Westport Asset Management Inc. Purchases Shares of 4,500 Zscaler, Inc. $ZS

Westport Asset Management Inc. purchased a new position in shares of Zscaler, Inc. (NASDAQ:ZS) during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 4,500 shares of the company’s stock, valued at approximately $631,000.

Other large investors also recently modified their holdings of the company. Kentucky Retirement Systems Insurance Trust Fund boosted its stake in Zscaler by 1.4% during the third quarter. Kentucky Retirement Systems Insurance Trust Fund now owns 2,569 shares of the company’s stock worth $770,000 after acquiring an additional 36 shares in the last quarter. Parallel Advisors LLC raised its holdings in shares of Zscaler by 10.9% during the third quarter. Parallel Advisors LLC now owns 397 shares of the company’s stock valued at $119,000 after purchasing an additional 39 shares during the period. Smartleaf Asset Management LLC raised its holdings in shares of Zscaler by 7.5% during the second quarter. Smartleaf Asset Management LLC now owns 648 shares of the company’s stock valued at $204,000 after purchasing an additional 45 shares during the period. Yousif Capital Management LLC boosted its position in shares of Zscaler by 3.8% during the 4th quarter. Yousif Capital Management LLC now owns 1,326 shares of the company’s stock worth $274,000 after purchasing an additional 48 shares in the last quarter. Finally, Larson Financial Group LLC boosted its position in shares of Zscaler by 2.6% during the 3rd quarter. Larson Financial Group LLC now owns 2,040 shares of the company’s stock worth $611,000 after purchasing an additional 52 shares in the last quarter. Institutional investors and hedge funds own 46.45% of the company’s stock.

Zscaler Stock Performance

ZS opened at $142.32 on Monday. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.86 and a quick ratio of 1.86. Zscaler, Inc. has a fifty-two week low of $114.63 and a fifty-two week high of $336.99. The firm has a market capitalization of $23.01 billion, a PE ratio of -296.49, a P/E/G ratio of 81.56 and a beta of 0.96. The company’s 50-day moving average is $143.06 and its 200 day moving average is $156.39.

Zscaler (NASDAQ:ZS) last announced its quarterly earnings results on Tuesday, May 26th. The company reported $1.08 earnings per share for the quarter, beating the consensus estimate of $1.01 by $0.07. The business had revenue of $850.48 million for the quarter, compared to analysts’ expectations of $835.14 million. Zscaler had a negative net margin of 2.44% and a negative return on equity of 0.37%. The firm’s revenue for the quarter was up 25.4% compared to the same quarter last year. During the same quarter last year, the firm earned $0.84 EPS. Zscaler has set its Q4 2026 guidance at 1.080-1.090 EPS and its FY 2026 guidance at 4.100-4.110 EPS. As a group, research analysts predict that Zscaler, Inc. will post 0.12 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

ZS has been the subject of a number of research analyst reports. TD Cowen reaffirmed a “buy” rating on shares of Zscaler in a research report on Wednesday, May 27th. Stephens reiterated an “overweight” rating and issued a $200.00 price target on shares of Zscaler in a report on Friday, June 12th. Wells Fargo & Company reduced their price objective on Zscaler from $210.00 to $180.00 and set an “overweight” rating for the company in a research note on Thursday, May 28th. Rosenblatt Securities restated a “buy” rating and set a $200.00 price objective on shares of Zscaler in a report on Wednesday, June 10th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $180.00 target price on shares of Zscaler in a research report on Wednesday, June 10th. Thirty-four research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Zscaler has an average rating of “Moderate Buy” and a consensus target price of $214.21.

Insider Buying and Selling

In other news, insider Robert Schlossman sold 3,146 shares of the firm’s stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $126.43, for a total value of $397,748.78. Following the transaction, the insider owned 69,366 shares in the company, valued at $8,769,943.38. This trade represents a 4.34% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Kevin Rubin sold 3,000 shares of Zscaler stock in a transaction that occurred on Thursday, June 25th. The shares were sold at an average price of $124.22, for a total value of $372,660.00. Following the transaction, the chief financial officer directly owned 41,901 shares in the company, valued at approximately $5,204,942.22. The trade was a 6.68% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 15,766 shares of company stock worth $1,978,587 over the last three months. Company insiders own 17.20% of the company’s stock.

Zscaler Company Profile

Zscaler is a cloud security company that delivers a cloud-native platform to protect users, applications and data as organizations move away from traditional, network-centric security architectures. The company focuses on a zero trust approach that assumes no implicit trust for users or devices, providing secure access to the internet, SaaS applications and private applications regardless of where users are located. Zscaler positions its services as an alternative to legacy appliances and site-centric VPNs, aiming to simplify security while enabling modern, distributed workforces.

Key offerings are built around the Zscaler Zero Trust Exchange, a multi-tenant cloud platform that enforces security and access policies in-line.