Concurrent Investment Advisors LLC Invests $1.54 Million in Zscaler, Inc. $ZS

Concurrent Investment Advisors LLC acquired a new position in Zscaler, Inc. (NASDAQ:ZS) in the third quarter, Holdings Channel.com reports. The firm acquired 5,143 shares of the company’s stock, valued at approximately $1,541,000.

A number of other hedge funds have also recently modified their holdings of the company. Tradewinds Capital Management LLC lifted its position in shares of Zscaler by 145.7% in the 3rd quarter. Tradewinds Capital Management LLC now owns 86 shares of the company’s stock worth $26,000 after purchasing an additional 51 shares during the period. McIlrath & Eck LLC purchased a new position in shares of Zscaler during the 3rd quarter valued at $29,000. Quaker Wealth Management LLC boosted its stake in shares of Zscaler by 200.0% in the second quarter. Quaker Wealth Management LLC now owns 97 shares of the company’s stock worth $30,000 after acquiring an additional 194 shares during the period. Exane Asset Management grew its position in shares of Zscaler by 185.7% during the second quarter. Exane Asset Management now owns 100 shares of the company’s stock worth $31,000 after purchasing an additional 65 shares in the last quarter. Finally, Kozak & Associates Inc. bought a new stake in Zscaler during the 2nd quarter valued at approximately $35,000. Hedge funds and other institutional investors own 46.45% of the company’s stock.

Insider Activity at Zscaler

In other Zscaler news, CFO Kevin Rubin sold 3,303 shares of Zscaler stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $230.82, for a total transaction of $762,398.46. Following the sale, the chief financial officer directly owned 48,161 shares in the company, valued at $11,116,522.02. The trade was a 6.42% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Robert Schlossman sold 2,349 shares of the company’s stock in a transaction that occurred on Wednesday, December 17th. The shares were sold at an average price of $232.79, for a total value of $546,823.71. Following the sale, the insider owned 74,653 shares in the company, valued at $17,378,471.87. The trade was a 3.05% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 22,550 shares of company stock valued at $5,511,509 over the last quarter. Company insiders own 17.20% of the company’s stock.

Zscaler Stock Performance

NASDAQ:ZS opened at $213.98 on Friday. The firm’s fifty day simple moving average is $247.65 and its 200-day simple moving average is $277.88. The stock has a market cap of $34.12 billion, a PE ratio of -822.97, a price-to-earnings-growth ratio of 3,461.02 and a beta of 1.02. Zscaler, Inc. has a fifty-two week low of $164.78 and a fifty-two week high of $336.99. The company has a quick ratio of 1.82, a current ratio of 1.82 and a debt-to-equity ratio of 0.86.

Zscaler (NASDAQ:ZS) last issued its quarterly earnings data on Tuesday, November 25th. The company reported $0.96 EPS for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $788.11 million for the quarter, compared to analysts’ expectations of $773.86 million. During the same period in the prior year, the company earned $0.77 EPS. The firm’s 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. Analysts expect that Zscaler, Inc. will post -0.1 earnings per share for the current fiscal year.

Key Stories Impacting Zscaler

Here are the key news stories impacting Zscaler this week:

• Positive Sentiment: KeyCorp reiterated an Overweight view and published detailed FY2026–FY2027 EPS forecasts (Q2–Q4 cadence and FY targets), supporting a higher-valuation thesis and giving investors modeled upside. What is KeyCorp’s Forecast for Zscaler Q1 Earnings?
• Positive Sentiment: Seeking Alpha reports that Zscaler’s growth path is “clearer and stronger”: GTM improvements, platform deals, Z-Flex customer consolidation, and AI & Data Security are now material growth engines (AI security >80% y/y; Data Security ARR ~ $450M) — a narrative that supports re-rating if execution continues. Zscaler: Growth Path Ahead Has Gotten Clearer And Stronger
• Neutral Sentiment: Zacks highlights heightened investor interest in ZS and outlines key facts investors are watching — a sign that stock moves may be driven partly by attention/flows as well as fundamentals. Zscaler, Inc. (ZS) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: Analysis comparing Zscaler to Netskope frames this as a strategic AI-cybersecurity battle; such comparisons underline competitive risk but also validate market opportunity — important context for investors evaluating relative positioning. Zscaler Vs. Netskope: The Battle For The AI Cybersecurity Edge
• Negative Sentiment: Citigroup trimmed its price target to $305, which could cap near-term upside and introduce headwinds if investors re-price growth expectations versus peers. Citigroup Lowers Zscaler (NASDAQ:ZS) Price Target to $305.00
• Negative Sentiment: A Seeking Alpha piece with a “wouldn’t pull the trigger just yet” stance (despite a rating upgrade) injects caution — flagging valuation, timing, or execution risks that may make some investors hesitant to add here. Zscaler: I Wouldn’t Pull The Trigger Just Yet (Rating Upgrade)
• Negative Sentiment: A Zacks note on a recent intraday dip explains price sensitivity to earnings/guide cadence and broader market moves — a reminder that volatility remains a factor for ZS. Why Zscaler (ZS) Dipped More Than Broader Market Today

Analysts Set New Price Targets

A number of research firms recently issued reports on ZS. HC Wainwright restated a “buy” rating on shares of Zscaler in a report on Wednesday, November 26th. Scotiabank dropped their price target on Zscaler from $334.00 to $320.00 and set a “sector outperform” rating on the stock in a research note on Wednesday, November 26th. Stifel Nicolaus cut their price objective on shares of Zscaler from $330.00 to $320.00 and set a “buy” rating for the company in a report on Wednesday, November 26th. Robert W. Baird boosted their price target on shares of Zscaler from $350.00 to $360.00 and gave the company an “outperform” rating in a research report on Wednesday, November 26th. Finally, Piper Sandler decreased their price objective on shares of Zscaler from $280.00 to $260.00 and set a “neutral” rating on the stock in a report on Monday, January 5th. One analyst has rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $317.63.

Zscaler Company Profile

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.