Virtu Financial LLC Makes New Investment in Zscaler, Inc. $ZS

Virtu Financial LLC purchased a new position in Zscaler, Inc. (NASDAQ:ZS) in the fourth quarter, Holdings Channel reports. The institutional investor purchased 10,250 shares of the company’s stock, valued at approximately $2,305,000.

Several other hedge funds also recently made changes to their positions in ZS. Binnacle Investments Inc bought a new stake in shares of Zscaler during the 3rd quarter valued at $25,000. AlphaCentric Advisors LLC purchased a new stake in Zscaler during the 4th quarter worth about $29,000. Picton Mahoney Asset Management bought a new position in Zscaler in the 3rd quarter worth about $30,000. University of Texas Texas AM Investment Management Co. bought a new position in Zscaler in the 4th quarter worth about $30,000. Finally, Mcguire Capital Advisors Inc. purchased a new position in Zscaler during the 4th quarter valued at about $32,000. 46.45% of the stock is currently owned by hedge funds and other institutional investors.

Zscaler Price Performance

Zscaler stock opened at $124.85 on Friday. The stock has a market cap of $20.19 billion, a price-to-earnings ratio of -260.10, a PEG ratio of 78.06 and a beta of 0.97. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.72. The business has a 50-day simple moving average of $141.25 and a 200 day simple moving average of $172.99. Zscaler, Inc. has a 52 week low of $114.63 and a 52 week high of $336.99.

Zscaler (NASDAQ:ZS) last released its quarterly earnings results on Tuesday, May 26th. The company reported $1.08 earnings per share for the quarter, beating the consensus estimate 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 firm had revenue of $850.48 million for the quarter, compared to analysts’ expectations of $835.14 million. During the same quarter last year, the firm posted $0.84 EPS. The company’s 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, research analysts forecast that Zscaler, Inc. will post 0.11 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on ZS shares. The Goldman Sachs Group reiterated a “neutral” rating and set a $179.00 price target on shares of Zscaler in a research report on Wednesday, May 27th. Wedbush restated an “outperform” rating and issued a $220.00 price objective on shares of Zscaler in a research report on Wednesday, June 10th. Evercore set a $155.00 price objective on shares of Zscaler and gave the company an “in-line” rating in a research note on Wednesday, May 27th. Guggenheim reaffirmed a “buy” rating and set a $214.00 price objective on shares of Zscaler in a research note on Wednesday, June 10th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and set a $200.00 target price on shares of Zscaler in a report on Wednesday, June 10th. Thirty-four research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Zscaler presently has an average rating of “Moderate Buy” and a consensus target price of $214.33.

Insiders Place Their Bets

In related news, CEO Jagtar Singh Chaudhry sold 2,878 shares of the firm’s stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $126.43, for a total value of $363,865.54. Following the sale, the chief executive officer directly owned 343,038 shares of the company’s stock, valued at $43,370,294.34. This trade represents a 0.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Robert Schlossman sold 3,146 shares of Zscaler stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $126.43, for a total transaction of $397,748.78. Following the sale, the insider owned 69,366 shares of the company’s stock, valued at approximately $8,769,943.38. The trade was a 4.34% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 9,827 shares of company stock worth $1,242,263 over the last three months. Company insiders own 17.20% of the company’s stock.

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.