Munich Reinsurance Co Stock Corp in Munich decreased its position in shares of Zscaler, Inc. (NASDAQ:ZS – Free Report) by 15.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 19,978 shares of the company’s stock after selling 3,649 shares during the quarter. Munich Reinsurance Co Stock Corp in Munich’s holdings in Zscaler were worth $2,803,000 at the end of the most recent reporting period.
A number of other large investors have also recently bought and sold shares of the company. Groupama Asset Managment boosted its position in shares of Zscaler by 76,352.6% during the 3rd 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. Price T Rowe Associates Inc. MD increased its stake in shares of Zscaler by 43.3% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 2,572,358 shares of the company’s stock valued at $578,576,000 after purchasing an additional 777,414 shares during the last quarter. AQR Capital Management LLC raised its holdings in shares of Zscaler by 61.8% during the 3rd quarter. AQR Capital Management LLC now owns 1,941,571 shares of the company’s stock worth $576,083,000 after buying an additional 741,756 shares in the last quarter. Pictet Asset Management Holding SA raised its holdings in shares of Zscaler by 52.5% during the 1st quarter. Pictet Asset Management Holding SA now owns 1,920,540 shares of the company’s stock worth $269,285,000 after buying an additional 661,413 shares in the last quarter. Finally, Alyeska Investment Group L.P. acquired a new position in shares of Zscaler during the 3rd quarter worth $109,440,000. 46.45% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several analysts recently weighed in on the company. FBN Securities reaffirmed an “outperform” rating and issued a $175.00 price objective on shares of Zscaler in a research note on Wednesday, May 27th. Wells Fargo & Company lowered their target price on Zscaler from $210.00 to $180.00 and set an “overweight” rating for the company in a research note on Thursday, May 28th. UBS Group dropped their target price on shares of Zscaler from $260.00 to $225.00 and set a “buy” rating for the company in a report on Wednesday, May 27th. The Goldman Sachs Group restated a “neutral” rating and issued a $179.00 price target on shares of Zscaler in a research note on Wednesday, May 27th. Finally, JPMorgan Chase & Co. decreased their price target on shares of Zscaler from $250.00 to $205.00 and set an “overweight” rating on the stock in a report on Wednesday, May 27th. Thirty-four equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $213.97.
Zscaler Stock Performance
Shares of ZS stock opened at $147.12 on Friday. The firm has a market capitalization of $23.79 billion, a price-to-earnings ratio of -306.49, a PEG ratio of 82.26 and a beta of 0.96. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.72. The business’s 50-day moving average price is $143.30 and its 200-day moving average price is $162.71. 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 quarterly earnings data on Tuesday, May 26th. The company reported $1.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.01 by $0.07. The company had revenue of $850.48 million during the quarter, compared to the consensus estimate of $835.14 million. Zscaler had a negative return on equity of 0.37% and a negative net margin of 2.44%.The firm’s revenue was up 25.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.84 earnings per share. 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 forecast that Zscaler, Inc. will post 0.12 EPS for the current year.
Insider Buying and Selling at Zscaler
In other Zscaler news, CFO Kevin Rubin sold 3,000 shares of the company’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 completion of the transaction, the chief financial officer directly owned 41,901 shares in the company, valued at approximately $5,204,942.22. This represents a 6.68% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jagtar Singh Chaudhry sold 2,878 shares of the firm’s stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $126.43, for a total transaction of $363,865.54. Following the transaction, the chief executive officer directly owned 343,038 shares of the company’s stock, valued at $43,370,294.34. The trade was a 0.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders sold 15,766 shares of company stock valued at $1,978,587. 17.20% of the stock is owned by insiders.
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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