Blue Trust Inc. Has $369,000 Stake in Zscaler, Inc. $ZS

Blue Trust Inc. boosted its stake in Zscaler, Inc. (NASDAQ:ZS) by 2,115.1% in the second quarter, HoldingsChannel.com reports. The firm owned 1,174 shares of the company’s stock after buying an additional 1,121 shares during the period. Blue Trust Inc.’s holdings in Zscaler were worth $369,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in ZS. T. Rowe Price Investment Management Inc. acquired a new stake in shares of Zscaler in the first quarter valued at about $516,622,000. Nuveen LLC acquired a new stake in Zscaler during the 1st quarter valued at approximately $153,340,000. Goldman Sachs Group Inc. increased its position in Zscaler by 23.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 3,048,238 shares of the company’s stock valued at $604,831,000 after purchasing an additional 578,883 shares during the period. Woodline Partners LP acquired a new stake in Zscaler during the 1st quarter valued at approximately $70,340,000. Finally, Vanguard Group Inc. increased its position in shares of Zscaler by 3.1% during the first quarter. Vanguard Group Inc. now owns 9,890,506 shares of the company’s stock worth $1,962,474,000 after buying an additional 294,034 shares during the period. Institutional investors and hedge funds own 46.45% of the company’s stock.

Analyst Upgrades and Downgrades

ZS has been the subject of several recent analyst reports. Scotiabank decreased their price objective on shares of Zscaler from $360.00 to $334.00 and set a “sector outperform” rating for the company in a research report on Wednesday, September 3rd. Robert W. Baird increased their price target on Zscaler from $330.00 to $345.00 and gave the stock an “outperform” rating in a report on Wednesday, September 3rd. JPMorgan Chase & Co. raised their target price on Zscaler from $348.00 to $351.00 and gave the stock an “overweight” rating in a research note on Wednesday, September 3rd. JMP Securities reaffirmed a “market outperform” rating and set a $355.00 target price on shares of Zscaler in a research note on Wednesday, September 3rd. Finally, Royal Bank Of Canada raised their target price on Zscaler from $335.00 to $350.00 and gave the stock an “outperform” rating in a research note on Thursday, October 2nd. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Zscaler has a consensus rating of “Moderate Buy” and a consensus target price of $307.43.

Zscaler Stock Performance

Shares of ZS opened at $313.04 on Tuesday. The company has a debt-to-equity ratio of 0.95, a current ratio of 2.01 and a quick ratio of 2.01. Zscaler, Inc. has a one year low of $164.78 and a one year high of $319.89. The stock has a 50-day moving average of $284.81 and a 200-day moving average of $268.53. The company has a market cap of $49.55 billion, a PE ratio of -1,159.41 and a beta of 1.06.

Zscaler (NASDAQ:ZS) last announced its quarterly earnings data on Tuesday, September 2nd. The company reported $0.89 EPS for the quarter, beating analysts’ consensus estimates of $0.80 by $0.09. Zscaler had a negative return on equity of 0.47% and a negative net margin of 1.55%.The firm had revenue of $719.23 million during the quarter, compared to analysts’ expectations of $707.15 million. During the same quarter last year, the firm posted $0.88 earnings per share. The company’s revenue for the quarter was up 21.3% compared to the same quarter last year. Zscaler has set its FY 2026 guidance at 3.640-3.680 EPS. Q1 2026 guidance at 0.850-0.860 EPS. On average, equities research analysts predict that Zscaler, Inc. will post -0.1 EPS for the current fiscal year.

Insider Buying and Selling at Zscaler

In other news, insider Robert Schlossman sold 7,006 shares of Zscaler stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $305.57, for a total transaction of $2,140,823.42. Following the completion of the transaction, the insider directly owned 76,132 shares in the company, valued at $23,263,655.24. This trade represents a 8.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Jagtar Singh Chaudhry sold 2,865 shares of Zscaler stock in a transaction dated Tuesday, September 16th. The shares were sold at an average price of $280.70, for a total value of $804,205.50. Following the transaction, the chief executive officer owned 350,700 shares of the company’s stock, valued at $98,441,490. This trade represents a 0.81% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 39,884 shares of company stock worth $11,406,825. 18.10% of the stock is owned by company insiders.

Zscaler Company 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.