Arrowstreet Capital Limited Partnership Buys 137,708 Shares of Zscaler, Inc. $ZS

Arrowstreet Capital Limited Partnership boosted its stake in shares of Zscaler, Inc. (NASDAQ:ZS) by 47.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 427,992 shares of the company’s stock after acquiring an additional 137,708 shares during the period. Arrowstreet Capital Limited Partnership’s holdings in Zscaler were worth $96,264,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Binnacle Investments Inc bought a new position in shares of Zscaler in the 3rd quarter valued at $25,000. AlphaCentric Advisors LLC bought a new position in shares of Zscaler in the 4th quarter valued at $29,000. Picton Mahoney Asset Management bought a new position in shares of Zscaler in the 3rd quarter valued at $30,000. Family CFO Inc bought a new position in shares of Zscaler in the 4th quarter valued at $34,000. Finally, Sumitomo Mitsui Financial Group Inc. increased its stake in shares of Zscaler by 105.5% in the 4th quarter. Sumitomo Mitsui Financial Group Inc. now owns 215 shares of the company’s stock valued at $49,000 after purchasing an additional 4,111 shares during the last quarter. Institutional investors own 46.45% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the company. JPMorgan Chase & Co. reduced their price objective on Zscaler from $250.00 to $205.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 27th. Piper Sandler reduced their price objective on Zscaler from $185.00 to $160.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 27th. HC Wainwright upgraded Zscaler from a “buy” rating to a “buy” rating in a research report on Monday, May 18th. Barclays reduced their price objective on Zscaler from $180.00 to $170.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 27th. Finally, Guggenheim restated a “buy” rating and set a $214.00 price objective on shares of Zscaler in a research report on Wednesday, June 10th. Thirty-four investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Zscaler currently has an average rating of “Moderate Buy” and an average price target of $214.33.

Zscaler Stock Up 0.7%

Shares of ZS opened at $130.42 on Tuesday. The company has a market capitalization of $21.09 billion, a PE ratio of -271.70, a PEG ratio of 80.98 and a beta of 0.97. Zscaler, Inc. has a 12 month low of $114.63 and a 12 month high of $336.99. The stock’s 50-day moving average price is $142.38 and its two-hundred day moving average price is $175.99. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.72.

Zscaler (NASDAQ:ZS) last announced its earnings results on Tuesday, May 26th. The company reported $1.08 EPS for the quarter, topping the consensus estimate of $1.01 by $0.07. The firm had revenue of $850.48 million for the quarter, compared to the consensus estimate of $835.14 million. Zscaler had a negative return on equity of 0.37% and a negative net margin of 2.44%.The business’s quarterly revenue was up 25.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.84 EPS. 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, analysts anticipate that Zscaler, Inc. will post 0.11 EPS for the current year.

Insider Transactions at Zscaler

In other news, insider Adam Geller sold 2,094 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 value of $321,491.82. Following the transaction, the insider directly owned 46,949 shares of the company’s stock, valued at $7,208,079.97. The trade was a 4.27% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director James A. Beer sold 177 shares of the business’s stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of $153.53, for a total value of $27,174.81. Following the completion of the transaction, the director directly owned 4,384 shares in the company, valued at $673,075.52. This represents a 3.88% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 17.20% of the stock is owned by insiders.

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.