Geneos Wealth Management Inc. Increases Stake in Zscaler, Inc. $ZS

Key Points

• Geneos Wealth Management Inc. increased its stake in Zscaler, Inc. by 26.7%, owning a total of 6,170 shares worth approximately $1.224 million at the end of the quarter.
• Several institutional investors made significant moves, with ORG Partners LLC increasing its stake by 284.8%, and other firms also purchasing new positions in Zscaler.
• Zscaler reported quarterly earnings of $0.89 per share, exceeding expectations, while revenue grew 21.3% year-over-year, with FY 2026 EPS guidance set between 3.640 and 3.680.

Geneos Wealth Management Inc. increased its position in shares of Zscaler, Inc. (NASDAQ:ZS - Free Report) by 26.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,170 shares of the company's stock after buying an additional 1,299 shares during the period. Geneos Wealth Management Inc.'s holdings in Zscaler were worth $1,224,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. ORG Partners LLC increased 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 buying an additional 94 shares during the period. SVB Wealth LLC purchased a new position in shares of Zscaler during the first quarter valued at $26,000. Goodman Advisory Group LLC purchased a new position in shares of Zscaler during the first quarter valued at $29,000. N.E.W. Advisory Services LLC purchased a new position in shares of Zscaler during the first quarter valued at $29,000. Finally, CVA Family Office LLC increased its stake in shares of Zscaler by 120.3% during the first quarter. CVA Family Office LLC now owns 152 shares of the company's stock valued at $30,000 after buying an additional 83 shares during the period. Hedge funds and other institutional investors own 46.45% of the company's stock.

Zscaler Stock Performance

Shares of ZS stock opened at $283.19 on Friday. Zscaler, Inc. has a fifty-two week low of $164.78 and a fifty-two week high of $318.46. The firm has a market capitalization of $44.09 billion, a price-to-earnings ratio of -1,048.85 and a beta of 1.05. The stock's 50-day simple moving average is $282.34 and its 200-day simple moving average is $253.66.

Zscaler (NASDAQ:ZS - Get Free Report) last issued its quarterly earnings results on Tuesday, September 2nd. The company reported $0.89 earnings per share for the quarter, topping analysts' consensus estimates 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 business had revenue of $719.23 million for the quarter, compared to analyst estimates of $707.15 million. During the same quarter in the previous year, the firm earned $0.88 earnings per share. The company's revenue 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. As a group, equities analysts forecast that Zscaler, Inc. will post -0.1 earnings per share for the current year.

Insider Buying and Selling at Zscaler

In related news, CEO Jagtar Singh Chaudhry sold 2,849 shares of Zscaler stock in a transaction dated Tuesday, June 17th. The stock was sold at an average price of $303.70, for a total transaction 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 $107,377,690.50. The trade was a 0.80% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Robert Schlossman sold 3,174 shares of Zscaler stock in a transaction dated Wednesday, June 18th. The stock was sold at an average price of $305.07, for a total value of $968,292.18. Following the sale, the insider directly owned 88,970 shares of the company's stock, valued at $27,142,077.90. This trade represents a 3.44% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 23,305 shares of company stock valued at $7,093,136. Insiders own 18.10% of the company's stock.

Analysts Set New Price Targets

Several research firms have issued reports on ZS. Zacks Research lowered Zscaler from a "hold" rating to a "strong sell" rating in a research note on Wednesday, September 3rd. Royal Bank Of Canada lifted their target price on Zscaler from $315.00 to $335.00 and gave the company an "outperform" rating in a research note on Wednesday, September 3rd. Piper Sandler lifted their target price on Zscaler from $260.00 to $280.00 and gave the company a "neutral" rating in a research note on Wednesday, September 3rd. Canaccord Genuity Group lifted their target price on Zscaler from $320.00 to $340.00 and gave the company a "buy" rating in a research note on Thursday, September 4th. Finally, Stifel Nicolaus lifted their target price on Zscaler from $295.00 to $330.00 and gave the company 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 company. According to data from MarketBeat.com, Zscaler has an average rating of "Moderate Buy" and an average 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.