Focus Partners Wealth Acquires 1,517 Shares of Zscaler, Inc. $ZS

Key Points

• Focus Partners Wealth has increased its stake in Zscaler, Inc. by 2.5% during the 1st quarter, acquiring an additional 1,517 shares, bringing their total holdings to 62,083 shares valued at approximately $12.3 million.
• Zscaler's stock is currently trading at $283.19 but has seen a 12-month low of $164.78 and a high of $318.46, reflecting significant volatility.
• The company reported a quarterly earnings per share of $0.89, surpassing estimates, with a revenue increase of 21.3% compared to the same quarter last year.

Focus Partners Wealth raised its stake in shares of Zscaler, Inc. (NASDAQ:ZS - Free Report) by 2.5% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 62,083 shares of the company's stock after purchasing an additional 1,517 shares during the period. Focus Partners Wealth's holdings in Zscaler were worth $12,319,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. ORG Partners LLC increased its position in Zscaler by 284.8% during the 1st 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 bought a new position in Zscaler during the first quarter worth $26,000. Goodman Advisory Group LLC bought a new stake in Zscaler during the first quarter valued at $29,000. N.E.W. Advisory Services LLC acquired a new stake in Zscaler during the 1st quarter worth about $29,000. Finally, CVA Family Office LLC raised its position in shares of Zscaler by 120.3% in the 1st quarter. CVA Family Office LLC now owns 152 shares of the company's stock worth $30,000 after acquiring an additional 83 shares in the last quarter. 46.45% of the stock is owned by institutional investors and hedge funds.

Zscaler Stock Down 1.2%

ZS stock opened at $283.19 on Friday. Zscaler, Inc. has a twelve month low of $164.78 and a twelve month high of $318.46. The stock's 50 day moving average is $282.34 and its 200-day moving average is $253.66. The firm has a market capitalization of $44.09 billion, a PE ratio of -1,048.85 and a beta of 1.05.

Zscaler (NASDAQ:ZS - Get Free Report) last announced its quarterly 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. 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 0.49% and a negative net margin of 1.55%.Zscaler's revenue was up 21.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $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. On average, equities research analysts anticipate that Zscaler, Inc. will post -0.1 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on ZS shares. BTIG Research restated a "buy" rating on shares of Zscaler in a research report on Thursday, July 10th. Canaccord Genuity Group increased their price target on Zscaler from $320.00 to $340.00 and gave the stock a "buy" rating in a report on Thursday, September 4th. Oppenheimer raised their price objective on shares of Zscaler from $290.00 to $345.00 and gave the stock an "outperform" rating in a research report on Friday, June 6th. Wells Fargo & Company raised shares of Zscaler from an "equal weight" rating to an "overweight" rating and lifted their price target for the company from $260.00 to $385.00 in a research note on Friday, June 13th. Finally, Stifel Nicolaus upped their price target on Zscaler from $295.00 to $330.00 and gave the stock a "buy" rating in a research note on Wednesday, September 3rd. One 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 stock. According to data from MarketBeat, Zscaler has a consensus rating of "Moderate Buy" and a consensus target price of $307.00.

Insider Transactions at Zscaler

In other news, insider Syam Nair sold 4,064 shares of the stock in a transaction dated Tuesday, June 17th. The shares were sold at an average price of $303.70, for a total value of $1,234,236.80. Following the completion of the sale, the insider owned 106,659 shares in the company, valued at $32,392,338.30. This represents a 3.67% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Robert Schlossman sold 3,174 shares of the business's stock in a transaction dated Wednesday, June 18th. The stock was sold at an average price of $305.07, for a total transaction of $968,292.18. Following the transaction, the insider owned 88,970 shares in the company, valued at approximately $27,142,077.90. This trade represents a 3.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 23,305 shares of company stock worth $7,093,136. 18.10% of the stock is owned by insiders.

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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