Hsbc Holdings PLC lowered its holdings in shares of Zscaler, Inc. (NASDAQ:ZS – Free Report) by 54.2% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 67,161 shares of the company’s stock after selling 79,355 shares during the period. Hsbc Holdings PLC’s holdings in Zscaler were worth $15,156,000 as of its most recent filing with the SEC.
A number of other institutional investors have also recently bought and sold shares of the business. Binnacle Investments Inc acquired a new stake in shares of Zscaler in the third quarter valued at approximately $25,000. AlphaCentric Advisors LLC acquired a new position in shares of Zscaler during the 4th quarter worth approximately $29,000. Picton Mahoney Asset Management bought a new stake in Zscaler in the 3rd quarter valued at $30,000. University of Texas Texas AM Investment Management Co. acquired a new stake in Zscaler during the 4th quarter valued at $30,000. Finally, Mcguire Capital Advisors Inc. acquired a new stake in Zscaler during the 4th quarter valued at $32,000. Institutional investors and hedge funds own 46.45% of the company’s stock.
More Zscaler News
Here are the key news stories impacting Zscaler this week:
- Positive Sentiment: Zscaler announced a new multi-year partnership with Aston Martin Aramco Formula One Team, extending its cybersecurity platform into a high-profile global brand and potentially boosting visibility for its Zero Trust products. Racing Innovation Meets Zero Trust: Aston Martin Aramco Formula One™ Team and Zscaler Redefine Speed and Security
- Positive Sentiment: CEO Jay Chaudhry’s comments that AI is accelerating cybersecurity bug detection and creating a major opportunity in the sector reinforce the growth narrative around Zscaler’s AI-driven security platform. Zscaler CEO Jay Chaudhry says AI accelerates cybersecurity bug detection
- Positive Sentiment: Coverage around Zscaler’s Project AI-Guardian expansion suggests the company is broadening its enterprise AI security ecosystem, which could support longer-term demand and bookings. Zscaler (ZS) Expands Project AI-Guardian to Provide Unified Security for Enterprise AI Ecosystems
- Neutral Sentiment: Commentary that Zscaler was up modestly since its last earnings report mainly reflects post-earnings trading and analyst estimate changes rather than a new operational catalyst. Why Is Zscaler (ZS) Up 0.7% Since Last Earnings Report?
- Neutral Sentiment: Short-interest data showed essentially no shares reported short, which does not appear to be a meaningful new driver for the stock. Short Interest Update
- Negative Sentiment: Pomerantz LLP said it is investigating claims on behalf of Zscaler investors, adding a potential legal overhang that can pressure shares. INVESTOR ALERT: Pomerantz Law Firm Investigates Claim On Behalf of Investors of Zscaler, Inc. – ZS
- Negative Sentiment: Insider selling by Adam Geller, while done under a pre-arranged 10b5-1 plan, may still weigh on sentiment around Zscaler stock. Zscaler (NASDAQ:ZS) Insider Sells $345,364.20 in Stock
Insider Buying and Selling
Zscaler Trading Down 2.7%
Shares of ZS stock opened at $123.80 on Friday. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.72. The stock has a market cap of $20.02 billion, a P/E ratio of -257.91, a price-to-earnings-growth ratio of 79.57 and a beta of 0.97. The stock has a 50 day simple moving average of $141.56 and a 200 day simple moving average of $169.19. Zscaler, Inc. has a 1 year low of $114.63 and a 1 year high of $336.99.
Zscaler (NASDAQ:ZS – Get Free Report) last issued its quarterly earnings results on Tuesday, May 26th. The company reported $1.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.01 by $0.07. The business had revenue of $850.48 million for the quarter, compared to the consensus estimate of $835.14 million. Zscaler had a negative return on equity of 0.37% and a negative net margin of 2.44%.The firm’s quarterly revenue was up 25.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.84 earnings per share. Zscaler has set its Q4 2026 guidance at 1.080-1.090 EPS and its FY 2026 guidance at 4.100-4.110 EPS. On average, research analysts predict that Zscaler, Inc. will post 0.11 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
Several equities analysts have commented on the stock. FBN Securities reiterated an “outperform” rating and issued a $175.00 price objective on shares of Zscaler in a report on Wednesday, May 27th. Citigroup restated a “market outperform” rating on shares of Zscaler in a research note on Wednesday, May 27th. JPMorgan Chase & Co. reduced their target price on shares of Zscaler from $250.00 to $205.00 and set an “overweight” rating for the company in a report on Wednesday, May 27th. Rosenblatt Securities reiterated a “buy” rating and issued a $200.00 price target on shares of Zscaler in a research note on Wednesday, June 10th. Finally, Sanford C. Bernstein decreased their price target on shares of Zscaler from $228.00 to $224.00 and set an “outperform” rating on the stock in a research note on Wednesday, May 27th. Thirty-four investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $213.97.
View Our Latest Stock Report on ZS
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.
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