Callan Family Office LLC Makes New Investment in Zscaler, Inc. $ZS

Callan Family Office LLC bought a new position in Zscaler, Inc. (NASDAQ:ZS) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 2,628 shares of the company’s stock, valued at approximately $825,000.

Other institutional investors also recently modified their holdings of the company. Exane Asset Management boosted its position in shares of Zscaler by 185.7% during the second quarter. Exane Asset Management now owns 100 shares of the company’s stock valued at $31,000 after buying an additional 65 shares during the last quarter. Kozak & Associates Inc. purchased a new stake in shares of Zscaler during the second quarter valued at $35,000. ORG Partners LLC boosted its position in shares of Zscaler by 284.8% during the first quarter. ORG Partners LLC now owns 127 shares of the company’s stock valued at $26,000 after buying an additional 94 shares during the last quarter. SVB Wealth LLC purchased a new stake in shares of Zscaler during the first quarter valued at $26,000. Finally, Ameritas Advisory Services LLC purchased a new stake in shares of Zscaler during the second quarter valued at $41,000. 46.45% of the stock is owned by hedge funds and other institutional investors.

Zscaler Stock Up 1.0%

Shares of ZS opened at $313.04 on Tuesday. The business’s 50 day moving average is $284.81 and its 200 day moving average is $268.53. The company has a market capitalization of $49.55 billion, a PE ratio of -1,159.41 and a beta of 1.06. Zscaler, Inc. has a 12-month low of $164.78 and a 12-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.

Zscaler (NASDAQ:ZS) last issued its earnings results 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 company had revenue of $719.23 million for the quarter, compared to the consensus estimate of $707.15 million. Zscaler had a negative return on equity of 0.47% and a negative net margin of 1.55%.The firm’s quarterly revenue was up 21.3% on a year-over-year basis. During the same quarter last year, the company earned $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. Research analysts expect that Zscaler, Inc. will post -0.1 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Zscaler news, EVP Raj Judge sold 4,524 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 $1,269,886.80. Following the sale, the executive vice president owned 73,832 shares of the company’s stock, valued at $20,724,642.40. The trade was a 5.77% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, 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 sale, the chief executive officer directly owned 350,700 shares in the company, valued at approximately $98,441,490. The trade was a 0.81% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 39,884 shares of company stock worth $11,406,825 over the last quarter. Company insiders own 18.10% of the company’s stock.

Analyst Upgrades and Downgrades

ZS has been the topic of several recent analyst reports. Wedbush reaffirmed an “outperform” rating and set a $330.00 price objective on shares of Zscaler in a research report on Wednesday, September 3rd. JMP Securities reissued a “market outperform” rating and issued a $355.00 target price on shares of Zscaler in a research report on Wednesday, September 3rd. B. Riley began coverage on Zscaler in a research report on Tuesday, August 26th. They issued a “neutral” rating and a $275.00 target price on the stock. Robert W. Baird raised their target price on Zscaler from $330.00 to $345.00 and gave the stock an “outperform” rating in a research report on Wednesday, September 3rd. Finally, Royal Bank Of Canada raised their target price on Zscaler from $335.00 to $350.00 and gave the stock an “outperform” rating in a research report on Thursday, October 2nd. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $307.43.

Zscaler 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.