SG Americas Securities LLC lessened its stake in Zscaler, Inc. (NASDAQ:ZS – Free Report) by 27.9% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 83,730 shares of the company’s stock after selling 32,398 shares during the period. SG Americas Securities LLC’s holdings in Zscaler were worth $11,746,000 at the end of the most recent reporting period.
Other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. raised its position in shares of Zscaler by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 11,423,424 shares of the company’s stock valued at $2,569,357,000 after buying an additional 55,521 shares in 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 grew its position in Zscaler by 15.9% in 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 in the last quarter. Price T Rowe Associates Inc. MD increased its stake in Zscaler by 43.3% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 2,572,358 shares of the company’s stock valued at $578,576,000 after acquiring an additional 777,414 shares during the last quarter. Finally, State Street Corp raised its position in Zscaler by 3.4% during the fourth quarter. State Street Corp now owns 2,337,604 shares of the company’s stock valued at $525,774,000 after purchasing an additional 77,800 shares in the last quarter. Institutional investors own 46.45% of the company’s stock.
Wall Street Analyst Weigh In
Several brokerages have issued reports on ZS. Mizuho dropped their price target on Zscaler from $210.00 to $185.00 and set an “outperform” rating for the company in a research note on Wednesday, May 27th. Barclays decreased their price objective on Zscaler from $180.00 to $170.00 and set an “overweight” rating on the stock in a report on Wednesday, May 27th. Zacks Research upgraded Zscaler from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 27th. Wedbush reaffirmed an “outperform” rating and issued a $220.00 target price on shares of Zscaler in a research note on Wednesday, June 10th. Finally, B. Riley Financial reduced their price target on shares of Zscaler from $225.00 to $215.00 and set a “buy” rating on the stock in a research report on Wednesday, May 27th. Thirty-four research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $213.97.
Insider Buying and Selling
In other news, CFO Kevin Rubin sold 3,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 25th. The shares were sold at an average price of $124.22, for a total value of $372,660.00. Following the transaction, the chief financial officer owned 41,901 shares in the company, valued at approximately $5,204,942.22. This trade represents a 6.68% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Adam Geller sold 2,817 shares of Zscaler stock in a transaction on Monday, June 22nd. The stock was sold at an average price of $122.60, for a total transaction of $345,364.20. Following the completion of the transaction, the insider directly owned 42,314 shares in the company, valued at approximately $5,187,696.40. The trade was a 6.24% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 15,644 shares of company stock worth $1,960,287. Company insiders own 17.20% of the company’s stock.
Zscaler Stock Up 6.8%
ZS opened at $132.26 on Friday. The company has a market cap of $21.39 billion, a P/E ratio of -275.54, a P/E/G ratio of 77.40 and a beta of 0.97. The business’s 50-day moving average price is $141.59 and its 200-day moving average price is $168.93. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.72. Zscaler, Inc. has a 12 month low of $114.63 and a 12 month high of $336.99.
Zscaler (NASDAQ:ZS – Get Free Report) last released its earnings results on Tuesday, May 26th. The company reported $1.08 earnings per share for the quarter, beating analysts’ consensus estimates of $1.01 by $0.07. The company had revenue of $850.48 million during the quarter, compared to analyst estimates of $835.14 million. Zscaler had a negative return on equity of 0.37% and a negative net margin of 2.44%.Zscaler’s revenue for the quarter was up 25.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.84 EPS. 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 expect that Zscaler, Inc. will post 0.11 EPS for the current year.
Trending Headlines about Zscaler
Here are the key news stories impacting Zscaler this week:
- Positive Sentiment: Zscaler announced a multi-year partnership with Aston Martin Aramco Formula One Team, which will use Zscaler’s Zero Trust Exchange platform to secure sensitive design, strategy, and race data. Article Title
- Positive Sentiment: Zscaler CEO Jay Chaudhry highlighted AI as a major cybersecurity opportunity, reinforcing the company’s positioning in a fast-growing market. Article Title
- Positive Sentiment: Another report said AI could create the biggest cybersecurity opportunity in years, which supports the investment case for Zscaler’s AI-era security platform. Article Title
- Neutral Sentiment: Market commentary noted Zscaler had only a modest post-earnings move, suggesting traders are still assessing the company’s near-term outlook. Article Title
- Neutral Sentiment: Pomerantz LLP said it is investigating claims on behalf of Zscaler investors, which may add headline risk but does not by itself confirm wrongdoing. Article Title
- Negative Sentiment: Zscaler CFO Kevin Rubin sold 3,000 shares under a pre-arranged trading plan, which can still weigh on sentiment even though the sale was routine. Article Title
About Zscaler
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.
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