Leonteq Securities AG Grows Position in Zscaler, Inc. $ZS

Leonteq Securities AG grew its holdings in shares of Zscaler, Inc. (NASDAQ:ZS) by 89.3% in the first quarter, Holdings Channel.com reports. The firm owned 38,465 shares of the company’s stock after buying an additional 18,142 shares during the period. Leonteq Securities AG’s holdings in Zscaler were worth $5,396,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently modified their holdings of the business. Korea Investment CORP raised its holdings in Zscaler by 24.0% during the 3rd quarter. Korea Investment CORP now owns 98,370 shares of the company’s stock valued at $29,478,000 after acquiring an additional 19,026 shares during the period. Qsemble Capital Management LP boosted its holdings in shares of Zscaler by 105.5% in the fourth quarter. Qsemble Capital Management LP now owns 15,773 shares of the company’s stock worth $3,548,000 after acquiring an additional 8,099 shares during the period. Oxbow Advisors LLC bought a new position in shares of Zscaler in the fourth quarter worth $2,939,000. Vinva Investment Management Ltd grew its position in shares of Zscaler by 136.1% in the third quarter. Vinva Investment Management Ltd now owns 11,347 shares of the company’s stock valued at $3,400,000 after purchasing an additional 6,541 shares in the last quarter. Finally, Victory Capital Management Inc. grew its position in shares of Zscaler by 13.2% in the third quarter. Victory Capital Management Inc. now owns 143,397 shares of the company’s stock valued at $42,970,000 after purchasing an additional 16,721 shares in the last quarter. Hedge funds and other institutional investors own 46.45% of the company’s stock.

Zscaler Trading Up 0.6%

Zscaler stock opened at $147.33 on Friday. The stock has a market cap of $23.82 billion, a P/E ratio of -306.93, a PEG ratio of 91.57 and a beta of 0.96. Zscaler, Inc. has a fifty-two week low of $114.63 and a fifty-two week high of $336.99. The firm’s fifty day moving average price is $142.17 and its 200-day moving average price is $165.64. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.86 and a current ratio of 1.86.

Zscaler (NASDAQ:ZS) last issued its quarterly earnings data on Tuesday, May 26th. The company reported $1.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.01 by $0.07. The company had revenue of $850.48 million for the quarter, compared to the consensus estimate of $835.14 million. Zscaler had a negative return on equity of 0.37% and a negative net margin of 2.44%.The firm’s revenue was up 25.4% compared to the same quarter last year. During the same quarter last year, the business posted $0.84 earnings per share. Zscaler has set its Q4 2026 guidance at 1.080-1.090 EPS and its FY 2026 guidance at 4.100-4.110 EPS. Equities research analysts forecast that Zscaler, Inc. will post 0.11 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, CFO Kevin Rubin sold 3,000 shares of the business’s stock in a transaction dated Thursday, June 25th. The stock was sold at an average price of $124.22, for a total transaction of $372,660.00. Following the completion of the transaction, the chief financial officer owned 41,901 shares of the company’s stock, valued at approximately $5,204,942.22. The trade was a 6.68% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Robert Schlossman sold 3,146 shares of the company’s stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $126.43, for a total transaction of $397,748.78. Following the completion of the transaction, the insider owned 69,366 shares in the company, valued at approximately $8,769,943.38. This trade represents a 4.34% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders sold 15,644 shares of company stock worth $1,960,287. 17.20% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. Wedbush reiterated an “outperform” rating and set a $220.00 price objective on shares of Zscaler in a research note on Wednesday, June 10th. Needham & Company LLC restated a “buy” rating and issued a $180.00 target price on shares of Zscaler in a research note on Wednesday, June 10th. Stephens reaffirmed an “overweight” rating and set a $200.00 target price on shares of Zscaler in a report on Friday, June 12th. Cantor Fitzgerald reiterated an “overweight” rating and set a $225.00 price target on shares of Zscaler in a research report on Wednesday, June 10th. Finally, Piper Sandler lowered their price target on shares of Zscaler from $185.00 to $160.00 and set a “neutral” rating on the stock in a report on Wednesday, May 27th. Thirty-four analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $213.97.

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.