Ensign Peak Advisors Inc Boosts Stock Holdings in Zscaler, Inc. $ZS

Ensign Peak Advisors Inc boosted its position in Zscaler, Inc. (NASDAQ:ZS) by 9.9% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 395,391 shares of the company’s stock after buying an additional 35,770 shares during the quarter. Ensign Peak Advisors Inc owned approximately 0.25% of Zscaler worth $124,129,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. Brookstone Capital Management purchased a new position in shares of Zscaler in the second quarter valued at $283,000. Parisi Gray Wealth Management purchased a new position in Zscaler during the 2nd quarter valued at about $801,000. GGM Financials LLC bought a new stake in shares of Zscaler during the second quarter valued at about $5,811,000. Howe & Rusling Inc. lifted its holdings in shares of Zscaler by 17.1% in the first quarter. Howe & Rusling Inc. now owns 24,672 shares of the company’s stock worth $4,895,000 after buying an additional 3,611 shares in the last quarter. Finally, Focus Partners Wealth boosted its position in shares of Zscaler by 2.5% in the first quarter. Focus Partners Wealth now owns 62,083 shares of the company’s stock valued at $12,319,000 after acquiring an additional 1,517 shares during the period. 46.45% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

ZS has been the topic of several research analyst reports. Mizuho upped their price target on shares of Zscaler from $310.00 to $325.00 and gave the stock a “neutral” rating in a report on Monday. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $340.00 price target on shares of Zscaler in a report on Wednesday, September 3rd. Guggenheim reaffirmed a “neutral” rating on shares of Zscaler in a research note on Wednesday, September 3rd. Weiss Ratings reissued a “sell (d-)” rating on shares of Zscaler in a report on Wednesday, October 8th. Finally, Susquehanna raised their price objective on shares of Zscaler from $320.00 to $340.00 and gave the company a “positive” rating in a research report on Wednesday, September 3rd. One equities research analyst has rated the stock with a Strong Buy rating, thirty-one have given a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $316.65.

Zscaler Trading Down 0.4%

Shares of ZS opened at $291.81 on Thursday. 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 firm’s 50-day moving average price is $306.07 and its 200-day moving average price is $289.73. Zscaler, Inc. has a 1-year low of $164.78 and a 1-year high of $336.99. The firm has a market capitalization of $46.19 billion, a price-to-earnings ratio of -1,080.78 and a beta of 1.06.

Zscaler (NASDAQ:ZS) last announced 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 analysts’ expectations of $707.15 million. Zscaler had a negative return on equity of 0.47% and a negative net margin of 1.55%.The firm’s quarterly revenue was up 21.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.88 earnings per share. Zscaler has set its FY 2026 guidance at 3.640-3.680 EPS. Q1 2026 guidance at 0.850-0.860 EPS. Sell-side analysts anticipate that Zscaler, Inc. will post -0.1 EPS for the current year.

Insiders Place Their Bets

In other Zscaler news, CEO Jagtar Singh Chaudhry sold 2,865 shares of Zscaler stock in a transaction that occurred on Tuesday, September 16th. The shares were sold at an average price of $280.70, for a total value of $804,205.50. Following the completion of the sale, the chief executive officer owned 350,700 shares of the company’s stock, valued at approximately $98,441,490. The trade was a 0.81% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Adam Geller sold 10,464 shares of Zscaler stock in a transaction on Wednesday, September 17th. The stock was sold at an average price of $284.25, for a total value of $2,974,392.00. Following the completion of the sale, the insider directly owned 43,478 shares of the company’s stock, valued at $12,358,621.50. The trade was a 19.40% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 43,084 shares of company stock valued at $12,446,825. 18.10% of the stock is currently owned by corporate insiders.

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.