Havemeyer Place LP Makes New Investment in Zscaler, Inc. $ZS

Havemeyer Place LP bought a new position in shares of Zscaler, Inc. (NASDAQ:ZS) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm bought 7,185 shares of the company’s stock, valued at approximately $1,616,000.

A number of other large investors also recently bought and sold shares of ZS. Integrated Wealth Concepts LLC lifted its holdings in Zscaler by 19.9% during the 1st quarter. Integrated Wealth Concepts LLC now owns 1,439 shares of the company’s stock worth $285,000 after buying an additional 239 shares during the last quarter. NewEdge Advisors LLC lifted its holdings in Zscaler by 8.2% during the 1st quarter. NewEdge Advisors LLC now owns 4,899 shares of the company’s stock worth $972,000 after buying an additional 370 shares during the last quarter. Empowered Funds LLC lifted its holdings in Zscaler by 9.2% during the 1st quarter. Empowered Funds LLC now owns 2,811 shares of the company’s stock worth $558,000 after buying an additional 238 shares during the last quarter. Sivia Capital Partners LLC bought a new position in Zscaler during the 2nd quarter worth approximately $252,000. Finally, Jump Financial LLC bought a new position in Zscaler during the 2nd quarter worth approximately $3,019,000. Institutional investors own 46.45% of the company’s stock.

Insider Activity

In other Zscaler news, EVP Raj Judge sold 2,488 shares of Zscaler stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $156.59, for a total transaction of $389,595.92. Following the sale, the executive vice president owned 67,906 shares of the company’s stock, valued at $10,633,400.54. The trade was a 3.53% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Robert Schlossman sold 2,263 shares of Zscaler stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $156.59, for a total value of $354,363.17. Following the sale, the insider directly owned 72,390 shares in the company, valued at $11,335,550.10. The trade was a 3.03% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 12,130 shares of company stock worth $1,892,487 over the last ninety days. 17.20% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several analysts recently issued reports on the company. Citigroup reissued a “market outperform” rating on shares of Zscaler in a report on Wednesday, May 27th. Barclays cut their price target on Zscaler from $180.00 to $170.00 and set an “overweight” rating on the stock in a report on Wednesday, May 27th. BMO Capital Markets cut their price target on Zscaler from $210.00 to $178.00 and set an “outperform” rating on the stock in a report on Wednesday, May 27th. Oppenheimer cut their price target on Zscaler from $280.00 to $250.00 and set an “outperform” rating on the stock in a report on Tuesday, March 10th. Finally, FBN Securities reissued an “outperform” rating and issued a $175.00 price target on shares of Zscaler in a report on Wednesday, May 27th. Thirty-three 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. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $216.03.

Zscaler Stock Down 3.3%

Shares of Zscaler stock opened at $130.78 on Friday. The business’s fifty day moving average price is $143.61 and its two-hundred day moving average price is $183.43. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.86 and a quick ratio of 1.86. The company has a market capitalization of $21.15 billion, a P/E ratio of -272.45 and a beta of 0.97. Zscaler, Inc. has a 1-year low of $114.63 and a 1-year high of $336.99.

Zscaler (NASDAQ:ZS) last announced its earnings results on Tuesday, May 26th. The company reported $1.08 earnings per share for the quarter, beating the consensus estimate 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 return on equity of 0.37% and a negative net margin of 2.44%.The firm’s revenue for the quarter was up 25.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $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. As a group, research analysts forecast that Zscaler, Inc. will post -0.03 EPS for the current year.

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.