DekaBank Deutsche Girozentrale Decreases Stock Position in Zscaler, Inc. $ZS

DekaBank Deutsche Girozentrale trimmed its holdings in shares of Zscaler, Inc. (NASDAQ:ZS) by 13.1% during the second quarter, Holdings Channel reports. The fund owned 221,212 shares of the company’s stock after selling 33,415 shares during the quarter. DekaBank Deutsche Girozentrale’s holdings in Zscaler were worth $69,945,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the stock. Parisi Gray Wealth Management acquired a new stake in shares of Zscaler during the second quarter worth $801,000. GAMMA Investing LLC grew its holdings in Zscaler by 43.1% in the 1st quarter. GAMMA Investing LLC now owns 641 shares of the company’s stock worth $127,000 after buying an additional 193 shares in the last quarter. Howe & Rusling Inc. increased its holdings in shares of Zscaler by 17.1% during the first quarter. Howe & Rusling Inc. now owns 24,672 shares of the company’s stock valued at $4,895,000 after purchasing an additional 3,611 shares during the period. Focus Partners Wealth raised its position in shares of Zscaler by 2.5% during the 1st quarter. Focus Partners Wealth now owns 62,083 shares of the company’s stock worth $12,319,000 after buying an additional 1,517 shares in the last quarter. Finally, Allworth Financial LP boosted its stake in Zscaler by 47.4% during the 1st quarter. Allworth Financial LP now owns 1,002 shares of the company’s stock valued at $211,000 after purchasing an additional 322 shares in the last quarter. 46.45% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on ZS shares. BMO Capital Markets lifted their target price on Zscaler from $295.00 to $315.00 and gave the stock an “outperform” rating in a report on Wednesday, September 3rd. Scotiabank cut their price objective on Zscaler from $360.00 to $334.00 and set a “sector outperform” rating for the company in a report on Wednesday, September 3rd. B. Riley initiated coverage on shares of Zscaler in a research note on Tuesday, August 26th. They issued a “neutral” rating and a $275.00 target price for the company. Barclays increased their price objective on Zscaler from $300.00 to $320.00 and gave the company an “overweight” rating in a report on Wednesday, September 3rd. Finally, Wall Street Zen lowered shares of Zscaler from a “buy” rating to a “hold” rating in a research note on Saturday. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, eight have assigned a Hold rating and one has assigned 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 $307.86.

Zscaler Trading Up 1.5%

NASDAQ:ZS opened at $310.37 on Wednesday. The firm has a market capitalization of $49.13 billion, a price-to-earnings ratio of -1,149.52 and a beta of 1.06. The business’s 50-day moving average price is $288.01 and its two-hundred day moving average price is $272.54. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.95. Zscaler, Inc. has a 1-year low of $164.78 and a 1-year high of $319.89.

Zscaler (NASDAQ:ZS) last released its quarterly earnings data on Tuesday, September 2nd. The company reported $0.89 earnings per share for the quarter, beating the consensus estimate of $0.80 by $0.09. The business had revenue of $719.23 million for the quarter, compared to analysts’ expectations of $707.15 million. Zscaler had a negative return on equity of 0.47% and a negative net margin of 1.55%.Zscaler’s revenue for the quarter was up 21.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.88 EPS. 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 analysts expect that Zscaler, Inc. will post -0.1 earnings per share for the current year.

Insider Activity

In related news, EVP Raj Judge sold 4,524 shares of the business’s stock in a transaction that occurred on Tuesday, September 16th. The stock was sold at an average price of $280.70, for a total transaction of $1,269,886.80. Following the transaction, the executive vice president directly owned 73,832 shares of the company’s stock, valued at approximately $20,724,642.40. The trade was a 5.77% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Jagtar Singh Chaudhry sold 2,865 shares of Zscaler stock in a transaction on Tuesday, September 16th. The stock was sold at an average price of $280.70, for a total value of $804,205.50. Following the sale, the chief executive officer directly owned 350,700 shares of the company’s stock, valued at $98,441,490. This represents a 0.81% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 39,884 shares of company stock worth $11,406,825. Insiders own 18.10% of the company’s stock.

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.