Red Spruce Capital LLC Acquires 3,533 Shares of Zscaler, Inc. $ZS

Posted by Brenda Bartman on Aug 7th, 2026

Red Spruce Capital LLC lifted its holdings in shares of Zscaler, Inc. (NASDAQ:ZS – Free Report) by 22.3% in the second quarter, HoldingsChannel.com reports. The fund owned 19,355 shares of the company’s stock after acquiring an additional 3,533 shares during the period. Red Spruce Capital LLC’s holdings in Zscaler were worth $2,732,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of ZS. Vanguard Group Inc. grew its stake in Zscaler by 0.5% in the 4th quarter. Vanguard Group Inc. now owns 11,423,424 shares of the company’s stock valued at $2,569,357,000 after purchasing an additional 55,521 shares during the period. First Trust Advisors LP boosted its holdings in shares of Zscaler by 36.2% in the 1st quarter. First Trust Advisors LP now owns 3,518,678 shares of the company’s stock worth $493,635,000 after buying an additional 935,781 shares during the last quarter. Price T Rowe Associates Inc. MD grew its position in Zscaler by 43.3% during 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 buying an additional 777,414 shares during the period. State Street Corp grew 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 buying an additional 77,800 shares during the period. Finally, Geode Capital Management LLC increased its holdings in Zscaler by 5.0% during the fourth quarter. Geode Capital Management LLC now owns 2,069,630 shares of the company’s stock worth $464,783,000 after buying an additional 98,140 shares during the last quarter. 46.45% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Zscaler

In other Zscaler news, insider Adam Geller sold 2,817 shares of the business’s stock in a transaction on Monday, June 22nd. The shares were sold at an average price of $122.60, for a total transaction of $345,364.20. Following the sale, the insider owned 42,314 shares of the company’s stock, valued at $5,187,696.40. The trade was a 6.24% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available 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 stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $126.43, for a total value of $363,865.54. Following the sale, the chief executive officer owned 343,038 shares in the company, valued at approximately $43,370,294.34. This represents 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 have sold 16,269 shares of company stock valued at $2,052,589. 17.20% of the stock is owned by corporate insiders.

Zscaler Price Performance

NASDAQ ZS opened at $162.60 on Friday. The company has a market cap of $26.29 billion, a PE ratio of -338.74, a price-to-earnings-growth ratio of 58.18 and a beta of 0.94. Zscaler, Inc. has a 52 week low of $114.63 and a 52 week high of $336.99. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.72. The firm’s 50-day simple moving average is $140.92 and its two-hundred day simple moving average is $152.39.

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 analysts’ consensus estimates of $1.01 by $0.07. The firm had revenue of $850.48 million during the quarter, compared to analyst estimates of $835.14 million. Zscaler had a negative net margin of 2.44% and a negative return on equity of 0.37%. The company’s quarterly revenue was up 25.4% on a year-over-year basis. During the same quarter last year, the business earned $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. Research analysts predict that Zscaler, Inc. will post 0.12 earnings per share for the current year.

Wall Street Analyst Weigh In

Several analysts have commented on ZS shares. FBN Securities reaffirmed an “outperform” rating and issued a $175.00 price objective on shares of Zscaler in a research report on Wednesday, May 27th. Berenberg Bank set a $200.00 target price on shares of Zscaler in a research report on Thursday, May 28th. Stifel Nicolaus decreased their price target on shares of Zscaler from $180.00 to $175.00 and set a “buy” rating for the company in a research note on Wednesday, May 27th. Barclays lowered their price target on shares of Zscaler from $180.00 to $170.00 and set an “overweight” rating on the stock in a report on Wednesday, May 27th. Finally, Morgan Stanley dropped their price objective on Zscaler from $155.00 to $145.00 and set an “equal weight” rating on the stock in a research note on Wednesday, May 27th. Thirty-four analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Zscaler presently has an average rating of “Moderate Buy” and an average target price of $214.21.

View Our Latest Stock Report on Zscaler

Zscaler Profile

(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.