Zscaler, Inc. $ZS Stake Lessened by Penserra Capital Management LLC

Penserra Capital Management LLC cut its holdings in shares of Zscaler, Inc. (NASDAQ:ZS) by 19.0% during the second quarter, Holdings Channel.com reports. The fund owned 365,993 shares of the company’s stock after selling 85,922 shares during the period. Zscaler comprises approximately 1.6% of Penserra Capital Management LLC’s holdings, making the stock its 9th biggest position. Penserra Capital Management LLC’s holdings in Zscaler were worth $114,898,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of ZS. SVB Wealth LLC acquired a new stake in Zscaler in the first quarter valued at approximately $26,000. N.E.W. Advisory Services LLC acquired a new position in shares of Zscaler during the 1st quarter worth approximately $29,000. Quaker Wealth Management LLC lifted its position in shares of Zscaler by 200.0% during the 2nd quarter. Quaker Wealth Management LLC now owns 97 shares of the company’s stock valued at $30,000 after buying an additional 194 shares in the last quarter. Exane Asset Management grew its stake in Zscaler by 185.7% in the 2nd quarter. Exane Asset Management now owns 100 shares of the company’s stock valued at $31,000 after acquiring an additional 65 shares during the period. Finally, Whittier Trust Co. purchased a new stake in Zscaler in the 1st quarter worth $33,000. Institutional investors and hedge funds own 46.45% of the company’s stock.

Zscaler Trading Up 0.7%

ZS opened at $320.01 on Friday. The firm has a market capitalization of $50.66 billion, a price-to-earnings ratio of -1,185.22 and a beta of 1.06. The company’s 50 day simple moving average is $300.92 and its two-hundred day simple moving average is $284.15. Zscaler, Inc. has a 1-year low of $164.78 and a 1-year high of $336.99. 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 (NASDAQ:ZS) last posted its quarterly earnings results on Tuesday, September 2nd. The company reported $0.89 earnings per share (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 business had revenue of $719.23 million during the quarter, compared to analyst estimates of $707.15 million. During the same period in the prior year, the business earned $0.88 earnings per share. The business’s 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. Analysts expect that Zscaler, Inc. will post -0.1 EPS for the current fiscal year.

Analysts Set New Price Targets

ZS has been the topic of several recent analyst reports. JMP Securities reaffirmed a “market outperform” rating and set a $355.00 price objective on shares of Zscaler in a report on Wednesday, September 3rd. Wedbush restated an “outperform” rating and set a $330.00 price target on shares of Zscaler in a research report on Wednesday, September 3rd. Guggenheim reiterated a “neutral” rating on shares of Zscaler in a report 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. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Zscaler in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $310.14.

Insider Buying and Selling

In other Zscaler news, insider Robert Schlossman sold 3,200 shares of the firm’s stock in a transaction on Friday, October 24th. The stock was sold at an average price of $325.00, for a total value of $1,040,000.00. Following the completion of the sale, the insider directly owned 80,086 shares of the company’s stock, valued at $26,027,950. This trade represents a 3.84% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Raj Judge sold 4,524 shares of the business’s stock in a transaction dated 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 SEC filing for this sale provides additional information. Insiders sold 43,084 shares of company stock valued at $12,446,825 over the last 90 days. 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.