Private Advisor Group LLC Increases Stock Holdings in Zscaler, Inc. $ZS

Private Advisor Group LLC raised its stake in shares of Zscaler, Inc. (NASDAQ:ZS) by 161.1% during the 1st quarter, Holdings Channel.com reports. The fund owned 36,570 shares of the company’s stock after acquiring an additional 22,566 shares during the period. Private Advisor Group LLC’s holdings in Zscaler were worth $5,130,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Integrated Wealth Concepts LLC raised its holdings in shares of Zscaler by 19.9% in the first quarter. Integrated Wealth Concepts LLC now owns 1,439 shares of the company’s stock valued at $285,000 after purchasing an additional 239 shares during the last quarter. NewEdge Advisors LLC grew its position in Zscaler by 8.2% in the 1st quarter. NewEdge Advisors LLC now owns 4,899 shares of the company’s stock worth $972,000 after purchasing an additional 370 shares in the last quarter. Empowered Funds LLC increased its stake in Zscaler by 9.2% in the 1st quarter. Empowered Funds LLC now owns 2,811 shares of the company’s stock valued at $558,000 after buying an additional 238 shares during the last quarter. Sivia Capital Partners LLC purchased a new stake in Zscaler in the 2nd quarter valued at about $252,000. Finally, Jump Financial LLC bought a new position in shares of Zscaler in the second quarter valued at approximately $3,019,000. Institutional investors own 46.45% of the company’s stock.

Insider Buying and Selling at Zscaler

In related news, insider Adam Geller sold 2,817 shares of Zscaler stock in a transaction on Monday, June 22nd. The shares were sold at an average price of $122.60, for a total value of $345,364.20. Following the transaction, the insider directly owned 42,314 shares of the company’s stock, valued at $5,187,696.40. The trade was a 6.24% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Kevin Rubin sold 3,000 shares of the business’s stock in a transaction dated Thursday, June 25th. The shares were sold at an average price of $124.22, for a total transaction of $372,660.00. Following the completion of the transaction, the chief financial officer owned 41,901 shares in the company, valued at $5,204,942.22. The trade was a 6.68% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 15,766 shares of company stock worth $1,978,587 in the last quarter. 17.20% of the stock is currently owned by company insiders.

Zscaler Stock Performance

NASDAQ:ZS opened at $149.50 on Wednesday. The company has a market capitalization of $24.18 billion, a price-to-earnings ratio of -311.45, a PEG ratio of 86.20 and a beta of 0.96. The business has a 50 day moving average of $142.89 and a 200 day moving average of $163.93. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.86 and a quick ratio of 1.86. Zscaler, Inc. has a 1-year low of $114.63 and a 1-year high of $336.99.

Zscaler (NASDAQ:ZS) last issued its quarterly earnings results on Tuesday, May 26th. The company reported $1.08 EPS for the quarter, beating analysts’ consensus estimates of $1.01 by $0.07. The business had revenue of $850.48 million for the quarter, compared to analysts’ expectations of $835.14 million. Zscaler had a negative net margin of 2.44% and a negative return on equity of 0.37%. The business’s quarterly revenue was up 25.4% on a year-over-year basis. During the same period last year, the business earned $0.84 earnings per share. Zscaler has set its Q4 2026 guidance at 1.080-1.090 EPS and its FY 2026 guidance at 4.100-4.110 EPS. On average, sell-side analysts predict that Zscaler, Inc. will post 0.12 earnings per share for the current fiscal year.

Analysts Set New Price Targets

ZS has been the subject of several research analyst reports. B. Riley Financial decreased their target price on Zscaler from $225.00 to $215.00 and set a “buy” rating for the company in a research report on Wednesday, May 27th. Sanford C. Bernstein lowered their price objective on Zscaler from $228.00 to $224.00 and set an “outperform” rating on the stock in a research note on Wednesday, May 27th. TD Cowen reissued a “buy” rating on shares of Zscaler in a report on Wednesday, May 27th. The Goldman Sachs Group reissued a “neutral” rating and issued a $179.00 price target on shares of Zscaler in a report on Wednesday, May 27th. Finally, BMO Capital Markets reduced their target price on Zscaler from $210.00 to $178.00 and set an “outperform” rating for the company in a research report on Wednesday, May 27th. Thirty-four research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $213.97.

Zscaler Company Profile

Zscaler is a cloud security company that delivers a cloud-native platform to protect users, applications and data as organizations move away from traditional, network-centric security architectures. The company focuses on a zero trust approach that assumes no implicit trust for users or devices, providing secure access to the internet, SaaS applications and private applications regardless of where users are located. Zscaler positions its services as an alternative to legacy appliances and site-centric VPNs, aiming to simplify security while enabling modern, distributed workforces.

Key offerings are built around the Zscaler Zero Trust Exchange, a multi-tenant cloud platform that enforces security and access policies in-line.