Zscaler, Inc. $ZS is Princeton Capital Management LLC’s 10th Largest Position

Princeton Capital Management LLC lifted its holdings in Zscaler, Inc. (NASDAQ:ZS) by 3.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 23,322 shares of the company’s stock after buying an additional 794 shares during the period. Zscaler comprises approximately 2.2% of Princeton Capital Management LLC’s portfolio, making the stock its 10th biggest position. Princeton Capital Management LLC’s holdings in Zscaler were worth $7,322,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of ZS. Parcion Private Wealth LLC boosted its position in Zscaler by 3.3% during the 2nd quarter. Parcion Private Wealth LLC now owns 1,200 shares of the company’s stock worth $377,000 after acquiring an additional 38 shares during the period. Secure Asset Management LLC increased its holdings in shares of Zscaler by 1.8% in the 2nd quarter. Secure Asset Management LLC now owns 2,436 shares of the company’s stock valued at $765,000 after purchasing an additional 43 shares during the period. Tlwm lifted its position in shares of Zscaler by 1.0% in the second quarter. Tlwm now owns 4,649 shares of the company’s stock worth $1,460,000 after purchasing an additional 44 shares in the last quarter. Earned Wealth Advisors LLC boosted its holdings in shares of Zscaler by 4.3% during the second quarter. Earned Wealth Advisors LLC now owns 1,336 shares of the company’s stock worth $419,000 after purchasing an additional 55 shares during the period. Finally, Emerald Advisers LLC grew its position in Zscaler by 1.9% during the second quarter. Emerald Advisers LLC now owns 3,116 shares of the company’s stock valued at $978,000 after purchasing an additional 57 shares in the last quarter. 46.45% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, insider Robert Schlossman sold 7,006 shares of the company’s stock in a transaction that occurred on Thursday, October 2nd. The stock was 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. The trade was a 8.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Adam Geller sold 11,193 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 value of $3,141,875.10. Following the completion of the sale, the insider directly owned 53,942 shares of the company’s stock, valued at $15,141,519.40. This represents a 17.18% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 43,084 shares of company stock worth $12,446,825 over the last quarter. 18.10% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on ZS shares. Evercore ISI increased their target price on shares of Zscaler from $290.00 to $320.00 and gave the stock an “outperform” rating in a research report on Wednesday, September 3rd. Piper Sandler increased their price objective on Zscaler from $260.00 to $280.00 and gave the stock a “neutral” rating in a report on Wednesday, September 3rd. B. Riley began coverage on Zscaler in a research note on Tuesday, August 26th. They issued a “neutral” rating and a $275.00 target price on the stock. Susquehanna raised their price target on Zscaler from $320.00 to $340.00 and gave the stock a “positive” rating in a research note on Wednesday, September 3rd. Finally, Needham & Company LLC restated a “buy” rating and issued a $350.00 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, thirty have given a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $310.14.

Zscaler Price Performance

NASDAQ ZS opened at $317.92 on Friday. Zscaler, Inc. has a 1 year low of $164.78 and a 1 year high of $336.99. The company has a fifty day simple moving average of $300.06 and a 200 day simple moving average of $283.27. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.95. The company has a market cap of $50.33 billion, a P/E ratio of -1,177.48 and a beta of 1.06.

Zscaler (NASDAQ:ZS) last announced its earnings results on Tuesday, September 2nd. The company reported $0.89 EPS for the quarter, topping the consensus estimate 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 quarter last year, the firm posted $0.88 EPS. The business’s quarterly revenue 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. On average, sell-side analysts predict that Zscaler, Inc. will post -0.1 EPS 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.