Ontario Teachers Pension Plan Board Purchases Shares of 66,414 Zscaler, Inc. $ZS

Ontario Teachers Pension Plan Board bought a new position in Zscaler, Inc. (NASDAQ:ZS) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 66,414 shares of the company’s stock, valued at approximately $19,902,000.

Several other large investors have also added to or reduced their stakes in the company. Federated Hermes Inc. lifted its stake in shares of Zscaler by 314.0% during the 2nd quarter. Federated Hermes Inc. now owns 1,171,983 shares of the company’s stock valued at $367,932,000 after buying an additional 888,888 shares in the last quarter. Vanguard Group Inc. lifted its position in shares of Zscaler by 8.3% in the second quarter. Vanguard Group Inc. now owns 10,715,132 shares of the company’s stock valued at $3,363,909,000 after acquiring an additional 824,626 shares in the last quarter. Skandinaviska Enskilda Banken AB publ boosted its stake in shares of Zscaler by 167.7% in the second quarter. Skandinaviska Enskilda Banken AB publ now owns 421,393 shares of the company’s stock worth $132,250,000 after acquiring an additional 263,982 shares during the period. 1832 Asset Management L.P. lifted its holdings in Zscaler by 131.4% in the 2nd quarter. 1832 Asset Management L.P. now owns 461,800 shares of the company’s stock worth $144,977,000 after purchasing an additional 262,200 shares in the last quarter. Finally, Jefferies Financial Group Inc. boosted its stake in Zscaler by 113.5% in the 2nd quarter. Jefferies Financial Group Inc. now owns 24,000 shares of the company’s stock worth $7,535,000 after purchasing an additional 201,267 shares during the period. Hedge funds and other institutional investors own 46.45% of the company’s stock.

Insider Buying and Selling at Zscaler

In other Zscaler news, CEO Jagtar Singh Chaudhry sold 2,843 shares of Zscaler stock in a transaction that occurred on Tuesday, December 16th. The shares were sold at an average price of $230.82, for a total value of $656,221.26. Following the transaction, the chief executive officer owned 347,857 shares of the company’s stock, valued at approximately $80,292,352.74. The trade was a 0.81% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Robert Schlossman sold 2,349 shares of the business’s stock in a transaction on Wednesday, December 17th. The shares were sold at an average price of $232.79, for a total transaction of $546,823.71. Following the completion of the sale, the insider directly owned 74,653 shares in the company, valued at $17,378,471.87. This represents a 3.05% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 19,350 shares of company stock worth $4,471,509 in the last quarter. Company insiders own 17.20% of the company’s stock.

Zscaler Trading Down 0.3%

ZS stock opened at $172.13 on Thursday. The business has a fifty day moving average price of $209.72 and a 200 day moving average price of $261.03. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.82 and a quick ratio of 1.82. Zscaler, Inc. has a fifty-two week low of $162.87 and a fifty-two week high of $336.99. The stock has a market capitalization of $27.45 billion, a price-to-earnings ratio of -662.01, a P/E/G ratio of 351.83 and a beta of 1.02.

Zscaler (NASDAQ:ZS) last announced its quarterly earnings data on Tuesday, November 25th. The company reported $0.96 EPS 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 firm had revenue of $788.11 million during the quarter, compared to analyst estimates of $773.86 million. During the same period last year, the company earned $0.77 earnings per share. The company’s revenue 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. Analysts expect that Zscaler, Inc. will post -0.1 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on ZS shares. Cantor Fitzgerald reissued an “overweight” rating on shares of Zscaler in a report on Monday, February 9th. Bank of America dropped their price objective on shares of Zscaler from $355.00 to $335.00 and set a “buy” rating for the company in a report on Wednesday, November 26th. HC Wainwright reaffirmed a “buy” rating on shares of Zscaler in a report on Wednesday, November 26th. UBS Group reduced their price objective on Zscaler from $350.00 to $340.00 and set a “buy” rating on the stock in a research note on Wednesday, November 26th. Finally, Berenberg Bank reduced their price target on shares of Zscaler from $400.00 to $390.00 and set a “buy” rating on the stock in a research report on Friday, November 28th. One analyst has rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $310.65.

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.