Bay Colony Advisory Group Inc d b a Bay Colony Advisors Acquires New Stake in Zscaler, Inc. $ZS

Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new position in Zscaler, Inc. (NASDAQ:ZS) during the second quarter, HoldingsChannel reports. The institutional investor purchased 650 shares of the company’s stock, valued at approximately $204,000.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Parcion Private Wealth LLC boosted its stake in Zscaler by 3.3% in the 2nd quarter. Parcion Private Wealth LLC now owns 1,200 shares of the company’s stock worth $377,000 after buying an additional 38 shares during the last quarter. Secure Asset Management LLC boosted its stake in Zscaler by 1.8% in the 2nd quarter. Secure Asset Management LLC now owns 2,436 shares of the company’s stock worth $765,000 after buying an additional 43 shares during the last quarter. Tlwm boosted its stake in Zscaler by 1.0% in the 2nd quarter. Tlwm now owns 4,649 shares of the company’s stock worth $1,460,000 after buying an additional 44 shares during the last quarter. Earned Wealth Advisors LLC boosted its stake in Zscaler by 4.3% in the 2nd quarter. Earned Wealth Advisors LLC now owns 1,336 shares of the company’s stock worth $419,000 after buying an additional 55 shares during the last quarter. Finally, Emerald Advisers LLC boosted its stake in Zscaler by 1.9% in the 2nd quarter. Emerald Advisers LLC now owns 3,116 shares of the company’s stock worth $978,000 after buying an additional 57 shares during the last quarter. 46.45% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

ZS has been the topic of a number of research analyst reports. Rosenblatt Securities raised their price target on Zscaler from $315.00 to $330.00 and gave the stock a “buy” rating in a research note on Wednesday, September 3rd. Evercore ISI raised their price target on Zscaler from $290.00 to $320.00 and gave the stock an “outperform” rating in a research note on Wednesday, September 3rd. Zacks Research upgraded Zscaler from a “strong sell” rating to a “hold” rating in a report on Thursday, October 2nd. Needham & Company LLC restated a “buy” rating and issued a $350.00 price objective on shares of Zscaler in a report on Wednesday, September 3rd. Finally, Wall Street Zen downgraded Zscaler from a “buy” rating to a “hold” rating in a report on Saturday, October 18th. One equities research analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Zscaler has an average rating of “Moderate Buy” and a consensus target price of $310.14.

Zscaler Stock Performance

Zscaler stock opened at $331.14 on Friday. The stock’s 50 day moving average price is $295.75 and its 200 day moving average price is $280.35. The firm has a market capitalization of $52.42 billion, a PE ratio of -1,226.44 and a beta of 1.06. The company has a debt-to-equity ratio of 0.95, a quick ratio of 2.01 and a current ratio of 2.01. Zscaler, Inc. has a one year low of $164.78 and a one year high of $333.27.

Zscaler (NASDAQ:ZS) last released its quarterly earnings results on Tuesday, September 2nd. The company reported $0.89 EPS for the quarter, topping the consensus estimate of $0.80 by $0.09. The firm had revenue of $719.23 million for 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 revenue for the quarter was up 21.3% on a year-over-year basis. During the same period in the previous 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. As a group, sell-side analysts expect that Zscaler, Inc. will post -0.1 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CEO Jagtar Singh Chaudhry sold 2,865 shares of the business’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 $804,205.50. Following the transaction, the chief executive officer directly owned 350,700 shares of the company’s stock, valued at approximately $98,441,490. The trade was a 0.81% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP Raj Judge sold 4,524 shares of the business’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 value of $1,269,886.80. Following the transaction, the executive vice president directly owned 73,832 shares in the company, valued at $20,724,642.40. This trade represents a 5.77% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 43,084 shares of company stock valued at $12,446,825. Insiders own 18.10% of the company’s stock.

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.