted its stake in shares of Zscaler by 136.1% during the 3rd quarter. Vinva Investment Management Ltd now owns 11,347 shares of the company’s stock worth $3,400,000 after acquiring an additional 6,541 shares in the last quarter. Whalen Wealth Management Inc. boosted its stake in shares of Zscaler by 322.8% during the 3rd quarter. Whalen Wealth Management Inc. now owns 4,067 shares of the company’s stock worth $1,219,000 after acquiring an additional 3,105 shares in the last quarter. Finally, DNB Asset Management AS boosted its stake in shares of Zscaler by 63.8% during the 3rd quarter. DNB Asset Management AS now owns 33,219 shares of the company’s stock worth $9,954,000 after acquiring an additional 12,936 shares in the last quarter. 46.45% of the stock is owned by institutional investors.

Zscaler Price Performance

ZS opened at $134.33 on Friday. The stock has a fifty day moving average of $150.98 and a 200-day moving average of $223.34. The firm has a market capitalization of $21.60 billion, a P/E ratio of -319.83 and a beta of 1.12. Zscaler, Inc. has a 12-month low of $114.63 and a 12-month high of $336.99. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 0.78.

Zscaler (NASDAQ:ZS) last released its earnings results on Thursday, February 26th. The company reported $1.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.89 by $0.12. The company had revenue of $815.75 million during the quarter, compared to analyst estimates of $798.92 million. Zscaler had a positive return on equity of 0.06% and a negative net margin of 2.25%.The company’s revenue for the quarter was up 25.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.78 earnings per share. Zscaler has set its Q3 2026 guidance at 1.000-1.010 EPS and its FY 2026 guidance at 3.990-4.020 EPS. Equities analysts forecast that Zscaler, Inc. will post -0.1 EPS for the current fiscal year.

Insider Buying and Selling

In related news, EVP Raj Judge sold 2,488 shares of the stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $156.59, for a total transaction of $389,595.92. Following the completion of the sale, the executive vice president directly owned 67,906 shares in the company, valued at approximately $10,633,400.54. This trade represents a 3.53% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Robert Schlossman sold 2,263 shares of the stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $156.59, for a total value of $354,363.17. Following the sale, the insider owned 72,390 shares of the company’s stock, valued at approximately $11,335,550.10. This represents a 3.03% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 12,130 shares of company stock valued at $1,892,487. 17.20% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. Stephens reduced their price objective on Zscaler from $340.00 to $225.00 and set an “overweight” rating for the company in a research note on Monday, February 23rd. Royal Bank Of Canada reduced their price objective on Zscaler from $250.00 to $205.00 and set an “outperform” rating for the company in a research note on Friday, February 27th. Cantor Fitzgerald reduced their price objective on Zscaler from $365.00 to $300.00 and set an “overweight” rating for the company in a research note on Tuesday, February 24th. Weiss Ratings reissued a “sell (d-)” rating on shares of Zscaler in a research note on Wednesday, January 21st. Finally, Sanford C. Bernstein raised Zscaler from a “market perform” rating to an “outperform” rating and set a $228.00 price objective for the company in a research note on Friday, February 13th. Two analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Zscaler currently has a consensus rating of “Moderate Buy” and an average price target of $265.43.

Zscaler Company Profile

Zscaler is a cloud security company that delivers a cloud-native platform to protect users, applications and data as organizations move away from traditional, network-centric security architectures. The company focuses on a zero trust approach that assumes no implicit trust for users or devices, providing secure access to the internet, SaaS applications and private applications regardless of where users are located. Zscaler positions its services as an alternative to legacy appliances and site-centric VPNs, aiming to simplify security while enabling modern, distributed workforces.

Key offerings are built around the Zscaler Zero Trust Exchange, a multi-tenant cloud platform that enforces security and access policies in-line.