Zscaler, Inc. $ZS Shares Bought by Mark Sheptoff Financial Planning LLC

Mark Sheptoff Financial Planning LLC increased its position in Zscaler, Inc. (NASDAQ:ZS) by 1,278.3% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 1,585 shares of the company’s stock after acquiring an additional 1,470 shares during the period. Mark Sheptoff Financial Planning LLC’s holdings in Zscaler were worth $498,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of ZS. Stratos Wealth Partners LTD. acquired a new position in Zscaler in the 1st quarter valued at $455,000. Allworth Financial LP grew its position in shares of Zscaler by 47.4% in the first quarter. Allworth Financial LP now owns 1,002 shares of the company’s stock valued at $211,000 after purchasing an additional 322 shares during the period. Cerity Partners LLC increased its stake in Zscaler by 0.3% in the first quarter. Cerity Partners LLC now owns 22,928 shares of the company’s stock valued at $4,549,000 after purchasing an additional 68 shares during the last quarter. WESPAC Advisors LLC purchased a new position in Zscaler during the first quarter worth about $279,000. Finally, Xponance Inc. lifted its position in Zscaler by 5.7% during the first quarter. Xponance Inc. now owns 18,097 shares of the company’s stock worth $3,591,000 after buying an additional 970 shares during the period. Hedge funds and other institutional investors own 46.45% of the company’s stock.

Zscaler Trading Up 0.7%

Shares of ZS stock opened at $320.01 on Friday. 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, Inc. has a fifty-two week low of $164.78 and a fifty-two week high of $336.99. The firm’s 50 day moving average price is $300.92 and its two-hundred day moving average price is $284.15. The stock has a market cap of $50.66 billion, a price-to-earnings ratio of -1,185.22 and a beta of 1.06.

Zscaler (NASDAQ:ZS) last released its quarterly earnings data on Tuesday, September 2nd. The company reported $0.89 earnings per share (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 company had revenue of $719.23 million during the quarter, compared to analyst estimates of $707.15 million. During the same quarter in the prior year, the business earned $0.88 earnings per share. The business’s quarterly revenue 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, analysts anticipate that Zscaler, Inc. will post -0.1 EPS for the current year.

Insider Buying and Selling

In other Zscaler news, insider Robert Schlossman sold 3,200 shares of the firm’s stock in a transaction dated Friday, October 24th. The stock was sold at an average price of $325.00, for a total value of $1,040,000.00. Following the transaction, the insider directly owned 80,086 shares of the company’s stock, valued at $26,027,950. This trade represents a 3.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Adam Geller sold 10,464 shares of the company’s stock in a transaction dated Wednesday, September 17th. The stock was sold at an average price of $284.25, for a total value of $2,974,392.00. Following the completion of the sale, the insider directly owned 43,478 shares of the company’s stock, valued at $12,358,621.50. The trade was a 19.40% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 43,084 shares of company stock valued at $12,446,825 in the last 90 days. 18.10% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several analysts have commented on ZS shares. Needham & Company LLC restated a “buy” rating and issued a $350.00 price target on shares of Zscaler in a report on Wednesday, September 3rd. Canaccord Genuity Group raised their target price on shares of Zscaler from $320.00 to $340.00 and gave the stock a “buy” rating in a research report on Thursday, September 4th. Piper Sandler boosted their target price on shares of Zscaler from $260.00 to $280.00 and gave the company a “neutral” rating in a report on Wednesday, September 3rd. JMP Securities reaffirmed a “market outperform” rating and set a $355.00 price target on shares of Zscaler in a research note on Wednesday, September 3rd. Finally, Macquarie began coverage on shares of Zscaler in a report on Friday, October 31st. They issued an “outperform” rating and a $390.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $310.14.

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.