Surience Private Wealth LLC Makes New $3.45 Million Investment in Zscaler, Inc. $ZS

Key Points

• Surience Private Wealth LLC invested approximately $3.45 million in Zscaler, Inc., acquiring 10,988 shares, which now represent about 3.2% of its overall investment portfolio.
• A number of major investors, including Universal Beteiligungs und Servicegesellschaft mbH and Centaurus Financial Inc., have recently increased their stakes in Zscaler, indicating positive market sentiment towards the stock.
• Zscaler's shares have received multiple upgrades from analysts, with price targets ranging from $300 to $350, signaling strong growth expectations from the company.

Surience Private Wealth LLC acquired a new stake in Zscaler, Inc. (NASDAQ:ZS - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 10,988 shares of the company's stock, valued at approximately $3,450,000. Zscaler accounts for about 3.2% of Surience Private Wealth LLC's investment portfolio, making the stock its 11th biggest holding.

Several other large investors have also recently added to or reduced their stakes in the business. Sunbelt Securities Inc. increased its position in shares of Zscaler by 83.8% during the fourth quarter. Sunbelt Securities Inc. now owns 250 shares of the company's stock worth $46,000 after acquiring an additional 114 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in Zscaler in the fourth quarter valued at $28,802,000. Siemens Fonds Invest GmbH acquired a new position in Zscaler during the 4th quarter worth $2,047,000. Centaurus Financial Inc. increased its holdings in Zscaler by 13.1% during the 4th quarter. Centaurus Financial Inc. now owns 4,641 shares of the company's stock worth $837,000 after purchasing an additional 538 shares during the period. Finally, Lansforsakringar Fondforvaltning AB publ acquired a new stake in Zscaler in the 4th quarter valued at about $5,587,000. 46.45% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Zscaler

In other news, CEO Jagtar Singh Chaudhry sold 2,865 shares of the 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 $804,205.50. Following the completion of the sale, the chief executive officer directly owned 350,700 shares of the company's stock, valued at approximately $98,441,490. This represents a 0.81% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Adam Geller sold 10,464 shares of the company's stock in a transaction 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 of the company's stock, valued at approximately $12,358,621.50. This trade represents a 19.40% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 32,878 shares of company stock worth $9,266,002 in the last three months. Corporate insiders own 18.10% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on ZS. Morgan Stanley raised Zscaler from an "equal weight" rating to an "overweight" rating and boosted their price objective for the stock from $280.00 to $320.00 in a research report on Tuesday, September 2nd. Robert W. Baird increased their price objective on shares of Zscaler from $330.00 to $345.00 and gave the company an "outperform" rating in a research report on Wednesday, September 3rd. Wall Street Zen upgraded shares of Zscaler from a "hold" rating to a "buy" rating in a report on Sunday, September 7th. Truist Financial reaffirmed a "buy" rating and set a $300.00 price objective (up from $260.00) on shares of Zscaler in a research report on Friday, May 30th. Finally, UBS Group dropped their target price on Zscaler from $365.00 to $350.00 and set a "buy" rating on the stock in a report on Wednesday, September 3rd. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $307.00.

Zscaler Stock Performance

NASDAQ ZS opened at $284.42 on Thursday. The company has a fifty day moving average of $280.34 and a two-hundred day moving average of $258.65. The company has a market capitalization of $45.02 billion, a PE ratio of -1,053.41 and a beta of 1.05. Zscaler, Inc. has a 1 year low of $164.78 and a 1 year high of $318.46. The company has a debt-to-equity ratio of 0.95, a current ratio of 2.01 and a quick ratio of 2.01.

Zscaler (NASDAQ:ZS - Get Free Report) last posted its 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 business had revenue of $719.23 million for the quarter, compared to analysts' expectations of $707.15 million. Zscaler had a negative return on equity of 0.47% and a negative net margin of 1.55%.The business's revenue was up 21.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $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 expect that Zscaler, Inc. will post -0.1 earnings per share for the current year.

Zscaler 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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