Public Employees Retirement System of Ohio purchased a new position in Zscaler, Inc. (NASDAQ:ZS – Free Report) in the second quarter, HoldingsChannel.com reports. The firm purchased 29,780 shares of the company’s stock, valued at approximately $4,203,000.
A number of other hedge funds also recently made changes to their positions in the company. Binnacle Investments Inc acquired a new position in shares of Zscaler during the third quarter worth $25,000. AlphaCentric Advisors LLC acquired a new position in Zscaler in the 4th quarter worth $29,000. University of Texas Texas AM Investment Management Co. purchased a new position in Zscaler in the 4th quarter valued at about $30,000. Mcguire Capital Advisors Inc. purchased a new position in Zscaler in the 4th quarter valued at about $32,000. Finally, Western Wealth Management LLC acquired a new stake in shares of Zscaler during the first quarter valued at about $33,000. Hedge funds and other institutional investors own 46.45% of the company’s stock.
Insider Transactions at Zscaler
In related news, CEO Jagtar Chaudhry sold 2,878 shares of Zscaler stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $126.43, for a total transaction of $363,865.54. Following the transaction, the chief executive officer directly owned 343,038 shares of the company’s stock, valued at $43,370,294.34. The trade was a 0.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Robert Schlossman sold 3,146 shares of the business’s stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $126.43, for a total transaction of $397,748.78. Following the completion of the sale, the insider owned 69,366 shares in the company, valued at approximately $8,769,943.38. This trade represents a 4.34% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders sold 16,772 shares of company stock worth $2,139,799. Corporate insiders own 17.20% of the company’s stock.
Zscaler News Summary
- Positive Sentiment: Zscaler reported fourth-quarter revenue of $898.2 million, up 24.9% year over year and above the $877.0 million analyst consensus. Adjusted earnings of $1.19 per share also surpassed expectations of $1.09 and increased from $0.89 a year earlier. Zscaler Q4 Earnings and Revenues Top Estimates
- Positive Sentiment: Annual recurring revenue rose 25% to $3.77 billion, while net new ARR reached $246 million. Management highlighted record large-deal activity, stronger sales productivity and growing contributions from non-seat-based products. Zscaler Reports Strong Q4 and Fiscal 2026 Results
- Positive Sentiment: Fiscal 2027 first-quarter guidance calls for revenue of $935 million to $939 million and adjusted EPS of $1.15 to $1.16, ahead of consensus estimates of $925.5 million and $0.86, respectively. Full-year adjusted EPS guidance of $4.86 to $4.90 also exceeded the $3.70 consensus. Zscaler Stock Soars on Earnings Beat and Upbeat Guidance
- Positive Sentiment: Non-GAAP operating margin reached a record 24%, and management said its agentic security offering is gaining momentum as customers seek protection for AI agents and models. Zscaler Q4 2026 Earnings Call Transcript
Analyst Upgrades and Downgrades
ZS has been the subject of a number of analyst reports. Mizuho increased their price target on Zscaler from $185.00 to $210.00 and gave the company an “outperform” rating in a report on Wednesday, August 19th. Stifel Nicolaus increased their target price on Zscaler from $175.00 to $200.00 and gave the company a “buy” rating in a research note on Wednesday, August 19th. B. Riley Financial dropped their price target on shares of Zscaler from $225.00 to $215.00 and set a “buy” rating for the company in a research note on Wednesday, May 27th. Needham & Company LLC reiterated a “buy” rating and set a $180.00 price objective on shares of Zscaler in a research note on Wednesday, June 10th. Finally, Wolfe Research reissued an “outperform” rating and set a $150.00 price objective on shares of Zscaler in a report on Thursday, June 11th. Thirty-four research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $213.10.
Get Our Latest Stock Report on Zscaler
Zscaler Trading Up 2.9%
Shares of ZS stock opened at $177.80 on Friday. Zscaler, Inc. has a 1 year low of $114.63 and a 1 year high of $336.99. The firm has a market capitalization of $28.75 billion, a PE ratio of -370.41, a price-to-earnings-growth ratio of 101.67 and a beta of 0.95. The stock has a fifty day moving average of $160.51 and a two-hundred day moving average of $150.39. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.86 and a current ratio of 1.86.
Zscaler (NASDAQ:ZS – Get Free Report) last posted its quarterly earnings data on Thursday, September 3rd. The company reported $1.19 earnings per share for the quarter, topping the consensus estimate of $1.09 by $0.10. The business had revenue of $898.18 million during the quarter, compared to the consensus estimate of $876.96 million. Zscaler had a negative net margin of 2.44% and a negative return on equity of 0.37%. The company’s quarterly revenue was up 24.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.89 earnings per share. Zscaler has set its FY 2027 guidance at 4.860-4.900 EPS and its Q1 2027 guidance at 1.150-1.160 EPS. As a group, research analysts expect that Zscaler, Inc. will post 0.13 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.
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Want to see what other hedge funds are holding ZS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Zscaler, Inc. (NASDAQ:ZS – Free Report).
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