Zscaler, Inc. $ZS Shares Acquired by Amundi

Amundi increased its holdings in shares of Zscaler, Inc. (NASDAQ:ZS - Free Report) by 12.8% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,137,837 shares of the company's stock after purchasing an additional 129,563 shares during the quarter. Amundi owned 0.70% of Zscaler worth $160,606,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of ZS. California State Teachers Retirement System increased its position in shares of Zscaler by 13,837.9% during the second quarter. California State Teachers Retirement System now owns 19,388,787 shares of the company's stock valued at $2,736,727,000 after acquiring an additional 19,249,679 shares during the last quarter. BlackRock Inc. acquired a new position in shares of Zscaler in the 2nd quarter worth approximately $1,396,028,000. First Trust Advisors LP lifted its holdings in shares of Zscaler by 36.2% in the 1st quarter. First Trust Advisors LP now owns 3,518,678 shares of the company's stock worth $493,635,000 after acquiring an additional 935,781 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its holdings in shares of Zscaler by 43.3% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 2,572,358 shares of the company's stock worth $578,576,000 after acquiring an additional 777,414 shares during the last quarter. Finally, AQR Capital Management LLC boosted its position in shares of Zscaler by 61.8% during the 3rd quarter. AQR Capital Management LLC now owns 1,941,571 shares of the company's stock worth $576,083,000 after purchasing an additional 741,756 shares during the period. 46.45% of the stock is owned by institutional investors and hedge funds.

More Zscaler News

Here are the key news stories impacting Zscaler this week:

• Positive Sentiment: Zscaler reported fiscal fourth-quarter revenue of $898.2 million, up 25% year over year, while annual recurring revenue also rose 25% to $3.771 billion. The results exceeded consensus expectations and support the company’s ongoing demand for cloud-security services. Zscaler Reported Revenue and ARR Growth While Planning Workforce Reduction
• Positive Sentiment: Z-Flex generated more than $1.7 billion in fiscal 2026 total contract value and helped lift customer ARR nearly 30%, suggesting flexible contracting could accelerate adoption of Zscaler’s broader security platform. Zscaler's Z-Flex Surges
• Neutral Sentiment: Zscaler became one of the most-searched stocks on Zacks, indicating heightened investor attention following its earnings report but not necessarily a change in the company’s fundamentals. Investors Heavily Search Zscaler
• Negative Sentiment: The company’s planned workforce reduction raised concerns that management expects slower growth or is prioritizing cost controls. Investors are also focused on an analyst warning about a potential $640 million issue, adding to scrutiny of Zscaler’s financial outlook. Zscaler: The $640M Hidden Warning
• Negative Sentiment: A post-earnings comparison concluded that Palo Alto Networks showed faster growth and stronger free cash flow, potentially making it more attractive than Zscaler despite both companies beating estimates. Palo Alto vs. Zscaler

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on ZS shares. JPMorgan Chase & Co. lifted their target price on shares of Zscaler from $205.00 to $215.00 and gave the company an "overweight" rating in a report on Wednesday, August 26th. Truist Financial set a $210.00 target price on Zscaler in a research report on Wednesday, May 27th. Robert W. Baird boosted their price target on shares of Zscaler from $220.00 to $230.00 and gave the stock an "outperform" rating in a research note on Friday, September 4th. Morgan Stanley boosted their price target on shares of Zscaler from $145.00 to $165.00 and gave the stock an "equal weight" rating in a research note on Friday. Finally, Piper Sandler increased their price target on shares of Zscaler from $160.00 to $175.00 and gave the stock a "neutral" rating in a research report on Friday. Thirty-four analysts have rated the stock with a Buy rating, six have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, Zscaler presently has an average rating of "Moderate Buy" and an average target price of $216.65.

Insider Activity

In other news, CFO Kevin Rubin sold 503 shares of Zscaler stock in a transaction on Tuesday, August 25th. The shares were sold at an average price of $173.38, for a total transaction of $87,210.14. Following the completion of the sale, the chief financial officer directly owned 40,895 shares of the company's stock, valued at approximately $7,090,375.10. The trade was a 1.22% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Robert Schlossman sold 3,146 shares of the business's stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $126.43, for a total transaction of $397,748.78. Following the transaction, the insider owned 69,366 shares of the company's stock, valued at approximately $8,769,943.38. The trade was a 4.34% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 16,772 shares of company stock valued at $2,139,799 over the last quarter. Company insiders own 17.20% of the company's stock.

Zscaler Price Performance

ZS stock opened at $161.94 on Wednesday. The business's 50-day moving average is $162.32 and its two-hundred day moving average is $150.25. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.70 and a quick ratio of 1.70. The firm has a market capitalization of $26.40 billion, a P/E ratio of -415.23, a P/E/G ratio of 99.94 and a beta of 0.95. Zscaler, Inc. has a 1 year low of $114.63 and a 1 year high of $336.99.

Zscaler (NASDAQ:ZS - Get Free Report) last announced its quarterly earnings data on Thursday, September 3rd. The company reported $1.19 EPS for the quarter, topping analysts' consensus estimates of $1.09 by $0.10. Zscaler had a positive return on equity of 1.23% and a negative net margin of 1.88%.The business had revenue of $898.19 million during the quarter, compared to the consensus estimate of $876.96 million. During the same period in the previous year, the company posted $0.89 earnings per share. The business's revenue for the quarter was up 24.9% on a year-over-year basis. Zscaler has set its FY 2027 guidance at 4.860-4.900 EPS and its Q1 2027 guidance at 1.150-1.160 EPS. Analysts anticipate that Zscaler, Inc. will post 0.13 earnings per share for the current fiscal year.

Zscaler Profile

Zscaler is a cloud security company that delivers a cloud-native platform to protect users, applications and data as organizations move away from traditional, network-centric security architectures. The company focuses on a zero trust approach that assumes no implicit trust for users or devices, providing secure access to the internet, SaaS applications and private applications regardless of where users are located. Zscaler positions its services as an alternative to legacy appliances and site-centric VPNs, aiming to simplify security while enabling modern, distributed workforces.

Key offerings are built around the Zscaler Zero Trust Exchange, a multi-tenant cloud platform that enforces security and access policies in-line.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.