Tredje AP fonden Has $3.68 Million Holdings in Zscaler, Inc. $ZS

Tredje AP fonden grew its holdings in Zscaler, Inc. (NASDAQ:ZS) by 56.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 12,268 shares of the company’s stock after purchasing an additional 4,428 shares during the quarter. Tredje AP fonden’s holdings in Zscaler were worth $3,676,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of ZS. Tradewinds Capital Management LLC lifted its holdings in Zscaler by 145.7% in the third quarter. Tradewinds Capital Management LLC now owns 86 shares of the company’s stock valued at $26,000 after buying an additional 51 shares during the period. Root Financial Partners LLC bought a new stake in shares of Zscaler during the 3rd quarter valued at $26,000. McIlrath & Eck LLC acquired a new position in shares of Zscaler in the 3rd quarter valued at $29,000. Quaker Wealth Management LLC boosted its position in shares of Zscaler by 200.0% in the 2nd quarter. Quaker Wealth Management LLC now owns 97 shares of the company’s stock worth $30,000 after purchasing an additional 194 shares during the last quarter. Finally, E Fund Management Hong Kong Co. Ltd. grew its stake in shares of Zscaler by 81.9% during the third quarter. E Fund Management Hong Kong Co. Ltd. now owns 131 shares of the company’s stock worth $39,000 after purchasing an additional 59 shares during the period. Institutional investors and hedge funds own 46.45% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have weighed in on ZS. JPMorgan Chase & Co. cut their target price on Zscaler from $354.00 to $267.00 and set an “overweight” rating on the stock in a research note on Friday. HC Wainwright reiterated a “buy” rating on shares of Zscaler in a research report on Wednesday, November 26th. UBS Group decreased their price objective on shares of Zscaler from $350.00 to $340.00 and set a “buy” rating for the company in a report on Wednesday, November 26th. Mizuho lowered their target price on shares of Zscaler from $310.00 to $265.00 and set an “outperform” rating for the company in a research note on Tuesday. Finally, Piper Sandler cut their target price on shares of Zscaler from $280.00 to $260.00 and set a “neutral” rating on the stock in a report on Monday, January 5th. One analyst has rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $304.78.

Insider Buying and Selling

In other Zscaler news, insider Robert Schlossman sold 2,349 shares of the business’s stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of $232.79, for a total value of $546,823.71. Following the sale, the insider owned 74,653 shares in the company, valued at approximately $17,378,471.87. The trade was a 3.05% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Raj Judge sold 3,438 shares of the company’s stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $230.82, for a total value of $793,559.16. Following the transaction, the executive vice president directly owned 70,394 shares of the company’s stock, valued at approximately $16,248,343.08. This trade represents a 4.66% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 19,350 shares of company stock valued at $4,471,509. Corporate insiders own 17.20% of the company’s stock.

Zscaler News Roundup

Here are the key news stories impacting Zscaler this week:

• Positive Sentiment: Zscaler and Bharti Airtel launched an AI & Cyber Threat Research Center in India, expanding ZS’s local presence, channel engagement and potential enterprise/government pipeline in a fast-growing market. Article Title
• Positive Sentiment: Zscaler’s Z‑Flex bookings jumped ~70% sequentially to $175M in Q1 FY26 — a sign of larger, multi‑year deals that could boost revenue visibility and margin leverage over time. Article Title
• Positive Sentiment: Management is pushing an AI security suite to address rising enterprise AI risks — product innovation that supports upsell opportunities and differentiates ZS’s platform approach. Article Title
• Neutral Sentiment: India is debating new cyber rules amid growing AI-driven threats; regulatory change could increase enterprise security spending but also introduce compliance complexity. This is a macro/regulatory factor to monitor for regional demand. Article Title
• Neutral Sentiment: JPMorgan cut its price target for ZS from $354 to $267 but kept an Overweight rating — a sizable PT reduction that tempers upside expectations while still signaling conviction in the name. Article Title
• Neutral Sentiment: Comparisons with peers (e.g., Qualys) highlight valuation and execution tradeoffs: ZS’s faster growth vs. some peers’ steadier margins and cheaper multiples — useful context for relative positioning. Article Title
• Negative Sentiment: Analyst note (Seeking Alpha summary) warns Cloudflare is taking share on RPO growth and net retention, and that Palo Alto’s M&A momentum intensifies competition — heightening investor fear of share loss and margin pressure. Article Title
• Negative Sentiment: Truist lowered expectations for Zscaler, adding to a string of cautious analyst notes that have pressured sentiment despite recent beat-and-raise results. Article Title

Zscaler Stock Performance

Shares of ZS opened at $159.75 on Friday. The firm has a market cap of $25.48 billion, a P/E ratio of -614.40, a PEG ratio of 325.66 and a beta of 1.02. Zscaler, Inc. has a twelve month low of $159.66 and a twelve month high of $336.99. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.82 and a current ratio of 1.82. The firm’s 50 day moving average price is $206.73 and its two-hundred day moving average price is $259.36.

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

Zscaler Profile

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.