SLT Holdings LLC Has $2.32 Million Stake in Zscaler, Inc. $ZS

SLT Holdings LLC increased its stake in shares of Zscaler, Inc. (NASDAQ:ZS) by 17.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 7,396 shares of the company’s stock after purchasing an additional 1,073 shares during the quarter. Zscaler makes up approximately 1.8% of SLT Holdings LLC’s portfolio, making the stock its 13th largest position. SLT Holdings LLC’s holdings in Zscaler were worth $2,322,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. ORG Partners LLC boosted its holdings in shares of Zscaler by 284.8% during the first quarter. ORG Partners LLC now owns 127 shares of the company’s stock worth $26,000 after purchasing an additional 94 shares during the period. SVB Wealth LLC acquired a new stake in shares of Zscaler during the 1st quarter valued at $26,000. Goodman Advisory Group LLC acquired a new stake in shares of Zscaler during the 1st quarter valued at $29,000. N.E.W. Advisory Services LLC acquired a new stake in Zscaler during the first quarter valued at $29,000. Finally, CVA Family Office LLC boosted its position in Zscaler by 120.3% during the first quarter. CVA Family Office LLC now owns 152 shares of the company’s stock valued at $30,000 after purchasing an additional 83 shares during the last quarter. 46.45% of the stock is currently owned by institutional investors and hedge funds.

Zscaler Stock Performance

Shares of ZS stock opened at $309.88 on Friday. The stock has a market cap of $49.05 billion, a P/E ratio of -1,147.70 and a beta of 1.06. The company has a debt-to-equity ratio of 0.95, a current ratio of 2.01 and a quick ratio of 2.01. The company has a fifty day moving average price of $284.27 and a two-hundred day moving average price of $267.00. Zscaler, Inc. has a one year low of $164.78 and a one year high of $319.89.

Zscaler (NASDAQ:ZS) last issued its earnings results on Tuesday, September 2nd. The company reported $0.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.80 by $0.09. Zscaler had a negative net margin of 1.55% and a negative return on equity of 0.47%. The business had revenue of $719.23 million during the quarter, compared to the consensus estimate of $707.15 million. During the same period last year, the business posted $0.88 EPS. Zscaler’s revenue was up 21.3% on a year-over-year basis. Zscaler has set its FY 2026 guidance at 3.640-3.680 EPS. Q1 2026 guidance at 0.850-0.860 EPS. As a group, equities analysts predict that Zscaler, Inc. will post -0.1 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on ZS shares. Morgan Stanley upgraded Zscaler from an “equal weight” rating to an “overweight” rating and lifted their price target for the company from $280.00 to $320.00 in a report on Tuesday, September 2nd. UBS Group reduced their price target on Zscaler from $365.00 to $350.00 and set a “buy” rating for the company in a research report on Wednesday, September 3rd. BTIG Research restated a “buy” rating on shares of Zscaler in a report on Thursday, July 10th. B. Riley initiated coverage on shares of Zscaler in a research note on Tuesday, August 26th. They issued a “neutral” rating and a $275.00 price objective for the company. Finally, Wells Fargo & Company raised shares of Zscaler from an “equal weight” rating to an “overweight” rating and boosted their target price for the stock from $260.00 to $385.00 in a research report on Friday, June 13th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Zscaler has a consensus rating of “Moderate Buy” and an average price target of $307.43.

Insiders Place Their Bets

In other Zscaler news, insider Robert Schlossman sold 7,006 shares of the firm’s stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $305.57, for a total transaction of $2,140,823.42. Following the completion of the sale, the insider owned 76,132 shares of the company’s stock, valued at $23,263,655.24. This trade represents a 8.43% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Raj Judge sold 4,524 shares of the firm’s stock in a transaction dated 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 of the company’s stock, valued at approximately $20,724,642.40. This represents a 5.77% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 39,884 shares of company stock valued at $11,406,825. Corporate insiders own 18.10% of the company’s stock.

About Zscaler

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.