Fjarde AP Fonden Fourth Swedish National Pension Fund Acquires 2,200 Shares of Zscaler, Inc. $ZS

Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its holdings in Zscaler, Inc. (NASDAQ:ZS) by 10.7% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 22,720 shares of the company’s stock after buying an additional 2,200 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Zscaler were worth $7,133,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Exane Asset Management increased its position in 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 in the last quarter. Kozak & Associates Inc. bought a new stake in shares of Zscaler during the second quarter valued at approximately $35,000. SVB Wealth LLC bought a new stake in shares of Zscaler during the first quarter valued at approximately $26,000. Ameritas Advisory Services LLC acquired a new stake in shares of Zscaler in the second quarter valued at approximately $41,000. Finally, N.E.W. Advisory Services LLC bought a new position in Zscaler in the 1st quarter worth approximately $29,000. Institutional investors and hedge funds own 46.45% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on ZS. Morgan Stanley raised Zscaler from an “equal weight” rating to an “overweight” rating and upped their price objective for the stock from $280.00 to $320.00 in a report on Tuesday, September 2nd. Wall Street Zen lowered Zscaler from a “buy” rating to a “hold” rating in a research note on Saturday, October 18th. JPMorgan Chase & Co. boosted their price target on shares of Zscaler from $348.00 to $351.00 and gave the stock an “overweight” rating in a research note on Wednesday, September 3rd. Barclays increased their target price on Zscaler from $300.00 to $320.00 and gave the company an “overweight” rating in a research note on Wednesday, September 3rd. Finally, Needham & Company LLC restated a “buy” rating and set a $350.00 target price on shares of Zscaler in a research report on Wednesday, September 3rd. One analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Zscaler currently has an average rating of “Moderate Buy” and an average target price of $307.86.

Insider Activity at Zscaler

In related 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 value of $3,141,875.10. Following the completion of the transaction, the insider directly owned 53,942 shares of the company’s stock, valued at approximately $15,141,519.40. This represents a 17.18% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Jagtar Singh Chaudhry sold 2,865 shares of the 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 transaction, the chief executive officer owned 350,700 shares of the company’s stock, valued at approximately $98,441,490. This trade represents a 0.81% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 43,084 shares of company stock worth $12,446,825 over the last ninety days. 18.10% of the stock is owned by corporate insiders.

Zscaler Stock Down 2.4%

NASDAQ:ZS opened at $320.96 on Thursday. Zscaler, Inc. has a 1 year low of $164.78 and a 1 year high of $329.30. The stock has a 50-day moving average price of $293.54 and a two-hundred day moving average price of $278.60. The stock has a market cap of $50.81 billion, a price-to-earnings ratio of -1,188.74 and a beta of 1.06. 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 released its quarterly earnings data on Tuesday, September 2nd. The company reported $0.89 earnings per share for the quarter, beating the consensus estimate of $0.80 by $0.09. Zscaler had a negative return on equity of 0.47% and a negative net margin of 1.55%.The business had revenue of $719.23 million for the quarter, compared to analysts’ expectations of $707.15 million. During the same quarter in the previous year, the business posted $0.88 EPS. Zscaler’s revenue for the quarter was up 21.3% on a year-over-year basis. Zscaler has set its FY 2026 guidance at 3.640-3.680 EPS. Q1 2026 guidance at 0.850-0.860 EPS. As a group, equities analysts expect that Zscaler, Inc. will post -0.1 earnings per share for the current year.

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.