Callan Family Office LLC Makes New $825,000 Investment in Zscaler, Inc. $ZS

Callan Family Office LLC bought a new position in Zscaler, Inc. (NASDAQ:ZS - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 2,628 shares of the company's stock, valued at approximately $825,000.

Several other hedge funds and other institutional investors have also bought and sold shares of ZS. Exane Asset Management boosted its stake in shares of Zscaler by 185.7% during the second quarter. Exane Asset Management now owns 100 shares of the company's stock valued at $31,000 after purchasing an additional 65 shares during the period. Kozak & Associates Inc. purchased a new stake in shares of Zscaler during the second quarter valued at approximately $35,000. ORG Partners LLC boosted its stake in shares of Zscaler by 284.8% during the first quarter. ORG Partners LLC now owns 127 shares of the company's stock valued at $26,000 after purchasing an additional 94 shares during the period. SVB Wealth LLC purchased a new stake in shares of Zscaler during the first quarter valued at approximately $26,000. Finally, Ameritas Advisory Services LLC purchased a new stake in shares of Zscaler during the second quarter valued at approximately $41,000. Hedge funds and other institutional investors own 46.45% of the company's stock.

Zscaler Price Performance

ZS opened at $313.04 on Tuesday. The stock has a fifty day simple moving average of $284.81 and a two-hundred day simple moving average of $268.53. 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 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.

Zscaler (NASDAQ:ZS - Get Free Report) last posted 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 the consensus estimate of $707.15 million. Zscaler had a negative return on equity of 0.47% and a negative net margin of 1.55%.The firm's quarterly revenue was up 21.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $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. Research analysts predict that Zscaler, Inc. will post -0.1 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

ZS has been the subject of a number of analyst reports. Wedbush reissued an "outperform" rating and set a $330.00 price objective on shares of Zscaler in a research note on Wednesday, September 3rd. Guggenheim reissued a "neutral" rating on shares of Zscaler in a research note on Wednesday, September 3rd. Royal Bank Of Canada upped their target price on Zscaler from $335.00 to $350.00 and gave the company an "outperform" rating in a report on Thursday, October 2nd. Rosenblatt Securities upped their target price on Zscaler from $315.00 to $330.00 and gave the company a "buy" rating in a report on Wednesday, September 3rd. Finally, Susquehanna upped their target price on Zscaler from $320.00 to $340.00 and gave the company a "positive" rating in a report on Wednesday, September 3rd. One analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $307.43.

Insider Buying and Selling

In other news, insider Robert Schlossman sold 7,006 shares of the stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $305.57, for a total value of $2,140,823.42. Following the sale, the insider directly owned 76,132 shares of the company's stock, valued at approximately $23,263,655.24. This represents a 8.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Raj Judge sold 4,524 shares of Zscaler stock in a transaction dated Tuesday, September 16th. The stock was sold at an average price of $280.70, for a total transaction 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 $20,724,642.40. This trade represents a 5.77% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 39,884 shares of company stock valued at $11,406,825. Insiders own 18.10% of the company's stock.

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.

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