Retireful LLC Invests $1.32 Million in Zscaler, Inc. $ZS

Key Points

• Retireful LLC has invested $1.32 million in Zscaler, acquiring 4,211 shares of the company's stock in the second quarter.
• Analysts are optimistic about Zscaler's growth, with several brokerages raising their price targets, including Royal Bank of Canada which increased it to $335.
• Zscaler recently reported a 21.3% year-over-year revenue increase, achieving $719.23 million for the quarter, and surpassed earnings estimates with an EPS of $0.89.

Retireful LLC acquired a new stake in Zscaler, Inc. (NASDAQ:ZS - Free Report) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund acquired 4,211 shares of the company's stock, valued at approximately $1,322,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. T. Rowe Price Investment Management Inc. bought a new stake in Zscaler in the first quarter valued at $516,622,000. Nuveen LLC bought a new stake in Zscaler in the 1st quarter valued at about $153,340,000. Goldman Sachs Group Inc. raised its stake in Zscaler by 23.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 3,048,238 shares of the company's stock worth $604,831,000 after buying an additional 578,883 shares during the period. Woodline Partners LP bought a new position in Zscaler in the first quarter worth approximately $70,340,000. Finally, Vanguard Group Inc. boosted its holdings in Zscaler by 3.1% in the first quarter. Vanguard Group Inc. now owns 9,890,506 shares of the company's stock worth $1,962,474,000 after acquiring an additional 294,034 shares in the last quarter. 46.45% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on ZS. Royal Bank Of Canada boosted their price target on shares of Zscaler from $315.00 to $335.00 and gave the company an "outperform" rating in a research note on Wednesday, September 3rd. Needham & Company LLC reiterated a "buy" rating and set a $350.00 price objective on shares of Zscaler in a report on Wednesday, September 3rd. Stifel Nicolaus upped their target price on shares of Zscaler from $295.00 to $330.00 and gave the stock a "buy" rating in a report on Wednesday, September 3rd. Scotiabank cut their price target on Zscaler from $360.00 to $334.00 and set a "sector outperform" rating for the company in a research note on Wednesday, September 3rd. Finally, Robert W. Baird boosted their price objective on Zscaler from $330.00 to $345.00 and gave the stock an "outperform" rating in a report on Wednesday, September 3rd. One analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Zscaler has a consensus rating of "Moderate Buy" and a consensus price target of $307.00.

Insider Buying and Selling

In other Zscaler news, CEO Jagtar Singh Chaudhry sold 2,865 shares of the firm's stock in a transaction dated Tuesday, September 16th. The stock was sold at an average price of $280.70, for a total value of $804,205.50. Following the completion of the transaction, the chief executive officer owned 350,700 shares in the company, valued at $98,441,490. This trade represents a 0.81% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Adam Geller sold 11,193 shares of Zscaler stock in a transaction dated Tuesday, September 16th. The shares were sold at an average price of $280.70, for a total value of $3,141,875.10. Following the transaction, the insider directly owned 53,942 shares of the company's stock, valued at $15,141,519.40. The trade was a 17.18% decrease in their position. The disclosure for this sale can be found here. Insiders sold 32,878 shares of company stock valued at $9,266,002 over the last three months. Insiders own 18.10% of the company's stock.

Zscaler Price Performance

Shares of NASDAQ:ZS opened at $289.29 on Wednesday. The firm has a market capitalization of $45.79 billion, a PE ratio of -1,071.44 and a beta of 1.05. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.95. The company has a 50-day moving average price of $280.40 and a two-hundred day moving average price of $258.47. Zscaler, Inc. has a twelve month low of $164.78 and a twelve month high of $318.46.

Zscaler (NASDAQ:ZS - Get Free Report) last announced its quarterly earnings results on Tuesday, September 2nd. The company reported $0.89 EPS for the quarter, beating analysts' consensus estimates of $0.80 by $0.09. The company had revenue of $719.23 million for the quarter, compared to analysts' expectations of $707.15 million. Zscaler had a negative net margin of 1.55% and a negative return on equity of 0.47%. Zscaler's revenue was up 21.3% compared to the same quarter last year. During the same period in the prior year, the company 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. Equities analysts forecast that Zscaler, Inc. will post -0.1 EPS for the current year.

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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