NEOS Investment Management LLC Increases Stock Holdings in Zscaler, Inc. $ZS

NEOS Investment Management LLC grew its holdings in shares of Zscaler, Inc. (NASDAQ:ZS) by 78.5% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 46,417 shares of the company’s stock after purchasing an additional 20,416 shares during the period. NEOS Investment Management LLC’s holdings in Zscaler were worth $13,909,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Bessemer Group Inc. lifted its holdings in Zscaler by 3.2% during the 3rd quarter. Bessemer Group Inc. now owns 1,021 shares of the company’s stock worth $306,000 after buying an additional 32 shares in the last quarter. Cox Capital Mgt LLC grew its stake in shares of Zscaler by 0.6% in the third quarter. Cox Capital Mgt LLC now owns 5,576 shares of the company’s stock worth $1,671,000 after acquiring an additional 33 shares in the last quarter. Brookstone Capital Management increased its position in shares of Zscaler by 3.7% during the third quarter. Brookstone Capital Management now owns 936 shares of the company’s stock worth $280,000 after acquiring an additional 33 shares during the period. Wedbush Securities Inc. raised its stake in shares of Zscaler by 0.7% in the third quarter. Wedbush Securities Inc. now owns 5,129 shares of the company’s stock valued at $1,537,000 after acquiring an additional 34 shares in the last quarter. Finally, 180 Wealth Advisors LLC raised its stake in shares of Zscaler by 0.5% in the third quarter. 180 Wealth Advisors LLC now owns 7,897 shares of the company’s stock valued at $2,366,000 after acquiring an additional 36 shares in the last quarter. Institutional investors and hedge funds own 46.45% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently commented on ZS. Citizens Jmp reissued a “market outperform” rating and set a $355.00 target price on shares of Zscaler in a research note on Wednesday, November 26th. Loop Capital set a $320.00 price objective on Zscaler in a research report on Thursday, December 11th. HC Wainwright restated a “buy” rating on shares of Zscaler in a research note on Wednesday, November 26th. Stifel Nicolaus reduced their target price on shares of Zscaler from $330.00 to $320.00 and set a “buy” rating on the stock in a report on Wednesday, November 26th. Finally, Capital One Financial set a $320.00 price target on shares of Zscaler and gave the stock an “overweight” rating in a report on Wednesday, November 26th. One analyst has rated the stock with a Strong Buy rating, thirty-three 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 currently has an average rating of “Moderate Buy” and a consensus price target of $310.65.

Insider Buying and Selling

In other news, insider Adam Geller sold 1,620 shares of Zscaler stock in a transaction on Wednesday, December 17th. The shares were sold at an average price of $232.79, for a total value of $377,119.80. Following the transaction, the insider directly owned 50,528 shares of the company’s stock, valued at $11,762,413.12. The trade was a 3.11% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Jagtar Singh Chaudhry sold 2,843 shares of the company’s stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of $230.82, for a total transaction of $656,221.26. Following the completion of the sale, the chief executive officer owned 347,857 shares of the company’s stock, valued at approximately $80,292,352.74. This trade represents a 0.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 19,350 shares of company stock valued at $4,471,509 in the last 90 days. Company insiders own 17.20% of the company’s stock.

Zscaler Stock Performance

NASDAQ ZS opened at $172.59 on Wednesday. The company has a fifty day moving average of $211.15 and a two-hundred day moving average of $261.66. The company has a market capitalization of $27.52 billion, a PE ratio of -663.78, a P/E/G ratio of 362.29 and a beta of 1.02. Zscaler, Inc. has a 1 year low of $162.87 and a 1 year high of $336.99. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.82 and a quick ratio of 1.82.

Zscaler (NASDAQ:ZS) last posted its earnings results on Tuesday, November 25th. The company reported $0.96 earnings per share for the quarter, beating the consensus estimate of $0.85 by $0.11. The business had revenue of $788.11 million during the quarter, compared to the consensus estimate of $773.86 million. Zscaler had a negative return on equity of 0.12% and a negative net margin of 1.45%.The business’s quarterly revenue was up 25.5% on a year-over-year basis. During the same period in the previous year, the business earned $0.77 EPS. 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, analysts expect that Zscaler, Inc. will post -0.1 earnings per share for the current year.

Zscaler 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.