Park Capital Management LLC WI Takes $601,000 Position in Zscaler, Inc. $ZS

Key Points

• Park Capital Management LLC acquired 1,914 shares of Zscaler, Inc., valued at approximately $601,000, as reported in their latest 13F filing.
• Notable institutional investors, including T. Rowe Price and Vanguard Group, have recently increased their stakes in Zscaler, contributing to a total institutional ownership of 46.45%.
• Zscaler reported $0.89 earnings per share, exceeding analysts' estimates, with a projected target price for the stock averaging $307.00 according to brokerages' forecasts.

Park Capital Management LLC WI acquired a new position in shares of Zscaler, Inc. (NASDAQ:ZS - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 1,914 shares of the company's stock, valued at approximately $601,000.

A number of other large investors also recently made changes to their positions in the business. Secure Asset Management LLC increased its holdings in shares of Zscaler by 1.8% in the 2nd quarter. Secure Asset Management LLC now owns 2,436 shares of the company's stock valued at $765,000 after purchasing an additional 43 shares during the period. Quintet Private Bank Europe S.A. grew its stake in shares of Zscaler by 4.7% in the 1st quarter. Quintet Private Bank Europe S.A. now owns 1,120 shares of the company's stock valued at $222,000 after buying an additional 50 shares in the last quarter. Cerity Partners LLC grew its stake in shares of Zscaler by 0.3% in the 1st quarter. Cerity Partners LLC now owns 22,928 shares of the company's stock valued at $4,549,000 after buying an additional 68 shares in the last quarter. Koshinski Asset Management Inc. grew its stake in shares of Zscaler by 2.6% in the 1st quarter. Koshinski Asset Management Inc. now owns 2,801 shares of the company's stock valued at $556,000 after buying an additional 70 shares in the last quarter. Finally, Choreo LLC grew its stake in shares of Zscaler by 2.7% in the 1st quarter. Choreo LLC now owns 2,909 shares of the company's stock valued at $577,000 after buying an additional 76 shares in the last quarter. Institutional investors and hedge funds own 46.45% of the company's stock.

Analysts Set New Price Targets

ZS has been the subject of a number of recent analyst reports. Royal Bank Of Canada upped their target price on Zscaler from $315.00 to $335.00 and gave the stock an "outperform" rating in a research report on Wednesday, September 3rd. Roth Capital reissued a "neutral" rating on shares of Zscaler in a research report on Wednesday, May 28th. JPMorgan Chase & Co. increased their price objective on Zscaler from $348.00 to $351.00 and gave the company an "overweight" rating in a research report on Wednesday, September 3rd. B. Riley assumed coverage on Zscaler in a research note on Tuesday, August 26th. They issued a "neutral" rating and a $275.00 target price for the company. Finally, UBS Group cut their target price on Zscaler from $365.00 to $350.00 and set a "buy" rating for the company in a research note on Wednesday, September 3rd. One equities 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 issued a Sell rating to the company. Based on data from MarketBeat, Zscaler has an average rating of "Moderate Buy" and a consensus target price of $307.00.

Zscaler Trading Down 0.5%

ZS traded down $1.43 during midday trading on Monday, reaching $292.84. 483,348 shares of the company were exchanged, compared to its average volume of 2,127,414. The company has a debt-to-equity ratio of 0.95, a quick ratio of 2.01 and a current ratio of 2.01. Zscaler, Inc. has a one year low of $164.78 and a one year high of $318.46. The stock has a market capitalization of $46.36 billion, a P/E ratio of -1,083.02 and a beta of 1.05. The stock's 50-day simple moving average is $280.39 and its 200 day simple moving average is $257.68.

Zscaler (NASDAQ:ZS - Get Free Report) last released its quarterly earnings results on Tuesday, September 2nd. The company reported $0.89 EPS 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%.Zscaler's revenue was up 21.3% compared to the same quarter last year. During the same quarter last year, the firm posted $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. As a group, analysts forecast that Zscaler, Inc. will post -0.1 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other 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 transaction of $1,269,886.80. Following the completion of the transaction, 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 position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 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 transaction, the insider owned 53,942 shares of the company's stock, valued at $15,141,519.40. This represents a 17.18% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 32,878 shares of company stock valued at $9,266,002. 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.