Munich Reinsurance Co Stock Corp in Munich Sells 3,649 Shares of Zscaler, Inc. $ZS

Munich Reinsurance Co Stock Corp in Munich reduced its holdings in Zscaler, Inc. (NASDAQ:ZS) by 15.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 19,978 shares of the company’s stock after selling 3,649 shares during the period. Munich Reinsurance Co Stock Corp in Munich’s holdings in Zscaler were worth $2,803,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ZS. Binnacle Investments Inc acquired a new position in shares of Zscaler during the 3rd quarter worth approximately $25,000. AlphaCentric Advisors LLC acquired a new position in Zscaler during the fourth quarter worth $29,000. University of Texas Texas AM Investment Management Co. acquired a new position in Zscaler during the fourth quarter worth $30,000. Mcguire Capital Advisors Inc. bought a new stake in Zscaler during the fourth quarter worth $32,000. Finally, Family CFO Inc bought a new stake in Zscaler during the fourth quarter worth $34,000. 46.45% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have recently commented on ZS. BMO Capital Markets decreased their price objective on shares of Zscaler from $210.00 to $178.00 and set an “outperform” rating for the company in a research report on Wednesday, May 27th. Guggenheim reaffirmed a “buy” rating and issued a $214.00 target price on shares of Zscaler in a report on Wednesday, June 10th. Scotiabank cut their target price on shares of Zscaler from $190.00 to $175.00 and set a “sector outperform” rating for the company in a research note on Wednesday, May 27th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $200.00 target price on shares of Zscaler in a research note on Wednesday, June 10th. Finally, Wedbush reiterated an “outperform” rating and set a $220.00 price target on shares of Zscaler in a report on Wednesday, June 10th. Thirty-four analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Zscaler presently has an average rating of “Moderate Buy” and an average price target of $213.97.

Insider Buying and Selling at Zscaler

In related news, CFO Kevin Rubin sold 3,000 shares of the firm’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 transaction, the chief financial officer directly owned 41,901 shares of the company’s stock, valued at approximately $5,204,942.22. This trade represents a 6.68% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Adam Geller sold 2,817 shares of the business’s stock in a transaction dated Monday, June 22nd. The shares were sold at an average price of $122.60, for a total transaction of $345,364.20. Following the completion of the sale, the insider directly owned 42,314 shares of the company’s stock, valued at $5,187,696.40. This represents a 6.24% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 15,766 shares of company stock valued at $1,978,587. 17.20% of the stock is currently owned by insiders.

Zscaler Price Performance

Zscaler stock opened at $147.12 on Friday. The company has a market capitalization of $23.79 billion, a price-to-earnings ratio of -306.49, a PEG ratio of 82.26 and a beta of 0.96. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.72. Zscaler, Inc. has a 12 month low of $114.63 and a 12 month high of $336.99. The stock’s 50 day moving average is $143.30 and its 200-day moving average is $162.71.

Zscaler (NASDAQ:ZS) last released its quarterly earnings results on Tuesday, May 26th. The company reported $1.08 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.07. Zscaler had a negative return on equity of 0.37% and a negative net margin of 2.44%.The business had revenue of $850.48 million during the quarter, compared to analysts’ expectations of $835.14 million. During the same period last year, the firm posted $0.84 EPS. The firm’s revenue for the quarter was up 25.4% compared to the same quarter last year. Zscaler has set its Q4 2026 guidance at 1.080-1.090 EPS and its FY 2026 guidance at 4.100-4.110 EPS. Equities research analysts expect that Zscaler, Inc. will post 0.12 EPS for the current year.

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.