Robeco Institutional Asset Management B.V. Buys 65,551 Shares of Zscaler, Inc. $ZS

Robeco Institutional Asset Management B.V. raised its position in shares of Zscaler, Inc. (NASDAQ:ZS) by 20.3% in the third quarter, HoldingsChannel.com reports. The firm owned 388,902 shares of the company’s stock after purchasing an additional 65,551 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Zscaler were worth $116,538,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Bouvel Investment Partners LLC boosted its stake in shares of Zscaler by 2.0% in the 3rd quarter. Bouvel Investment Partners LLC now owns 7,419 shares of the company’s stock valued at $2,223,000 after purchasing an additional 144 shares during the last quarter. KG&L Capital Management LLC acquired a new position in Zscaler in the third quarter valued at $1,736,000. D.A. Davidson & CO. lifted its holdings in Zscaler by 5.6% in the third quarter. D.A. Davidson & CO. now owns 2,003 shares of the company’s stock valued at $600,000 after buying an additional 107 shares during the period. Earned Wealth Advisors LLC boosted its position in Zscaler by 21.5% during the third quarter. Earned Wealth Advisors LLC now owns 1,623 shares of the company’s stock valued at $486,000 after acquiring an additional 287 shares during the last quarter. Finally, Western Financial Corp CA bought a new stake in Zscaler during the third quarter valued at $1,228,000. Institutional investors own 46.45% of the company’s stock.

Zscaler Stock Down 0.3%

Shares of NASDAQ:ZS opened at $222.03 on Wednesday. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.82 and a current ratio of 1.82. Zscaler, Inc. has a 52-week low of $164.78 and a 52-week high of $336.99. The business’s 50 day simple moving average is $264.85 and its two-hundred day simple moving average is $282.73. The firm has a market cap of $35.41 billion, a P/E ratio of -853.93, a PEG ratio of 4,271.41 and a beta of 1.02.

Zscaler (NASDAQ:ZS) last issued its earnings results on Tuesday, November 25th. The company reported $0.96 earnings per share for the quarter, topping analysts’ consensus estimates of $0.85 by $0.11. Zscaler had a negative return on equity of 0.12% and a negative net margin of 1.45%.The company had revenue of $788.11 million for the quarter, compared to analyst estimates of $773.86 million. During the same period in the prior year, the firm earned $0.77 earnings per share. Zscaler’s revenue for the quarter was up 25.5% on a year-over-year basis. Zscaler has set its FY 2026 guidance at 3.780-3.820 EPS and its Q2 2026 guidance at 0.890-0.900 EPS. As a group, research analysts forecast that Zscaler, Inc. will post -0.1 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on ZS shares. Macquarie started coverage on Zscaler in a research report on Friday, October 31st. They issued an “outperform” rating and a $390.00 price objective for the company. UBS Group decreased their target price on Zscaler from $350.00 to $340.00 and set a “buy” rating for the company in a research note on Wednesday, November 26th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Zscaler in a report on Wednesday, October 8th. BTIG Research restated a “buy” rating and set a $365.00 price target on shares of Zscaler in a report on Wednesday, November 26th. Finally, Citizens Jmp reaffirmed a “market outperform” rating and set a $355.00 price objective on shares of Zscaler in a research report on Wednesday, November 26th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $320.13.

Insider Activity

In other Zscaler news, CFO Kevin Rubin sold 3,303 shares of the firm’s stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of $230.82, for a total value of $762,398.46. Following the transaction, the chief financial officer directly owned 48,161 shares of the company’s stock, valued at approximately $11,116,522.02. This trade represents a 6.42% 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. Also, CEO Jagtar Singh Chaudhry sold 2,843 shares of Zscaler stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of $230.82, for a total transaction of $656,221.26. Following the transaction, the chief executive officer owned 347,857 shares of the company’s stock, valued at $80,292,352.74. This represents a 0.81% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 22,550 shares of company stock valued at $5,511,509. 17.20% of the stock is currently owned by insiders.

About Zscaler

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.