Mediolanum International Funds Ltd Sells 18,294 Shares of Zscaler, Inc. $ZS

Mediolanum International Funds Ltd trimmed its holdings in shares of Zscaler, Inc. (NASDAQ:ZS) by 37.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 30,837 shares of the company’s stock after selling 18,294 shares during the quarter. Mediolanum International Funds Ltd’s holdings in Zscaler were worth $9,724,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Parcion Private Wealth LLC raised its position in Zscaler by 3.3% during the second quarter. Parcion Private Wealth LLC now owns 1,200 shares of the company’s stock valued at $377,000 after purchasing an additional 38 shares during the period. Secure Asset Management LLC boosted its stake in shares of Zscaler by 1.8% during the 2nd quarter. Secure Asset Management LLC now owns 2,436 shares of the company’s stock worth $765,000 after purchasing an additional 43 shares during the period. Tlwm grew its holdings in Zscaler by 1.0% during the 2nd quarter. Tlwm now owns 4,649 shares of the company’s stock valued at $1,460,000 after purchasing an additional 44 shares during the last quarter. STF Management LP raised its position in Zscaler by 2.2% in the 2nd quarter. STF Management LP now owns 2,273 shares of the company’s stock worth $714,000 after purchasing an additional 48 shares during the period. Finally, Earned Wealth Advisors LLC raised its position in Zscaler by 4.3% in the 2nd 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. Hedge funds and other institutional investors own 46.45% of the company’s stock.

Insider Activity

In other Zscaler news, insider Robert Schlossman sold 7,006 shares of Zscaler stock in a transaction on Thursday, October 2nd. The shares were sold at an average price of $305.57, for a total value of $2,140,823.42. Following the transaction, the insider directly owned 76,132 shares of the company’s stock, valued at approximately $23,263,655.24. The trade was a 8.43% decrease in their ownership of the stock. 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 company’s stock in a transaction on Tuesday, September 16th. The stock was sold at an average price of $280.70, for a total value of $1,269,886.80. Following the transaction, the executive vice president directly owned 73,832 shares in the company, valued at approximately $20,724,642.40. The trade was a 5.77% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 43,084 shares of company stock worth $12,446,825 in the last quarter. 18.10% of the stock is currently owned by corporate insiders.

Zscaler Stock Down 1.7%

Shares of NASDAQ ZS opened at $275.01 on Friday. Zscaler, Inc. has a 12-month low of $164.78 and a 12-month high of $336.99. The stock’s fifty day simple moving average is $305.77 and its two-hundred day simple moving average is $289.96. The stock has a market capitalization of $43.53 billion, a PE ratio of -1,018.56 and a beta of 1.06. 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 (NASDAQ:ZS) last issued its quarterly earnings data on Tuesday, September 2nd. The company reported $0.89 earnings per share for the quarter, topping analysts’ consensus estimates of $0.80 by $0.09. Zscaler had a negative return on equity of 0.47% and a negative net margin of 1.55%.The firm had revenue of $719.23 million during the quarter, compared to analysts’ expectations of $707.15 million. During the same period in the prior year, the business posted $0.88 EPS. The firm’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. As a group, analysts expect that Zscaler, Inc. will post -0.1 EPS for the current fiscal year.

Analyst Ratings Changes

Several brokerages have recently weighed in on ZS. Robert W. Baird increased their price target on Zscaler from $330.00 to $345.00 and gave the stock an “outperform” rating in a report on Wednesday, September 3rd. Morgan Stanley raised their price target on shares of Zscaler from $320.00 to $335.00 and gave the stock an “overweight” rating in a research note on Thursday, November 13th. Weiss Ratings reissued a “sell (d-)” rating on shares of Zscaler in a research report on Wednesday, October 8th. Royal Bank Of Canada upped their target price on shares of Zscaler from $350.00 to $366.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 12th. Finally, Evercore ISI raised 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. One investment analyst has rated the stock with a Strong Buy rating, thirty-one have given a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Zscaler currently has a consensus rating of “Moderate Buy” and an average target price of $316.65.

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.