Zscaler, Inc. $ZS Shares Purchased by SG Americas Securities LLC

SG Americas Securities LLC increased its stake in Zscaler, Inc. (NASDAQ:ZS) by 1,519.9% in the fourth quarter, Holdings Channel reports. The firm owned 116,128 shares of the company’s stock after purchasing an additional 108,959 shares during the period. SG Americas Securities LLC’s holdings in Zscaler were worth $26,120,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of the stock. Binnacle Investments Inc acquired a new position in Zscaler during the 3rd quarter valued at approximately $25,000. Tradewinds Capital Management LLC raised its holdings in shares of Zscaler by 145.7% in the third quarter. Tradewinds Capital Management LLC now owns 86 shares of the company’s stock worth $26,000 after buying an additional 51 shares during the last quarter. Root Financial Partners LLC acquired a new stake in shares of Zscaler during the third quarter worth $26,000. McIlrath & Eck LLC purchased a new stake in shares of Zscaler during the third quarter valued at $29,000. Finally, Picton Mahoney Asset Management purchased a new stake in shares of Zscaler during the third quarter valued at $30,000. Hedge funds and other institutional investors own 46.45% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on ZS. BMO Capital Markets reduced their target price on Zscaler from $315.00 to $210.00 and set an “outperform” rating for the company in a research note on Friday, February 27th. KeyCorp dropped their price target on Zscaler from $300.00 to $250.00 and set an “overweight” rating on the stock in a research note on Tuesday, February 17th. Stephens cut their price objective on Zscaler from $340.00 to $225.00 and set an “overweight” rating on the stock in a report on Monday, February 23rd. Piper Sandler reduced their price objective on Zscaler from $260.00 to $185.00 and set a “neutral” rating for the company in a research note on Friday, February 27th. Finally, Royal Bank Of Canada decreased their target price on Zscaler from $250.00 to $205.00 and set an “outperform” rating for the company in a report on Friday, February 27th. Two research analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $267.13.

Zscaler Price Performance

NASDAQ:ZS opened at $141.50 on Friday. The firm’s fifty day moving average is $172.15 and its two-hundred day moving average is $239.29. The firm has a market cap of $22.75 billion, a price-to-earnings ratio of -336.90 and a beta of 1.07. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.90 and a current ratio of 1.90. Zscaler, Inc. has a one year low of $137.60 and a one year high of $336.99.

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

Insider Activity at Zscaler

In other Zscaler news, insider Adam Geller sold 2,094 shares of the business’s stock in a transaction that occurred on Wednesday, March 18th. The stock was sold at an average price of $153.53, for a total value of $321,491.82. Following the completion of the transaction, the insider directly owned 46,949 shares of the company’s stock, valued at approximately $7,208,079.97. The trade was a 4.27% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Kevin Rubin sold 1,682 shares of the company’s stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $156.59, for a total value of $263,384.38. Following the completion of the sale, the chief financial officer owned 46,479 shares in the company, valued at approximately $7,278,146.61. This represents a 3.49% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 12,783 shares of company stock valued at $2,040,536 in the last 90 days. 17.20% of the stock is currently owned by corporate insiders.

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.