Zscaler, Inc. $ZS Holdings Raised by Metis Global Partners LLC

Metis Global Partners LLC boosted its stake in Zscaler, Inc. (NASDAQ:ZS) by 54.6% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 2,732 shares of the company’s stock after acquiring an additional 965 shares during the quarter. Metis Global Partners LLC’s holdings in Zscaler were worth $858,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. T. Rowe Price Investment Management Inc. acquired a new stake in Zscaler in the 1st quarter valued at about $516,622,000. Nuveen LLC purchased a new position in Zscaler during the 1st quarter worth approximately $153,340,000. Goldman Sachs Group Inc. raised its position in Zscaler by 23.4% during 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. Woodline Partners LP acquired a new position in shares of Zscaler in the 1st quarter valued at about $70,340,000. Finally, Vanguard Group Inc. lifted its position in Zscaler by 3.1% in the 1st quarter. Vanguard Group Inc. now owns 9,890,506 shares of the company’s stock worth $1,962,474,000 after buying an additional 294,034 shares in the last quarter. Institutional investors own 46.45% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on ZS shares. Stifel Nicolaus lifted their target price on shares of Zscaler from $295.00 to $330.00 and gave the company a “buy” rating in a research note on Wednesday, September 3rd. B. Riley initiated coverage on Zscaler in a research note on Tuesday, August 26th. They set a “neutral” rating and a $275.00 target price for the company. JPMorgan Chase & Co. raised their price target on shares of Zscaler from $348.00 to $351.00 and gave the stock an “overweight” rating in a research report on Wednesday, September 3rd. Guggenheim reissued a “neutral” rating on shares of Zscaler in a report on Wednesday, September 3rd. Finally, Wedbush increased their price target on shares of Zscaler from $330.00 to $350.00 and gave the stock an “outperform” rating in a research report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $310.69.

Zscaler Price Performance

ZS opened at $331.29 on Wednesday. The company has a fifty day moving average price of $303.09 and a two-hundred day moving average price of $287.00. The firm has a market capitalization of $52.44 billion, a PE ratio of -1,227.00 and a beta of 1.06. The company has a debt-to-equity ratio of 0.95, a quick ratio of 2.01 and a current ratio of 2.01. Zscaler, Inc. has a 52 week low of $164.78 and a 52 week high of $336.99.

Zscaler (NASDAQ:ZS) last posted its earnings results on Tuesday, September 2nd. The company reported $0.89 earnings per share for the quarter, topping the consensus estimate of $0.80 by $0.09. Zscaler had a negative net margin of 1.55% and a negative return on equity of 0.47%. The company had revenue of $719.23 million for the quarter, compared to analyst estimates of $707.15 million. During the same period last year, the business posted $0.88 earnings per share. The business’s revenue for the quarter 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. As a group, analysts anticipate that Zscaler, Inc. will post -0.1 earnings per share for the current year.

Insider Buying and Selling

In other news, EVP Raj Judge sold 4,524 shares of the business’s stock in a transaction that occurred on Tuesday, September 16th. The stock was sold at an average price of $280.70, for a total transaction of $1,269,886.80. Following the completion of the sale, the executive vice president 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 sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Adam Geller sold 11,193 shares of the firm’s stock in a transaction dated Tuesday, September 16th. The stock was sold at an average price of $280.70, for a total transaction of $3,141,875.10. Following the transaction, the insider directly owned 53,942 shares in the company, valued at approximately $15,141,519.40. This represents a 17.18% 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 worth $12,446,825 over the last 90 days. Company insiders own 18.10% of the company’s stock.

Zscaler Company Profile

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.