5,550 Shares in Zscaler, Inc. $ZS Acquired by GSA Capital Partners LLP

Key Points

• GSA Capital Partners acquired 5,550 Zscaler shares worth approximately $783,000 during the second quarter. Institutional investors and hedge funds collectively own 46.45% of the company.
• Analyst sentiment remains broadly positive: Zscaler has a consensus “Moderate Buy” rating and an average price target of $214.72, although Barclays recently reduced its target and some analysts cite the stock’s high valuation and ongoing losses as risks.
• Zscaler’s latest quarterly results exceeded expectations, with adjusted earnings of $1.08 per share and revenue of $850.48 million, up 25.4% year over year. The company also expects modest fourth-quarter upside, while insiders have sold 16,269 shares worth about $2.05 million over the past 90 days.

GSA Capital Partners LLP acquired a new position in shares of Zscaler, Inc. (NASDAQ:ZS - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 5,550 shares of the company's stock, valued at approximately $783,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Handelsbanken Fonder AB increased its holdings in Zscaler by 89.6% in the 2nd quarter. Handelsbanken Fonder AB now owns 60,933 shares of the company's stock valued at $8,601,000 after buying an additional 28,792 shares during the period. Assenagon Asset Management S.A. raised its position in shares of Zscaler by 6.6% in the 2nd quarter. Assenagon Asset Management S.A. now owns 193,297 shares of the company's stock valued at $27,284,000 after buying an additional 11,941 shares in the last quarter. Oxbow Advisors LLC bought a new stake in shares of Zscaler during the 4th quarter worth approximately $2,939,000. Qsemble Capital Management LP boosted its position in shares of Zscaler by 105.5% during the 4th quarter. Qsemble Capital Management LP now owns 15,773 shares of the company's stock worth $3,548,000 after acquiring an additional 8,099 shares in the last quarter. Finally, Bank of America Corp DE boosted its position in shares of Zscaler by 44.3% during the 1st quarter. Bank of America Corp DE now owns 779,245 shares of the company's stock worth $109,320,000 after acquiring an additional 239,326 shares in the last quarter. 46.45% of the stock is owned by institutional investors and hedge funds.

More Zscaler News

Here are the key news stories impacting Zscaler this week:

• Positive Sentiment: Multiple analysts raised their targets. Mizuho lifted its price target from $185 to $210 and upgraded Zscaler to Outperform. Stifel raised its target from $175 to $200 and assigned a Buy rating, while Cantor Fitzgerald reaffirmed its Overweight rating with a $225 target. These actions suggest analysts see meaningful upside from current levels. Benzinga analyst actions StreetInsider Cantor Fitzgerald commentary
• Positive Sentiment: Expanded Carahsoft partnership could broaden Zscaler’s customer reach. The companies are extending distribution of Zscaler’s Zero Trust Exchange to U.S. small and mid-sized businesses and the mid-market, potentially increasing channel access and future revenue opportunities. Zscaler and Carahsoft partnership announcement
• Positive Sentiment: Oppenheimer expects a modest fiscal fourth-quarter upside. The view supports expectations that Zscaler may slightly exceed quarterly results, though investors are also focused on the company’s forward outlook. Oppenheimer fiscal fourth-quarter outlook
• Neutral Sentiment: Analyst commentary remains broadly bullish, with Zscaler’s average brokerage recommendation equivalent to a Buy. However, the concentration of optimistic ratings may limit the impact of additional upgrades if expectations are already reflected in the stock. Zacks analyst recommendation analysis
• Negative Sentiment: Some analysis favors Okta over Zscaler because of Okta’s steadier growth, lower valuation and cross-selling opportunities. Zscaler’s high valuation and losses leave the stock more sensitive to any slowdown or disappointing guidance. Zscaler versus Okta analysis

Analyst Ratings Changes

A number of research analysts recently issued reports on the stock. Canaccord Genuity Group reissued a "buy" rating and issued a $210.00 price objective on shares of Zscaler in a research note on Thursday, June 11th. Wedbush reaffirmed an "outperform" rating and issued a $220.00 target price on shares of Zscaler in a report on Wednesday, June 10th. Mizuho lifted their price target on Zscaler from $185.00 to $210.00 and gave the company an "outperform" rating in a research note on Wednesday. Barclays lowered their price target on Zscaler from $180.00 to $170.00 and set an "overweight" rating for the company in a report on Wednesday, May 27th. Finally, Wells Fargo & Company upped their price objective on Zscaler from $180.00 to $210.00 and gave the stock an "overweight" rating in a research report on Monday. Thirty-four analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $214.72.

Insider Transactions at Zscaler

In other Zscaler news, CEO Jagtar Singh Chaudhry sold 2,878 shares of the stock in a transaction dated Tuesday, June 16th. The stock was 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 directly owned 343,038 shares in the company, valued at approximately $43,370,294.34. This trade represents a 0.83% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Adam Geller sold 2,817 shares of the stock in a transaction dated Monday, June 22nd. The shares were sold at an average price of $122.60, for a total value of $345,364.20. Following the completion of the transaction, the insider owned 42,314 shares of the company's stock, valued at $5,187,696.40. This represents a 6.24% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 16,269 shares of company stock worth $2,052,589. Insiders own 17.20% of the company's stock.

Zscaler Price Performance

ZS stock opened at $184.60 on Thursday. The stock has a market cap of $29.85 billion, a price-to-earnings ratio of -384.58, a P/E/G ratio of 66.84 and a beta of 0.94. 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 50 day simple moving average of $149.08 and a 200 day simple moving average of $150.50. Zscaler, Inc. has a 1 year low of $114.63 and a 1 year high of $336.99.

Zscaler (NASDAQ:ZS - Get Free Report) last issued its earnings results on Tuesday, May 26th. The company reported $1.08 earnings per share 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 analyst estimates 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 quarter last year, the business posted $0.84 earnings per share. Zscaler has set its Q4 2026 guidance at 1.080-1.090 EPS and its FY 2026 guidance at 4.100-4.110 EPS. Research analysts anticipate that Zscaler, Inc. will post 0.12 EPS for the current fiscal 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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