Flagship Harbor Advisors LLC Has $1.04 Million Stake in Zscaler, Inc. $ZS

Flagship Harbor Advisors LLC decreased its position in shares of Zscaler, Inc. (NASDAQ:ZS) by 2.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,298 shares of the company’s stock after selling 81 shares during the quarter. Flagship Harbor Advisors LLC’s holdings in Zscaler were worth $1,035,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of ZS. GAMMA Investing LLC boosted its holdings in shares of Zscaler by 43.1% during the 1st quarter. GAMMA Investing LLC now owns 641 shares of the company’s stock valued at $127,000 after acquiring an additional 193 shares in the last quarter. Amalgamated Bank lifted its holdings in Zscaler by 9.7% during the 1st quarter. Amalgamated Bank now owns 6,718 shares of the company’s stock worth $1,333,000 after buying an additional 596 shares during the period. Koshinski Asset Management Inc. lifted its holdings in Zscaler by 2.6% during the 1st quarter. Koshinski Asset Management Inc. now owns 2,801 shares of the company’s stock worth $556,000 after buying an additional 70 shares during the period. Clear Creek Financial Management LLC lifted its holdings in Zscaler by 5.5% during the 1st quarter. Clear Creek Financial Management LLC now owns 2,386 shares of the company’s stock worth $473,000 after buying an additional 125 shares during the period. Finally, Sumitomo Mitsui DS Asset Management Company Ltd lifted its holdings in Zscaler by 34.5% during the 1st quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 10,401 shares of the company’s stock worth $2,064,000 after buying an additional 2,670 shares during the period. Institutional investors and hedge funds own 46.45% of the company’s stock.

Insider Transactions at Zscaler

In related news, CEO Jagtar Singh Chaudhry sold 2,865 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 value of $804,205.50. Following the completion of the sale, the chief executive officer directly owned 350,700 shares of the company’s stock, valued at $98,441,490. The trade was a 0.81% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Robert Schlossman sold 3,200 shares of the business’s stock in a transaction dated Friday, October 24th. The shares were sold at an average price of $325.00, for a total value of $1,040,000.00. Following the completion of the sale, the insider directly owned 80,086 shares of the company’s stock, valued at $26,027,950. The trade was a 3.84% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 43,084 shares of company stock valued at $12,446,825. 18.10% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several research analysts have commented on the company. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $340.00 target price on shares of Zscaler in a report on Wednesday, September 3rd. Royal Bank Of Canada lifted their target price on Zscaler from $335.00 to $350.00 and gave the stock an “outperform” rating in a report on Thursday, October 2nd. Piper Sandler lifted their target price on Zscaler from $260.00 to $280.00 and gave the stock a “neutral” rating in a report on Wednesday, September 3rd. Susquehanna lifted their target price on Zscaler from $320.00 to $340.00 and gave the stock a “positive” rating in a report on Wednesday, September 3rd. Finally, Barclays lifted their target price on Zscaler from $300.00 to $320.00 and gave the stock an “overweight” rating in a report on Wednesday, September 3rd. One investment 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 issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $307.86.

Zscaler Stock Up 0.3%

Shares of NASDAQ:ZS opened at $322.04 on Friday. The company has a market capitalization of $50.98 billion, a price-to-earnings ratio of -1,192.74 and a beta of 1.06. 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 business’s 50-day moving average is $294.57 and its 200-day moving average is $278.90. Zscaler, Inc. has a 1 year low of $164.78 and a 1 year high of $329.30.

Zscaler (NASDAQ:ZS) last issued its earnings results on Tuesday, September 2nd. The company reported $0.89 EPS for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $707.15 million. During the same period in the previous year, the company posted $0.88 EPS. The firm’s revenue was up 21.3% compared to the same quarter last year. Zscaler has set its FY 2026 guidance at 3.640-3.680 EPS. Q1 2026 guidance at 0.850-0.860 EPS. Equities research analysts predict 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.