Landscape Capital Management L.L.C. Makes New Investment in Zscaler, Inc. $ZS

Key Points

• Landscape Capital Management L.L.C. has acquired 1,410 shares of Zscaler, Inc., valued at approximately $280,000, as per its recent 13F filing with the SEC.
• Several other institutional investors increased their stakes in Zscaler, with notable acquisitions including Ieq Capital LLC, which raised its stake by 20.7% during the 1st quarter.
• Analysts are bullish on Zscaler, with price target upgrades from firms like Oppenheimer and Wells Fargo, indicating strong growth prospects for the company.

Landscape Capital Management L.L.C. purchased a new position in shares of Zscaler, Inc. (NASDAQ:ZS - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 1,410 shares of the company's stock, valued at approximately $280,000.

A number of other institutional investors also recently modified their holdings of ZS. ORG Partners LLC increased its holdings in Zscaler by 284.8% in the 1st quarter. ORG Partners LLC now owns 127 shares of the company's stock worth $26,000 after purchasing an additional 94 shares in the last quarter. SVB Wealth LLC acquired a new position in Zscaler in the 1st quarter worth about $26,000. Colonial Trust Co SC acquired a new position in Zscaler in the 4th quarter worth about $28,000. Goodman Advisory Group LLC acquired a new position in Zscaler in the 1st quarter worth about $29,000. Finally, N.E.W. Advisory Services LLC acquired a new position in Zscaler in the 1st quarter worth about $29,000. Institutional investors and hedge funds own 46.45% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Barclays upped their target price on Zscaler from $300.00 to $320.00 and gave the stock an "overweight" rating in a report on Wednesday. Wall Street Zen cut Zscaler from a "buy" rating to a "hold" rating in a report on Saturday. Piper Sandler upped their target price on Zscaler from $260.00 to $280.00 and gave the stock a "neutral" rating in a report on Wednesday. Cantor Fitzgerald reaffirmed an "overweight" rating and issued a $340.00 target price on shares of Zscaler in a report on Wednesday. Finally, UBS Group lowered their target price on Zscaler from $365.00 to $350.00 and set a "buy" rating for the company in a report on Wednesday. One analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and seven have issued a Hold rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $306.00.

Zscaler Trading Down 1.5%

NASDAQ ZS traded down $3.99 during trading hours on Wednesday, hitting $270.58. 6,032,082 shares of the company's stock were exchanged, compared to its average volume of 1,178,785. The stock has a 50-day simple moving average of $287.03 and a 200 day simple moving average of $250.11. Zscaler, Inc. has a 1-year low of $153.45 and a 1-year high of $318.46. The firm has a market cap of $42.13 billion, a price-to-earnings ratio of -1,040.69, a PEG ratio of 259.58 and a beta of 1.05.

Zscaler (NASDAQ:ZS - Get Free Report) last released its earnings results on Tuesday, September 2nd. The company reported $0.89 EPS for the quarter, topping the consensus estimate of $0.80 by $0.09. Zscaler had a negative return on equity of 0.59% and a negative net margin of 1.52%.The business had revenue of $719.23 million during the quarter, compared to analysts' expectations of $707.15 million. During the same quarter last year, the firm posted $0.88 earnings per share. The firm'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. On average, sell-side analysts anticipate that Zscaler, Inc. will post -0.1 earnings per share for the current fiscal year.

Insider Buying and Selling at Zscaler

In related news, insider Robert Schlossman sold 3,174 shares of the firm's stock in a transaction that occurred on Wednesday, June 18th. The stock was sold at an average price of $305.07, for a total transaction of $968,292.18. Following the completion of the sale, the insider owned 88,970 shares of the company's stock, valued at $27,142,077.90. This trade represents a 3.44% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Raj Judge sold 2,957 shares of the firm's stock in a transaction that occurred on Tuesday, June 17th. The stock was sold at an average price of $303.70, for a total value of $898,040.90. Following the sale, the executive vice president directly owned 76,289 shares of the company's stock, valued at $23,168,969.30. This represents a 3.73% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 143,305 shares of company stock valued at $43,199,936 over the last ninety days. Insiders own 18.10% of the company's stock.

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.