Mizuho Markets Cayman LP Invests $4.88 Million in Zscaler, Inc. $ZS

Mizuho Markets Cayman LP purchased a new position in shares of Zscaler, Inc. (NASDAQ:ZS) during the first quarter, HoldingsChannel reports. The firm purchased 34,748 shares of the company’s stock, valued at approximately $4,875,000.

Several other large investors have also recently added to or reduced their stakes in the company. First Trust Advisors LP lifted its position in Zscaler by 36.2% in the first quarter. First Trust Advisors LP now owns 3,518,678 shares of the company’s stock valued at $493,635,000 after purchasing an additional 935,781 shares during the period. Price T Rowe Associates Inc. MD increased its position in Zscaler by 43.3% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 2,572,358 shares of the company’s stock worth $578,576,000 after purchasing an additional 777,414 shares during the period. AQR Capital Management LLC raised its stake in shares of Zscaler by 61.8% during the 3rd quarter. AQR Capital Management LLC now owns 1,941,571 shares of the company’s stock worth $576,083,000 after buying an additional 741,756 shares in the last quarter. Pictet Asset Management Holding SA boosted its stake in shares of Zscaler by 52.5% in the first quarter. Pictet Asset Management Holding SA now owns 1,920,540 shares of the company’s stock valued at $269,285,000 after buying an additional 661,413 shares in the last quarter. Finally, SEB Asset Management AB acquired a new position in Zscaler during the first quarter worth $60,033,000. 46.45% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms recently commented on ZS. Citigroup reissued a “market outperform” rating on shares of Zscaler in a report on Wednesday, May 27th. BMO Capital Markets decreased their price target on Zscaler from $210.00 to $178.00 and set an “outperform” rating on the stock in a research note on Wednesday, May 27th. The Goldman Sachs Group restated a “neutral” rating and issued a $179.00 price target on shares of Zscaler in a 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. Finally, BTIG Research reissued a “neutral” rating on shares of Zscaler in a report on Thursday, April 9th. Thirty-four equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Zscaler has a consensus rating of “Moderate Buy” and a consensus target price of $214.21.

Zscaler Price Performance

Shares of NASDAQ:ZS opened at $142.26 on Thursday. The company has a market cap of $23.00 billion, a P/E ratio of -296.37, a P/E/G ratio of 85.23 and a beta of 0.96. The business has a fifty day simple moving average of $143.71 and a 200-day simple moving average of $157.52. Zscaler, Inc. has a 52 week low of $114.63 and a 52 week high of $336.99. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.72.

Zscaler (NASDAQ:ZS) last released its earnings results on Tuesday, May 26th. The company reported $1.08 earnings per share for the quarter, topping 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 the consensus estimate of $835.14 million. During the same period in the prior year, the business posted $0.84 earnings per share. The firm’s revenue for the quarter 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. Equities research analysts forecast that Zscaler, Inc. will post 0.12 EPS for the current year.

Insider Activity at Zscaler

In other news, insider Robert Schlossman sold 3,146 shares of the stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $126.43, for a total transaction of $397,748.78. Following 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 sale was disclosed in a legal filing with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Adam Geller sold 2,817 shares of the firm’s stock in a transaction that occurred on Monday, June 22nd. The stock was sold at an average price of $122.60, for a total transaction of $345,364.20. Following the completion of the sale, the insider directly owned 42,314 shares in the company, valued at $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. In the last quarter, insiders sold 15,766 shares of company stock worth $1,978,587. 17.20% of the stock is owned by insiders.

Zscaler Company 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.