Stance Capital LLC Invests $1.42 Million in Zscaler, Inc. $ZS

Stance Capital LLC acquired a new stake in shares of Zscaler, Inc. (NASDAQ:ZS) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 4,745 shares of the company’s stock, valued at approximately $1,422,000.

A number of other large investors also recently bought and sold shares of ZS. Federated Hermes Inc. boosted its position in Zscaler by 314.0% during the 2nd quarter. Federated Hermes Inc. now owns 1,171,983 shares of the company’s stock valued at $367,932,000 after acquiring an additional 888,888 shares in the last quarter. Vanguard Group Inc. increased its holdings in shares of Zscaler by 8.3% in the 2nd quarter. Vanguard Group Inc. now owns 10,715,132 shares of the company’s stock valued at $3,363,909,000 after acquiring an additional 824,626 shares during the period. AQR Capital Management LLC raised its position in shares of Zscaler by 61.8% in the 3rd quarter. AQR Capital Management LLC now owns 1,941,571 shares of the company’s stock worth $576,083,000 after acquiring an additional 741,756 shares in the last quarter. Alyeska Investment Group L.P. bought a new position in shares of Zscaler in the 3rd quarter worth $109,440,000. Finally, Skandinaviska Enskilda Banken AB publ lifted its stake in shares of Zscaler by 167.7% during the 2nd quarter. Skandinaviska Enskilda Banken AB publ now owns 421,393 shares of the company’s stock worth $132,250,000 after purchasing an additional 263,982 shares during the last quarter. Institutional investors own 46.45% of the company’s stock.

Insider Buying and Selling

In related news, Director James A. Beer sold 653 shares of Zscaler stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $226.72, for a total value of $148,048.16. Following the completion of the sale, the director directly owned 3,485 shares in the company, valued at $790,119.20. This trade represents a 15.78% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 17.20% of the stock is owned by company insiders.

Zscaler Trading Up 1.5%

Shares of NASDAQ:ZS opened at $156.00 on Wednesday. The business’s 50-day moving average is $181.98 and its 200 day moving average is $244.98. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.90 and a quick ratio of 1.90. Zscaler, Inc. has a 1 year low of $140.56 and a 1 year high of $336.99. The firm has a market capitalization of $25.08 billion, a P/E ratio of -371.43 and a beta of 1.07.

Zscaler (NASDAQ:ZS) last issued its quarterly earnings results on Thursday, February 26th. The company reported $1.01 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.12. Zscaler had a positive return on equity of 0.06% and a negative net margin of 2.25%.The business had revenue of $815.75 million during the quarter, compared to the consensus estimate of $798.92 million. During the same quarter last year, the company earned $0.78 earnings per share. The company’s quarterly revenue was up 25.9% on a year-over-year basis. Zscaler has set its Q3 2026 guidance at 1.000-1.010 EPS and its FY 2026 guidance at 3.990-4.020 EPS. On average, research analysts predict that Zscaler, Inc. will post -0.1 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

ZS has been the topic of a number of recent research reports. BTIG Research dropped their price objective on Zscaler from $365.00 to $209.00 and set a “buy” rating on the stock in a research report on Tuesday, February 24th. Oppenheimer reduced their target price on shares of Zscaler from $280.00 to $250.00 and set an “outperform” rating for the company in a report on Tuesday, March 10th. Needham & Company LLC decreased their price target on shares of Zscaler from $310.00 to $180.00 and set a “buy” rating for the company in a research report on Friday, February 27th. BMO Capital Markets lowered their price target on shares of Zscaler from $315.00 to $210.00 and set an “outperform” rating on the stock in a report on Friday, February 27th. Finally, Robert W. Baird cut their price objective on shares of Zscaler from $360.00 to $300.00 and set an “outperform” rating on the stock in a research report on Monday, February 23rd. Two investment analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Zscaler currently has a consensus rating of “Moderate Buy” and a consensus target price of $267.13.

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.