Olympiad Research LP Sells 348 Shares of Zscaler, Inc. $ZS

Olympiad Research LP decreased its stake in Zscaler, Inc. (NASDAQ:ZS) by 33.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 683 shares of the company’s stock after selling 348 shares during the period. Olympiad Research LP’s holdings in Zscaler were worth $214,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. T. Rowe Price Investment Management Inc. acquired a new stake in Zscaler during the 1st quarter worth approximately $516,622,000. Nuveen LLC acquired a new position in Zscaler during the 1st quarter worth about $153,340,000. Goldman Sachs Group Inc. grew its position in shares of Zscaler by 23.4% in the 1st 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 last quarter. Woodline Partners LP acquired a new stake in shares of Zscaler in the first quarter valued at about $70,340,000. Finally, Vanguard Group Inc. lifted its stake in shares of Zscaler by 3.1% in the first quarter. Vanguard Group Inc. now owns 9,890,506 shares of the company’s stock worth $1,962,474,000 after acquiring an additional 294,034 shares during the period. 46.45% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Zscaler

In related news, EVP Raj Judge sold 4,524 shares of the stock in a transaction dated 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 transaction, the executive vice president owned 73,832 shares of the company’s stock, valued at approximately $20,724,642.40. This represents a 5.77% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Robert Schlossman sold 3,200 shares of Zscaler 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 transaction, the insider directly owned 80,086 shares of the company’s stock, valued at approximately $26,027,950. This represents a 3.84% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 43,084 shares of company stock valued at $12,446,825 in the last ninety days. Insiders own 18.10% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on ZS. Rosenblatt Securities upped their price target on Zscaler from $315.00 to $330.00 and gave the stock a “buy” rating in a research note on Wednesday, September 3rd. Guggenheim reaffirmed a “neutral” rating on shares of Zscaler in a research report on Wednesday, September 3rd. B. Riley began coverage on Zscaler in a report on Tuesday, August 26th. They issued a “neutral” rating and a $275.00 target price for the company. BMO Capital Markets boosted their price objective on Zscaler from $295.00 to $315.00 and gave the stock an “outperform” rating in a research report on Wednesday, September 3rd. Finally, Stifel Nicolaus raised their target price on Zscaler from $295.00 to $330.00 and gave the company a “buy” rating in a research report on Wednesday, September 3rd. One analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $312.39.

Zscaler Stock Down 3.0%

Shares of NASDAQ ZS opened at $299.45 on Friday. 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 50-day moving average of $305.33 and a 200 day moving average of $287.91. The stock has a market cap of $47.40 billion, a PE ratio of -1,109.07 and a beta of 1.06. Zscaler, Inc. has a 12-month low of $164.78 and a 12-month 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, beating the consensus estimate of $0.80 by $0.09. The company had revenue of $719.23 million for the quarter, compared to analyst estimates of $707.15 million. Zscaler had a negative net margin of 1.55% and a negative return on equity of 0.47%. Zscaler’s revenue was up 21.3% on a year-over-year basis. During the same period in the previous year, the business 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. As a group, sell-side analysts predict that Zscaler, Inc. will post -0.1 EPS for the current fiscal year.

Zscaler 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.