Zscaler, Inc. $ZS Shares Sold by Baader Bank Aktiengesellschaft

Key Points

• Baader Bank Aktiengesellschaft has significantly reduced its stake in Zscaler, Inc. by 33.5%, selling off 2,569 shares and now holding 5,107 shares worth approximately $1.59 million.
• Several major investors, including T. Rowe Price and Goldman Sachs, have recently increased their positions in Zscaler, indicating strong institutional interest in the stock.
• Analyst upgrades for Zscaler have boosted price targets, with estimates rising from $250 to as high as $340, while the stock maintains a consensus rating of "Moderate Buy."

Baader Bank Aktiengesellschaft trimmed its position in shares of Zscaler, Inc. (NASDAQ:ZS - Free Report) by 33.5% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,107 shares of the company's stock after selling 2,569 shares during the period. Baader Bank Aktiengesellschaft's holdings in Zscaler were worth $1,590,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in ZS. ORG Partners LLC grew its stake in Zscaler by 284.8% in the 1st quarter. ORG Partners LLC now owns 127 shares of the company's stock worth $26,000 after acquiring an additional 94 shares in the last quarter. SVB Wealth LLC bought a new position in Zscaler in the 1st quarter worth about $26,000. Goodman Advisory Group LLC bought a new position in Zscaler in the 1st quarter worth about $29,000. N.E.W. Advisory Services LLC purchased a new stake in shares of Zscaler in the 1st quarter worth $29,000. Finally, Elequin Capital LP bought a new position in shares of Zscaler during the 4th quarter worth $30,000. 46.45% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Zscaler

In other news, EVP Raj Judge sold 4,524 shares of the company's stock in a transaction on Tuesday, September 16th. The shares were sold at an average price of $280.70, for a total value of $1,269,886.80. Following the sale, the executive vice president directly owned 73,832 shares of the company's stock, valued at $20,724,642.40. This represents a 5.77% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Robert Schlossman sold 3,832 shares of the company's stock in a transaction on Tuesday, September 16th. The shares were sold at an average price of $280.70, for a total transaction of $1,075,642.40. Following the completion of the sale, the insider directly owned 83,138 shares in the company, valued at $23,336,836.60. This trade represents a 4.41% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 32,878 shares of company stock valued at $9,266,002 over the last quarter. Insiders own 18.10% of the company's stock.

Analyst Upgrades and Downgrades

ZS has been the subject of a number of research reports. Zacks Research lowered shares of Zscaler from a "hold" rating to a "strong sell" rating in a research note on Wednesday, September 3rd. Cantor Fitzgerald restated an "overweight" rating and issued a $340.00 price target on shares of Zscaler in a report on Wednesday, September 3rd. FBN Securities upgraded shares of Zscaler to a "strong-buy" rating in a research note on Friday, May 30th. Loop Capital lifted their price objective on shares of Zscaler from $250.00 to $260.00 and gave the company a "hold" rating in a report on Friday, May 30th. Finally, Piper Sandler boosted their price objective on shares of Zscaler from $260.00 to $280.00 and gave the stock a "neutral" rating in a research note on Wednesday, September 3rd. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $307.00.

Zscaler Stock Performance

Shares of NASDAQ:ZS traded up $3.16 on Friday, hitting $294.27. 2,049,598 shares of the company were exchanged, compared to its average volume of 1,883,776. Zscaler, Inc. has a 1-year low of $164.78 and a 1-year high of $318.46. The stock's 50 day moving average price is $280.39 and its 200 day moving average price is $257.29. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.95. The firm has a market capitalization of $46.58 billion, a P/E ratio of -1,089.89 and a beta of 1.05.

Zscaler (NASDAQ:ZS - Get Free Report) last posted its quarterly earnings data on Tuesday, September 2nd. The company reported $0.89 EPS for the quarter, topping the consensus estimate of $0.80 by $0.09. The business had revenue of $719.23 million during the quarter, compared to the consensus estimate of $707.15 million. Zscaler had a negative net margin of 1.55% and a negative return on equity of 0.47%. The business's revenue for the quarter was up 21.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.88 earnings per share. Zscaler has set its FY 2026 guidance at 3.640-3.680 EPS. Q1 2026 guidance at 0.850-0.860 EPS. Sell-side analysts predict that Zscaler, Inc. will post -0.1 EPS for the current year.

About Zscaler

Zscaler, Inc operates as a cloud security company worldwide. The company offers Zscaler Internet Access solution that provides users, workloads, IoT, and OT devices secure access to externally managed applications, including software-as-a-service (SaaS) applications and internet destinations; and Zscaler Private Access solution, which is designed to provide access to managed applications hosted internally in data centers, and private or public clouds.