Zscaler, Inc. $ZS Stock Holdings Decreased by Wedbush Securities Inc.

Wedbush Securities Inc. lowered its position in shares of Zscaler, Inc. (NASDAQ:ZS) by 17.2% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,095 shares of the company’s stock after selling 1,057 shares during the quarter. Wedbush Securities Inc.’s holdings in Zscaler were worth $1,600,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in ZS. SVB Wealth LLC acquired a new stake in Zscaler during the 1st quarter valued at $26,000. N.E.W. Advisory Services LLC purchased a new position in shares of Zscaler during the first quarter valued at $29,000. Quaker Wealth Management LLC raised its position in Zscaler by 200.0% during the second quarter. Quaker Wealth Management LLC now owns 97 shares of the company’s stock valued at $30,000 after buying an additional 194 shares during the period. Exane Asset Management lifted its stake in Zscaler by 185.7% in the 2nd quarter. Exane Asset Management now owns 100 shares of the company’s stock worth $31,000 after acquiring an additional 65 shares in the last quarter. Finally, Whittier Trust Co. purchased a new stake in Zscaler in the 1st quarter worth about $33,000. Institutional investors and hedge funds own 46.45% of the company’s stock.

Insider Activity

In other Zscaler news, insider Adam Geller sold 11,193 shares of the business’s stock in a transaction on Tuesday, September 16th. The shares were sold at an average price of $280.70, for a total transaction of $3,141,875.10. Following the completion of the transaction, the insider owned 53,942 shares of the company’s stock, valued at $15,141,519.40. The trade was a 17.18% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Jagtar Singh Chaudhry sold 2,865 shares of the company’s stock in a transaction dated Tuesday, September 16th. The shares were 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. This trade represents a 0.81% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 43,084 shares of company stock worth $12,446,825. 18.10% of the stock is owned by company insiders.

Zscaler Trading Up 0.7%

Zscaler stock opened at $320.01 on Friday. Zscaler, Inc. has a one year low of $164.78 and a one year high of $336.99. The company’s fifty day moving average price is $300.92 and its two-hundred day moving average price is $284.76. 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 company has a market capitalization of $50.66 billion, a price-to-earnings ratio of -1,185.22 and a beta of 1.06.

Zscaler (NASDAQ:ZS) last released its quarterly 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. Zscaler had a negative return on equity of 0.47% and a negative net margin of 1.55%.The company had revenue of $719.23 million during the quarter, compared to the consensus estimate of $707.15 million. During the same quarter in the prior year, the company posted $0.88 EPS. The firm’s revenue 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. On average, analysts forecast that Zscaler, Inc. will post -0.1 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on ZS shares. Rosenblatt Securities upped their target price on Zscaler from $315.00 to $330.00 and gave the company a “buy” rating in a report on Wednesday, September 3rd. BMO Capital Markets boosted their price objective on shares of Zscaler from $295.00 to $315.00 and gave the company an “outperform” rating in a research report on Wednesday, September 3rd. Bank of America increased their target price on shares of Zscaler from $340.00 to $355.00 and gave the stock a “buy” rating in a research report on Monday, October 20th. Wall Street Zen cut shares of Zscaler from a “buy” rating to a “hold” rating in a report on Saturday, October 18th. Finally, Robert W. Baird upped their price target on shares of Zscaler from $330.00 to $345.00 and gave the stock an “outperform” rating in a research note on Wednesday, September 3rd. One investment analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Zscaler currently has a consensus rating of “Moderate Buy” and a consensus price target of $310.14.

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.