Zscaler, Inc. $ZS Shares Purchased by Cwm LLC

Cwm LLC boosted its position in Zscaler, Inc. (NASDAQ:ZS) by 128.4% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 56,146 shares of the company’s stock after buying an additional 31,564 shares during the period. Cwm LLC’s holdings in Zscaler were worth $16,825,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. Federated Hermes Inc. boosted its holdings in shares of Zscaler by 314.0% in the second quarter. Federated Hermes Inc. now owns 1,171,983 shares of the company’s stock valued at $367,932,000 after acquiring an additional 888,888 shares in the last quarter. Vanguard Group Inc. lifted its position in Zscaler by 8.3% in the second quarter. Vanguard Group Inc. now owns 10,715,132 shares of the company’s stock valued at $3,363,909,000 after purchasing an additional 824,626 shares during the period. Woodline Partners LP purchased a new stake in Zscaler in the 1st quarter valued at approximately $70,340,000. Skandinaviska Enskilda Banken AB publ increased its position in Zscaler by 167.7% during the 2nd quarter. Skandinaviska Enskilda Banken AB publ now owns 421,393 shares of the company’s stock worth $132,250,000 after purchasing an additional 263,982 shares during the period. Finally, 1832 Asset Management L.P. raised its stake in shares of Zscaler by 131.4% during the 2nd quarter. 1832 Asset Management L.P. now owns 461,800 shares of the company’s stock worth $144,977,000 after buying an additional 262,200 shares in the last quarter. Hedge funds and other institutional investors own 46.45% of the company’s stock.

Zscaler Stock Performance

NASDAQ:ZS opened at $230.52 on Friday. The company has a current ratio of 1.82, a quick ratio of 1.82 and a debt-to-equity ratio of 0.86. The company has a market capitalization of $36.76 billion, a P/E ratio of -886.58, a price-to-earnings-growth ratio of 4,420.27 and a beta of 1.07. The firm has a 50-day moving average price of $277.86 and a two-hundred day moving average price of $286.76. Zscaler, Inc. has a twelve month low of $164.78 and a twelve month high of $336.99.

Zscaler (NASDAQ:ZS) last released its quarterly earnings results on Tuesday, November 25th. The company reported $0.96 EPS for the quarter, beating the consensus estimate of $0.85 by $0.11. Zscaler had a negative net margin of 1.45% and a negative return on equity of 0.12%. The business had revenue of $788.11 million for the quarter, compared to analyst estimates of $773.86 million. During the same period in the prior year, the business earned $0.77 earnings per share. The company’s quarterly revenue was up 25.5% on a year-over-year basis. Zscaler has set its FY 2026 guidance at 3.780-3.820 EPS and its Q2 2026 guidance at 0.890-0.900 EPS. As a group, research analysts expect that Zscaler, Inc. will post -0.1 earnings per share for the current fiscal year.

Analysts Set New Price Targets

ZS has been the topic of a number of analyst reports. Citizens Jmp restated a “market outperform” rating and issued a $355.00 price target on shares of Zscaler in a research note on Wednesday, November 26th. Stifel Nicolaus reduced their target price on Zscaler from $330.00 to $320.00 and set a “buy” rating for the company in a report on Wednesday, November 26th. Berenberg Bank lowered their price target on shares of Zscaler from $400.00 to $390.00 and set a “buy” rating on the stock in a research note on Friday, November 28th. Royal Bank Of Canada raised their price objective on shares of Zscaler from $350.00 to $366.00 and gave the company an “outperform” rating in a research note on Wednesday, November 12th. Finally, Guggenheim reissued a “neutral” rating on shares of Zscaler in a report on Wednesday, September 3rd. One analyst has rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Zscaler has a consensus rating of “Moderate Buy” and a consensus price target of $322.66.

Insider Activity at Zscaler

In other news, EVP Raj Judge sold 3,438 shares of the business’s stock in a transaction on Tuesday, December 16th. The stock was sold at an average price of $230.82, for a total value of $793,559.16. Following the completion of the transaction, the executive vice president directly owned 70,394 shares of the company’s stock, valued at $16,248,343.08. The trade was a 4.66% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CFO Kevin Rubin sold 3,303 shares of the stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of $230.82, for a total value of $762,398.46. Following the sale, the chief financial officer directly owned 48,161 shares in the company, valued at approximately $11,116,522.02. The trade was a 6.42% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 28,903 shares of company stock valued at $7,504,284 in the last ninety days. 17.20% of the stock is owned by insiders.

About Zscaler

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.