Zscaler, Inc. $ZS Stake Increased by ASR Vermogensbeheer N.V.

Key Points

• ASR Vermogensbeheer N.V. has increased its stake in Zscaler, Inc. by 63.9%, now holding 5,469 shares valued at approximately $1.7 million.
• Several hedge funds significantly raised their stakes in Zscaler, with ORG Partners LLC increasing its holdings by 284.8%.
• Zscaler's recent quarterly earnings reported $0.89 EPS, surpassing expectations, with revenue increasing 21.3% year-over-year to $719.23 million.

ASR Vermogensbeheer N.V. increased its stake in Zscaler, Inc. (NASDAQ:ZS - Free Report) by 63.9% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,469 shares of the company's stock after buying an additional 2,133 shares during the period. ASR Vermogensbeheer N.V.'s holdings in Zscaler were worth $1,717,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in ZS. ORG Partners LLC increased its stake in shares of Zscaler by 284.8% in the first quarter. ORG Partners LLC now owns 127 shares of the company's stock worth $26,000 after buying an additional 94 shares during the last quarter. SVB Wealth LLC bought a new stake in shares of Zscaler in the first quarter worth $26,000. Goodman Advisory Group LLC bought a new stake in shares of Zscaler in the first quarter worth $29,000. N.E.W. Advisory Services LLC bought a new stake in shares of Zscaler in the first quarter worth $29,000. Finally, CVA Family Office LLC increased its stake in shares of Zscaler by 120.3% in the first quarter. CVA Family Office LLC now owns 152 shares of the company's stock worth $30,000 after buying an additional 83 shares during the last quarter. Institutional investors own 46.45% of the company's stock.

Analysts Set New Price Targets

ZS has been the subject of a number of research analyst reports. Cantor Fitzgerald restated an "overweight" rating and issued a $340.00 price target on shares of Zscaler in a research note on Wednesday, September 3rd. Robert W. Baird boosted their target price on shares of Zscaler from $330.00 to $345.00 and gave the company an "outperform" rating in a research note on Wednesday, September 3rd. BTIG Research reiterated a "buy" rating on shares of Zscaler in a research note on Thursday, July 10th. Royal Bank Of Canada boosted their target price on shares of Zscaler from $335.00 to $350.00 and gave the company an "outperform" rating in a research note on Thursday. Finally, Guggenheim reiterated a "neutral" rating on shares of Zscaler in a research note on Wednesday, September 3rd. One analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $307.43.

Insider Activity at Zscaler

In related news, insider Robert Schlossman sold 7,006 shares of the company's stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $305.57, for a total value of $2,140,823.42. Following the completion of the sale, the insider owned 76,132 shares of the company's stock, valued at $23,263,655.24. This represents a 8.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Jagtar Singh Chaudhry sold 2,865 shares of the company's stock in a transaction dated Tuesday, September 16th. The stock was sold at an average price of $280.70, for a total transaction of $804,205.50. Following the completion of the sale, the chief executive officer directly owned 350,700 shares of the company's stock, valued at $98,441,490. The trade was a 0.81% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 39,884 shares of company stock worth $11,406,825. 18.10% of the stock is owned by company insiders.

Zscaler Stock Performance

Shares of ZS opened at $305.41 on Friday. Zscaler, Inc. has a 1 year low of $164.78 and a 1 year high of $318.46. The company has a market cap of $48.35 billion, a price-to-earnings ratio of -1,131.15 and a beta of 1.06. The company has a debt-to-equity ratio of 0.95, a quick ratio of 2.01 and a current ratio of 2.01. The firm has a fifty day moving average of $282.18 and a 200-day moving average of $263.97.

Zscaler (NASDAQ:ZS - Get Free Report) last announced its quarterly earnings results on Tuesday, September 2nd. The company reported $0.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.80 by $0.09. The company 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 0.47%. The company's revenue for the quarter was up 21.3% compared to the same quarter last year. During the same quarter in the previous year, the company 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. As a group, equities analysts anticipate that Zscaler, Inc. will post -0.1 earnings per share for the current year.

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.

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