PensionDanmark Pensionsforsikringsaktieselskab Purchases 4,835 Shares of Zscaler, Inc. $ZS

PensionDanmark Pensionsforsikringsaktieselskab lifted its holdings in shares of Zscaler, Inc. (NASDAQ:ZS) by 19.2% during the 2nd quarter, Holdings Channel reports. The firm owned 30,022 shares of the company’s stock after purchasing an additional 4,835 shares during the quarter. PensionDanmark Pensionsforsikringsaktieselskab’s holdings in Zscaler were worth $4,238,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. Kentucky Retirement Systems Insurance Trust Fund boosted its stake in Zscaler by 1.4% during the third quarter. Kentucky Retirement Systems Insurance Trust Fund now owns 2,569 shares of the company’s stock worth $770,000 after acquiring an additional 36 shares in the last quarter. Parallel Advisors LLC grew its holdings in Zscaler by 10.9% in the third quarter. Parallel Advisors LLC now owns 397 shares of the company’s stock worth $119,000 after purchasing an additional 39 shares during the period. Smartleaf Asset Management LLC increased its stake in Zscaler by 7.5% in the second quarter. Smartleaf Asset Management LLC now owns 648 shares of the company’s stock valued at $204,000 after purchasing an additional 45 shares in the last quarter. Yousif Capital Management LLC increased its stake in Zscaler by 3.8% in the fourth quarter. Yousif Capital Management LLC now owns 1,326 shares of the company’s stock valued at $274,000 after purchasing an additional 48 shares in the last quarter. Finally, Larson Financial Group LLC raised its holdings in shares of Zscaler by 2.6% during the third quarter. Larson Financial Group LLC now owns 2,040 shares of the company’s stock valued at $611,000 after purchasing an additional 52 shares during the period. Institutional investors and hedge funds own 46.45% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on ZS shares. Wedbush restated an “outperform” rating and set a $220.00 price objective on shares of Zscaler in a report on Wednesday, June 10th. UBS Group cut their target price on Zscaler from $260.00 to $225.00 and set a “buy” rating on the stock in a report on Wednesday, May 27th. TD Cowen reissued a “buy” rating on shares of Zscaler in a research report on Wednesday, May 27th. Piper Sandler decreased their price target on shares of Zscaler from $185.00 to $160.00 and set a “neutral” rating for the company in a research note on Wednesday, May 27th. Finally, Rosenblatt Securities restated a “buy” rating and set a $200.00 price objective on shares of Zscaler in a report on Wednesday, June 10th. Thirty-four investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $214.21.

Insiders Place Their Bets

In other news, 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 value of $397,748.78. Following the completion of the transaction, the insider directly owned 69,366 shares of the company’s stock, valued at $8,769,943.38. This represents a 4.34% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Jagtar Singh Chaudhry sold 2,878 shares of the stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $126.43, for a total value of $363,865.54. Following the sale, the chief executive officer directly owned 343,038 shares of the company’s stock, valued at $43,370,294.34. The trade was a 0.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 16,269 shares of company stock worth $2,052,589 over the last 90 days. 17.20% of the stock is currently owned by corporate insiders.

Zscaler Price Performance

ZS opened at $168.68 on Monday. Zscaler, Inc. has a fifty-two week low of $114.63 and a fifty-two week high of $336.99. The firm has a market capitalization of $27.28 billion, a P/E ratio of -351.41, a PEG ratio of 60.71 and a beta of 0.94. The company’s 50-day moving average is $141.50 and its 200 day moving average is $152.07. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.86 and a quick 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 business had revenue of $850.48 million during 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%. The firm’s quarterly revenue was up 25.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.84 EPS. Zscaler has set its Q4 2026 guidance at 1.080-1.090 EPS and its FY 2026 guidance at 4.100-4.110 EPS. Research analysts expect that Zscaler, Inc. will post 0.12 earnings per share for the current fiscal year.

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.