Zscaler, Inc. $ZS Shares Sold by Tredje AP fonden

Tredje AP fonden cut its holdings in shares of Zscaler, Inc. (NASDAQ:ZS) by 92.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,840 shares of the company’s stock after selling 99,250 shares during the period. Tredje AP fonden’s holdings in Zscaler were worth $2,461,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in ZS. Brookstone Capital Management acquired a new stake in Zscaler in the second quarter worth approximately $283,000. Parisi Gray Wealth Management acquired a new stake in shares of Zscaler in the second quarter valued at $801,000. GGM Financials LLC acquired a new stake in shares of Zscaler in the second quarter valued at $5,811,000. GAMMA Investing LLC lifted its holdings in Zscaler by 43.1% in the 1st quarter. GAMMA Investing LLC now owns 641 shares of the company’s stock valued at $127,000 after acquiring an additional 193 shares during the last quarter. Finally, Howe & Rusling Inc. lifted its holdings in Zscaler by 17.1% in the 1st quarter. Howe & Rusling Inc. now owns 24,672 shares of the company’s stock valued at $4,895,000 after acquiring an additional 3,611 shares during the last quarter. 46.45% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on ZS. Royal Bank Of Canada upped their price target on shares of Zscaler from $335.00 to $350.00 and gave the company an “outperform” rating in a report on Thursday, October 2nd. Weiss Ratings reissued a “sell (d-)” rating on shares of Zscaler in a research note on Wednesday, October 8th. Susquehanna increased their price objective on Zscaler from $320.00 to $340.00 and gave the company a “positive” rating in a research report on Wednesday, September 3rd. Rosenblatt Securities increased their price objective on Zscaler from $315.00 to $330.00 and gave the company a “buy” rating in a research report on Wednesday, September 3rd. Finally, KeyCorp increased their price objective on Zscaler from $345.00 to $350.00 and gave the company an “overweight” rating in a research report on Wednesday, September 3rd. One research analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $310.14.

Zscaler Price Performance

NASDAQ ZS opened at $331.14 on Monday. The firm has a market capitalization of $52.42 billion, a price-to-earnings ratio of -1,226.44 and a beta of 1.06. Zscaler, Inc. has a 52-week low of $164.78 and a 52-week high of $333.27. The company has a debt-to-equity ratio of 0.95, a current ratio of 2.01 and a quick ratio of 2.01. The company has a 50 day simple moving average of $295.75 and a 200-day simple moving average of $280.89.

Zscaler (NASDAQ:ZS) last issued its 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 the consensus estimate of $707.15 million. During the same quarter in the previous year, the company posted $0.88 earnings per share. The business’s quarterly revenue was up 21.3% compared to the same quarter last year. 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 predict that Zscaler, Inc. will post -0.1 earnings per share for the current fiscal year.

Insider Transactions at Zscaler

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 value of $804,205.50. Following the completion of the sale, the chief executive officer 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 sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Raj Judge sold 4,524 shares of the firm’s stock in a transaction that occurred on Tuesday, September 16th. The shares were sold at an average price of $280.70, for a total transaction of $1,269,886.80. Following the transaction, the executive vice president directly owned 73,832 shares in the company, valued at approximately $20,724,642.40. The trade was a 5.77% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 43,084 shares of company stock worth $12,446,825. 18.10% of the stock is owned by corporate insiders.

Zscaler Company 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.