Strategic Investment Solutions Inc. IL Purchases New Shares in Zscaler, Inc. $ZS

Strategic Investment Solutions Inc. IL purchased a new position in Zscaler, Inc. (NASDAQ:ZSFree Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 4,118 shares of the company’s stock, valued at approximately $581,000.

A number of other large investors also recently added to or reduced their stakes in the stock. Oxbow Advisors LLC purchased a new stake in shares of Zscaler during the fourth quarter worth about $2,939,000. Qsemble Capital Management LP lifted its position in shares of Zscaler by 105.5% in the fourth quarter. Qsemble Capital Management LP now owns 15,773 shares of the company’s stock valued at $3,548,000 after acquiring an additional 8,099 shares in the last quarter. Leonteq Securities AG purchased a new position in shares of Zscaler in the fourth quarter valued at approximately $4,571,000. Norges Bank acquired a new stake in shares of Zscaler in the fourth quarter worth approximately $79,762,000. Finally, Swedbank AB boosted its stake in shares of Zscaler by 92.8% in the fourth quarter. Swedbank AB now owns 20,706 shares of the company’s stock worth $4,657,000 after acquiring an additional 9,966 shares during the last quarter. 46.45% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, CFO Kevin Rubin sold 503 shares of Zscaler stock in a transaction on Monday, July 27th. The stock was sold at an average price of $147.12, for a total transaction of $74,001.36. Following the transaction, the chief financial officer owned 41,398 shares in the company, valued at $6,090,473.76. The trade was a 1.20% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Robert Schlossman sold 3,146 shares of the business’s stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $126.43, for a total transaction of $397,748.78. Following the transaction, the insider directly owned 69,366 shares in the company, valued at approximately $8,769,943.38. The trade was a 4.34% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 16,269 shares of company stock valued at $2,052,589 over the last 90 days. Insiders own 17.20% of the company’s stock.

Zscaler Price Performance

NASDAQ:ZS opened at $168.68 on Friday. Zscaler, Inc. has a one year low of $114.63 and a one year high of $336.99. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.86 and a current ratio of 1.86. The stock has a market cap of $27.28 billion, a PE ratio of -351.41, a P/E/G ratio of 58.52 and a beta of 0.94. The stock has a 50 day moving average price of $141.50 and a 200 day moving average price of $152.50.

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

Analysts Set New Price Targets

Several analysts recently commented on ZS shares. Scotiabank dropped their price target on Zscaler from $190.00 to $175.00 and set a “sector outperform” rating for the company in a research report on Wednesday, May 27th. Sanford C. Bernstein decreased their price objective on Zscaler from $228.00 to $224.00 and set an “outperform” rating on the stock in a report on Wednesday, May 27th. Robert W. Baird lowered their target price on shares of Zscaler from $265.00 to $230.00 and set an “outperform” rating on the stock in a research note on Wednesday, May 27th. Wolfe Research reaffirmed an “outperform” rating and set a $150.00 target price on shares of Zscaler in a report on Thursday, June 11th. Finally, KeyCorp increased their target price on shares of Zscaler from $176.00 to $185.00 and gave the company an “overweight” rating in a research report on Thursday, July 16th. Thirty-four equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued 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 $214.21.

View Our Latest Research Report on ZS

Zscaler Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding ZS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Zscaler, Inc. (NASDAQ:ZSFree Report).

Institutional Ownership by Quarter for Zscaler (NASDAQ:ZS)

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