IFM Investors Pty Ltd Has $6.93 Million Stock Position in Zscaler, Inc. $ZS

Key Points

• IFM Investors Pty Ltd increased its stake in Zscaler, Inc. by 16.7%, acquiring a total of 22,061 shares valued at approximately $6.93 million.
• Analysts have a consensus rating of "Moderate Buy" on Zscaler, with target prices ranging from $275.00 to $355.00, indicating strong investor confidence.
• Zscaler reported quarterly revenue of $719.23 million, exceeding analysts' estimates, along with an EPS of $0.89, demonstrating robust growth compared to the previous year.

IFM Investors Pty Ltd lifted its stake in shares of Zscaler, Inc. (NASDAQ:ZS - Free Report) by 16.7% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 22,061 shares of the company's stock after purchasing an additional 3,163 shares during the quarter. IFM Investors Pty Ltd's holdings in Zscaler were worth $6,926,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of ZS. Focus Partners Advisor Solutions LLC acquired a new stake in shares of Zscaler during the 4th quarter worth $230,000. JT Stratford LLC acquired a new stake in Zscaler in the fourth quarter valued at about $242,000. Vise Technologies Inc. acquired a new stake in Zscaler in the fourth quarter valued at about $364,000. Fourth Dimension Wealth LLC acquired a new stake in Zscaler in the fourth quarter valued at about $121,000. Finally, Sunbelt Securities Inc. boosted its stake in Zscaler by 83.8% in the fourth quarter. Sunbelt Securities Inc. now owns 250 shares of the company's stock valued at $46,000 after buying an additional 114 shares in the last quarter. 46.45% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. JMP Securities reaffirmed a "market outperform" rating and issued a $355.00 price objective on shares of Zscaler in a research note on Wednesday, September 3rd. Truist Financial reaffirmed a "buy" rating and issued a $300.00 price objective (up from $260.00) on shares of Zscaler in a research note on Friday, May 30th. Canaccord Genuity Group raised their price objective on Zscaler from $320.00 to $340.00 and gave the company a "buy" rating in a research note on Thursday, September 4th. B. Riley began coverage on Zscaler in a research note on Tuesday, August 26th. They issued a "neutral" rating and a $275.00 price objective on the stock. Finally, Piper Sandler increased their target price on Zscaler from $260.00 to $280.00 and gave the company a "neutral" rating in a research report on Wednesday, September 3rd. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Zscaler currently has a consensus rating of "Moderate Buy" and a consensus target price of $307.00.

Zscaler Price Performance

Shares of ZS opened at $294.27 on Friday. 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. The company has a market capitalization of $46.58 billion, a price-to-earnings ratio of -1,089.89 and a beta of 1.05. The business has a 50-day moving average of $280.39 and a 200-day moving average of $257.29.

Zscaler (NASDAQ:ZS - Get Free Report) last issued its quarterly earnings data on Tuesday, September 2nd. The company reported $0.89 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.80 by $0.09. Zscaler had a negative return on equity of 0.47% 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 last year, the company earned $0.88 earnings per share. The firm'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. As a group, equities research analysts anticipate that Zscaler, Inc. will post -0.1 earnings per share for the current year.

Insider Buying and Selling

In other Zscaler news, EVP Raj Judge sold 4,524 shares of Zscaler stock in a transaction that occurred on Tuesday, September 16th. The stock was sold at an average price of $280.70, for a total value of $1,269,886.80. Following the completion of the sale, the executive vice president directly owned 73,832 shares in the company, valued at approximately $20,724,642.40. The trade was a 5.77% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Adam Geller sold 11,193 shares of Zscaler stock in a transaction that occurred on Tuesday, September 16th. The stock was sold at an average price of $280.70, for a total value of $3,141,875.10. Following the completion of the sale, the insider owned 53,942 shares of the company's stock, valued at approximately $15,141,519.40. The trade was a 17.18% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 32,878 shares of company stock valued at $9,266,002 over the last three months. 18.10% of the stock is owned by insiders.

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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