Parcion Private Wealth LLC Has $377,000 Stock Holdings in Zscaler, Inc. $ZS

Parcion Private Wealth LLC raised its holdings in Zscaler, Inc. (NASDAQ:ZS) by 3.3% during the second quarter, HoldingsChannel reports. The firm owned 1,200 shares of the company’s stock after acquiring an additional 38 shares during the quarter. Parcion Private Wealth LLC’s holdings in Zscaler were worth $377,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of ZS. SVB Wealth LLC acquired a new stake in shares of Zscaler in the 1st quarter valued at $26,000. Goodman Advisory Group LLC bought a new position in shares of Zscaler in the 1st quarter valued at $29,000. N.E.W. Advisory Services LLC bought a new position in shares of Zscaler in the 1st quarter valued at $29,000. Exane Asset Management lifted its stake in shares of Zscaler by 185.7% in the 2nd quarter. Exane Asset Management now owns 100 shares of the company’s stock valued at $31,000 after acquiring an additional 65 shares during the last quarter. Finally, Whittier Trust Co. bought a new position in shares of Zscaler in the 1st quarter valued at $33,000. Institutional investors and hedge funds own 46.45% of the company’s stock.

Insiders Place Their Bets

In other news, EVP Raj Judge sold 4,524 shares of Zscaler stock in a transaction dated 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 completion of the transaction, the executive vice president directly owned 73,832 shares of the company’s stock, valued at approximately $20,724,642.40. This trade represents a 5.77% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Jagtar Singh Chaudhry sold 2,865 shares of Zscaler stock in a transaction dated 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 directly owned 350,700 shares of the company’s stock, valued at approximately $98,441,490. This trade represents a 0.81% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 39,884 shares of company stock valued at $11,406,825. Insiders own 18.10% of the company’s stock.

Zscaler Stock Down 0.8%

Shares of NASDAQ:ZS opened at $307.92 on Thursday. The firm has a market cap of $48.74 billion, a P/E ratio of -1,140.44 and a beta of 1.06. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.95. Zscaler, Inc. has a 12-month low of $164.78 and a 12-month high of $319.89. The business has a fifty day simple moving average of $288.61 and a 200 day simple moving average of $272.79.

Zscaler (NASDAQ:ZS) last announced its earnings results on Tuesday, September 2nd. The company reported $0.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.80 by $0.09. The business had revenue of $719.23 million during the quarter, compared to analyst estimates of $707.15 million. Zscaler had a negative return on equity of 0.47% and a negative net margin of 1.55%.Zscaler’s revenue for the quarter was up 21.3% compared to the same quarter last year. During the same period 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. Analysts predict that Zscaler, Inc. will post -0.1 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. Stifel Nicolaus increased their price target on Zscaler from $295.00 to $330.00 and gave the company a “buy” rating in a research note on Wednesday, September 3rd. Barclays increased their price target on Zscaler from $300.00 to $320.00 and gave the company an “overweight” rating in a research note on Wednesday, September 3rd. Evercore ISI increased their price target on Zscaler from $290.00 to $320.00 and gave the company an “outperform” rating in a research note on Wednesday, September 3rd. Susquehanna increased their price target on Zscaler from $320.00 to $340.00 and gave the company a “positive” rating in a research note on Wednesday, September 3rd. Finally, Wall Street Zen cut Zscaler from a “buy” rating to a “hold” rating in a research note on Saturday, October 18th. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Zscaler currently has an average rating of “Moderate Buy” and a consensus price target of $307.86.

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.