Healthcare of Ontario Pension Plan Trust Fund Has $24.15 Million Stock Position in Zscaler, Inc. $ZS

Healthcare of Ontario Pension Plan Trust Fund lowered its position in Zscaler, Inc. (NASDAQ:ZS) by 3.7% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 172,167 shares of the company’s stock after selling 6,669 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund owned approximately 0.11% of Zscaler worth $24,153,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Qsemble Capital Management LP lifted its stake in shares of Zscaler by 105.5% in the 4th quarter. Qsemble Capital Management LP now owns 15,773 shares of the company’s stock valued at $3,548,000 after purchasing an additional 8,099 shares during the last quarter. Oxbow Advisors LLC bought a new position in Zscaler during the fourth quarter valued at about $2,939,000. J. Safra Sarasin Holding AG lifted its position in shares of Zscaler by 94.7% in the fourth quarter. J. Safra Sarasin Holding AG now owns 63,627 shares of the company’s stock worth $14,311,000 after buying an additional 30,952 shares during the last quarter. Leonteq Securities AG acquired a new stake in shares of Zscaler in the fourth quarter worth about $4,571,000. Finally, Swedbank AB boosted its stake in shares of Zscaler by 92.8% during the 4th quarter. Swedbank AB now owns 20,706 shares of the company’s stock worth $4,657,000 after acquiring an additional 9,966 shares in the last quarter. 46.45% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Zscaler

In related news, CEO Jagtar Singh Chaudhry sold 2,878 shares of the stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $126.43, for a total value of $363,865.54. Following the completion of the sale, the chief executive officer owned 343,038 shares in the company, valued at approximately $43,370,294.34. This trade represents a 0.83% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Adam Geller sold 2,817 shares of Zscaler stock in a transaction dated Monday, June 22nd. The stock was sold at an average price of $122.60, for a total value of $345,364.20. Following the sale, the insider directly owned 42,314 shares in the company, valued at approximately $5,187,696.40. This trade represents a 6.24% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 15,766 shares of company stock valued at $1,978,587. Company insiders own 17.20% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on ZS. Weiss Ratings reissued a “sell (e+)” rating on shares of Zscaler in a report on Tuesday, June 9th. HC Wainwright raised Zscaler from a “buy” rating to a “buy” rating in a research report on Monday, May 18th. The Goldman Sachs Group reiterated a “neutral” rating and set a $179.00 price target on shares of Zscaler in a report on Wednesday, May 27th. B. Riley Financial dropped their price target on shares of Zscaler from $225.00 to $215.00 and set a “buy” rating on the stock in a research report on Wednesday, May 27th. Finally, Scotiabank decreased their price objective on shares of Zscaler from $190.00 to $175.00 and set a “sector outperform” rating for the company in a report on Wednesday, May 27th. Thirty-four equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $214.21.

Zscaler Price Performance

Shares of ZS stock opened at $142.32 on Monday. Zscaler, Inc. has a 12 month low of $114.63 and a 12 month high of $336.99. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.72. The firm has a market cap of $23.01 billion, a PE ratio of -296.49, a price-to-earnings-growth ratio of 81.56 and a beta of 0.96. The stock has a 50 day moving average of $143.06 and a 200-day moving average of $156.39.

Zscaler (NASDAQ:ZS) last announced its quarterly earnings data on Tuesday, May 26th. The company reported $1.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.07. The business had revenue of $850.48 million for the quarter, compared to the consensus estimate of $835.14 million. Zscaler had a negative net margin of 2.44% and a negative return on equity of 0.37%. Zscaler’s quarterly revenue was up 25.4% on a year-over-year basis. During the same quarter last year, the company 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. On average, equities analysts predict that Zscaler, Inc. will post 0.12 EPS for the current year.

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.