Woodstock Corp Purchases 1,598 Shares of Zscaler, Inc. $ZS

Key Points

• Woodstock Corp increased its holdings in Zscaler, Inc. by 3.3%, acquiring an additional 1,598 shares, bringing its total to 49,450 shares valued at approximately $15.52 million.
• Zscaler reported earnings of $0.89 EPS for the quarter, exceeding estimates, with a revenue of $719.23 million, a 21.3% year-over-year increase.
• Institutional investors own 46.45% of Zscaler’s stock, with several firms acquiring new positions during the second quarter.

Woodstock Corp raised its position in shares of Zscaler, Inc. (NASDAQ:ZS - Free Report) by 3.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 49,450 shares of the company's stock after purchasing an additional 1,598 shares during the period. Zscaler accounts for approximately 1.4% of Woodstock Corp's portfolio, making the stock its 17th largest holding. Woodstock Corp's holdings in Zscaler were worth $15,524,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Parisi Gray Wealth Management bought a new position in Zscaler during the second quarter valued at $801,000. Avity Investment Management Inc. bought a new position in Zscaler during the second quarter valued at $228,000. OMNI 360 Wealth Inc. bought a new position in shares of Zscaler in the second quarter worth $306,000. Fiduciary Financial Group LLC bought a new position in shares of Zscaler in the second quarter worth $213,000. Finally, Norway Savings Bank boosted its holdings in shares of Zscaler by 6.1% in the second quarter. Norway Savings Bank now owns 5,965 shares of the company's stock worth $1,873,000 after acquiring an additional 344 shares during the period. 46.45% of the stock is owned by institutional investors.

Zscaler Stock Up 0.9%

NASDAQ ZS opened at $285.66 on Tuesday. The company has a debt-to-equity ratio of 0.95, a current ratio of 2.01 and a quick ratio of 2.01. The stock has a market capitalization of $45.22 billion, a PE ratio of -1,058.00 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 business's 50-day moving average is $281.75 and its 200 day moving average is $255.12.

Zscaler (NASDAQ:ZS - Get Free Report) last posted its earnings results on Tuesday, September 2nd. The company reported $0.89 earnings per share (EPS) for the quarter, topping the consensus estimate 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 return on equity of 0.47% and a negative net margin of 1.55%.Zscaler's quarterly revenue was up 21.3% on a year-over-year basis. During the same period last 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. Sell-side analysts forecast that Zscaler, Inc. will post -0.1 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the company. Cantor Fitzgerald reaffirmed an "overweight" rating and issued a $340.00 price target on shares of Zscaler in a report on Wednesday, September 3rd. Robert W. Baird raised their price target on Zscaler from $330.00 to $345.00 and gave the stock an "outperform" rating in a report on Wednesday, September 3rd. JMP Securities reaffirmed a "market outperform" rating and issued a $355.00 price target on shares of Zscaler in a report on Wednesday, September 3rd. Susquehanna lifted their price objective on Zscaler from $320.00 to $340.00 and gave the company a "positive" rating in a research note on Wednesday, September 3rd. Finally, Guggenheim reissued a "neutral" rating on shares of Zscaler in a research note on Wednesday, September 3rd. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Zscaler has an average rating of "Moderate Buy" and a consensus target price of $307.00.

Insider Activity

In related news, insider Robert Schlossman sold 3,174 shares of the firm's stock in a transaction dated Wednesday, June 18th. The stock was sold at an average price of $305.07, for a total value of $968,292.18. Following the sale, the insider directly 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 Securities & Exchange Commission, which is available through this link. Also, insider Adam Geller sold 3,662 shares of the firm's stock in a transaction dated Wednesday, June 18th. The stock was sold at an average price of $306.72, for a total value of $1,123,208.64. Following the completion of the sale, the insider directly owned 46,813 shares in the company, valued at $14,358,483.36. The trade was a 7.26% decrease in their ownership of the stock. The disclosure for this sale can be found here. 18.10% of the stock is owned by company insiders.

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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