Massachusetts Financial Services Co. MA Buys 38,707 Shares of Zscaler, Inc. $ZS

Massachusetts Financial Services Co. MA lifted its stake in shares of Zscaler, Inc. (NASDAQ:ZS) by 54.7% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 109,485 shares of the company’s stock after buying an additional 38,707 shares during the period. Massachusetts Financial Services Co. MA owned about 0.07% of Zscaler worth $32,808,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the company. Federated Hermes Inc. raised its position in Zscaler by 314.0% in the second quarter. Federated Hermes Inc. now owns 1,171,983 shares of the company’s stock valued at $367,932,000 after purchasing an additional 888,888 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of Zscaler by 8.3% during the second quarter. Vanguard Group Inc. now owns 10,715,132 shares of the company’s stock worth $3,363,909,000 after purchasing an additional 824,626 shares during the last quarter. Skandinaviska Enskilda Banken AB publ increased its stake in shares of Zscaler by 167.7% in the second quarter. Skandinaviska Enskilda Banken AB publ now owns 421,393 shares of the company’s stock valued at $132,250,000 after buying an additional 263,982 shares during the period. 1832 Asset Management L.P. raised its holdings in Zscaler by 131.4% in the 2nd quarter. 1832 Asset Management L.P. now owns 461,800 shares of the company’s stock valued at $144,977,000 after buying an additional 262,200 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. raised its holdings in Zscaler by 421.9% in the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 323,351 shares of the company’s stock valued at $101,513,000 after buying an additional 261,390 shares during the last quarter. Institutional investors and hedge funds own 46.45% of the company’s stock.

Analyst Ratings Changes

Several brokerages have issued reports on ZS. Sanford C. Bernstein cut shares of Zscaler from an “outperform” rating to a “hold” rating in a research report on Monday, December 1st. Barclays boosted their price objective on shares of Zscaler from $320.00 to $350.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 12th. Stifel Nicolaus lowered their target price on Zscaler from $330.00 to $320.00 and set a “buy” rating for the company in a research report on Wednesday, November 26th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Zscaler in a report on Wednesday. Finally, Royal Bank Of Canada reduced their price target on Zscaler from $366.00 to $290.00 and set an “outperform” rating on the stock in a research report on Monday, January 5th. One investment analyst has rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $317.63.

Insider Buying and Selling

In other news, insider Adam Geller sold 1,620 shares of the firm’s stock in a transaction dated 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 in the company, valued at $11,762,413.12. This trade represents a 3.11% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Robert Schlossman sold 2,349 shares of the business’s stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $232.79, for a total value of $546,823.71. Following the completion of the sale, the insider directly owned 74,653 shares of the company’s stock, valued at $17,378,471.87. The trade was a 3.05% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 19,350 shares of company stock worth $4,471,509 over the last ninety days. 17.20% of the stock is owned by company insiders.

Zscaler Stock Performance

ZS stock opened at $208.31 on Friday. The firm has a market cap of $33.22 billion, a PE ratio of -801.16, a price-to-earnings-growth ratio of 3,429.46 and a beta of 1.02. The company has a current ratio of 1.82, a quick ratio of 1.82 and a debt-to-equity ratio of 0.86. The stock has a 50-day moving average price of $238.67 and a 200-day moving average price of $275.04. Zscaler, Inc. has a 1-year low of $164.78 and a 1-year high of $336.99.

Zscaler (NASDAQ:ZS) last released its earnings results 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 during the quarter, compared to analysts’ expectations of $773.86 million. Zscaler had a negative return on equity of 0.12% and a negative net margin of 1.45%.The firm’s revenue was up 25.5% on a year-over-year basis. During the same quarter last 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. As a group, equities research analysts expect that Zscaler, Inc. will post -0.1 earnings per share for the current year.

Zscaler 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.