Diversified Trust Co Sells 2,503 Shares of Zscaler, Inc. $ZS

Key Points

• Diversified Trust Co has reduced its holdings in Zscaler, Inc. by 43.1%, selling 2,503 shares and now owning 3,307 shares valued at approximately $1,038,000.
• Insider sales have also been notable, with Robert Schlossman and Raj Judge selling shares on September 16th, contributing to a total of 32,878 shares sold by insiders worth over $9 million in the last ninety days.
• Zscaler recently reported earnings, exceeding estimates with an EPS of $0.89 for the last quarter, and set future guidance indicating potential continued growth.

Diversified Trust Co lowered its position in Zscaler, Inc. (NASDAQ:ZS - Free Report) by 43.1% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,307 shares of the company's stock after selling 2,503 shares during the period. Diversified Trust Co's holdings in Zscaler were worth $1,038,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Focus Partners Advisor Solutions LLC purchased a new stake in shares of Zscaler in the 4th quarter worth $230,000. Vise Technologies Inc. purchased a new position in Zscaler in the 4th quarter worth approximately $364,000. Sunbelt Securities Inc. boosted its position in shares of Zscaler by 83.8% during the fourth quarter. Sunbelt Securities Inc. now owns 250 shares of the company's stock worth $46,000 after acquiring an additional 114 shares during the last quarter. Public Employees Retirement System of Ohio boosted its holdings in shares of Zscaler by 0.6% during the 4th quarter. Public Employees Retirement System of Ohio now owns 43,243 shares of the company's stock valued at $7,801,000 after purchasing an additional 260 shares during the last quarter. Finally, GF Fund Management CO. LTD. purchased a new position in Zscaler during the 4th quarter valued at approximately $5,246,000. 46.45% of the stock is currently owned by institutional investors.

Insider Activity at Zscaler

In other news, insider Robert Schlossman sold 3,832 shares of the business's stock in a transaction dated 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 owned 83,138 shares of the company's stock, valued at $23,336,836.60. The trade was a 4.41% decrease in their ownership of the stock. The transaction 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 stock in a transaction that occurred 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 transaction, the executive vice president directly owned 73,832 shares of the company's stock, valued at $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 32,878 shares of company stock worth $9,266,002 in the last ninety days. 18.10% of the stock is owned by company insiders.

Zscaler Price Performance

NASDAQ:ZS opened at $294.27 on Monday. The company has a 50 day moving average price of $280.39 and a 200-day moving average price of $257.68. The firm has a market cap of $46.58 billion, a price-to-earnings ratio of -1,089.89 and a beta of 1.05. Zscaler, Inc. has a 1-year low of $164.78 and a 1-year high of $318.46. The company has a debt-to-equity ratio of 0.95, a current ratio of 2.01 and a quick ratio of 2.01.

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

Analyst Upgrades and Downgrades

A number of brokerages recently commented on ZS. Mizuho increased their price target on shares of Zscaler from $275.00 to $290.00 and gave the company a "neutral" rating in a report on Wednesday, June 4th. Canaccord Genuity Group upped their price objective on shares of Zscaler from $320.00 to $340.00 and gave the stock a "buy" rating in a research note on Thursday, September 4th. JMP Securities reiterated a "market outperform" rating and issued a $355.00 price target on shares of Zscaler in a report on Wednesday, September 3rd. Bank of America raised their target price on shares of Zscaler from $285.00 to $340.00 and gave the company a "buy" rating in a research note on Monday, June 9th. Finally, Truist Financial reaffirmed a "buy" rating and issued a $300.00 price objective (up from $260.00) on shares of Zscaler in a research report on Friday, May 30th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $307.00.

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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