Zscaler, Inc. $ZS Shares Purchased by Jain Global LLC

Jain Global LLC raised its position in Zscaler, Inc. (NASDAQ:ZS) by 273.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 113,235 shares of the company’s stock after acquiring an additional 82,877 shares during the quarter. Jain Global LLC owned approximately 0.07% of Zscaler worth $33,932,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Federated Hermes Inc. boosted its stake in shares of 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 period. Vanguard Group Inc. increased its stake in Zscaler by 8.3% during the 2nd quarter. Vanguard Group Inc. now owns 10,715,132 shares of the company’s stock worth $3,363,909,000 after buying an additional 824,626 shares during the period. AQR Capital Management LLC increased its stake in Zscaler by 61.8% during the 3rd quarter. AQR Capital Management LLC now owns 1,941,571 shares of the company’s stock worth $576,083,000 after buying an additional 741,756 shares during the period. Skandinaviska Enskilda Banken AB publ lifted its holdings in Zscaler by 167.7% during the 2nd quarter. Skandinaviska Enskilda Banken AB publ now owns 421,393 shares of the company’s stock worth $132,250,000 after buying an additional 263,982 shares in the last quarter. Finally, 1832 Asset Management L.P. lifted its holdings in Zscaler by 131.4% during the 2nd quarter. 1832 Asset Management L.P. now owns 461,800 shares of the company’s stock worth $144,977,000 after buying an additional 262,200 shares in the last quarter. 46.45% of the stock is currently owned by hedge funds and other institutional investors.

Zscaler Price Performance

Shares of ZS opened at $153.76 on Monday. The firm has a market capitalization of $24.72 billion, a price-to-earnings ratio of -366.10 and a beta of 1.07. The firm’s fifty day simple moving average is $184.68 and its 200-day simple moving average is $246.72. Zscaler, Inc. has a twelve month low of $140.56 and a twelve month high of $336.99. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 0.78.

Zscaler (NASDAQ:ZS) last issued its earnings results on Thursday, February 26th. The company reported $1.01 EPS for the quarter, topping analysts’ consensus estimates of $0.89 by $0.12. Zscaler had a negative net margin of 2.25% and a positive return on equity of 0.06%. The firm had revenue of $815.75 million during the quarter, compared to the consensus estimate of $798.92 million. During the same quarter in the previous year, the firm posted $0.78 earnings per share. The company’s revenue 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. Equities analysts forecast that Zscaler, Inc. will post -0.1 EPS for the current fiscal year.

Insider Buying and Selling at Zscaler

In other news, insider Robert Schlossman sold 3,084 shares of the firm’s stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $230.82, for a total transaction of $711,848.88. Following the sale, the insider owned 77,002 shares of the company’s stock, valued at approximately $17,773,601.64. This trade represents a 3.85% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Jagtar Singh Chaudhry sold 2,843 shares of the business’s stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $230.82, for a total value of $656,221.26. Following the sale, the chief executive officer owned 347,857 shares of the company’s stock, valued at approximately $80,292,352.74. The trade was a 0.81% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 19,350 shares of company stock worth $4,471,509. Corporate insiders own 17.20% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Capital One Financial set a $320.00 price target on shares of Zscaler and gave the stock an “overweight” rating in a research note on Wednesday, November 26th. Oppenheimer reduced their price objective on Zscaler from $280.00 to $250.00 and set an “outperform” rating on the stock in a research note on Tuesday, March 10th. Wells Fargo & Company initiated coverage on Zscaler in a report on Tuesday, March 3rd. They issued an “overweight” rating and a $200.00 target price for the company. Stephens cut their price target on Zscaler from $340.00 to $225.00 and set an “overweight” rating on the stock in a report on Monday, February 23rd. Finally, JPMorgan Chase & Co. reduced their price target on Zscaler from $354.00 to $267.00 and set an “overweight” rating on the stock in a research report on Friday, February 20th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $267.13.

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.