Fjarde AP Fonden Fourth Swedish National Pension Fund Increases Stock Position in Zscaler, Inc. $ZS

Fjarde AP Fonden Fourth Swedish National Pension Fund raised its stake in shares of Zscaler, Inc. (NASDAQ:ZS) by 104.1% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 51,960 shares of the company’s stock after purchasing an additional 26,500 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Zscaler were worth $7,289,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Binnacle Investments Inc bought a new position in Zscaler in the third quarter valued at $25,000. AlphaCentric Advisors LLC bought a new position in shares of Zscaler during the 4th quarter valued at about $29,000. Picton Mahoney Asset Management purchased a new position in shares of Zscaler during the 3rd quarter valued at about $30,000. University of Texas Texas AM Investment Management Co. purchased a new stake in Zscaler in the fourth quarter worth approximately $30,000. Finally, Mcguire Capital Advisors Inc. bought a new position in shares of Zscaler during the 4th quarter valued at $32,000. Hedge funds and other institutional investors own 46.45% of the company’s stock.

Zscaler Price Performance

Shares of ZS stock opened at $147.33 on Monday. 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 $23.82 billion, a P/E ratio of -306.93, a P/E/G ratio of 92.12 and a beta of 0.96. Zscaler, Inc. has a 12 month low of $114.63 and a 12 month high of $336.99. The company has a 50 day simple moving average of $142.26 and a two-hundred day simple moving average of $165.05.

Zscaler (NASDAQ:ZS) last announced its earnings results on Tuesday, May 26th. The company reported $1.08 EPS for the quarter, topping analysts’ consensus estimates of $1.01 by $0.07. The company had revenue of $850.48 million for the quarter, compared to analysts’ expectations of $835.14 million. Zscaler had a negative return on equity of 0.37% and a negative net margin of 2.44%.Zscaler’s revenue for the quarter was up 25.4% compared to the same quarter last year. During the same period last year, the firm earned $0.84 EPS. 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 expect that Zscaler, Inc. will post 0.11 earnings per share for the current year.

Insider Activity at Zscaler

In related news, CEO Jagtar Singh Chaudhry sold 2,878 shares of the firm’s stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $126.43, for a total transaction of $363,865.54. Following the completion of the transaction, the chief executive officer directly owned 343,038 shares of the company’s stock, valued at approximately $43,370,294.34. This trade represents a 0.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Robert Schlossman sold 3,146 shares of the firm’s stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $126.43, for a total value of $397,748.78. Following the transaction, the insider owned 69,366 shares of the company’s stock, valued at approximately $8,769,943.38. The trade was a 4.34% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders sold 15,644 shares of company stock valued at $1,960,287. Insiders own 17.20% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently commented on the stock. HC Wainwright raised shares of Zscaler from a “buy” rating to a “buy” rating in a research note on Monday, May 18th. UBS Group dropped their target price on shares of Zscaler from $260.00 to $225.00 and set a “buy” rating on the stock in a report on Wednesday, May 27th. Needham & Company LLC reiterated a “buy” rating and set a $180.00 price objective on shares of Zscaler in a research note on Wednesday, June 10th. Piper Sandler lowered their price target on Zscaler from $185.00 to $160.00 and set a “neutral” rating for the company in a research report on Wednesday, May 27th. Finally, Rosenblatt Securities reiterated a “buy” rating and issued a $200.00 target price on shares of Zscaler in a research note on Wednesday, June 10th. Thirty-four analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Zscaler has a consensus rating of “Moderate Buy” and a consensus target price of $213.97.

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.