J. Safra Sarasin Holding AG Grows Stake in Zscaler, Inc. $ZS

J. Safra Sarasin Holding AG increased its stake in shares of Zscaler, Inc. (NASDAQ:ZS) by 106.3% in the 1st quarter, Holdings Channel reports. The firm owned 131,284 shares of the company’s stock after purchasing an additional 67,657 shares during the period. J. Safra Sarasin Holding AG’s holdings in Zscaler were worth $18,406,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in Zscaler by 0.5% in the 4th quarter. Vanguard Group Inc. now owns 11,423,424 shares of the company’s stock worth $2,569,357,000 after buying an additional 55,521 shares during the last quarter. Groupama Asset Managment raised its holdings in shares of Zscaler by 76,352.6% during the third quarter. Groupama Asset Managment now owns 4,750,000 shares of the company’s stock valued at $1,423,385,000 after acquiring an additional 4,743,787 shares during the last quarter. First Trust Advisors LP lifted its position in shares of Zscaler by 15.9% in the fourth quarter. First Trust Advisors LP now owns 2,582,897 shares of the company’s stock valued at $580,945,000 after acquiring an additional 354,763 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its position in shares of Zscaler by 43.3% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 2,572,358 shares of the company’s stock valued at $578,576,000 after acquiring an additional 777,414 shares in the last quarter. Finally, State Street Corp lifted its position in shares of Zscaler by 3.4% in the fourth quarter. State Street Corp now owns 2,337,604 shares of the company’s stock valued at $525,774,000 after acquiring an additional 77,800 shares in the last quarter. 46.45% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, CFO Kevin Rubin sold 3,000 shares of the company’s stock in a transaction on Thursday, June 25th. The stock was sold at an average price of $124.22, for a total value of $372,660.00. Following the transaction, the chief financial officer owned 41,901 shares of the company’s stock, valued at $5,204,942.22. This represents a 6.68% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Adam Geller sold 2,817 shares of the stock in a transaction on Monday, June 22nd. The stock was sold at an average price of $122.60, for a total value of $345,364.20. Following the transaction, the insider owned 42,314 shares of the company’s stock, valued at approximately $5,187,696.40. This represents a 6.24% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 15,766 shares of company stock worth $1,978,587 over the last ninety days. Company insiders own 17.20% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently commented on ZS shares. Citigroup reiterated a “market outperform” rating on shares of Zscaler in a research report on Wednesday, May 27th. Royal Bank Of Canada restated an “outperform” rating and issued a $200.00 price objective on shares of Zscaler in a report on Wednesday, June 10th. TD Cowen reaffirmed a “buy” rating on shares of Zscaler in a research note on Wednesday, May 27th. Berenberg Bank set a $200.00 target price on shares of Zscaler in a report on Thursday, May 28th. Finally, Evercore set a $155.00 target price on shares of Zscaler and gave the company an “in-line” rating in a research report on Wednesday, May 27th. Thirty-four investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $213.97.

Zscaler Stock Performance

NASDAQ:ZS opened at $139.27 on Monday. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.86 and a quick ratio of 1.86. The firm has a market capitalization of $22.52 billion, a price-to-earnings ratio of -290.14, a PEG ratio of 79.81 and a beta of 0.96. The company’s 50-day moving average is $143.39 and its two-hundred day moving average is $162.06. Zscaler, Inc. has a 1-year low of $114.63 and a 1-year high of $336.99.

Zscaler (NASDAQ:ZS) last released its quarterly earnings data on Tuesday, May 26th. The company reported $1.08 EPS for the quarter, beating analysts’ consensus estimates of $1.01 by $0.07. The firm had revenue of $850.48 million for 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 firm’s quarterly revenue was up 25.4% on a year-over-year basis. During the same period in the prior year, the firm 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. Analysts forecast that Zscaler, Inc. will post 0.12 EPS for the current year.

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.