ING Groep NV Has $346,000 Position in Zscaler, Inc. $ZS

ING Groep NV cut its holdings in shares of Zscaler, Inc. (NASDAQ:ZS) by 75.1% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,156 shares of the company’s stock after selling 3,479 shares during the quarter. ING Groep NV’s holdings in Zscaler were worth $346,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of ZS. Integrated Wealth Concepts LLC increased its position in shares of Zscaler by 19.9% in the first quarter. Integrated Wealth Concepts LLC now owns 1,439 shares of the company’s stock valued at $285,000 after acquiring an additional 239 shares during the last quarter. NewEdge Advisors LLC grew its stake in Zscaler by 8.2% in the first quarter. NewEdge Advisors LLC now owns 4,899 shares of the company’s stock valued at $972,000 after purchasing an additional 370 shares in the last quarter. Empowered Funds LLC increased its position in shares of Zscaler by 9.2% during the 1st quarter. Empowered Funds LLC now owns 2,811 shares of the company’s stock worth $558,000 after purchasing an additional 238 shares during the last quarter. Sivia Capital Partners LLC bought a new stake in shares of Zscaler during the 2nd quarter worth approximately $252,000. Finally, Inspire Investing LLC bought a new stake in shares of Zscaler during the 2nd quarter worth approximately $254,000. Institutional investors own 46.45% of the company’s stock.

Zscaler Stock Performance

ZS opened at $177.72 on Friday. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.82 and a quick ratio of 1.82. The business has a fifty day simple moving average of $213.90 and a 200 day simple moving average of $263.35. Zscaler, Inc. has a 1 year low of $162.87 and a 1 year high of $336.99. The company has a market capitalization of $28.34 billion, a PE ratio of -683.51, a price-to-earnings-growth ratio of 362.29 and a beta of 1.02.

Zscaler (NASDAQ:ZS) last posted its quarterly earnings data on Tuesday, November 25th. The company reported $0.96 earnings per share for the quarter, topping the consensus estimate of $0.85 by $0.11. The firm had revenue of $788.11 million for the quarter, compared to analysts’ expectations of $773.86 million. Zscaler had a negative return on equity of 0.12% and a negative net margin of 1.45%.The company’s quarterly revenue was up 25.5% compared to the same quarter last year. During the same quarter last year, the business earned $0.77 EPS. Zscaler has set its FY 2026 guidance at 3.780-3.820 EPS and its Q2 2026 guidance at 0.890-0.900 EPS. Research analysts expect that Zscaler, Inc. will post -0.1 EPS for the current year.

Insider Activity

In other news, insider Robert Schlossman sold 3,084 shares of the firm’s stock in a transaction that occurred on Tuesday, December 16th. The shares were sold at an average price of $230.82, for a total transaction of $711,848.88. Following the transaction, the insider directly owned 77,002 shares of the company’s stock, valued at approximately $17,773,601.64. This trade represents a 3.85% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Adam Geller sold 2,060 shares of the business’s stock in a transaction that occurred on Tuesday, December 16th. The shares were sold at an average price of $230.82, for a total value of $475,489.20. Following the completion of the sale, the insider owned 52,148 shares of the company’s stock, valued at approximately $12,036,801.36. This trade represents a 3.80% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 19,350 shares of company stock worth $4,471,509. Insiders own 17.20% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on ZS shares. Needham & Company LLC decreased their target price on shares of Zscaler from $350.00 to $310.00 and set a “buy” rating for the company in a research note on Wednesday, November 26th. Sanford C. Bernstein raised shares of Zscaler from a “market perform” rating to an “outperform” rating and set a $228.00 price objective for the company in a research report on Friday. Citigroup dropped their target price on shares of Zscaler from $350.00 to $305.00 and set a “buy” rating on the stock in a report on Tuesday, January 13th. Robert W. Baird raised their target price on shares of Zscaler from $350.00 to $360.00 and gave the company an “outperform” rating in a research note on Wednesday, November 26th. Finally, Macquarie Infrastructure began coverage on Zscaler in a research report on Friday, October 31st. They set an “outperform” rating and a $390.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $315.63.

About Zscaler

Zscaler is a cloud security company that delivers a cloud-native platform to protect users, applications and data as organizations move away from traditional, network-centric security architectures. The company focuses on a zero trust approach that assumes no implicit trust for users or devices, providing secure access to the internet, SaaS applications and private applications regardless of where users are located. Zscaler positions its services as an alternative to legacy appliances and site-centric VPNs, aiming to simplify security while enabling modern, distributed workforces.

Key offerings are built around the Zscaler Zero Trust Exchange, a multi-tenant cloud platform that enforces security and access policies in-line.