Deutsche Bank AG Takes Position in Zscaler, Inc. $ZS

Deutsche Bank AG purchased a new stake in Zscaler, Inc. (NASDAQ:ZS - Free Report) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 382,183 shares of the company's stock, valued at approximately $53,945,000. Deutsche Bank AG owned about 0.24% of Zscaler at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of ZS. Kentucky Retirement Systems Insurance Trust Fund increased its stake in Zscaler by 1.4% in the third quarter. Kentucky Retirement Systems Insurance Trust Fund now owns 2,569 shares of the company's stock valued at $770,000 after purchasing an additional 36 shares during the period. Parallel Advisors LLC boosted its stake in shares of Zscaler by 10.9% during the third quarter. Parallel Advisors LLC now owns 397 shares of the company's stock worth $119,000 after buying an additional 39 shares during the period. Smartleaf Asset Management LLC boosted its stake in shares of Zscaler by 7.5% during the second quarter. Smartleaf Asset Management LLC now owns 648 shares of the company's stock worth $204,000 after buying an additional 45 shares during the period. Larson Financial Group LLC grew its holdings in shares of Zscaler by 2.6% during the third quarter. Larson Financial Group LLC now owns 2,040 shares of the company's stock worth $611,000 after buying an additional 52 shares during the last quarter. Finally, Crossmark Global Holdings Inc. grew its holdings in shares of Zscaler by 6.1% during the third quarter. Crossmark Global Holdings Inc. now owns 976 shares of the company's stock worth $292,000 after buying an additional 56 shares during the last quarter. Institutional investors and hedge funds own 46.45% of the company's stock.

Zscaler Price Performance

Shares of NASDAQ:ZS opened at $174.95 on Friday. Zscaler, Inc. has a 52 week low of $114.63 and a 52 week high of $336.99. The company has a 50-day moving average price of $150.05 and a 200 day moving average price of $150.32. The company has a market cap of $28.29 billion, a P/E ratio of -364.47, a PEG ratio of 72.45 and a beta of 0.94. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.72.

Zscaler (NASDAQ:ZS - Get Free Report) last posted its quarterly earnings results on Tuesday, May 26th. The company reported $1.08 EPS for the quarter, beating the consensus estimate of $1.01 by $0.07. Zscaler had a negative return on equity of 0.37% and a negative net margin of 2.44%.The business had revenue of $850.48 million during the quarter, compared to analysts' expectations of $835.14 million. During the same period last year, the firm earned $0.84 EPS. The company's quarterly revenue was up 25.4% compared to the same quarter last year. 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 predict that Zscaler, Inc. will post 0.12 earnings per share for the current year.

Zscaler News Summary

Here are the key news stories impacting Zscaler this week:

• Positive Sentiment: Analysts raised price targets: Mizuho increased its target from $185 to $210 and maintained an “outperform” rating, while Stifel lifted its target from $175 to $200 and kept a “buy” rating. Cantor Fitzgerald also reaffirmed its “overweight” rating with a $225 target, reflecting continued confidence in Zscaler’s growth prospects. Benzinga analyst reports Cantor Fitzgerald rating report
• Positive Sentiment: Potential quarterly upside: Oppenheimer expects Zscaler to deliver a slight upside to fiscal fourth-quarter results, suggesting execution remains solid ahead of the company’s upcoming earnings report. Zscaler Likely to Deliver Slight Q4 Upside
• Neutral Sentiment: Recent coverage highlights conflicting analyst views on Zscaler and other technology companies, indicating that valuation and the company’s future growth outlook remain subjects of debate. Conflicting Analyst Sentiments
• Neutral Sentiment: Investor-focused articles discuss how to buy Zscaler stock and whether it is a buy or sell, but provide no new company-specific operating update or immediate catalyst. How to Buy Zscaler Stock Zscaler Stock Buy or Sell
• Negative Sentiment: Market underperformance pressured the stock: Zscaler fell more sharply than the broader market in the latest session. The report did not identify a new fundamental problem, so the move appears driven primarily by market sentiment, profit-taking, or valuation concerns rather than a downgrade. Zscaler Registers a Bigger Fall Than the Market

Insiders Place Their Bets

In other news, CEO Jagtar Singh Chaudhry sold 2,878 shares of the company's stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $126.43, for a total transaction of $363,865.54. Following the transaction, the chief executive officer directly owned 343,038 shares of the company's stock, valued at $43,370,294.34. This represents a 0.83% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 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 company's stock in a transaction on Monday, June 22nd. The stock was sold at an average price of $122.60, for a total transaction of $345,364.20. Following the transaction, the insider directly owned 42,314 shares in the company, valued at approximately $5,187,696.40. This trade 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. Over the last three months, insiders have sold 16,269 shares of company stock worth $2,052,589. 17.20% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several research firms have commented on ZS. Evercore set a $155.00 price objective on Zscaler and gave the company an "in-line" rating in a research note on Wednesday, May 27th. Stifel Nicolaus lifted their target price on Zscaler from $175.00 to $200.00 and gave the company a "buy" rating in a research note on Wednesday. Guggenheim reiterated a "buy" rating and issued a $214.00 target price on shares of Zscaler in a research note on Wednesday, June 10th. BMO Capital Markets dropped their target price on Zscaler from $210.00 to $178.00 and set an "outperform" rating on the stock in a report on Wednesday, May 27th. Finally, Stephens restated an "overweight" rating and set a $200.00 price target on shares of Zscaler in a research note on Friday, June 12th. Thirty-four investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Zscaler presently has an average rating of "Moderate Buy" and an average price target of $214.72.

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.

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