Aspiriant LLC Buys New Holdings in Zscaler, Inc. $ZS

Aspiriant LLC purchased a new position in shares of Zscaler, Inc. (NASDAQ:ZS) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 694 shares of the company’s stock, valued at approximately $218,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of ZS. ORG Partners LLC boosted its stake in shares of Zscaler by 284.8% during the 1st quarter. ORG Partners LLC now owns 127 shares of the company’s stock worth $26,000 after acquiring an additional 94 shares during the period. SVB Wealth LLC acquired a new stake in Zscaler during the 1st quarter valued at $26,000. Goodman Advisory Group LLC bought a new position in Zscaler during the first quarter worth $29,000. N.E.W. Advisory Services LLC acquired a new position in shares of Zscaler in the first quarter valued at $29,000. Finally, Exane Asset Management raised its position in shares of Zscaler by 185.7% in the second quarter. Exane Asset Management now owns 100 shares of the company’s stock valued at $31,000 after purchasing an additional 65 shares during the period. Institutional investors own 46.45% of the company’s stock.

Insiders Place Their Bets

In related news, insider Adam Geller sold 10,464 shares of the company’s stock in a transaction on Wednesday, September 17th. The stock was sold at an average price of $284.25, for a total transaction of $2,974,392.00. Following the completion of the sale, the insider directly owned 43,478 shares in the company, valued at $12,358,621.50. This represents a 19.40% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Jagtar Singh Chaudhry sold 2,865 shares of the firm’s 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 completion of the sale, the chief executive officer directly owned 350,700 shares in the company, valued at $98,441,490. This trade represents a 0.81% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 39,884 shares of company stock valued at $11,406,825 over the last ninety days. Company insiders own 18.10% of the company’s stock.

Zscaler Stock Up 0.3%

ZS stock opened at $300.25 on Friday. The company has a market cap of $47.53 billion, a PE ratio of -1,112.04 and a beta of 1.06. The business has a 50-day simple moving average of $286.62 and a 200 day simple moving average of $270.81. Zscaler, Inc. has a 52 week low of $164.78 and a 52 week high of $319.89. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.95.

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, topping analysts’ consensus estimates of $0.80 by $0.09. Zscaler had a negative net margin of 1.55% and a negative return on equity of 0.47%. The firm had revenue of $719.23 million for the quarter, compared to the consensus estimate of $707.15 million. During the same period in the prior year, the company posted $0.88 earnings per share. The business’s revenue for the quarter was up 21.3% on a year-over-year basis. 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 fiscal year.

Analysts Set New Price Targets

Several analysts recently commented on the stock. Morgan Stanley raised shares of Zscaler from an “equal weight” rating to an “overweight” rating and lifted their target price for the stock from $280.00 to $320.00 in a report on Tuesday, September 2nd. Barclays boosted their price objective on Zscaler from $300.00 to $320.00 and gave the stock an “overweight” rating in a report on Wednesday, September 3rd. Cantor Fitzgerald reiterated an “overweight” rating and set a $340.00 target price on shares of Zscaler in a research note on Wednesday, September 3rd. Evercore ISI boosted their price target on Zscaler from $290.00 to $320.00 and gave the company an “outperform” rating in a research note on Wednesday, September 3rd. Finally, JMP Securities reaffirmed a “market outperform” rating and issued a $355.00 price objective on shares of Zscaler in a report on Wednesday, September 3rd. One equities 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 issued a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $307.43.

About Zscaler

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.