Global Trust Asset Management LLC Grows Stock Holdings in Zscaler, Inc. $ZS

Global Trust Asset Management LLC raised its holdings in Zscaler, Inc. (NASDAQ:ZS) by 9,400.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 475 shares of the company’s stock after purchasing an additional 470 shares during the quarter. Global Trust Asset Management LLC’s holdings in Zscaler were worth $149,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the stock. T. Rowe Price Investment Management Inc. acquired a new stake in Zscaler during the first quarter worth about $516,622,000. Nuveen LLC purchased a new position in Zscaler during the first quarter valued at approximately $153,340,000. Goldman Sachs Group Inc. increased its holdings in shares of Zscaler by 23.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 3,048,238 shares of the company’s stock valued at $604,831,000 after purchasing an additional 578,883 shares in the last quarter. Woodline Partners LP purchased a new position in shares of Zscaler during the 1st quarter valued at approximately $70,340,000. Finally, Vanguard Group Inc. increased its holdings in shares of Zscaler by 3.1% during the 1st quarter. Vanguard Group Inc. now owns 9,890,506 shares of the company’s stock valued at $1,962,474,000 after purchasing an additional 294,034 shares in the last quarter. Hedge funds and other institutional investors own 46.45% of the company’s stock.

Wall Street Analysts Forecast Growth

ZS has been the subject of several recent research reports. Morgan Stanley raised shares of Zscaler from an “equal weight” rating to an “overweight” rating and lifted their target price for the company from $280.00 to $320.00 in a report on Tuesday, September 2nd. JPMorgan Chase & Co. lifted their target price on shares of Zscaler from $348.00 to $351.00 and gave the company an “overweight” rating in a report on Wednesday, September 3rd. Zacks Research lowered shares of Zscaler from a “hold” rating to a “strong sell” rating in a report on Wednesday, September 3rd. Bank of America lifted their target price on shares of Zscaler from $285.00 to $340.00 and gave the company a “buy” rating in a report on Monday, June 9th. Finally, Guggenheim reaffirmed a “neutral” rating on shares of Zscaler in a report on Wednesday, September 3rd. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Zscaler has a consensus rating of “Moderate Buy” and an average target price of $307.00.

Insider Buying and Selling at Zscaler

In related news, 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 value of $804,205.50. Following the completion of the transaction, the chief executive officer owned 350,700 shares in the company, valued at approximately $98,441,490. The trade was a 0.81% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Raj Judge sold 4,524 shares of the company’s stock in a transaction that occurred on Tuesday, September 16th. The stock was sold at an average price of $280.70, for a total transaction of $1,269,886.80. Following the sale, the executive vice president owned 73,832 shares in the company, valued at $20,724,642.40. The trade was a 5.77% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 32,878 shares of company stock worth $9,266,002. 18.10% of the stock is currently owned by company insiders.

Zscaler Trading Up 0.8%

Shares of ZS opened at $296.90 on Tuesday. Zscaler, Inc. has a 52-week low of $164.78 and a 52-week high of $318.46. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.95. The firm’s fifty day moving average is $280.63 and its two-hundred day moving average is $261.56. The stock has a market cap of $47.00 billion, a PE ratio of -1,099.63 and a beta of 1.05.

Zscaler (NASDAQ:ZS) last posted its earnings results on Tuesday, September 2nd. The company reported $0.89 earnings per share for the quarter, beating the consensus estimate of $0.80 by $0.09. The firm had revenue of $719.23 million during the quarter, compared to the consensus estimate of $707.15 million. Zscaler had a negative net margin of 1.55% and a negative return on equity of 0.47%. The firm’s revenue for the quarter was up 21.3% on a year-over-year basis. During the same quarter last year, the firm 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 earnings per share for the current fiscal year.

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.