747 Shares in Zscaler, Inc. $ZS Purchased by Gries Financial LLC

Gries Financial LLC bought a new stake in shares of Zscaler, Inc. (NASDAQ:ZS) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 747 shares of the company’s stock, valued at approximately $235,000.

Several other large investors have also modified their holdings of ZS. Kozak & Associates Inc. bought a new position in shares of Zscaler during the second quarter valued at approximately $35,000. ORG Partners LLC increased its holdings in shares of Zscaler by 284.8% in the 1st quarter. ORG Partners LLC now owns 127 shares of the company’s stock valued at $26,000 after acquiring an additional 94 shares during the period. SVB Wealth LLC bought a new position in shares of Zscaler in the 1st quarter worth $26,000. Goodman Advisory Group LLC purchased a new stake in shares of Zscaler during the 1st quarter worth $29,000. Finally, N.E.W. Advisory Services LLC bought a new stake in Zscaler during the first quarter valued at about $29,000. Institutional investors own 46.45% of the company’s stock.

Zscaler Trading Down 0.8%

Shares of ZS stock opened at $289.29 on Wednesday. Zscaler, Inc. has a 1-year low of $164.78 and a 1-year high of $318.46. The company has a market cap of $45.79 billion, a price-to-earnings ratio of -1,071.44 and a beta of 1.05. The company has a debt-to-equity ratio of 0.95, a current ratio of 2.01 and a quick ratio of 2.01. The stock has a 50 day simple moving average of $280.40 and a 200-day simple moving average of $258.47.

Zscaler (NASDAQ:ZS) last posted its quarterly earnings data on Tuesday, September 2nd. The company reported $0.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.80 by $0.09. The business had revenue of $719.23 million for 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 0.47%. The company’s revenue was up 21.3% compared to the same quarter last year. During the same period last year, the firm posted $0.88 earnings per share. Zscaler has set its FY 2026 guidance at 3.640-3.680 EPS. Q1 2026 guidance at 0.850-0.860 EPS. On average, equities research analysts expect that Zscaler, Inc. will post -0.1 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts have commented on the stock. Evercore ISI increased their price target on shares of Zscaler from $290.00 to $320.00 and gave the company an “outperform” rating in a research report on Wednesday, September 3rd. Oppenheimer increased their target price on shares of Zscaler from $290.00 to $345.00 and gave the company an “outperform” rating in a research report on Friday, June 6th. Loop Capital raised their target price on shares of Zscaler from $250.00 to $260.00 and gave the company a “hold” rating in a research note on Friday, May 30th. Susquehanna lifted their target price on shares of Zscaler from $320.00 to $340.00 and gave the stock a “positive” rating in a research note on Wednesday, September 3rd. Finally, Morgan Stanley upgraded Zscaler from an “equal weight” rating to an “overweight” rating and raised their target price for the stock from $280.00 to $320.00 in a research note on Tuesday, September 2nd. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $307.00.

Insider Transactions at Zscaler

In other news, insider Adam Geller sold 11,193 shares of the company’s stock in a transaction on Tuesday, September 16th. The shares were sold at an average price of $280.70, for a total transaction of $3,141,875.10. Following the completion of the sale, the insider owned 53,942 shares of the company’s stock, valued at $15,141,519.40. This represents a 17.18% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Robert Schlossman sold 3,832 shares of the business’s stock in a transaction dated Tuesday, September 16th. The stock was sold at an average price of $280.70, for a total transaction of $1,075,642.40. Following the transaction, the insider owned 83,138 shares in the company, valued at $23,336,836.60. The trade was a 4.41% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 32,878 shares of company stock worth $9,266,002 over the last three months. 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.