Cache Advisors LLC Has $2.14 Million Holdings in Zscaler, Inc. $ZS

Cache Advisors LLC raised its holdings in shares of Zscaler, Inc. (NASDAQ:ZS) by 168.0% during the 3rd quarter, HoldingsChannel reports. The fund owned 7,144 shares of the company’s stock after purchasing an additional 4,478 shares during the period. Cache Advisors LLC’s holdings in Zscaler were worth $2,141,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Tradewinds Capital Management LLC grew its position in Zscaler by 145.7% during the third quarter. Tradewinds Capital Management LLC now owns 86 shares of the company’s stock valued at $26,000 after purchasing an additional 51 shares in the last quarter. Root Financial Partners LLC purchased a new stake in Zscaler in the 3rd quarter worth approximately $26,000. McIlrath & Eck LLC acquired a new stake in Zscaler during the third quarter valued at $29,000. E Fund Management Hong Kong Co. Ltd. grew its stake in shares of Zscaler by 81.9% in the 3rd quarter. E Fund Management Hong Kong Co. Ltd. now owns 131 shares of the company’s stock valued at $39,000 after buying an additional 59 shares in the last quarter. Finally, Spire Wealth Management increased its stake in shares of Zscaler by 48.9% during the 3rd quarter. Spire Wealth Management now owns 131 shares of the company’s stock worth $39,000 after purchasing an additional 43 shares during the last quarter. 46.45% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Zscaler

In related news, EVP Raj Judge sold 3,438 shares of the firm’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 $793,559.16. Following the completion of the transaction, the executive vice president directly owned 70,394 shares of the company’s stock, valued at approximately $16,248,343.08. This trade represents a 4.66% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director James A. Beer sold 653 shares of the stock in a transaction on Friday, January 2nd. The shares were sold at an average price of $226.72, for a total transaction of $148,048.16. Following the completion of the sale, the director owned 3,485 shares of the company’s stock, valued at approximately $790,119.20. This represents a 15.78% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 19,350 shares of company stock valued at $4,471,509 in the last ninety days. Insiders own 17.20% of the company’s stock.

Zscaler Stock Down 12.2%

Zscaler stock opened at $146.99 on Friday. The company has a 50 day moving average of $198.92 and a 200-day moving average of $255.06. 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, Inc. has a twelve month low of $140.56 and a twelve month high of $336.99. The stock has a market capitalization of $23.44 billion, a PE ratio of -349.98, a price-to-earnings-growth ratio of 299.64 and a beta of 1.02.

Zscaler (NASDAQ:ZS) last announced its earnings results on Thursday, February 26th. The company reported $1.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.89 by $0.12. Zscaler had a positive return on equity of 0.06% and a negative net margin of 2.25%.The business had revenue of $815.75 million for the quarter, compared to analyst estimates of $798.92 million. During the same quarter last year, the firm earned $0.78 EPS. Zscaler’s revenue for the quarter was up 25.9% compared to the same quarter last year. Zscaler has set its Q3 2026 guidance at 1.000-1.010 EPS and its FY 2026 guidance at 3.990-4.020 EPS. On average, equities research analysts anticipate that Zscaler, Inc. will post -0.1 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on ZS shares. Capital One Financial set a $320.00 price target on shares of Zscaler and gave the company an “overweight” rating in a research report on Wednesday, November 26th. Oppenheimer lowered their price objective on Zscaler from $345.00 to $280.00 and set an “outperform” rating on the stock in a research report on Friday. Sanford C. Bernstein raised shares of Zscaler from a “market perform” rating to an “outperform” rating and set a $228.00 price target for the company in a research report on Friday, February 13th. Loop Capital set a $320.00 price objective on Zscaler in a report on Thursday, December 11th. Finally, Robert W. Baird reduced their target price on Zscaler from $360.00 to $300.00 and set an “outperform” rating on the stock in a report on Monday, February 23rd. One equities research analyst has rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $274.37.

Key Stories Impacting Zscaler

Here are the key news stories impacting Zscaler this week:

• Positive Sentiment: Q2 results beat: adjusted EPS $1.01 vs. $0.89 est., revenue $815.8M vs. ~$799M est., and ARR grew ~25% year/year — signals demand momentum. GlobeNewswire: Q2 Results
• Positive Sentiment: Management is pitching AI security growth and new initiatives (AI Guard, agentic security, India AI/Cyber center with Airtel) as durable secular drivers that expand TAM beyond seat-based SaaS. CFO Interview Airtel AI Center
• Neutral Sentiment: Management issued updated forward guidance and commentary (Q3 EPS range and FY EPS range were provided), creating mixed signals that markets are parsing. Earnings Highlights
• Neutral Sentiment: Executives (CEO & CFO) gave interviews and the full call transcript is available — useful for investors wanting detail on churn, acquisitions and how AI monetization will scale. Earnings Call Transcript
• Negative Sentiment: Wider GAAP loss and higher spending: the company posted a larger net loss driven by increased sales, marketing and R&D, which pressured investor sentiment. Reuters: Wider Loss
• Negative Sentiment: Mixed/uncertain revenue outlook commentary: some outlets reported the company lowered aspects of its revenue outlook, creating confusion and weighing on the stock despite EPS beats. Benzinga: Revenue Guidance Report
• Negative Sentiment: Broad analyst price‑target cuts today from multiple firms (Canaccord, Morgan Stanley, Oppenheimer, Berenberg, Needham, and others) have amplified selling pressure even as many kept “buy/outperform” stances — the cuts compress perception of near‑term upside. MarketScreener: Analyst Cuts
• Negative Sentiment: Market reaction: investors appear to be focusing on margin/expense trajectory, competitive pressure and near-term revenue clarity rather than the company’s AI growth story — producing the stock decline. Seeking Alpha: Market Reaction

About Zscaler

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.