Northwestern Mutual Wealth Management Co. Sells 184,601 Shares of Zscaler, Inc. $ZS

Northwestern Mutual Wealth Management Co. lowered its holdings in shares of Zscaler, Inc. (NASDAQ:ZS) by 91.2% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 17,882 shares of the company’s stock after selling 184,601 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Zscaler were worth $4,022,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Binnacle Investments Inc bought a new position in Zscaler during the third quarter worth about $25,000. Root Financial Partners LLC bought a new position in Zscaler during the third quarter worth about $26,000. Picton Mahoney Asset Management bought a new position in Zscaler during the third quarter worth about $30,000. Family CFO Inc bought a new position in Zscaler during the fourth quarter worth about $34,000. Finally, Missouri Trust & Investment Co grew its holdings in Zscaler by 1,460.0% during the third quarter. Missouri Trust & Investment Co now owns 156 shares of the company’s stock worth $47,000 after purchasing an additional 146 shares during the period. Institutional investors own 46.45% of the company’s stock.

Insiders Place Their Bets

In related news, insider Adam Geller sold 2,094 shares of the business’s stock in a transaction that occurred on Wednesday, March 18th. The stock was sold at an average price of $153.53, for a total value of $321,491.82. Following the completion of the sale, the insider directly owned 46,949 shares in the company, valued at approximately $7,208,079.97. The trade was a 4.27% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Robert Schlossman sold 2,263 shares of the business’s stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $156.59, for a total value of $354,363.17. Following the completion of the sale, the insider owned 72,390 shares of the company’s stock, valued at approximately $11,335,550.10. This trade represents a 3.03% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 12,130 shares of company stock valued at $1,892,487 in the last quarter. Company insiders own 17.20% of the company’s stock.

Wall Street Analysts Forecast Growth

ZS has been the subject of a number of research analyst reports. Truist Financial reduced their price target on Zscaler from $350.00 to $250.00 and set a “buy” rating for the company in a report on Tuesday, February 17th. Morgan Stanley set a $155.00 price objective on Zscaler in a report on Thursday. Zacks Research cut Zscaler from a “hold” rating to a “strong sell” rating in a report on Wednesday, April 29th. Mizuho reduced their price objective on Zscaler from $265.00 to $250.00 and set an “outperform” rating for the company in a report on Friday, February 27th. Finally, Cantor Fitzgerald restated an “overweight” rating on shares of Zscaler in a report on Wednesday. Two research analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, eight have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $261.26.

Zscaler Stock Performance

Shares of ZS stock opened at $182.37 on Monday. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 0.78. The stock has a market cap of $29.32 billion, a P/E ratio of -434.21 and a beta of 0.96. The stock has a 50 day simple moving average of $144.52 and a 200 day simple moving average of $194.66. Zscaler, Inc. has a 1 year low of $114.63 and a 1 year high of $336.99.

Zscaler (NASDAQ:ZS) last issued its quarterly earnings results on Thursday, February 26th. The company reported $1.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.89 by $0.12. The business had revenue of $815.75 million during the quarter, compared to analysts’ expectations of $798.92 million. Zscaler had a positive return on equity of 0.06% and a negative net margin of 2.25%.The firm’s revenue for the quarter was up 25.9% compared to the same quarter last year. During the same period in the previous year, the company 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. On average, research analysts predict that Zscaler, Inc. will post -0.03 earnings per share for the current fiscal year.

More Zscaler News

Here are the key news stories impacting Zscaler this week:

• Positive Sentiment: Analysts are increasingly constructive on Zscaler ahead of earnings, with commentary pointing to strong AI security demand, Zero Trust growth, and adoption of Z-Flex as potential tailwinds for Q3 results. Zscaler’s Q3 Earnings Countdown: Buy, Hold or Sell the Stock?
• Positive Sentiment: Jefferies reportedly expects Zscaler to beat annual recurring revenue growth expectations, suggesting federal demand and broader cybersecurity spending could support a strong fiscal third quarter and outlook. Zscaler set to benefit from federal tailwinds boosting fourth quarter outlook: analysts
• Positive Sentiment: Zscaler announced the intent to acquire Symmetry Systems, a move aimed at strengthening AI agent security, identity mapping, and data access governance across enterprise systems. Zscaler to Acquire Symmetry Systems, Combining Zero Trust and Access Graph Technology to Map and Secure AI Agent Communication
• Positive Sentiment: Several reports say Zscaler’s setup looks favorable into next week’s earnings, and B. Riley also upgraded the stock to buy, reinforcing the bullish sentiment around the name. Zscaler Setup Looks Positive Into Upcoming Earnings, UBS Says
• Neutral Sentiment: Zscaler also announced upcoming investor conference presentations, which typically keep attention on the stock but do not by themselves change the fundamentals. Zscaler to Present at Upcoming Investor Conferences
• Neutral Sentiment: Some coverage noted the stock had been weak in the prior session and remains below its 52-week high, but that appears to be overshadowed by the latest bullish earnings and AI-security headlines. Zscaler (ZS) Stock Drops Despite Market Gains: Important Facts to Note

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.