4,700 Shares in Zscaler, Inc. $ZS Bought by Nano Cap New Millennium Growth Fund L P

Nano Cap New Millennium Growth Fund L P acquired a new position in Zscaler, Inc. (NASDAQ:ZS) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 4,700 shares of the company’s stock, valued at approximately $1,057,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Westpac Banking Corp lifted its position in Zscaler by 919.0% during the 3rd quarter. Westpac Banking Corp now owns 9,986 shares of the company’s stock worth $2,992,000 after acquiring an additional 9,006 shares during the last quarter. Korea Investment CORP lifted its position in Zscaler by 24.0% during the 3rd quarter. Korea Investment CORP now owns 98,370 shares of the company’s stock worth $29,478,000 after acquiring an additional 19,026 shares during the last quarter. Vinva Investment Management Ltd lifted its position in Zscaler by 136.1% during the 3rd quarter. Vinva Investment Management Ltd now owns 11,347 shares of the company’s stock worth $3,400,000 after acquiring an additional 6,541 shares during the last quarter. Handelsbanken Fonder AB lifted its position in Zscaler by 43.1% during the 3rd quarter. Handelsbanken Fonder AB now owns 55,907 shares of the company’s stock worth $16,753,000 after acquiring an additional 16,839 shares during the last quarter. Finally, Oxbow Advisors LLC acquired a new position in Zscaler during the 4th quarter worth $2,939,000. Institutional investors and hedge funds own 46.45% of the company’s stock.

Insider Buying and Selling

In related news, insider Adam Geller sold 2,094 shares of the firm’s stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $153.53, for a total transaction of $321,491.82. Following the sale, the insider directly owned 46,949 shares in the company, valued at $7,208,079.97. This trade represents a 4.27% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Raj Judge sold 2,488 shares of the firm’s stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $156.59, for a total transaction of $389,595.92. Following the sale, the executive vice president owned 67,906 shares in the company, valued at approximately $10,633,400.54. The trade was a 3.53% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 12,130 shares of company stock valued at $1,892,487. 17.20% of the stock is owned by company insiders.

Zscaler Trading Down 2.0%

ZS opened at $171.01 on Friday. The firm’s fifty day moving average is $143.95 and its two-hundred day moving average is $195.74. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.90 and a current ratio of 1.90. The firm has a market cap of $27.50 billion, a PE ratio of -407.17 and a beta of 0.96. Zscaler, Inc. has a twelve month low of $114.63 and a twelve month high of $336.99.

Zscaler (NASDAQ:ZS) last posted its 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. The company had revenue of $815.75 million for the quarter, compared to analyst estimates of $798.92 million. Zscaler had a negative net margin of 2.25% and a positive return on equity of 0.06%. The business’s revenue for the quarter was up 25.9% compared to the same quarter last year. During the same period last year, the business posted $0.78 earnings per share. Zscaler has set its Q3 2026 guidance at 1.000-1.010 EPS and its FY 2026 guidance at 3.990-4.020 EPS. Equities research analysts anticipate that Zscaler, Inc. will post -0.03 EPS for the current year.

Zscaler News Summary

Here are the key news stories impacting Zscaler this week:

• Positive Sentiment: Analysts at Jefferies said Zscaler could benefit from federal spending tailwinds and may be positioned to beat expectations when it reports results on May 26, with ARR growth likely to remain strong.
• Positive Sentiment: B. Riley upgraded Zscaler to Buy, and other commentary suggested the stock has a positive setup heading into earnings, reinforcing the bullish case for the name.
• Positive Sentiment: Zscaler announced plans to acquire Symmetry Systems, adding identity mapping and data access technology that should expand its AI-focused zero-trust security platform over time. Article Title
• Neutral Sentiment: Zscaler also announced upcoming investor conference presentations, which keep management visible to the market but do not materially change the business outlook. Article Title
• Negative Sentiment: The stock had already been sliding in the latest session, with articles noting ZS fell despite broader market gains, suggesting some traders are taking profits or waiting for the earnings report.

Analysts Set New Price Targets

A number of brokerages have recently commented on ZS. Mizuho cut their price objective on shares of Zscaler from $265.00 to $250.00 and set an “outperform” rating for the company in a research report on Friday, February 27th. Sanford C. Bernstein began coverage on shares of Zscaler in a research report on Monday. They set an “outperform” rating for the company. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of Zscaler in a research report on Wednesday. KeyCorp upped their price objective on shares of Zscaler from $160.00 to $190.00 and gave the company an “overweight” rating in a research report on Monday. Finally, Citigroup lowered shares of Zscaler from a “buy” rating to a “neutral” rating in a research report on Monday. Two research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, eight have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $261.26.

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.