Krilogy Financial LLC Makes New $4.95 Million Investment in Zscaler, Inc. $ZS

Krilogy Financial LLC purchased a new position in Zscaler, Inc. (NASDAQ:ZS) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 15,287 shares of the company’s stock, valued at approximately $4,951,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Federated Hermes Inc. grew its position in Zscaler by 314.0% in the 2nd quarter. Federated Hermes Inc. now owns 1,171,983 shares of the company’s stock valued at $367,932,000 after buying an additional 888,888 shares in the last quarter. Vanguard Group Inc. boosted its holdings in shares of Zscaler by 8.3% in the second quarter. Vanguard Group Inc. now owns 10,715,132 shares of the company’s stock valued at $3,363,909,000 after acquiring an additional 824,626 shares in the last quarter. Skandinaviska Enskilda Banken AB publ raised its holdings in Zscaler by 167.7% during the second quarter. Skandinaviska Enskilda Banken AB publ now owns 421,393 shares of the company’s stock worth $132,250,000 after purchasing an additional 263,982 shares in the last quarter. 1832 Asset Management L.P. lifted its position in Zscaler by 131.4% in the second quarter. 1832 Asset Management L.P. now owns 461,800 shares of the company’s stock worth $144,977,000 after purchasing an additional 262,200 shares during the period. Finally, Jefferies Financial Group Inc. boosted its stake in Zscaler by 113.5% during the 2nd quarter. Jefferies Financial Group Inc. now owns 24,000 shares of the company’s stock valued at $7,535,000 after purchasing an additional 201,267 shares in the last quarter. 46.45% of the stock is currently owned by institutional investors.

Zscaler Stock Performance

Shares of ZS opened at $174.34 on Wednesday. The firm has a market cap of $27.80 billion, a price-to-earnings ratio of -670.51, a price-to-earnings-growth ratio of 355.18 and a beta of 1.02. Zscaler, Inc. has a 12 month low of $162.87 and a 12 month high of $336.99. The company’s fifty day moving average is $218.07 and its 200-day moving average is $265.62. The company has a quick ratio of 1.82, a current ratio of 1.82 and a debt-to-equity ratio of 0.86.

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

Insider Buying and Selling

In related news, insider Adam Geller sold 2,060 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 transaction of $475,489.20. Following the transaction, the insider owned 52,148 shares of the company’s stock, valued at approximately $12,036,801.36. The trade was a 3.80% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO Kevin Rubin sold 3,303 shares of the company’s stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of $230.82, for a total transaction of $762,398.46. Following the transaction, the chief financial officer owned 48,161 shares of the company’s stock, valued at approximately $11,116,522.02. The trade was a 6.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 19,350 shares of company stock worth $4,471,509. 17.20% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on ZS shares. Loop Capital set a $320.00 price target on shares of Zscaler in a research report on Thursday, December 11th. BTIG Research reaffirmed a “buy” rating and issued a $365.00 price objective on shares of Zscaler in a research note on Wednesday, November 26th. UBS Group dropped their target price on shares of Zscaler from $350.00 to $340.00 and set a “buy” rating on the stock in a report on Wednesday, November 26th. Capital One Financial set a $320.00 target price on shares of Zscaler and gave the stock an “overweight” rating in a report on Wednesday, November 26th. Finally, Citizens Jmp restated a “market outperform” rating and issued a $355.00 price target on shares of Zscaler in a research report on Wednesday, November 26th. One 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. According to MarketBeat.com, Zscaler presently has an average rating of “Moderate Buy” and a consensus target price of $317.63.

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.