Blue Trust Inc. Has $369,000 Position in Zscaler, Inc. $ZS

Key Points

• Blue Trust Inc. significantly increased its holdings in Zscaler, Inc. by 2,115.1% in Q2, owning a total of 1,174 shares valued at $369,000 as of its latest SEC filing.
• Zscaler's stock price recently opened at $313.04 and has shown a 12-month range between $164.78 and $319.89, indicating volatility in the market.
• The company exceeded analysts' expectations with a reported $0.89 earnings per share for the quarter, compared to a consensus estimate of $0.80, and its revenue rose by 21.3% compared to the previous year.

Blue Trust Inc. lifted its position in shares of Zscaler, Inc. (NASDAQ:ZS - Free Report) by 2,115.1% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,174 shares of the company's stock after buying an additional 1,121 shares during the quarter. Blue Trust Inc.'s holdings in Zscaler were worth $369,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Exane Asset Management raised its stake in Zscaler by 185.7% in the 2nd quarter. Exane Asset Management now owns 100 shares of the company's stock worth $31,000 after purchasing an additional 65 shares in the last quarter. Kozak & Associates Inc. acquired a new stake in shares of Zscaler in the second quarter valued at approximately $35,000. ORG Partners LLC raised its position in shares of Zscaler by 284.8% in the first quarter. ORG Partners LLC now owns 127 shares of the company's stock valued at $26,000 after buying an additional 94 shares in the last quarter. SVB Wealth LLC acquired a new stake in shares of Zscaler in the first quarter valued at approximately $26,000. Finally, Ameritas Advisory Services LLC acquired a new position in Zscaler in the 2nd quarter valued at $41,000. Institutional investors and hedge funds own 46.45% of the company's stock.

Zscaler Stock Up 1.0%

Shares of NASDAQ ZS opened at $313.04 on Tuesday. The stock has a 50-day moving average price of $284.81 and a two-hundred day moving average price of $268.53. The company has a market cap of $49.55 billion, a price-to-earnings ratio of -1,159.41 and a beta of 1.06. Zscaler, Inc. has a 12 month low of $164.78 and a 12 month high of $319.89. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.95.

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

Insider Activity at Zscaler

In other Zscaler news, CEO Jagtar Singh Chaudhry sold 2,865 shares of the company's stock in a transaction dated Tuesday, September 16th. The stock was sold at an average price of $280.70, for a total value of $804,205.50. Following the completion of the transaction, the chief executive officer owned 350,700 shares of the company's stock, valued at $98,441,490. This represents a 0.81% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Raj Judge sold 4,524 shares of the company's stock in a transaction dated Tuesday, September 16th. The stock was sold at an average price of $280.70, for a total value of $1,269,886.80. Following the completion of the transaction, the executive vice president directly owned 73,832 shares of the company's stock, valued at approximately $20,724,642.40. The trade was a 5.77% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 39,884 shares of company stock valued at $11,406,825 over the last three months. 18.10% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several equities analysts have weighed in on ZS shares. JMP Securities reaffirmed a "market outperform" rating and issued a $355.00 price objective on shares of Zscaler in a report on Wednesday, September 3rd. Evercore ISI boosted their price target on Zscaler from $290.00 to $320.00 and gave the company an "outperform" rating in a research note on Wednesday, September 3rd. JPMorgan Chase & Co. boosted their price target on Zscaler from $348.00 to $351.00 and gave the company an "overweight" rating in a research note on Wednesday, September 3rd. Cantor Fitzgerald restated an "overweight" rating and issued a $340.00 target price on shares of Zscaler in a research report on Wednesday, September 3rd. Finally, UBS Group dropped their target price on shares of Zscaler from $365.00 to $350.00 and set a "buy" rating for the company in a research report on Wednesday, September 3rd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $307.43.

Zscaler Company Profile

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.

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