Andra AP fonden Has $6.81 Million Stake in Zscaler, Inc. $ZS

Andra AP fonden raised its holdings in Zscaler, Inc. (NASDAQ:ZS) by 206.1% in the 1st quarter, HoldingsChannel reports. The firm owned 48,564 shares of the company’s stock after purchasing an additional 32,700 shares during the quarter. Andra AP fonden’s holdings in Zscaler were worth $6,813,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the business. Binnacle Investments Inc acquired a new stake in Zscaler in the 3rd quarter valued at about $25,000. AlphaCentric Advisors LLC acquired a new position in Zscaler during the 4th quarter worth $29,000. University of Texas Texas AM Investment Management Co. bought a new position in Zscaler in the 4th quarter valued at $30,000. Mcguire Capital Advisors Inc. acquired a new stake in shares of Zscaler in the 4th quarter valued at $32,000. Finally, Family CFO Inc bought a new stake in shares of Zscaler during the fourth quarter worth $34,000. 46.45% of the stock is owned by institutional investors.

Zscaler Price Performance

Shares of ZS opened at $142.26 on Thursday. 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 firm has a market capitalization of $23.00 billion, a PE ratio of -296.37, a P/E/G ratio of 85.23 and a beta of 0.96. The stock has a 50 day simple moving average of $143.71 and a 200 day simple moving average of $157.52. Zscaler, Inc. has a 52-week low of $114.63 and a 52-week high of $336.99.

Zscaler (NASDAQ:ZS) last announced its quarterly earnings results on Tuesday, May 26th. The company reported $1.08 earnings per share for the quarter, beating analysts’ consensus estimates of $1.01 by $0.07. The firm had revenue of $850.48 million for the quarter, compared to analyst estimates of $835.14 million. Zscaler had a negative net margin of 2.44% and a negative return on equity of 0.37%. The business’s revenue was up 25.4% on a year-over-year basis. During the same quarter in the previous year, the firm 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. Sell-side analysts predict that Zscaler, Inc. will post 0.12 EPS for the current fiscal year.

Insider Transactions at Zscaler

In other news, CEO Jagtar Singh Chaudhry sold 2,878 shares of the company’s stock in a transaction dated Tuesday, June 16th. The stock was 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 $43,370,294.34. This represents a 0.83% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 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 company’s stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $126.43, for a total value of $397,748.78. Following the transaction, the insider directly owned 69,366 shares of the company’s stock, valued at approximately $8,769,943.38. This trade represents a 4.34% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders have sold 15,766 shares of company stock valued at $1,978,587. 17.20% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several research firms recently issued reports on ZS. Citizens Jmp decreased their price target on Zscaler from $290.00 to $210.00 and set a “market outperform” rating on the stock in a report on Friday, May 1st. Zacks Research raised shares of Zscaler from a “strong sell” rating to a “hold” rating in a report on Wednesday, May 27th. Piper Sandler dropped their target price on shares of Zscaler from $185.00 to $160.00 and set a “neutral” rating for the company in a research report on Wednesday, May 27th. Wells Fargo & Company dropped their price objective on Zscaler from $210.00 to $180.00 and set an “overweight” rating for the company in a report on Thursday, May 28th. Finally, Citigroup restated a “market outperform” rating on shares of Zscaler in a research report on Wednesday, May 27th. Thirty-four investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $214.21.

About Zscaler

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.