Zscaler, Inc. $ZS Shares Sold by Ilmarinen Mutual Pension Insurance Co

Key Points

• Ilmarinen Mutual Pension Insurance Co reduced its stake in Zscaler, Inc. by 75% in the first quarter, selling 45,000 shares and now holding 15,000 shares worth approximately $2.98 million.
• Several institutional investors have recently bought or increased their positions in Zscaler, with Captrust Financial Advisors boosting its stake by 65.6% in the fourth quarter.
• Zscaler reported earnings of $0.89 per share for the quarter, exceeding expectations, and set FY 2026 guidance for earnings per share between 3.640 and 3.680.

Ilmarinen Mutual Pension Insurance Co cut its holdings in Zscaler, Inc. (NASDAQ:ZS - Free Report) by 75.0% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 15,000 shares of the company's stock after selling 45,000 shares during the period. Ilmarinen Mutual Pension Insurance Co's holdings in Zscaler were worth $2,976,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Schonfeld Strategic Advisors LLC acquired a new position in Zscaler during the 4th quarter valued at approximately $226,000. Captrust Financial Advisors boosted its stake in Zscaler by 65.6% during the 4th quarter. Captrust Financial Advisors now owns 8,320 shares of the company's stock valued at $1,501,000 after purchasing an additional 3,296 shares during the period. Ethic Inc. grew its position in Zscaler by 5.3% in the 4th quarter. Ethic Inc. now owns 4,141 shares of the company's stock worth $747,000 after purchasing an additional 207 shares during the last quarter. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of Zscaler by 102.5% in the fourth quarter. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 8,100 shares of the company's stock valued at $1,461,000 after purchasing an additional 4,100 shares during the period. Finally, Occudo Quantitative Strategies LP bought a new stake in shares of Zscaler during the fourth quarter valued at approximately $666,000. Institutional investors and hedge funds own 46.45% of the company's stock.

Insider Buying and Selling

In other news, insider Syam Nair sold 4,064 shares of the stock in a transaction on Tuesday, June 17th. The stock was sold at an average price of $303.70, for a total transaction of $1,234,236.80. Following the completion of the sale, the insider owned 106,659 shares in the company, valued at approximately $32,392,338.30. This represents a 3.67% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, 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 value of $1,090,283.00. Following the sale, the insider directly owned 92,144 shares in the company, valued at $27,984,132.80. This trade represents a 3.75% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 23,305 shares of company stock valued at $7,093,136 in the last three months. Insiders own 18.10% of the company's stock.

Zscaler Trading Down 1.2%

Shares of NASDAQ ZS opened at $278.79 on Thursday. Zscaler, Inc. has a twelve month low of $154.66 and a twelve month high of $318.46. The company has a market capitalization of $43.41 billion, a price-to-earnings ratio of -1,032.56 and a beta of 1.05. The firm has a 50-day moving average of $283.54 and a two-hundred day moving average of $252.42.

Zscaler (NASDAQ:ZS - Get Free Report) last announced its quarterly earnings data 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. Zscaler had a negative net margin of 1.55% and a negative return on equity of 0.49%. The company had revenue of $719.23 million for the quarter, compared to analysts' expectations of $707.15 million. During the same quarter in the previous year, the company posted $0.88 EPS. The business's revenue was up 21.3% compared to the same quarter last year. 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, research analysts predict that Zscaler, Inc. will post -0.1 earnings per share for the current year.

Wall Street Analysts Forecast Growth

ZS has been the subject of a number of recent analyst reports. FBN Securities raised Zscaler to a "strong-buy" rating in a report on Friday, May 30th. Canaccord Genuity Group raised their price target on Zscaler from $320.00 to $340.00 and gave the company a "buy" rating in a report on Thursday, September 4th. Truist Financial restated a "buy" rating and set a $300.00 price objective (up from $260.00) on shares of Zscaler in a research note on Friday, May 30th. Wedbush reiterated an "outperform" rating and issued a $330.00 target price on shares of Zscaler in a research report on Wednesday, September 3rd. Finally, Mizuho raised their target price on shares of Zscaler from $275.00 to $290.00 and gave the company a "neutral" rating in a research note on Wednesday, June 4th. One research 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 stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price 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.

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