Zscaler, Inc. $ZS Shares Acquired by Nomura Asset Management Co. Ltd.

Nomura Asset Management Co. Ltd. increased its holdings in shares of Zscaler, Inc. (NASDAQ:ZS) by 4.7% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 221,565 shares of the company’s stock after purchasing an additional 9,926 shares during the quarter. Nomura Asset Management Co. Ltd.’s holdings in Zscaler were worth $49,834,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of ZS. Integrated Wealth Concepts LLC grew its holdings in shares of Zscaler by 19.9% during the first quarter. Integrated Wealth Concepts LLC now owns 1,439 shares of the company’s stock valued at $285,000 after buying an additional 239 shares in the last quarter. NewEdge Advisors LLC grew its holdings in shares of Zscaler by 8.2% during the first quarter. NewEdge Advisors LLC now owns 4,899 shares of the company’s stock valued at $972,000 after buying an additional 370 shares in the last quarter. Empowered Funds LLC grew its holdings in shares of Zscaler by 9.2% during the first quarter. Empowered Funds LLC now owns 2,811 shares of the company’s stock valued at $558,000 after buying an additional 238 shares in the last quarter. Sivia Capital Partners LLC purchased a new position in shares of Zscaler during the second quarter valued at $252,000. Finally, Jump Financial LLC purchased a new position in shares of Zscaler during the second quarter valued at $3,019,000. Hedge funds and other institutional investors own 46.45% of the company’s stock.

Insider Buying and Selling

In related news, Director James A. Beer sold 177 shares of the business’s stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $153.53, for a total transaction of $27,174.81. Following the completion of the transaction, the director owned 4,384 shares of the company’s stock, valued at approximately $673,075.52. The trade was a 3.88% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Raj Judge sold 2,488 shares of the business’s stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $156.59, for a total value of $389,595.92. Following the transaction, the executive vice president directly owned 67,906 shares of the company’s stock, valued at $10,633,400.54. This represents a 3.53% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 12,130 shares of company stock valued at $1,892,487. 17.20% of the stock is owned by corporate insiders.

Zscaler Price Performance

Shares of NASDAQ:ZS opened at $139.73 on Monday. Zscaler, Inc. has a fifty-two week low of $114.63 and a fifty-two week high of $336.99. The business has a 50-day moving average of $144.36 and a two-hundred day moving average of $188.63. The stock has a market capitalization of $22.60 billion, a P/E ratio of -291.10 and a beta of 0.97. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.86 and a quick ratio of 1.86.

Zscaler (NASDAQ:ZS) last announced its quarterly earnings results on Tuesday, May 26th. The company reported $1.08 earnings per share for the quarter, topping analysts’ consensus estimates of $1.01 by $0.07. Zscaler had a negative return on equity of 0.37% and a negative net margin of 2.44%.The company had revenue of $850.48 million during the quarter, compared to analysts’ expectations of $835.14 million. During the same quarter in the previous year, the firm earned $0.84 earnings per share. The business’s quarterly revenue was up 25.4% compared to the same quarter last year. Zscaler has set its Q4 2026 guidance at 1.080-1.090 EPS and its FY 2026 guidance at 4.100-4.110 EPS. On average, equities research analysts predict that Zscaler, Inc. will post -0.03 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts have commented on the company. Barclays lowered their target price on Zscaler from $180.00 to $170.00 and set an “overweight” rating on the stock in a research note on Wednesday. Zacks Research upgraded Zscaler from a “strong sell” rating to a “hold” rating in a research note on Wednesday, May 27th. Sanford C. Bernstein lowered their target price on Zscaler from $228.00 to $224.00 and set an “outperform” rating on the stock in a research note on Wednesday, May 27th. Piper Sandler lowered their target price on Zscaler from $185.00 to $160.00 and set a “neutral” rating on the stock in a research note on Wednesday. Finally, BTIG Research restated a “neutral” rating on shares of Zscaler in a research note on Thursday, April 9th. Thirty-two investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $216.08.

Key Zscaler News

Here are the key news stories impacting Zscaler this week:

• Positive Sentiment: Despite the selloff, Zscaler reported strong fiscal Q3 results with revenue growth of about 25% year over year and earnings that beat estimates, which some analysts say supports the long-term cybersecurity demand story.
• Positive Sentiment: Some commentary argues the market may be overreacting to the guidance cut, pointing to Zscaler’s strong net retention and its role in AI-driven security workflows as reasons the stock could eventually recover. MarketBeat Zscaler page
• Neutral Sentiment: Zacks Research upgraded Zscaler from “strong sell” to “hold,” suggesting the recent drop may have improved the risk/reward profile, but it does not signal a clear bullish turn.
• Neutral Sentiment: Several articles discuss broader cybersecurity weakness tied to Google’s AI security platform launch and changing investor sentiment around software, which adds context but is not Zscaler-specific.
• Negative Sentiment: Wall Street’s main concern is the disappointing forward guidance, which overshadowed the earnings beat and raised questions about near-term growth and sales execution.
• Negative Sentiment: Reports of class-action and securities-fraud investigations may add overhang to the stock until management can rebuild confidence. Investor alert article

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.