Nwam LLC Acquires 187 Shares of Zscaler, Inc. $ZS

Nwam LLC grew its holdings in shares of Zscaler, Inc. (NASDAQ:ZS) by 7.3% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 2,752 shares of the company’s stock after acquiring an additional 187 shares during the period. Nwam LLC’s holdings in Zscaler were worth $795,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the business. Vanguard Group Inc. increased its holdings in Zscaler by 3.1% in the first quarter. Vanguard Group Inc. now owns 9,890,506 shares of the company’s stock valued at $1,962,474,000 after purchasing an additional 294,034 shares during the period. Goldman Sachs Group Inc. increased its stake in shares of Zscaler by 23.4% in the first quarter. Goldman Sachs Group Inc. now owns 3,048,238 shares of the company’s stock valued at $604,831,000 after buying an additional 578,883 shares during the period. T. Rowe Price Investment Management Inc. acquired a new stake in shares of Zscaler in the first quarter valued at about $516,622,000. AQR Capital Management LLC raised its position in shares of Zscaler by 23.6% during the first quarter. AQR Capital Management LLC now owns 1,191,930 shares of the company’s stock worth $234,715,000 after acquiring an additional 227,899 shares during the last quarter. Finally, Nuveen LLC acquired a new position in shares of Zscaler in the first quarter worth approximately $153,340,000. Institutional investors and hedge funds own 46.45% of the company’s stock.

Insider Activity

In other news, insider Robert Schlossman sold 7,006 shares of the company’s stock in a transaction on Thursday, October 2nd. The shares were sold at an average price of $305.57, for a total value of $2,140,823.42. Following the completion of the sale, the insider owned 76,132 shares in the company, valued at $23,263,655.24. This represents a 8.43% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Raj Judge sold 4,524 shares of the firm’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 $1,269,886.80. Following the transaction, 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 43,084 shares of company stock valued at $12,446,825 over the last quarter. 18.10% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of research firms have weighed in on ZS. Wedbush increased their target price on shares of Zscaler from $330.00 to $350.00 and gave the company an “outperform” rating in a research report on Monday. Cantor Fitzgerald reiterated an “overweight” rating and set a $340.00 price objective on shares of Zscaler in a research report on Wednesday, September 3rd. JPMorgan Chase & Co. lifted their target price 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. UBS Group dropped their target price on shares of Zscaler from $365.00 to $350.00 and set a “buy” rating on the stock in a report on Wednesday, September 3rd. Finally, Royal Bank Of Canada upped their price target on shares of Zscaler from $335.00 to $350.00 and gave the company an “outperform” rating in a research report on Thursday, October 2nd. One equities research analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Zscaler presently has a consensus rating of “Moderate Buy” and a consensus price target of $310.69.

Zscaler Trading Up 0.7%

ZS opened at $331.29 on Wednesday. Zscaler, Inc. has a 1-year low of $164.78 and a 1-year high of $336.99. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.95. The company has a market cap of $52.44 billion, a P/E ratio of -1,227.00 and a beta of 1.06. The company has a fifty day moving average price of $303.09 and a two-hundred day moving average price of $287.00.

Zscaler (NASDAQ:ZS) last issued its earnings results on Tuesday, September 2nd. The company reported $0.89 earnings per share for the quarter, topping 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 company had revenue of $719.23 million for the quarter, compared to analyst estimates of $707.15 million. During the same period in the prior year, the firm earned $0.88 earnings per share. 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. Analysts predict that Zscaler, Inc. will post -0.1 EPS for the current fiscal 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.