Zscaler, Inc. $ZS Shares Bought by Edmond DE Rothschild Holding S.A.

Key Points

• Edmond DE Rothschild Holding S.A. increased its holdings in Zscaler, Inc. by 79% in the first quarter, owning a total of 2,447 shares valued at approximately $486,000.
• Zscaler reported a quarterly earnings per share (EPS) of $0.89, exceeding expectations, with quarterly revenue up 21.3% compared to the same quarter last year.
• Analysts have given Zscaler a Moderate Buy rating with a consensus target price of $307.00, following several upgrades from various financial institutions.

Edmond DE Rothschild Holding S.A. grew its stake in shares of Zscaler, Inc. (NASDAQ:ZS - Free Report) by 79.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,447 shares of the company's stock after acquiring an additional 1,080 shares during the quarter. Edmond DE Rothschild Holding S.A.'s holdings in Zscaler were worth $486,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of ZS. ORG Partners LLC increased its holdings 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 acquiring an additional 94 shares in the last quarter. SVB Wealth LLC acquired a new position in Zscaler in the 1st quarter worth approximately $26,000. Colonial Trust Co SC acquired a new position in Zscaler in the 4th quarter worth approximately $28,000. Goodman Advisory Group LLC acquired a new position in Zscaler in the 1st quarter worth approximately $29,000. Finally, N.E.W. Advisory Services LLC acquired a new position in Zscaler in the 1st quarter worth approximately $29,000. Institutional investors and hedge funds own 46.45% of the company's stock.

Insider Activity

In related news, EVP Raj Judge sold 2,957 shares of the business's stock in a transaction that occurred on Tuesday, June 17th. The stock was sold at an average price of $303.70, for a total transaction of $898,040.90. Following the completion of the sale, the executive vice president owned 76,289 shares in the company, valued at $23,168,969.30. The trade was a 3.73% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Jagtar Singh Chaudhry sold 2,849 shares of the business's stock in a transaction that occurred on Tuesday, June 17th. The shares were sold at an average price of $303.70, for a total value of $865,241.30. Following the completion of the sale, the chief executive officer owned 353,565 shares of the company's stock, valued at approximately $107,377,690.50. This represents a 0.80% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 23,305 shares of company stock valued at $7,093,136 over the last 90 days. Insiders own 18.10% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on ZS shares. Canaccord Genuity Group increased their price target on shares of Zscaler from $320.00 to $340.00 and gave the stock a "buy" rating in a report on Thursday. Truist Financial reiterated a "buy" rating and issued a $300.00 price target (up previously from $260.00) on shares of Zscaler in a report on Friday, May 30th. FBN Securities raised shares of Zscaler to a "strong-buy" rating in a research note on Friday, May 30th. BMO Capital Markets raised their price objective on shares of Zscaler from $295.00 to $315.00 and gave the stock an "outperform" rating in a research note on Wednesday, September 3rd. Finally, Susquehanna raised their price objective on shares of Zscaler from $320.00 to $340.00 and gave the stock a "positive" rating in a research note on Wednesday, September 3rd. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $307.00.

Zscaler Stock Up 2.7%

NASDAQ ZS traded up $7.40 during trading on Monday, hitting $281.60. The stock had a trading volume of 1,835,023 shares, compared to its average volume of 1,601,265. The company has a market capitalization of $43.85 billion, a PE ratio of -1,042.96 and a beta of 1.05. The firm has a 50 day moving average price of $284.65 and a 200 day moving average price of $252.03. Zscaler, Inc. has a twelve month low of $153.45 and a twelve month high of $318.46.

Zscaler (NASDAQ:ZS - Get Free Report) last released its earnings results on Tuesday, September 2nd. The company reported $0.89 earnings per share for the quarter, beating the consensus estimate of $0.80 by $0.09. Zscaler had a negative return on equity of 0.49% and a negative net margin of 1.55%.The company had revenue of $719.23 million during the quarter, compared to the consensus estimate of $707.15 million. During the same period in the previous year, the company posted $0.88 EPS. Zscaler's revenue was up 21.3% compared to the same quarter last year. Zscaler has set its FY 2026 guidance at 3.640-3.680 EPS. Q1 2026 guidance at 0.850-0.860 EPS. On average, sell-side analysts anticipate that Zscaler, Inc. will post -0.1 earnings per share for the current year.

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.