waypoint wealth counsel Makes New $247,000 Investment in Zscaler, Inc. $ZS

waypoint wealth counsel purchased a new position in shares of Zscaler, Inc. (NASDAQ:ZS) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 786 shares of the company’s stock, valued at approximately $247,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Secure Asset Management LLC increased its position in Zscaler by 1.8% during the 2nd quarter. Secure Asset Management LLC now owns 2,436 shares of the company’s stock worth $765,000 after purchasing an additional 43 shares in the last quarter. Exane Asset Management increased its position in shares of Zscaler by 185.7% in the second quarter. Exane Asset Management now owns 100 shares of the company’s stock worth $31,000 after acquiring an additional 65 shares in the last quarter. Cerity Partners LLC increased its position in shares of Zscaler by 0.3% in the first quarter. Cerity Partners LLC now owns 22,928 shares of the company’s stock worth $4,549,000 after acquiring an additional 68 shares in the last quarter. Koshinski Asset Management Inc. increased its holdings in Zscaler by 2.6% in the 1st quarter. Koshinski Asset Management Inc. now owns 2,801 shares of the company’s stock valued at $556,000 after purchasing an additional 70 shares in the last quarter. Finally, V Square Quantitative Management LLC increased its holdings in Zscaler by 6.6% in the 2nd quarter. V Square Quantitative Management LLC now owns 1,143 shares of the company’s stock valued at $359,000 after purchasing an additional 71 shares in the last quarter. Institutional investors and hedge funds own 46.45% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on ZS. Cantor Fitzgerald reiterated an “overweight” rating and issued a $340.00 price target on shares of Zscaler in a report on Wednesday, September 3rd. Piper Sandler increased their target price on Zscaler from $260.00 to $280.00 and gave the company a “neutral” rating in a research note on Wednesday, September 3rd. Zacks Research raised shares of Zscaler from a “strong sell” rating to a “hold” rating in a research report on Thursday, October 2nd. UBS Group lowered their price objective on shares of Zscaler from $365.00 to $350.00 and set a “buy” rating for the company in a research report on Wednesday, September 3rd. Finally, B. Riley assumed coverage on shares of Zscaler in a report on Tuesday, August 26th. They set a “neutral” rating and a $275.00 price target for the company. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $307.43.

Zscaler Stock Down 1.7%

ZS stock opened at $309.88 on Friday. Zscaler, Inc. has a twelve month low of $164.78 and a twelve month high of $319.89. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.95. The company has a market capitalization of $49.05 billion, a P/E ratio of -1,147.70 and a beta of 1.06. The firm has a 50 day simple moving average of $284.27 and a 200-day simple moving average of $267.38.

Zscaler (NASDAQ:ZS) last released 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 business 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 0.47%. The business’s quarterly revenue was up 21.3% compared to the same quarter last year. During the same quarter last year, the company earned $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 predict that Zscaler, Inc. will post -0.1 earnings per share for the current fiscal year.

Insider Transactions at Zscaler

In other news, CEO Jagtar Singh Chaudhry sold 2,865 shares of Zscaler stock in a transaction that occurred on Tuesday, September 16th. The stock was sold at an average price of $280.70, for a total value of $804,205.50. Following the completion of the transaction, the chief executive officer owned 350,700 shares in the company, valued at approximately $98,441,490. This trade represents a 0.81% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Adam Geller sold 11,193 shares of Zscaler stock in a transaction that occurred on Tuesday, September 16th. The stock was sold at an average price of $280.70, for a total value of $3,141,875.10. Following the completion of the transaction, the insider owned 53,942 shares of the company’s stock, valued at approximately $15,141,519.40. The trade was a 17.18% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 39,884 shares of company stock valued at $11,406,825 over the last ninety days. 18.10% of the stock is currently owned by company insiders.

Zscaler Company Profile

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.