Voya Investment Management LLC Has $268.87 Million Holdings in Zscaler, Inc. $ZS

Voya Investment Management LLC lessened its stake in shares of Zscaler, Inc. (NASDAQ:ZS) by 2.3% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 897,246 shares of the company’s stock after selling 21,415 shares during the period. Voya Investment Management LLC owned 0.57% of Zscaler worth $268,869,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of ZS. Brookstone Capital Management acquired a new position in shares of Zscaler during the second quarter worth approximately $283,000. VestGen Advisors LLC acquired a new stake in Zscaler in the 2nd quarter valued at $1,592,000. Mackenzie Financial Corp increased its stake in Zscaler by 133.6% during the 2nd quarter. Mackenzie Financial Corp now owns 14,780 shares of the company’s stock valued at $4,640,000 after purchasing an additional 8,454 shares in the last quarter. Schroder Investment Management Group raised its holdings in Zscaler by 11.5% during the second quarter. Schroder Investment Management Group now owns 164,061 shares of the company’s stock worth $51,505,000 after buying an additional 16,868 shares during the last quarter. Finally, Ensign Peak Advisors Inc raised its holdings in Zscaler by 9.9% during the second quarter. Ensign Peak Advisors Inc now owns 395,391 shares of the company’s stock worth $124,129,000 after buying an additional 35,770 shares during the last quarter. 46.45% of the stock is owned by institutional investors.

Zscaler Price Performance

Shares of NASDAQ:ZS opened at $231.09 on Friday. The company has a market capitalization of $36.85 billion, a P/E ratio of -888.77 and a beta of 1.07. The company’s 50-day moving average is $286.74 and its 200 day moving average is $289.66. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.82 and a current ratio of 1.82. Zscaler, Inc. has a fifty-two week low of $164.78 and a fifty-two week high of $336.99.

Zscaler (NASDAQ:ZS) last announced its quarterly earnings data on Tuesday, November 25th. The company reported $0.96 EPS for the quarter, topping the consensus estimate of $0.85 by $0.11. The business had revenue of $788.11 million for the quarter, compared to analyst estimates of $773.86 million. Zscaler had a negative net margin of 1.45% and a negative return on equity of 0.12%. The company’s revenue for the quarter was up 25.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.77 earnings per share. Zscaler has set its FY 2026 guidance at 3.780-3.820 EPS and its Q2 2026 guidance at 0.890-0.900 EPS. On average, equities research analysts forecast that Zscaler, Inc. will post -0.1 earnings per share for the current year.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the stock. Loop Capital set a $320.00 price target on shares of Zscaler in a research report on Thursday, December 11th. Susquehanna increased their price objective on Zscaler from $320.00 to $340.00 and gave the stock a “positive” rating in a research note on Wednesday, September 3rd. Wall Street Zen lowered Zscaler from a “buy” rating to a “hold” rating in a report on Saturday, October 18th. Berenberg Bank decreased their price target on Zscaler from $400.00 to $390.00 and set a “buy” rating for the company in a report on Friday, November 28th. Finally, Canaccord Genuity Group increased their price target on Zscaler from $320.00 to $340.00 and gave the company a “buy” rating in a research report on Thursday, September 4th. One analyst has rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Zscaler currently has an average rating of “Moderate Buy” and an average price target of $322.66.

Insider Buying and Selling

In other Zscaler news, insider Adam Geller sold 1,620 shares of the firm’s stock in a transaction on Wednesday, December 17th. The stock was sold at an average price of $232.79, for a total value of $377,119.80. Following the completion of the sale, the insider directly owned 50,528 shares of the company’s stock, valued at $11,762,413.12. This trade represents a 3.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CFO Kevin Rubin sold 3,303 shares of the business’s stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of $230.82, for a total value of $762,398.46. Following the completion of the sale, the chief financial officer owned 48,161 shares in the company, valued at approximately $11,116,522.02. The trade was a 6.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 28,903 shares of company stock worth $7,504,284 in the last three months. Insiders own 17.20% of the company’s stock.

Zscaler Profile

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.