5,037 Shares in Zscaler, Inc. $ZS Purchased by Atlatl Advisers LLC

Atlatl Advisers LLC bought a new stake in Zscaler, Inc. (NASDAQ:ZS) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 5,037 shares of the company’s stock, valued at approximately $1,581,000.

Several other institutional investors have also recently added to or reduced their stakes in ZS. T. Rowe Price Investment Management Inc. acquired a new position in Zscaler in the 1st quarter valued at about $516,622,000. Nuveen LLC acquired a new position in Zscaler in the 1st quarter valued at about $153,340,000. Goldman Sachs Group Inc. raised its stake in Zscaler by 23.4% in 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 last quarter. Woodline Partners LP acquired a new position in Zscaler in the 1st quarter valued at about $70,340,000. Finally, Vanguard Group Inc. raised its stake in Zscaler by 3.1% in the 1st quarter. Vanguard Group Inc. now owns 9,890,506 shares of the company’s stock valued at $1,962,474,000 after purchasing an additional 294,034 shares during the last quarter. Institutional investors and hedge funds own 46.45% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently weighed in on ZS. BMO Capital Markets boosted their target price on shares of Zscaler from $295.00 to $315.00 and gave the company an “outperform” rating in a research note on Wednesday, September 3rd. Robert W. Baird boosted their target price on shares of Zscaler from $330.00 to $345.00 and gave the company an “outperform” rating in a research note on Wednesday, September 3rd. KeyCorp upped their price objective on shares of Zscaler from $345.00 to $350.00 and gave the company an “overweight” rating in a research note on Wednesday, September 3rd. Wedbush reaffirmed an “outperform” rating and set a $330.00 price objective on shares of Zscaler in a research note on Wednesday, September 3rd. Finally, Barclays upped their price objective on shares of Zscaler from $300.00 to $320.00 and gave the company an “overweight” rating in a research note on Wednesday, September 3rd. One analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $307.86.

Insider Buying and Selling at Zscaler

In related news, CEO Jagtar Singh Chaudhry sold 2,865 shares of the stock in a transaction that occurred on Tuesday, September 16th. The shares were sold at an average price of $280.70, for a total transaction of $804,205.50. Following the completion of the sale, the chief executive officer owned 350,700 shares of the company’s stock, valued at approximately $98,441,490. This represents a 0.81% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Raj Judge sold 4,524 shares of the 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 sale, the executive vice president directly owned 73,832 shares of the company’s stock, valued at approximately $20,724,642.40. This trade represents a 5.77% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 43,084 shares of company stock worth $12,446,825 in the last quarter. Company insiders own 18.10% of the company’s stock.

Zscaler Trading Up 1.3%

NASDAQ ZS opened at $323.00 on Friday. The company has a 50-day moving average of $290.53 and a 200-day moving average of $275.43. The company has a market cap of $51.13 billion, a P/E ratio of -1,196.30 and a beta of 1.06. Zscaler, Inc. has a 12 month low of $164.78 and a 12 month high of $327.39. 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 (NASDAQ:ZS) last posted its earnings results 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. The firm had revenue of $719.23 million during the quarter, compared to the consensus estimate of $707.15 million. Zscaler had a negative net margin of 1.55% and a negative return on equity of 0.47%. The company’s revenue was up 21.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $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. As a group, equities analysts predict that Zscaler, Inc. will post -0.1 earnings per share for the current year.

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.