Kera Capital Partners Inc. Invests $303,000 in Zscaler, Inc. $ZS

Key Points

• Kera Capital Partners Inc. invested approximately $303,000 in Zscaler, purchasing 965 shares during the second quarter.
• Insiders have been selling shares, with Adam Geller and Robert Schlossman selling a total of 6,836 shares, reflecting a decrease in their respective ownership stakes.
• Zscaler's stock has received multiple price target increases from analysts, with a consensus rating of "Moderate Buy" and an average target price of $307.00.

Kera Capital Partners Inc. purchased a new position in shares of Zscaler, Inc. (NASDAQ:ZS - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 965 shares of the company's stock, valued at approximately $303,000.

Several other institutional investors have also modified their holdings of ZS. T. Rowe Price Investment Management Inc. purchased a new stake in shares of Zscaler during the 1st quarter worth approximately $516,622,000. Nuveen LLC purchased a new stake in Zscaler in the 1st quarter valued at approximately $153,340,000. Goldman Sachs Group Inc. lifted its stake in Zscaler by 23.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 3,048,238 shares of the company's stock valued at $604,831,000 after buying an additional 578,883 shares in the last quarter. Woodline Partners LP purchased a new stake in Zscaler in the 1st quarter valued at approximately $70,340,000. Finally, Vanguard Group Inc. lifted its stake in Zscaler by 3.1% in the 1st quarter. Vanguard Group Inc. now owns 9,890,506 shares of the company's stock valued at $1,962,474,000 after buying an additional 294,034 shares in the last quarter. Hedge funds and other institutional investors own 46.45% of the company's stock.

Insider Transactions at Zscaler

In related news, insider Adam Geller sold 3,662 shares of the stock in a transaction on Wednesday, June 18th. The stock was sold at an average price of $306.72, for a total value of $1,123,208.64. Following the completion of the sale, the insider directly owned 46,813 shares in the company, valued at approximately $14,358,483.36. This represents a 7.26% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Robert Schlossman sold 3,174 shares of the stock in a transaction on Wednesday, June 18th. The shares were sold at an average price of $305.07, for a total value of $968,292.18. Following the completion of the sale, the insider owned 88,970 shares of the company's stock, valued at approximately $27,142,077.90. This represents a 3.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 23,305 shares of company stock worth $7,093,136 in the last quarter. 18.10% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the company. Needham & Company LLC reaffirmed a "buy" rating and issued a $350.00 target price on shares of Zscaler in a research note on Wednesday, September 3rd. BMO Capital Markets upped their target price on Zscaler from $295.00 to $315.00 and gave the company an "outperform" rating in a research note on Wednesday, September 3rd. Piper Sandler boosted their price target on Zscaler from $260.00 to $280.00 and gave the company a "neutral" rating in a report on Wednesday, September 3rd. Wedbush reiterated an "outperform" rating and issued a $330.00 price target on shares of Zscaler in a report on Wednesday, September 3rd. Finally, Bank of America boosted their price target on Zscaler from $285.00 to $340.00 and gave the company a "buy" rating in a report on Monday, June 9th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $307.00.

Zscaler Stock Down 1.2%

ZS stock opened at $283.19 on Friday. The company has a market cap of $44.09 billion, a price-to-earnings ratio of -1,048.85 and a beta of 1.05. The business has a fifty day simple moving average of $282.34 and a 200-day simple moving average of $254.06. Zscaler, Inc. has a 52 week low of $164.78 and a 52 week high of $318.46.

Zscaler (NASDAQ:ZS - Get Free Report) last released its quarterly earnings data on Tuesday, September 2nd. The company reported $0.89 EPS for the quarter, topping analysts' consensus estimates 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%.The business's revenue for the quarter was up 21.3% on a year-over-year basis. During the same period in the prior year, the firm posted $0.88 EPS. 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, analysts expect that Zscaler, Inc. will post -0.1 earnings per share for the current fiscal year.

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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