Zscaler, Inc. $ZS Stock Holdings Increased by Howe & Rusling Inc.

Howe & Rusling Inc. raised its holdings in shares of Zscaler, Inc. (NASDAQ:ZS) by 17.1% during the 1st quarter, Holdings Channel reports. The fund owned 24,672 shares of the company’s stock after purchasing an additional 3,611 shares during the period. Howe & Rusling Inc.’s holdings in Zscaler were worth $4,895,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently added to or reduced their stakes in ZS. Ethic Inc. raised its stake in Zscaler by 5.3% during the 4th quarter. Ethic Inc. now owns 4,141 shares of the company’s stock valued at $747,000 after acquiring an additional 207 shares in the last quarter. Occudo Quantitative Strategies LP bought a new stake in shares of Zscaler in the 4th quarter worth $666,000. Nissay Asset Management Corp Japan ADV raised its stake in shares of Zscaler by 8.8% in the 4th quarter. Nissay Asset Management Corp Japan ADV now owns 26,608 shares of the company’s stock worth $4,911,000 after buying an additional 2,141 shares in the last quarter. Quantinno Capital Management LP raised its stake in shares of Zscaler by 26.8% in the 4th quarter. Quantinno Capital Management LP now owns 16,672 shares of the company’s stock worth $3,008,000 after buying an additional 3,528 shares in the last quarter. Finally, Raiffeisen Bank International AG bought a new stake in shares of Zscaler in the 4th quarter worth $5,661,000. Institutional investors own 46.45% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently commented on ZS shares. Evercore ISI boosted their price objective on Zscaler from $290.00 to $320.00 and gave the stock an “outperform” rating in a research note on Wednesday, September 3rd. BMO Capital Markets boosted their price objective on Zscaler from $295.00 to $315.00 and gave the stock an “outperform” rating in a research note on Wednesday, September 3rd. FBN Securities raised Zscaler to a “strong-buy” rating in a research note on Friday, May 30th. Stifel Nicolaus boosted their price objective on Zscaler from $295.00 to $330.00 and gave the stock a “buy” rating in a research note on Wednesday, September 3rd. Finally, Oppenheimer boosted their price objective on Zscaler from $290.00 to $345.00 and gave the stock an “outperform” rating in a research note on Friday, June 6th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $307.00.

Zscaler Stock Up 2.8%

Shares of NASDAQ ZS opened at $286.66 on Friday. Zscaler, Inc. has a 52-week low of $162.00 and a 52-week high of $318.46. The stock has a market capitalization of $44.63 billion, a price-to-earnings ratio of -1,061.70 and a beta of 1.05. The stock’s fifty day simple moving average is $282.97 and its 200 day simple moving average is $253.04.

Zscaler (NASDAQ:ZS) last announced its quarterly earnings data on Tuesday, September 2nd. The company reported $0.89 earnings per share (EPS) for the quarter, topping 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 return on equity of 0.49% and a negative net margin of 1.55%.The business’s revenue for the quarter was up 21.3% on a year-over-year basis. During the same period in the prior year, the business 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. As a group, analysts anticipate that Zscaler, Inc. will post -0.1 earnings per share for the current year.

Insider Transactions at Zscaler

In related news, CEO Jagtar Singh Chaudhry sold 2,849 shares of the stock in a transaction dated Tuesday, June 17th. The stock was sold at an average price of $303.70, for a total value of $865,241.30. Following the completion of the sale, the chief executive officer directly owned 353,565 shares of the company’s stock, valued at approximately $107,377,690.50. This represents a 0.80% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Raj Judge sold 2,957 shares of the stock in a transaction dated Tuesday, June 17th. The stock was sold at an average price of $303.70, for a total value of $898,040.90. Following the completion of the sale, the executive vice president directly owned 76,289 shares of the company’s stock, valued at approximately $23,168,969.30. This represents a 3.73% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 23,305 shares of company stock worth $7,093,136. 18.10% of the stock is currently owned by company insiders.

Zscaler 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.