Black Swift Group LLC Takes Position in Zscaler, Inc. $ZS

Black Swift Group LLC bought a new stake in Zscaler, Inc. (NASDAQ:ZS) in the second quarter, HoldingsChannel reports. The fund bought 1,000 shares of the company’s stock, valued at approximately $314,000.

A number of other hedge funds have also recently bought and sold shares of ZS. Parcion Private Wealth LLC grew its stake in Zscaler by 3.3% during the 2nd quarter. Parcion Private Wealth LLC now owns 1,200 shares of the company’s stock valued at $377,000 after purchasing an additional 38 shares in the last quarter. Secure Asset Management LLC grew its stake in Zscaler by 1.8% during the 2nd quarter. Secure Asset Management LLC now owns 2,436 shares of the company’s stock valued at $765,000 after purchasing an additional 43 shares in the last quarter. Tlwm grew its stake in Zscaler by 1.0% during the 2nd quarter. Tlwm now owns 4,649 shares of the company’s stock valued at $1,460,000 after purchasing an additional 44 shares in the last quarter. Earned Wealth Advisors LLC grew its stake in Zscaler by 4.3% during the 2nd quarter. Earned Wealth Advisors LLC now owns 1,336 shares of the company’s stock valued at $419,000 after purchasing an additional 55 shares in the last quarter. Finally, Emerald Advisers LLC grew its stake in Zscaler by 1.9% during the 2nd quarter. Emerald Advisers LLC now owns 3,116 shares of the company’s stock valued at $978,000 after purchasing an additional 57 shares in the last quarter. Institutional investors and hedge funds own 46.45% of the company’s stock.

Zscaler Trading Down 1.3%

NASDAQ:ZS opened at $323.90 on Thursday. Zscaler, Inc. has a 12-month low of $164.78 and a 12-month high of $336.99. The firm has a market capitalization of $51.27 billion, a P/E ratio of -1,199.63 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 has a 50 day simple moving average of $299.31 and a 200 day simple moving average of $283.03.

Zscaler (NASDAQ:ZS) last released its quarterly earnings data on Tuesday, September 2nd. The company reported $0.89 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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%.The business’s revenue for the quarter was up 21.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $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. Equities research analysts predict that Zscaler, Inc. will post -0.1 EPS for the current year.

Wall Street Analyst Weigh In

ZS has been the subject of a number of recent analyst reports. BMO Capital Markets raised their price objective on Zscaler from $295.00 to $315.00 and gave the company an “outperform” rating in a research note on Wednesday, September 3rd. Evercore ISI raised their price objective on Zscaler from $290.00 to $320.00 and gave the company an “outperform” rating in a research note on Wednesday, September 3rd. UBS Group lowered their price objective on Zscaler from $365.00 to $350.00 and set a “buy” rating for the company in a research note on Wednesday, September 3rd. B. Riley started coverage on Zscaler in a research note on Tuesday, August 26th. They set a “neutral” rating and a $275.00 price objective for the company. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Zscaler in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $310.14.

Insiders Place Their Bets

In other Zscaler news, CEO Jagtar Singh Chaudhry sold 2,865 shares of Zscaler stock in a transaction on Tuesday, September 16th. The stock was sold at an average price of $280.70, for a total transaction of $804,205.50. Following the sale, the chief executive officer 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 legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Raj Judge sold 4,524 shares of Zscaler stock in a transaction on Tuesday, September 16th. The shares were sold at an average price of $280.70, for a total value of $1,269,886.80. Following the sale, the executive vice president directly owned 73,832 shares in the company, valued at $20,724,642.40. The trade was a 5.77% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 43,084 shares of company stock worth $12,446,825 over the last 90 days. Insiders own 18.10% of the company’s stock.

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.