694 Shares in Zscaler, Inc. $ZS Acquired by Fiduciary Financial Group LLC

Fiduciary Financial Group LLC bought a new position in shares of Zscaler, Inc. (NASDAQ:ZS) during the 2nd quarter, Holdings Channel reports. The institutional investor bought 694 shares of the company’s stock, valued at approximately $213,000.

Several other institutional investors and hedge funds also recently made changes to their positions in ZS. Vanguard Group Inc. increased its position in shares of Zscaler by 3.1% during the first quarter. Vanguard Group Inc. now owns 9,890,506 shares of the company’s stock worth $1,962,474,000 after acquiring an additional 294,034 shares in the last quarter. Goldman Sachs Group Inc. boosted its holdings in Zscaler by 23.4% during the first quarter. Goldman Sachs Group Inc. now owns 3,048,238 shares of the company’s stock worth $604,831,000 after purchasing an additional 578,883 shares during the last quarter. T. Rowe Price Investment Management Inc. bought a new position in Zscaler in the first quarter valued at $516,622,000. AQR Capital Management LLC increased its stake in Zscaler by 23.6% in the 1st quarter. AQR Capital Management LLC now owns 1,191,930 shares of the company’s stock valued at $234,715,000 after buying an additional 227,899 shares during the last quarter. Finally, Nuveen LLC bought a new stake in Zscaler during the 1st quarter worth about $153,340,000. Institutional investors and hedge funds own 46.45% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on ZS shares. Guggenheim restated a “neutral” rating on shares of Zscaler in a report on Wednesday, September 3rd. Piper Sandler boosted their price target on Zscaler from $260.00 to $280.00 and gave the stock a “neutral” rating in a research report on Wednesday, September 3rd. JPMorgan Chase & Co. upped their price objective on Zscaler from $348.00 to $351.00 and gave the stock an “overweight” rating in a research note on Wednesday, September 3rd. Royal Bank Of Canada raised their target price on shares of Zscaler from $315.00 to $335.00 and gave the company an “outperform” rating in a research note on Wednesday, September 3rd. Finally, Loop Capital upped their price target on shares of Zscaler from $250.00 to $260.00 and gave the stock a “hold” rating in a research report on Friday, May 30th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $307.00.

Zscaler Stock Performance

ZS opened at $283.19 on Friday. The firm has a market cap of $44.09 billion, a P/E ratio of -1,048.85 and a beta of 1.05. Zscaler, Inc. has a 52-week low of $164.78 and a 52-week high of $318.46. The business’s fifty day moving average is $282.34 and its 200-day moving average is $254.06.

Zscaler (NASDAQ:ZS) last issued its quarterly earnings results on Tuesday, September 2nd. The company reported $0.89 earnings per share for the quarter, topping analysts’ consensus estimates of $0.80 by $0.09. The company had revenue of $719.23 million during the quarter, compared to the consensus estimate of $707.15 million. Zscaler had a negative net margin of 1.55% and a negative return on equity of 0.49%. The firm’s quarterly revenue was up 21.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.88 EPS. Zscaler has set its FY 2026 guidance at 3.640-3.680 EPS. Q1 2026 guidance at 0.850-0.860 EPS. On average, research analysts predict that Zscaler, Inc. will post -0.1 earnings per share for the current fiscal year.

Insider Transactions at Zscaler

In other news, EVP Raj Judge sold 2,957 shares of Zscaler stock in a transaction on Tuesday, June 17th. The stock was sold at an average price of $303.70, for a total value of $898,040.90. Following the transaction, the executive vice president owned 76,289 shares in the company, valued at approximately $23,168,969.30. This trade represents a 3.73% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Robert Schlossman sold 3,174 shares of the business’s stock in a transaction on Wednesday, June 18th. The stock was sold at an average price of $305.07, for a total value of $968,292.18. Following the transaction, the insider directly owned 88,970 shares of the company’s stock, valued at $27,142,077.90. This trade represents a 3.44% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 23,305 shares of company stock worth $7,093,136. 18.10% of the stock is owned by insiders.

About Zscaler

Zscaler, Inc operates as a cloud security company worldwide. The company offers Zscaler Internet Access solution that provides users, workloads, IoT, and OT devices secure access to externally managed applications, including software-as-a-service (SaaS) applications and internet destinations; and Zscaler Private Access solution, which is designed to provide access to managed applications hosted internally in data centers, and private or public clouds.