Deutsche Bank AG Invests $53.95 Million in Zscaler, Inc. $ZS

Deutsche Bank AG purchased a new position in Zscaler, Inc. (NASDAQ:ZS) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 382,183 shares of the company’s stock, valued at approximately $53,945,000.

A number of other large investors have also recently added to or reduced their stakes in the business. Vanguard Group Inc. raised its position in shares of Zscaler by 0.5% in the fourth quarter. Vanguard Group Inc. now owns 11,423,424 shares of the company’s stock valued at $2,569,357,000 after buying an additional 55,521 shares during the last quarter. First Trust Advisors LP raised its holdings in shares of Zscaler by 36.2% in the 1st quarter. First Trust Advisors LP now owns 3,518,678 shares of the company’s stock worth $493,635,000 after purchasing an additional 935,781 shares during the period. Price T Rowe Associates Inc. MD raised its stake in shares of Zscaler by 43.3% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 2,572,358 shares of the company’s stock valued at $578,576,000 after acquiring an additional 777,414 shares during the period. State Street Corp lifted its stake in shares of Zscaler by 3.4% during the fourth quarter. State Street Corp now owns 2,337,604 shares of the company’s stock worth $525,774,000 after purchasing an additional 77,800 shares in the last quarter. Finally, Geode Capital Management LLC increased its stake in Zscaler by 5.0% during the 4th quarter. Geode Capital Management LLC now owns 2,069,630 shares of the company’s stock worth $464,783,000 after buying an additional 98,140 shares during the period. 46.45% of the stock is owned by institutional investors and hedge funds.

Zscaler Price Performance

Shares of NASDAQ:ZS opened at $174.95 on Friday. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.72. Zscaler, Inc. has a fifty-two week low of $114.63 and a fifty-two week high of $336.99. The firm has a 50-day simple moving average of $150.05 and a 200 day simple moving average of $150.32. The company has a market cap of $28.29 billion, a PE ratio of -364.47, a P/E/G ratio of 72.45 and a beta of 0.94.

Zscaler (NASDAQ:ZS) last released its quarterly earnings data on Tuesday, May 26th. The company reported $1.08 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.07. Zscaler had a negative net margin of 2.44% and a negative return on equity of 0.37%. The firm had revenue of $850.48 million for the quarter, compared to analyst estimates of $835.14 million. During the same quarter in the prior year, the business earned $0.84 earnings per share. Zscaler’s quarterly revenue was up 25.4% on a year-over-year basis. Zscaler has set its Q4 2026 guidance at 1.080-1.090 EPS and its FY 2026 guidance at 4.100-4.110 EPS. On average, sell-side analysts anticipate that Zscaler, Inc. will post 0.12 EPS for the current year.

Analysts Set New Price Targets

ZS has been the topic of several analyst reports. Sanford C. Bernstein dropped 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. Needham & Company LLC restated a “buy” rating and set a $180.00 price objective on shares of Zscaler in a research note on Wednesday, June 10th. Canaccord Genuity Group reaffirmed a “buy” rating and set a $210.00 target price on shares of Zscaler in a report on Thursday, June 11th. Evercore set a $155.00 target price on Zscaler and gave the stock an “in-line” rating in a research report on Wednesday, May 27th. Finally, Wedbush reiterated an “outperform” rating and issued a $220.00 price target on shares of Zscaler in a report on Wednesday, June 10th. Thirty-four analysts have rated the stock with a Buy rating, six have issued 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 an average price target of $214.72.

Insider Buying and Selling

In related news, CEO Jagtar Singh Chaudhry sold 2,878 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 $363,865.54. Following the sale, the chief executive officer owned 343,038 shares of the company’s stock, valued at approximately $43,370,294.34. This trade represents a 0.83% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Adam Geller sold 2,817 shares of the business’s stock in a transaction that occurred on Monday, June 22nd. The shares were sold at an average price of $122.60, for a total value of $345,364.20. Following the transaction, the insider owned 42,314 shares of the company’s stock, valued at $5,187,696.40. This represents a 6.24% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 16,269 shares of company stock valued at $2,052,589 over the last three months. 17.20% of the stock is owned by company insiders.

Trending Headlines about Zscaler

Here are the key news stories impacting Zscaler this week:

• Positive Sentiment: Analysts raised price targets: Mizuho increased its target from $185 to $210 and maintained an “outperform” rating, while Stifel lifted its target from $175 to $200 and kept a “buy” rating. Cantor Fitzgerald also reaffirmed its “overweight” rating with a $225 target, reflecting continued confidence in Zscaler’s growth prospects. Benzinga analyst reports Cantor Fitzgerald rating report
• Positive Sentiment: Potential quarterly upside: Oppenheimer expects Zscaler to deliver a slight upside to fiscal fourth-quarter results, suggesting execution remains solid ahead of the company’s upcoming earnings report. Zscaler Likely to Deliver Slight Q4 Upside
• Neutral Sentiment: Recent coverage highlights conflicting analyst views on Zscaler and other technology companies, indicating that valuation and the company’s future growth outlook remain subjects of debate. Conflicting Analyst Sentiments
• Neutral Sentiment: Investor-focused articles discuss how to buy Zscaler stock and whether it is a buy or sell, but provide no new company-specific operating update or immediate catalyst. How to Buy Zscaler Stock Zscaler Stock Buy or Sell
• Negative Sentiment: Market underperformance pressured the stock: Zscaler fell more sharply than the broader market in the latest session. The report did not identify a new fundamental problem, so the move appears driven primarily by market sentiment, profit-taking, or valuation concerns rather than a downgrade. Zscaler Registers a Bigger Fall Than the Market

Zscaler 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.