Axxcess Wealth Management LLC Invests $314,000 in Zscaler, Inc. $ZS

Axxcess Wealth Management LLC bought a new position in shares of Zscaler, Inc. (NASDAQ:ZS) during the 2nd quarter, HoldingsChannel reports. The fund bought 1,000 shares of the company’s stock, valued at approximately $314,000.

Several other large investors also recently modified their holdings of the stock. Vanguard Group Inc. grew its holdings in shares of Zscaler by 3.1% during the 1st quarter. Vanguard Group Inc. now owns 9,890,506 shares of the company’s stock worth $1,962,474,000 after purchasing an additional 294,034 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in Zscaler by 23.4% in the first quarter. Goldman Sachs Group Inc. now owns 3,048,238 shares of the company’s stock valued at $604,831,000 after buying an additional 578,883 shares in the last quarter. T. Rowe Price Investment Management Inc. acquired a new stake in Zscaler in the first quarter valued at about $516,622,000. AQR Capital Management LLC boosted its stake in Zscaler by 23.6% in the first quarter. AQR Capital Management LLC now owns 1,191,930 shares of the company’s stock valued at $234,715,000 after buying an additional 227,899 shares in the last quarter. Finally, Nuveen LLC acquired a new stake in Zscaler in the first quarter valued at about $153,340,000. 46.45% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, insider Adam Geller sold 11,193 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 $3,141,875.10. Following the completion of the transaction, the insider directly owned 53,942 shares in the company, valued at $15,141,519.40. This trade represents a 17.18% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Robert Schlossman sold 7,006 shares of the firm’s stock in a transaction dated Thursday, October 2nd. The stock was sold at an average price of $305.57, for a total value of $2,140,823.42. Following the transaction, 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 ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 39,884 shares of company stock valued at $11,406,825 over the last three months. 18.10% of the stock is owned by insiders.

Zscaler Stock Performance

Shares of ZS stock opened at $300.25 on Friday. The business’s 50-day moving average price is $286.62 and its 200-day moving average price is $270.81. Zscaler, Inc. has a 12 month low of $164.78 and a 12 month high of $319.89. The firm has a market capitalization of $47.53 billion, a price-to-earnings ratio of -1,112.04 and a beta of 1.06. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.95.

Zscaler (NASDAQ:ZS) last announced 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. Zscaler had a negative return on equity of 0.47% and a negative net margin of 1.55%.The firm had revenue of $719.23 million for the quarter, compared to analyst estimates of $707.15 million. During the same period last year, the firm posted $0.88 earnings per share. The business’s revenue for the quarter 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. Equities research analysts forecast that Zscaler, Inc. will post -0.1 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on ZS. Rosenblatt Securities raised their price objective on Zscaler from $315.00 to $330.00 and gave the company a “buy” rating in a research note on Wednesday, September 3rd. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Zscaler in a research note on Wednesday, October 8th. Guggenheim reaffirmed a “neutral” rating on shares of Zscaler in a research note on Wednesday, September 3rd. JMP Securities reaffirmed a “market outperform” rating and issued a $355.00 price objective on shares of Zscaler in a research note on Wednesday, September 3rd. Finally, Canaccord Genuity Group raised their price objective on Zscaler from $320.00 to $340.00 and gave the company a “buy” rating in a research note on Thursday, September 4th. One 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 issued a Sell rating to the company. According to MarketBeat, Zscaler has a consensus rating of “Moderate Buy” and an average target price of $307.43.

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.