Focus Partners Advisor Solutions LLC Has $555,000 Holdings in Zscaler, Inc. $ZS

Key Points

• Focus Partners Advisor Solutions LLC increased its stake in Zscaler, Inc. by 119% in Q1, owning 2,795 shares worth around $555,000.
• Zscaler reported Q1 earnings of $0.89 per share, surpassing estimates of $0.80, with revenue up 21.3% year-over-year.
• Several analysts have updated their target prices for Zscaler, with Stifel Nicolaus raising their price target to $330, while UBS lowered it to $350.

Focus Partners Advisor Solutions LLC increased its holdings in shares of Zscaler, Inc. (NASDAQ:ZS - Free Report) by 119.0% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,795 shares of the company's stock after acquiring an additional 1,519 shares during the period. Focus Partners Advisor Solutions LLC's holdings in Zscaler were worth $555,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. ORG Partners LLC boosted its position in Zscaler by 284.8% in the first quarter. ORG Partners LLC now owns 127 shares of the company's stock valued at $26,000 after buying an additional 94 shares in the last quarter. SVB Wealth LLC acquired a new position in Zscaler in the first quarter valued at about $26,000. Colonial Trust Co SC acquired a new position in Zscaler in the fourth quarter valued at about $28,000. Goodman Advisory Group LLC acquired a new position in Zscaler in the first quarter valued at about $29,000. Finally, N.E.W. Advisory Services LLC acquired a new position in Zscaler in the first quarter valued at about $29,000. 46.45% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Zscaler

In other Zscaler news, insider Syam Nair sold 4,064 shares of the company's stock in a transaction that occurred on Tuesday, June 17th. The shares were sold at an average price of $303.70, for a total value of $1,234,236.80. Following the completion of the sale, the insider owned 106,659 shares of the company's stock, valued at approximately $32,392,338.30. This represents a 3.67% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Adam Geller sold 3,662 shares of the company's stock in a transaction that occurred on Wednesday, June 18th. The shares were sold at an average price of $306.72, for a total transaction of $1,123,208.64. Following the completion of the sale, the insider directly owned 46,813 shares of the company's stock, valued at $14,358,483.36. The trade was a 7.26% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 143,305 shares of company stock valued at $43,199,936 over the last 90 days. Company insiders own 18.10% of the company's stock.

Zscaler Price Performance

Shares of ZS stock traded up $5.95 during trading hours on Friday, reaching $274.20. 1,620,011 shares of the company were exchanged, compared to its average volume of 1,601,265. The stock's fifty day moving average is $285.29 and its two-hundred day moving average is $251.14. Zscaler, Inc. has a fifty-two week low of $153.45 and a fifty-two week high of $318.46.

Zscaler (NASDAQ:ZS - Get Free Report) last posted its quarterly earnings results on Tuesday, September 2nd. The company reported $0.89 earnings per share for the quarter, topping analysts' consensus estimates of $0.80 by $0.09. The business had revenue of $719.23 million during the quarter, compared to the consensus estimate of $707.15 million. Zscaler had a negative net margin of 1.55% and a negative return on equity of 0.49%. Zscaler's revenue for the quarter was up 21.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $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 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms have commented on ZS. JPMorgan Chase & Co. boosted their price target on shares of Zscaler from $348.00 to $351.00 and gave the company an "overweight" rating in a research report on Wednesday. Scotiabank reduced their price target on shares of Zscaler from $360.00 to $334.00 and set a "sector outperform" rating on the stock in a research report on Wednesday. Wall Street Zen upgraded shares of Zscaler from a "hold" rating to a "buy" rating in a research report on Sunday. Loop Capital upped their target price on shares of Zscaler from $250.00 to $260.00 and gave the stock a "hold" rating in a research report on Friday, May 30th. Finally, UBS Group reduced their target price on shares of Zscaler from $365.00 to $350.00 and set a "buy" rating on the stock in a research report on Wednesday. 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 given a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $307.00.

About Zscaler

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.