WD Rutherford LLC Acquires Shares of 4,858 Zscaler, Inc. $ZS

Posted by George Bondi on Jul 2nd, 2026

WD Rutherford LLC acquired a new position in shares of Zscaler, Inc. (NASDAQ:ZS – Free Report) in the first quarter, according to its most recent disclosure with the SEC. The firm acquired 4,858 shares of the company’s stock, valued at approximately $682,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Integrated Wealth Concepts LLC lifted its holdings in shares of Zscaler by 19.9% during the first quarter. Integrated Wealth Concepts LLC now owns 1,439 shares of the company’s stock worth $285,000 after purchasing an additional 239 shares during the period. NewEdge Advisors LLC increased its stake in Zscaler by 8.2% in the 1st quarter. NewEdge Advisors LLC now owns 4,899 shares of the company’s stock valued at $972,000 after buying an additional 370 shares during the period. Empowered Funds LLC increased its stake in Zscaler by 9.2% in the 1st quarter. Empowered Funds LLC now owns 2,811 shares of the company’s stock valued at $558,000 after buying an additional 238 shares during the period. Sivia Capital Partners LLC purchased a new position in Zscaler during the 2nd quarter worth $252,000. Finally, Jump Financial LLC acquired a new stake in shares of Zscaler in the 2nd quarter worth $3,019,000. 46.45% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Zscaler

In related news, insider Robert Schlossman sold 3,146 shares of the company’s stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $126.43, for a total value of $397,748.78. Following the sale, the insider owned 69,366 shares in the company, valued at $8,769,943.38. This represents a 4.34% decrease in their position. The transaction was disclosed in a legal filing 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 2,817 shares of the firm’s stock in a transaction that occurred on Monday, June 22nd. The shares were sold at an average price of $122.60, for a total value of $345,364.20. Following the completion of the transaction, the insider directly owned 42,314 shares of the company’s stock, valued at $5,187,696.40. The trade was a 6.24% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 15,644 shares of company stock worth $1,960,287 over the last quarter. Insiders own 17.20% of the company’s stock.

Analysts Set New Price Targets

ZS has been the topic of several analyst reports. Berenberg Bank set a $200.00 target price on shares of Zscaler in a report on Thursday, May 28th. The Goldman Sachs Group restated a “neutral” rating and issued a $179.00 price objective on shares of Zscaler in a research report on Wednesday, May 27th. Zacks Research raised Zscaler from a “strong sell” rating to a “hold” rating in a report on Wednesday, May 27th. Deutsche Bank Aktiengesellschaft dropped their target price on Zscaler from $185.00 to $175.00 and set a “buy” rating on the stock in a research report on Wednesday, May 27th. Finally, Morgan Stanley cut their target price on Zscaler from $155.00 to $145.00 and set an “equal weight” rating for the company in a research note on Wednesday, May 27th. Thirty-four research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $213.97.

Read Our Latest Research Report on ZS

Zscaler Stock Up 3.8%

Shares of NASDAQ ZS opened at $146.45 on Thursday. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.72. Zscaler, Inc. has a 52 week low of $114.63 and a 52 week high of $336.99. The firm has a 50-day moving average price of $142.02 and a 200 day moving average price of $166.26. The stock has a market capitalization of $23.68 billion, a price-to-earnings ratio of -305.10, a price-to-earnings-growth ratio of 88.25 and a beta of 0.96.

Zscaler (NASDAQ:ZS – Get Free Report) last issued its earnings results on Tuesday, May 26th. The company reported $1.08 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.07. Zscaler had a negative net margin of 2.44% and a negative return on equity of 0.37%. The company had revenue of $850.48 million for the quarter, compared to analyst estimates of $835.14 million. During the same period in the prior year, the business posted $0.84 earnings per share. The firm’s revenue for the quarter was up 25.4% compared to the same quarter last year. Zscaler has set its Q4 2026 guidance at 1.080-1.090 EPS and its FY 2026 guidance at 4.100-4.110 EPS. Equities research analysts anticipate that Zscaler, Inc. will post 0.11 EPS for the current fiscal year.

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.