EFG International AG Makes New Investment in Zscaler, Inc. $ZS

EFG International AG bought a new position in shares of Zscaler, Inc. (NASDAQ:ZS) in the 2nd quarter, Holdings Channel.com reports. The firm bought 4,950 shares of the company’s stock, valued at approximately $699,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. raised its position in shares of Zscaler by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 11,423,424 shares of the company’s stock valued at $2,569,357,000 after buying an additional 55,521 shares in the last quarter. BlackRock Inc. bought a new stake in shares of Zscaler during the 2nd quarter worth approximately $1,396,028,000. First Trust Advisors LP grew its position in Zscaler by 36.2% in the 1st quarter. First Trust Advisors LP now owns 3,518,678 shares of the company’s stock valued at $493,635,000 after acquiring an additional 935,781 shares during the last quarter. Price T Rowe Associates Inc. MD grew its position in Zscaler by 43.3% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 2,572,358 shares of the company’s stock valued at $578,576,000 after acquiring an additional 777,414 shares during the last quarter. Finally, State Street Corp increased its stake in Zscaler by 3.4% in the fourth quarter. State Street Corp now owns 2,337,604 shares of the company’s stock worth $525,774,000 after purchasing an additional 77,800 shares during the period. 46.45% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Zscaler news, insider Robert Schlossman sold 3,146 shares of the stock in a transaction 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 sale, the insider owned 69,366 shares of the company’s stock, valued at approximately $8,769,943.38. This trade represents a 4.34% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through 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 Zscaler stock in a transaction 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 completion of the transaction, the chief executive officer owned 343,038 shares in the company, valued at $43,370,294.34. This represents a 0.83% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 16,772 shares of company stock worth $2,139,799 in the last three months. Corporate insiders own 17.20% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on ZS. Canaccord Genuity Group reissued a “buy” rating and set a $210.00 target price on shares of Zscaler in a research note on Thursday, June 11th. Piper Sandler reduced their price target on shares of Zscaler from $185.00 to $160.00 and set a “neutral” rating on the stock in a research note on Wednesday, May 27th. TD Cowen lifted their price objective on shares of Zscaler from $180.00 to $200.00 and gave the company a “buy” rating in a report on Monday, August 17th. Sanford C. Bernstein lowered their price objective on shares of Zscaler from $228.00 to $224.00 and set an “outperform” rating for the company in a research report on Wednesday, May 27th. Finally, Mizuho upped their target price on shares of Zscaler from $185.00 to $210.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 19th. 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 data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $216.18.

Zscaler Stock Up 10.0%

NASDAQ:ZS opened at $187.30 on Friday. 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, Inc. has a 1-year low of $114.63 and a 1-year high of $336.99. The company has a 50-day moving average of $155.00 and a 200 day moving average of $150.13. The firm has a market cap of $30.29 billion, a PE ratio of -390.20, a price-to-earnings-growth ratio of 100.24 and a beta of 0.94.

Zscaler (NASDAQ:ZS) last released its quarterly earnings data on Tuesday, May 26th. The company reported $1.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.01 by $0.07. The firm 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%. The company’s quarterly revenue was up 25.4% on a year-over-year basis. During the same period last year, the firm earned $0.84 earnings per share. As a group, research analysts anticipate that Zscaler, Inc. will post 0.13 EPS for the current fiscal year.

Trending Headlines about Zscaler

Here are the key news stories impacting Zscaler this week:

• Positive Sentiment: A broad cybersecurity-sector re-rating lifted Zscaler and other previously underperforming security stocks. The First Trust NASDAQ Cybersecurity ETF also advanced strongly, suggesting investors are buying the group rather than focusing only on ZS. Cybersecurity sector re-rating
• Positive Sentiment: J.P. Morgan assigned Zscaler a “buy” or “overweight” view and raised its price target from $205 to $215. The higher target reinforces expectations for additional upside and was a direct bullish catalyst. J.P. Morgan upgrades Zscaler
• Positive Sentiment: Zscaler participated in Deep Cogito’s $43 million Series A financing. The investment provides exposure to a developer of self-improving AI models and supports Zscaler’s broader enterprise-AI positioning, although it is unlikely to materially affect near-term earnings. Deep Cogito financing
• Neutral Sentiment: Investors are awaiting Zscaler’s quarterly earnings announcement. The company previously exceeded consensus estimates for earnings and revenue, but the upcoming report must validate expectations for continued growth in cloud security and AI-related demand. Zscaler earnings announcement
• Negative Sentiment: Evercore placed Zscaler on its tactical “underperform” list ahead of results, indicating that valuation and elevated growth expectations could create downside risk if the earnings outlook disappoints. Evercore underperform view
• Negative Sentiment: CFO Kevin Rubin sold 503 shares worth approximately $87,210 under a pre-arranged Rule 10b5-1 plan. The sale reduced his holdings by about 1.2% and is a modest negative signal, though the planned nature and small size limit its significance. Zscaler CFO stock sale

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.