Zscaler, Inc. $ZS Stake Raised by Sei Investments Co.

Sei Investments Co. lifted its holdings in shares of Zscaler, Inc. (NASDAQ:ZS) by 27.8% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 101,728 shares of the company’s stock after buying an additional 22,115 shares during the period. Sei Investments Co.’s holdings in Zscaler were worth $14,271,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in ZS. Kentucky Retirement Systems Insurance Trust Fund increased its position in Zscaler by 1.4% in the 3rd quarter. Kentucky Retirement Systems Insurance Trust Fund now owns 2,569 shares of the company’s stock valued at $770,000 after acquiring an additional 36 shares during the period. Parallel Advisors LLC boosted its position in Zscaler by 10.9% during the 3rd quarter. Parallel Advisors LLC now owns 397 shares of the company’s stock worth $119,000 after acquiring an additional 39 shares during the period. Smartleaf Asset Management LLC grew its stake in shares of Zscaler by 7.5% in the second quarter. Smartleaf Asset Management LLC now owns 648 shares of the company’s stock worth $204,000 after purchasing an additional 45 shares in the last quarter. Yousif Capital Management LLC grew its stake in shares of Zscaler by 3.8% in the fourth quarter. Yousif Capital Management LLC now owns 1,326 shares of the company’s stock worth $274,000 after purchasing an additional 48 shares in the last quarter. Finally, Larson Financial Group LLC grew its stake in shares of Zscaler by 2.6% in the third quarter. Larson Financial Group LLC now owns 2,040 shares of the company’s stock worth $611,000 after purchasing an additional 52 shares in the last quarter. 46.45% of the stock is owned by institutional investors.

Zscaler Stock Down 3.5%

ZS opened at $148.39 on Friday. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.86 and a current ratio of 1.86. The company has a market capitalization of $24.00 billion, a PE ratio of -309.14, a P/E/G ratio of 88.12 and a beta of 0.96. The stock’s fifty day moving average is $141.17 and its 200-day moving average is $154.35. Zscaler, Inc. has a one year low of $114.63 and a one year high of $336.99.

Zscaler (NASDAQ:ZS) last announced its 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. The business had revenue of $850.48 million during the quarter, compared to analysts’ expectations of $835.14 million. Zscaler had a negative return on equity of 0.37% and a negative net margin of 2.44%.The company’s quarterly revenue was up 25.4% on a year-over-year basis. During the same quarter last year, the business posted $0.84 earnings per share. 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 analysts predict that Zscaler, Inc. will post 0.12 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. Stephens restated an “overweight” rating and set a $200.00 price objective on shares of Zscaler in a research note on Friday, June 12th. JPMorgan Chase & Co. decreased their target price on shares of Zscaler from $250.00 to $205.00 and set an “overweight” rating for the company in a research report on Wednesday, May 27th. Berenberg Bank set a $200.00 target price on shares of Zscaler in a research note on Thursday, May 28th. BTIG Research reissued a “neutral” rating on shares of Zscaler in a research note on Thursday, April 9th. Finally, Guggenheim restated a “buy” rating and set a $214.00 price target on shares of Zscaler in a research report on Wednesday, June 10th. Thirty-four analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $214.21.

Insider Buying and Selling at Zscaler

In other news, insider Adam Geller sold 2,817 shares of the firm’s stock in a transaction dated Monday, June 22nd. The shares were sold at an average price of $122.60, for a total transaction of $345,364.20. Following the completion of the transaction, the insider owned 42,314 shares in the company, valued at approximately $5,187,696.40. This trade represents a 6.24% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Robert Schlossman sold 3,146 shares of Zscaler stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $126.43, for a total transaction of $397,748.78. Following the completion of the transaction, the insider directly owned 69,366 shares in the company, valued at $8,769,943.38. This represents a 4.34% decrease in their position. 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. In the last quarter, insiders have sold 16,269 shares of company stock worth $2,052,589. Company insiders own 17.20% of the company’s stock.

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.