Sentinel Dome Partners LLC Acquires Shares of 4,400 Zscaler, Inc. $ZS

Sentinel Dome Partners LLC acquired a new stake in shares of Zscaler, Inc. (NASDAQ:ZSFree Report) in the 4th quarter, Holdings Channel reports. The firm acquired 4,400 shares of the company’s stock, valued at approximately $990,000. Zscaler accounts for about 0.7% of Sentinel Dome Partners LLC’s holdings, making the stock its 26th biggest position.

A number of other institutional investors and hedge funds have also made changes to their positions in ZS. Vanguard Group Inc. lifted its holdings in shares of Zscaler by 0.5% in the 4th quarter. Vanguard Group Inc. now owns 11,423,424 shares of the company’s stock valued at $2,569,357,000 after acquiring an additional 55,521 shares during the last quarter. Groupama Asset Managment grew its position in Zscaler by 76,352.6% in the third quarter. Groupama Asset Managment now owns 4,750,000 shares of the company’s stock worth $1,423,385,000 after acquiring an additional 4,743,787 shares in the last quarter. First Trust Advisors LP increased its stake in Zscaler by 15.9% during the fourth quarter. First Trust Advisors LP now owns 2,582,897 shares of the company’s stock worth $580,945,000 after acquiring an additional 354,763 shares during the last quarter. Price T Rowe Associates Inc. MD increased its stake in Zscaler by 43.3% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 2,572,358 shares of the company’s stock worth $578,576,000 after acquiring an additional 777,414 shares during the last quarter. Finally, State Street Corp increased its stake in Zscaler by 3.4% during the fourth quarter. State Street Corp now owns 2,337,604 shares of the company’s stock worth $525,774,000 after acquiring an additional 77,800 shares during the last quarter. 46.45% of the stock is owned by hedge funds and other institutional investors.

Zscaler Price Performance

Shares of NASDAQ:ZS opened at $124.85 on Friday. Zscaler, Inc. has a 1 year low of $114.63 and a 1 year high of $336.99. The business has a 50 day simple moving average of $141.25 and a two-hundred day simple moving average of $172.99. The firm has a market capitalization of $20.19 billion, a PE ratio of -260.10, a price-to-earnings-growth ratio of 78.06 and a beta of 0.97. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.86 and a quick ratio of 1.86.

Zscaler (NASDAQ:ZSGet Free Report) last released its earnings results on Tuesday, May 26th. The company reported $1.08 EPS for the quarter, beating analysts’ consensus estimates of $1.01 by $0.07. Zscaler had a negative return on equity of 0.37% and a negative net margin of 2.44%.The firm had revenue of $850.48 million for the quarter, compared to analysts’ expectations of $835.14 million. During the same quarter in the prior year, the firm posted $0.84 earnings per share. The company’s quarterly revenue was up 25.4% on a year-over-year basis. Zscaler has set its Q4 2026 guidance at 1.080-1.090 EPS and its FY 2026 guidance at 4.100-4.110 EPS. On average, equities analysts predict that Zscaler, Inc. will post 0.11 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the company. HC Wainwright raised Zscaler from a “buy” rating to a “buy” rating in a research note on Monday, May 18th. BMO Capital Markets cut their target price on Zscaler from $210.00 to $178.00 and set an “outperform” rating on the stock in a research report on Wednesday, May 27th. TD Cowen reissued a “buy” rating on shares of Zscaler in a research report on Wednesday, May 27th. Deutsche Bank Aktiengesellschaft decreased their price target on Zscaler from $185.00 to $175.00 and set a “buy” rating on the stock in a report on Wednesday, May 27th. Finally, Oppenheimer lowered their price target on Zscaler from $280.00 to $250.00 and set an “outperform” rating for the company in a research report on Tuesday, March 10th. Thirty-four equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $214.33.

Get Our Latest Analysis on ZS

Insiders Place Their Bets

In other Zscaler news, CFO Kevin Rubin sold 1,686 shares of the stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $126.43, for a total value of $213,160.98. Following the sale, the chief financial officer owned 44,901 shares in the company, valued at $5,676,833.43. This trade represents a 3.62% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Adam Geller sold 1,940 shares of Zscaler stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $126.43, for a total value of $245,274.20. Following the sale, the insider owned 45,131 shares of the company’s stock, valued at approximately $5,705,912.33. This trade represents a 4.12% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders sold 9,827 shares of company stock worth $1,242,263. Insiders own 17.20% of the company’s stock.

About Zscaler

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding ZS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Zscaler, Inc. (NASDAQ:ZSFree Report).

Institutional Ownership by Quarter for Zscaler (NASDAQ:ZS)

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