Prostatis Group LLC Invests $255,000 in Zscaler, Inc. $ZS

Key Points

• Prostatis Group LLC has invested approximately $255,000 in Zscaler, purchasing 811 shares in the second quarter.
• Zscaler's quarterly earnings report showed a profit of $0.89 per share, surpassing analyst expectations, and a 21.3% year-over-year revenue increase to $719.23 million.
• Several institutional investors have recently increased their stakes in Zscaler, driving up overall institutional ownership to 46.45%.

Prostatis Group LLC purchased a new position in shares of Zscaler, Inc. (NASDAQ:ZS - Free Report) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund purchased 811 shares of the company's stock, valued at approximately $255,000.

Several other institutional investors also recently modified their holdings of ZS. Farther Finance Advisors LLC grew its position in shares of Zscaler by 161.0% during the 1st quarter. Farther Finance Advisors LLC now owns 890 shares of the company's stock worth $179,000 after buying an additional 549 shares during the period. GAMMA Investing LLC boosted its stake in Zscaler by 43.1% during the 1st quarter. GAMMA Investing LLC now owns 641 shares of the company's stock worth $127,000 after acquiring an additional 193 shares during the last quarter. NorthCrest Asset Manangement LLC bought a new position in Zscaler during the 1st quarter worth approximately $341,000. CVA Family Office LLC boosted its stake in Zscaler by 120.3% during the 1st quarter. CVA Family Office LLC now owns 152 shares of the company's stock worth $30,000 after acquiring an additional 83 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its stake in Zscaler by 10.5% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 25,072 shares of the company's stock worth $4,975,000 after acquiring an additional 2,378 shares during the last quarter. Institutional investors and hedge funds own 46.45% of the company's stock.

Zscaler Stock Performance

Shares of ZS opened at $309.88 on Monday. 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 twelve month low of $164.78 and a twelve month high of $319.89. The firm's 50 day moving average price is $284.27 and its two-hundred day moving average price is $267.79. The firm has a market cap of $49.05 billion, a P/E ratio of -1,147.70 and a beta of 1.06.

Zscaler (NASDAQ:ZS - Get Free Report) last announced its quarterly earnings results on Tuesday, September 2nd. The company reported $0.89 earnings per share for the quarter, beating analysts' consensus estimates of $0.80 by $0.09. Zscaler had a negative net margin of 1.55% and a negative return on equity of 0.47%. The firm had revenue of $719.23 million for the quarter, compared to analyst estimates of $707.15 million. During the same quarter in the previous year, the firm posted $0.88 earnings per share. The business'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, analysts forecast that Zscaler, Inc. will post -0.1 EPS for the current fiscal year.

Insider Buying and Selling at Zscaler

In other news, EVP Raj Judge sold 4,524 shares of Zscaler stock in a transaction that occurred 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 sale, the executive vice president directly owned 73,832 shares in the company, valued at $20,724,642.40. This trade represents a 5.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Adam Geller sold 10,464 shares of Zscaler stock in a transaction that occurred on Wednesday, September 17th. The shares were sold at an average price of $284.25, for a total transaction of $2,974,392.00. Following the completion of the sale, the insider owned 43,478 shares in the company, valued at $12,358,621.50. This trade represents a 19.40% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 39,884 shares of company stock valued at $11,406,825 over the last ninety days. 18.10% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on ZS. Barclays lifted their price objective on shares of Zscaler from $300.00 to $320.00 and gave the stock an "overweight" rating in a research note on Wednesday, September 3rd. UBS Group reduced their price objective on shares of Zscaler from $365.00 to $350.00 and set a "buy" rating on the stock in a research note on Wednesday, September 3rd. Cantor Fitzgerald reissued an "overweight" rating and set a $340.00 price objective on shares of Zscaler in a research note on Wednesday, September 3rd. B. Riley began coverage on shares of Zscaler in a research note on Tuesday, August 26th. They set a "neutral" rating and a $275.00 price objective on the stock. Finally, Scotiabank reduced their price objective on shares of Zscaler from $360.00 to $334.00 and set a "sector outperform" rating on the stock in a research note 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.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $307.43.

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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