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Impact Investors Inc Makes New $291,000 Investment in Zscaler, Inc. $ZS

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Key Points

  • Impact Investors Inc made a new investment of approximately $291,000 in Zscaler, Inc., acquiring 928 shares during the second quarter.
  • Several institutional investors have also increased their positions in Zscaler, contributing to 46.45% of the company's stock being owned by such entities.
  • Zscaler has recently shown positive financial performance, reporting a revenue increase of 21.3% year-over-year and surpassing earnings expectations with $0.89 per share.
  • Five stocks to consider instead of Zscaler.

Impact Investors Inc acquired a new position in shares of Zscaler, Inc. (NASDAQ:ZS - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 928 shares of the company's stock, valued at approximately $291,000.

Several other institutional investors and hedge funds also recently modified their holdings of ZS. ORG Partners LLC boosted its position in shares of Zscaler by 284.8% during the first quarter. ORG Partners LLC now owns 127 shares of the company's stock worth $26,000 after buying an additional 94 shares during the period. SVB Wealth LLC acquired a new position in Zscaler during the first quarter valued at approximately $26,000. Goodman Advisory Group LLC acquired a new position in Zscaler during the first quarter valued at approximately $29,000. N.E.W. Advisory Services LLC acquired a new position in Zscaler during the first quarter valued at approximately $29,000. Finally, CVA Family Office LLC boosted its position in 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 purchasing an additional 83 shares during the last quarter. 46.45% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Zscaler news, insider Robert Schlossman sold 7,006 shares of Zscaler stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $305.57, for a total value of $2,140,823.42. Following the completion of the transaction, the insider directly owned 76,132 shares of the company's stock, valued at $23,263,655.24. The trade was a 8.43% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Raj Judge sold 4,524 shares of Zscaler stock in a transaction 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 completion of the transaction, the executive vice president owned 73,832 shares in the company, valued at approximately $20,724,642.40. The trade was a 5.77% decrease in their position. The disclosure for this sale can be found here. Insiders sold 39,884 shares of company stock valued at $11,406,825 over the last 90 days. 18.10% of the stock is currently owned by insiders.

Zscaler Price Performance

Shares of NASDAQ ZS opened at $305.41 on Friday. The firm has a market cap of $48.35 billion, a P/E ratio of -1,131.15 and a beta of 1.06. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.95. Zscaler, Inc. has a 1-year low of $164.78 and a 1-year high of $318.46. The business's 50 day moving average is $282.18 and its 200-day moving average is $263.56.

Zscaler (NASDAQ:ZS - Get Free Report) last announced its 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. The company had revenue of $719.23 million for the quarter, compared to analyst estimates of $707.15 million. Zscaler had a negative return on equity of 0.47% and a negative net margin of 1.55%.The firm's quarterly revenue was up 21.3% compared to the same quarter last year. During the same quarter last year, the company earned $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. Equities research analysts predict that Zscaler, Inc. will post -0.1 earnings per share for the current year.

Analyst Ratings Changes

Several brokerages recently commented on ZS. Canaccord Genuity Group increased their price target on Zscaler from $320.00 to $340.00 and gave the company a "buy" rating in a research report on Thursday, September 4th. KeyCorp increased their price target on Zscaler from $345.00 to $350.00 and gave the company an "overweight" rating in a research report on Wednesday, September 3rd. Zacks Research raised Zscaler from a "strong sell" rating to a "hold" rating in a research report on Thursday. B. Riley began coverage on Zscaler in a research report on Tuesday, August 26th. They set a "neutral" rating and a $275.00 price target for the company. Finally, Cantor Fitzgerald reissued an "overweight" rating and set a $340.00 price target on shares of Zscaler in a research report on Wednesday, September 3rd. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Zscaler currently has an average rating of "Moderate Buy" and an average price target of $307.43.

Check Out Our Latest Analysis on ZS

Zscaler Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Zscaler (NASDAQ:ZS)

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.

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