Alberta Investment Management Corp Purchases Shares of 32,800 Zscaler, Inc. $ZS

Alberta Investment Management Corp purchased a new stake in Zscaler, Inc. (NASDAQ:ZS) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 32,800 shares of the company’s stock, valued at approximately $7,377,000.

Other large investors also recently bought and sold shares of the company. Vanguard Group Inc. lifted its position in shares of Zscaler by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 11,423,424 shares of the company’s stock valued at $2,569,357,000 after buying an additional 55,521 shares in the last quarter. Groupama Asset Managment lifted its position in shares of Zscaler by 76,352.6% during the 3rd quarter. Groupama Asset Managment now owns 4,750,000 shares of the company’s stock valued at $1,423,385,000 after buying an additional 4,743,787 shares in the last quarter. First Trust Advisors LP lifted its position in shares of Zscaler by 15.9% during the 4th quarter. First Trust Advisors LP now owns 2,582,897 shares of the company’s stock valued at $580,945,000 after buying an additional 354,763 shares in the last quarter. State Street Corp lifted its position in shares of Zscaler by 3.4% during the 4th quarter. State Street Corp now owns 2,337,604 shares of the company’s stock valued at $525,774,000 after buying an additional 77,800 shares in the last quarter. Finally, Geode Capital Management LLC lifted its position in shares of Zscaler by 5.0% during the 4th quarter. Geode Capital Management LLC now owns 2,069,630 shares of the company’s stock valued at $464,783,000 after buying an additional 98,140 shares in the last quarter. 46.45% of the stock is owned by institutional investors and hedge funds.

Zscaler News Summary

Here are the key news stories impacting Zscaler this week:

• Positive Sentiment: Zscaler announced the next phase of Project AI-Guardian, expanding the initiative to include major technology alliance partners and deepen interoperability across the Zero Trust Exchange. That suggests broader ecosystem adoption and stronger long-term platform value. Zscaler (ZS) Adds Major Tech Partners to Project AI-Guardian
• Positive Sentiment: Gigamon partnered with Zscaler to deliver deeper observability for Zero Trust Private Access, adding application-level visibility that can help customers detect lateral movement and speed investigations. This supports Zscaler’s enterprise security positioning and could help sales momentum. Gigamon Partners with Zscaler to Deliver Deep Observability to Zero Trust Private Access
• Positive Sentiment: Analyst commentary remained favorable, with Robert W. Baird reiterating a Buy rating and a $230 price target, implying substantial upside from current levels and reinforcing the stock’s rebound potential. Short Sellers May Regret Shorting ZScaler (ZS) As One Analyst Points To 79% Upside
• Neutral Sentiment: Zscaler’s Vienna Zenith Live keynote and related podcast appearances highlighted its “agentic security” and AI-governance messaging, which helps keep the company in the enterprise AI security conversation but is less likely to move the stock on its own. Day 1 Keynote Video at Zenith Live ’26: When the tools become the workforce – inside Zscaler’s agentic security pitch in Vienna
• Negative Sentiment: Pomerantz LLP said it is investigating claims on behalf of Zscaler investors, which can create legal overhang and pressure shares even before any formal lawsuit is filed. INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Zscaler, Inc. – ZS

Zscaler Stock Down 2.4%

NASDAQ ZS opened at $127.23 on Wednesday. The business has a fifty day moving average price of $142.16 and a 200 day moving average price of $175.11. Zscaler, Inc. has a one year low of $114.63 and a one year high of $336.99. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.86 and a current ratio of 1.86. The company has a market cap of $20.57 billion, a P/E ratio of -265.06, a P/E/G ratio of 81.54 and a beta of 0.97.

Zscaler (NASDAQ:ZS) last posted its quarterly earnings data on Tuesday, May 26th. The company reported $1.08 EPS for the quarter, beating the consensus estimate of $1.01 by $0.07. Zscaler had a negative return on equity of 0.37% and a negative net margin of 2.44%.The firm had revenue of $850.48 million during the quarter, compared to the consensus estimate of $835.14 million. During the same period in the prior year, the company earned $0.84 EPS. The firm’s revenue was up 25.4% compared to the same quarter last year. Zscaler has set its Q4 2026 guidance at 1.080-1.090 EPS and its FY 2026 guidance at 4.100-4.110 EPS. Research analysts anticipate that Zscaler, Inc. will post 0.11 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on ZS shares. Citigroup reiterated a “market outperform” rating on shares of Zscaler in a research report on Wednesday, May 27th. Rosenblatt Securities reiterated a “buy” rating and set a $200.00 target price on shares of Zscaler in a research report on Wednesday, June 10th. TD Cowen reiterated a “buy” rating on shares of Zscaler in a research report on Wednesday, May 27th. BMO Capital Markets decreased their target price on Zscaler from $210.00 to $178.00 and set an “outperform” rating on the stock in a research report on Wednesday, May 27th. Finally, Guggenheim reiterated a “buy” rating and set a $214.00 target price on shares of Zscaler in a research report on Wednesday, June 10th. Thirty-four investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $214.33.

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.