Danske Bank A S Buys 10,588 Shares of Zscaler, Inc. $ZS

Danske Bank A S increased its stake in shares of Zscaler, Inc. (NASDAQ:ZS) by 23.9% during the 4th quarter, Holdings Channel.com reports. The firm owned 54,859 shares of the company’s stock after acquiring an additional 10,588 shares during the quarter. Danske Bank A S’s holdings in Zscaler were worth $12,339,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of ZS. Vanguard Group Inc. lifted its holdings in Zscaler by 0.5% in the fourth quarter. Vanguard Group Inc. now owns 11,423,424 shares of the company’s stock valued at $2,569,357,000 after buying an additional 55,521 shares during the period. Groupama Asset Managment lifted its holdings in Zscaler by 76,352.6% in the third quarter. Groupama Asset Managment now owns 4,750,000 shares of the company’s stock valued at $1,423,385,000 after buying an additional 4,743,787 shares during the period. State Street Corp lifted its holdings in Zscaler by 4.5% in the third quarter. State Street Corp now owns 2,259,804 shares of the company’s stock valued at $677,173,000 after buying an additional 97,366 shares during the period. First Trust Advisors LP lifted its holdings in Zscaler by 9.5% in the third quarter. First Trust Advisors LP now owns 2,228,134 shares of the company’s stock valued at $667,682,000 after buying an additional 193,281 shares during the period. Finally, AQR Capital Management LLC lifted its holdings in Zscaler by 61.8% in the third quarter. AQR Capital Management LLC now owns 1,941,571 shares of the company’s stock valued at $576,083,000 after buying an additional 741,756 shares during the period. 46.45% of the stock is owned by institutional investors.

Zscaler Stock Performance

ZS opened at $139.81 on Monday. The firm’s fifty day moving average is $143.64 and its two-hundred day moving average is $210.21. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.90 and a current ratio of 1.90. The firm has a market cap of $22.48 billion, a PE ratio of -332.88 and a beta of 0.96. Zscaler, Inc. has a twelve month low of $114.63 and a twelve month high of $336.99.

Zscaler (NASDAQ:ZS) last posted its earnings results on Thursday, February 26th. The company reported $1.01 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.12. The company had revenue of $815.75 million for the quarter, compared to analyst estimates of $798.92 million. Zscaler had a negative net margin of 2.25% and a positive return on equity of 0.06%. The business’s revenue for the quarter was up 25.9% compared to the same quarter last year. During the same period last year, the business posted $0.78 earnings per share. 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 research analysts anticipate that Zscaler, Inc. will post -0.03 EPS for the current year.

Insider Buying and Selling

In other Zscaler news, EVP Raj Judge sold 2,488 shares of the stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $156.59, for a total value of $389,595.92. Following the sale, the executive vice president directly owned 67,906 shares in the company, valued at approximately $10,633,400.54. This trade represents a 3.53% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Adam Geller sold 2,094 shares of the stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $153.53, for a total transaction of $321,491.82. Following the completion of the sale, the insider owned 46,949 shares in the company, valued at approximately $7,208,079.97. This trade represents a 4.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 12,130 shares of company stock valued at $1,892,487. 17.20% of the stock is owned by company insiders.

Analyst Ratings Changes

ZS has been the topic of several analyst reports. Piper Sandler cut their price objective on shares of Zscaler from $260.00 to $185.00 and set a “neutral” rating on the stock in a report on Friday, February 27th. KeyCorp cut their price objective on shares of Zscaler from $220.00 to $160.00 and set an “overweight” rating on the stock in a report on Wednesday, April 15th. Weiss Ratings restated a “sell (d-)” rating on shares of Zscaler in a report on Wednesday, January 21st. Cantor Fitzgerald cut their price objective on shares of Zscaler from $365.00 to $300.00 and set an “overweight” rating on the stock in a report on Tuesday, February 24th. Finally, Barclays set a $220.00 price objective on shares of Zscaler in a report on Thursday, February 19th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, eight have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Zscaler has an average rating of “Moderate Buy” and a consensus target price of $263.46.

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.