Lmcg Investments LLC Boosts Stake in Zscaler, Inc. $ZS

Lmcg Investments LLC raised its holdings in shares of Zscaler, Inc. (NASDAQ:ZS) by 2.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 19,728 shares of the company’s stock after buying an additional 544 shares during the quarter. Lmcg Investments LLC’s holdings in Zscaler were worth $6,193,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of ZS. ORG Partners LLC boosted its holdings in shares of Zscaler by 284.8% in the 1st quarter. ORG Partners LLC now owns 127 shares of the company’s stock worth $26,000 after purchasing an additional 94 shares in the last quarter. SVB Wealth LLC purchased a new position in shares of Zscaler in the 1st quarter worth about $26,000. Goodman Advisory Group LLC purchased a new position in shares of Zscaler in the 1st quarter worth about $29,000. N.E.W. Advisory Services LLC purchased a new position in shares of Zscaler in the 1st quarter worth about $29,000. Finally, CVA Family Office LLC boosted its holdings in shares of Zscaler by 120.3% in the 1st quarter. CVA Family Office LLC now owns 152 shares of the company’s stock worth $30,000 after purchasing an additional 83 shares in the last quarter. 46.45% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Zscaler news, 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 completion of the transaction, the executive vice president owned 73,832 shares of the company’s stock, valued at $20,724,642.40. This represents a 5.77% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Jagtar Singh Chaudhry sold 2,865 shares of the stock in a transaction that occurred on Tuesday, September 16th. The stock was 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 directly owned 350,700 shares of the company’s stock, valued at $98,441,490. This represents a 0.81% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 39,884 shares of company stock worth $11,406,825. 18.10% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on ZS shares. B. Riley started coverage on Zscaler in a report on Tuesday, August 26th. They issued a “neutral” rating and a $275.00 price objective for the company. Scotiabank lowered their target price on Zscaler from $360.00 to $334.00 and set a “sector outperform” rating for the company in a research note on Wednesday, September 3rd. Rosenblatt Securities boosted their target price on Zscaler from $315.00 to $330.00 and gave the company a “buy” rating in a research note on Wednesday, September 3rd. Wall Street Zen raised Zscaler from a “hold” rating to a “buy” rating in a research note on Sunday, September 7th. Finally, Royal Bank Of Canada boosted their target price on Zscaler from $335.00 to $350.00 and gave the company an “outperform” rating in a research note on Thursday, October 2nd. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Zscaler has an average rating of “Moderate Buy” and a consensus target price of $307.43.

Zscaler Trading Down 1.7%

ZS opened at $309.88 on Friday. The business has a 50 day simple moving average of $284.27 and a two-hundred day simple moving average of $267.00. The firm has a market capitalization of $49.05 billion, a price-to-earnings 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. Zscaler, Inc. has a one year low of $164.78 and a one year high of $319.89.

Zscaler (NASDAQ:ZS) last released its quarterly earnings results on Tuesday, September 2nd. The company reported $0.89 EPS for the quarter, beating analysts’ consensus estimates of $0.80 by $0.09. The business had revenue of $719.23 million during the quarter, compared to analyst estimates of $707.15 million. Zscaler had a negative return on equity of 0.47% and a negative net margin of 1.55%.Zscaler’s quarterly revenue was up 21.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $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. Analysts predict that Zscaler, Inc. will post -0.1 EPS for the current year.

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.