Green Alpha Advisors LLC Acquires Shares of 2,817 Zscaler, Inc. $ZS

Green Alpha Advisors LLC acquired a new position in shares of Zscaler, Inc. (NASDAQ:ZS) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 2,817 shares of the company’s stock, valued at approximately $398,000.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Binnacle Investments Inc purchased a new position in Zscaler during the 3rd quarter worth approximately $25,000. AlphaCentric Advisors LLC purchased a new stake in Zscaler in the fourth quarter valued at approximately $29,000. University of Texas Texas AM Investment Management Co. purchased a new stake in Zscaler in the fourth quarter valued at approximately $30,000. Mcguire Capital Advisors Inc. acquired a new stake in shares of Zscaler in the fourth quarter valued at approximately $32,000. Finally, Western Wealth Management LLC acquired a new stake in shares of Zscaler in the first quarter valued at approximately $33,000. 46.45% of the stock is owned by hedge funds and other institutional investors.

Zscaler Trading Up 3.9%

NASDAQ:ZS opened at $181.74 on Friday. Zscaler, Inc. has a 12-month low of $114.63 and a 12-month high of $336.99. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.72. The stock’s 50 day simple moving average is $151.10 and its 200-day simple moving average is $150.54. The firm has a market cap of $29.39 billion, a P/E ratio of -378.62, a PEG ratio of 68.66 and a beta of 0.94.

Zscaler (NASDAQ:ZS) last issued its quarterly earnings results on Tuesday, May 26th. The company reported $1.08 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.07. Zscaler had a negative return on equity of 0.37% and a negative net margin of 2.44%.The firm had revenue of $850.48 million during the quarter, compared to the consensus estimate of $835.14 million. During the same period last year, the company earned $0.84 earnings per share. The company’s revenue for the quarter was up 25.4% on a year-over-year basis. 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 analysts anticipate that Zscaler, Inc. will post 0.12 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on ZS shares. Scotiabank cut their target price on shares of Zscaler from $190.00 to $175.00 and set a “sector outperform” rating on the stock in a report on Wednesday, May 27th. UBS Group decreased their price target on shares of Zscaler from $260.00 to $225.00 and set a “buy” rating for the company in a research note on Wednesday, May 27th. Wells Fargo & Company raised their price objective on shares of Zscaler from $180.00 to $210.00 and gave the stock an “overweight” rating in a research report on Monday. KeyCorp lifted their price objective on shares of Zscaler from $185.00 to $210.00 and gave the company an “overweight” rating in a research note on Friday. Finally, Berenberg Bank set a $200.00 target price on shares of Zscaler in a report on Thursday, May 28th. Thirty-four equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $215.36.

Insider Activity

In other news, CFO Kevin Rubin sold 3,000 shares of the firm’s stock in a transaction on Thursday, June 25th. The shares were sold at an average price of $124.22, for a total value of $372,660.00. Following the completion of the sale, the chief financial officer owned 41,901 shares in the company, valued at approximately $5,204,942.22. This trade represents a 6.68% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Robert Schlossman sold 3,146 shares of the firm’s stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $126.43, for a total transaction of $397,748.78. Following the completion of the sale, the insider owned 69,366 shares of the company’s stock, valued at approximately $8,769,943.38. The trade was a 4.34% decrease in their position. 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. Insiders have sold a total of 16,269 shares of company stock worth $2,052,589 in the last 90 days. Corporate insiders own 17.20% of the company’s stock.

Key Stories Impacting Zscaler

Here are the key news stories impacting Zscaler this week:

• Positive Sentiment: KeyBanc raised its price target to $210 from a lower prior target, citing what it views as a valuation discount and potential for the cybersecurity company to regain investor confidence. KeyBanc upgrades Zscaler price target
• Positive Sentiment: Additional bullish analyst actions supported the stock. Mizuho lifted its price target to $210, Stifel Nicolaus raised its target to $200, and Cantor Fitzgerald assigned Zscaler an “Overweight” rating. The actions suggest Wall Street sees upside despite the stock’s sharp decline from its 52-week high. Mizuho raises Zscaler price target Stifel raises Zscaler price target Cantor Fitzgerald rates Zscaler Overweight
• Positive Sentiment: Rising AI-driven cyber threats reinforce demand for Zscaler’s platform. NTT DATA CEO Abhijit Dubey said frontier AI is making attacks more sophisticated, expanding the attack surface, and accelerating attacks to machine speed—an industry trend that could increase demand for cloud-based zero-trust security. AI and cybersecurity threats
• Positive Sentiment: Zscaler’s expanded Carahsoft partnership targets U.S. small and midsize businesses with standardized bundles, simpler pricing, and broader partner enablement. The initiative could diversify Zscaler’s customer base and create an additional growth channel beyond large enterprises. Zscaler and Carahsoft SMB partnership
• Negative Sentiment: AI-lab IPO speculation remains a risk to sentiment. Reports that Anthropic may pursue a massive public offering renewed concerns that investors could redirect capital from enterprise software stocks toward AI companies, contributing to recent pressure on Zscaler. Zscaler and AI IPO concerns

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.