Insight Holdings Group LLC Raises Holdings in Zscaler, Inc. $ZS

Key Points

• Insight Holdings Group LLC increased its stake in Zscaler, Inc. (NASDAQ:ZS) by 56.0% in the 1st quarter, owning 19,500 shares valued at $3.87 million.
• Zscaler reported earnings of $0.89 per share on revenue of $719.23 million, surpassing expectations for both metrics during the most recent quarter.
• Analysts have given Zscaler an average price target of $307.00, with one analyst rating it as a strong buy and 29 others issuing buy ratings.

Insight Holdings Group LLC lifted its stake in Zscaler, Inc. (NASDAQ:ZS - Free Report) by 56.0% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 19,500 shares of the company's stock after buying an additional 7,000 shares during the quarter. Zscaler comprises 0.3% of Insight Holdings Group LLC's portfolio, making the stock its 20th biggest holding. Insight Holdings Group LLC's holdings in Zscaler were worth $3,869,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. raised its stake in Zscaler by 3.1% during the 1st quarter. Vanguard Group Inc. now owns 9,890,506 shares of the company's stock valued at $1,962,474,000 after purchasing an additional 294,034 shares during the period. 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 valued at $604,831,000 after purchasing an additional 578,883 shares during the period. T. Rowe Price Investment Management Inc. bought a new stake in Zscaler during the 1st quarter valued at approximately $516,622,000. AQR Capital Management LLC raised its stake in Zscaler by 23.6% during the 1st quarter. AQR Capital Management LLC now owns 1,191,930 shares of the company's stock valued at $234,715,000 after purchasing an additional 227,899 shares during the period. Finally, Nuveen LLC bought a new stake in Zscaler during the 1st quarter valued at approximately $153,340,000. Institutional investors own 46.45% of the company's stock.

Insider Transactions at Zscaler

In related news, insider Robert Schlossman sold 3,590 shares of the business's stock in a transaction on Tuesday, June 17th. The stock was sold at an average price of $303.70, for a total transaction of $1,090,283.00. Following the completion of the transaction, the insider owned 92,144 shares in the company, valued at $27,984,132.80. The trade was a 3.75% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Raj Judge sold 2,957 shares of the business's stock in a transaction on Tuesday, June 17th. The shares were sold at an average price of $303.70, for a total value of $898,040.90. Following the transaction, the executive vice president owned 76,289 shares of the company's stock, valued at approximately $23,168,969.30. The trade was a 3.73% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 143,305 shares of company stock worth $43,199,936. 18.10% of the stock is currently owned by corporate insiders.

Zscaler Price Performance

Shares of Zscaler stock traded up $5.95 on Friday, reaching $274.20. The company had a trading volume of 1,620,011 shares, compared to its average volume of 1,601,265. The firm has a market cap of $42.69 billion, a price-to-earnings ratio of -1,015.56 and a beta of 1.05. The firm's 50-day moving average price is $285.29 and its two-hundred day moving average price is $251.44. Zscaler, Inc. has a 1 year low of $153.45 and a 1 year high of $318.46.

Zscaler (NASDAQ:ZS - Get Free Report) last announced 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 firm had revenue of $719.23 million during the quarter, compared to analysts' expectations of $707.15 million. Zscaler had a negative return on equity of 0.49% and a negative net margin of 1.55%.The company's quarterly revenue was up 21.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $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. As a group, analysts anticipate that Zscaler, Inc. will post -0.1 EPS for the current year.

Analyst Ratings Changes

Several analysts recently issued reports on ZS shares. Wall Street Zen raised Zscaler from a "hold" rating to a "buy" rating in a research note on Sunday. Guggenheim restated a "neutral" rating on shares of Zscaler in a report on Wednesday. Susquehanna raised their price target on Zscaler from $320.00 to $340.00 and gave the company a "positive" rating in a report on Wednesday. Barclays raised their price target on Zscaler from $300.00 to $320.00 and gave the company an "overweight" rating in a report on Wednesday. Finally, Zacks Research cut Zscaler from a "hold" rating to a "strong sell" rating in a report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $307.00.

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.