Zscaler, Inc. $ZS Stock Sold by Inspire Investing LLC

Inspire Investing LLC lowered its position in shares of Zscaler, Inc. (NASDAQ:ZS) by 9.6% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 25,178 shares of the company’s stock after selling 2,667 shares during the period. Inspire Investing LLC’s holdings in Zscaler were worth $5,021,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also made changes to their positions in ZS. Burkett Financial Services LLC purchased a new stake in shares of Zscaler during the 3rd quarter valued at approximately $27,000. Activest Wealth Management grew its position in Zscaler by 1,281.8% in the third quarter. Activest Wealth Management now owns 152 shares of the company’s stock worth $30,000 after acquiring an additional 141 shares during the period. Elevation Wealth Partners LLC grew its position in Zscaler by 84.3% in the third quarter. Elevation Wealth Partners LLC now owns 153 shares of the company’s stock worth $31,000 after acquiring an additional 70 shares during the period. Fortitude Family Office LLC increased its stake in Zscaler by 2,466.7% during the third quarter. Fortitude Family Office LLC now owns 154 shares of the company’s stock worth $31,000 after acquiring an additional 148 shares during the last quarter. Finally, Physician Wealth Advisors Inc. increased its stake in Zscaler by 1,837.5% during the third quarter. Physician Wealth Advisors Inc. now owns 155 shares of the company’s stock worth $31,000 after acquiring an additional 147 shares during the last quarter. Institutional investors and hedge funds own 46.45% of the company’s stock.

Zscaler News Roundup

Here are the key news stories impacting Zscaler this week:

• Positive Sentiment: Higher price target: Freedom Broker raised its target on Zscaler from $230 to $270 while maintaining a “Buy” rating, citing continued strength across cybersecurity stocks. Freedom Broker raises Zscaler price target
• Positive Sentiment: Data-security growth: Zscaler’s Data Security annual recurring revenue surpassed $500 million and grew more than 30% year over year. Its security tools reportedly appeared in roughly 70% of “Security for AI” deals, supporting expectations for larger enterprise contracts and expansion within existing customers. Zscaler data security growth
• Positive Sentiment: AI partnership narrative: Zscaler is integrating with NVIDIA’s OpenShell architecture to help enterprises secure autonomous AI agents and sensitive data flows, linking its AI-security strategy to customer spending. NVIDIA and Zscaler AI security partnership
• Positive Sentiment: Investor interest: Hightower’s Stephanie Link reportedly purchased Zscaler shares, providing a favorable signal from an institutional investment manager. Hightower buys Zscaler shares
• Neutral Sentiment: Mixed analyst view: DA Davidson initiated coverage with a “Neutral” rating and a $215 target, below recent trading levels, tempering the more optimistic target increases. DA Davidson initiates Zscaler coverage
• Negative Sentiment: Legal investigation: Pomerantz LLP announced an investigation into potential securities-law violations on behalf of Zscaler investors. The development could increase litigation and disclosure risks, although no wrongdoing has been established. Pomerantz investigation of Zscaler

Zscaler Stock Performance

Shares of Zscaler stock opened at $255.15 on Friday. The stock has a market capitalization of $41.60 billion, a price-to-earnings ratio of -654.23, a price-to-earnings-growth ratio of 22.85 and a beta of 0.94. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.70 and a quick ratio of 1.70. The business has a 50-day moving average of $196.94 and a 200 day moving average of $163.22. Zscaler, Inc. has a 12 month low of $114.63 and a 12 month high of $336.99.

Zscaler (NASDAQ:ZS) last issued its quarterly earnings results on Thursday, September 3rd. The company reported $1.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.09 by $0.10. The company had revenue of $898.19 million for the quarter, compared to analyst estimates of $876.96 million. Zscaler had a negative net margin of 1.88% and a positive return on equity of 1.23%. The business’s revenue for the quarter was up 24.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.89 earnings per share. Zscaler has set its FY 2027 guidance at 4.860-4.900 EPS and its Q1 2027 guidance at 1.150-1.160 EPS. As a group, sell-side analysts forecast that Zscaler, Inc. will post 0.69 earnings per share for the current year.

Insider Buying and Selling at Zscaler

In related news, insider Adam Geller sold 1,042 shares of the company’s stock in a transaction that occurred on Monday, October 12th. The shares were sold at an average price of $235.95, for a total transaction of $245,859.90. Following the sale, the insider directly owned 38,308 shares of the company’s stock, valued at $9,038,772.60. This represents a 2.65% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Robert Schlossman sold 5,394 shares of the firm’s stock in a transaction that occurred on Monday, September 21st. The shares were sold at an average price of $200.00, for a total transaction of $1,078,800.00. Following the completion of the transaction, the insider directly owned 61,525 shares of the company’s stock, valued at $12,305,000. This represents a 8.06% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 54,053 shares of company stock valued at $11,256,876 in the last 90 days. Corporate insiders own 17.20% of the company’s stock.

Analysts Set New Price Targets

ZS has been the topic of several recent analyst reports. Rosenblatt Securities set a $250.00 price target on Zscaler in a research note on Wednesday, October 7th. Citigroup raised their price objective on Zscaler from $245.00 to $260.00 and gave the stock a “buy” rating in a research report on Thursday, October 15th. Barclays boosted their price objective on shares of Zscaler from $220.00 to $225.00 and gave the company an “overweight” rating in a report on Wednesday, October 7th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $236.00 target price on shares of Zscaler in a research report on Wednesday, October 7th. Finally, TD Cowen increased their target price on shares of Zscaler from $200.00 to $230.00 and gave the stock a “buy” rating in a research note on Wednesday, October 7th. Thirty-seven equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $240.14.

Zscaler Profile

Zscaler, Inc is a cloud-based cybersecurity company that helps organizations secure access to applications, websites, data and other digital resources. Its platform is designed around a zero-trust security model, which verifies users and devices and enforces security policies before granting access, rather than relying primarily on a traditional corporate network perimeter.

The company’s offerings include Zscaler Internet Access, which provides secure access to internet and software-as-a-service applications, and Zscaler Private Access, which enables secure access to private applications without extending an organization’s network to users.