Zscaler, Inc. $ZS Stock Holdings Lifted by Geode Capital Management LLC

Geode Capital Management LLC lifted its stake in shares of Zscaler, Inc. (NASDAQ:ZS) by 6.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,866,329 shares of the company’s stock after acquiring an additional 105,318 shares during the quarter. Geode Capital Management LLC owned 1.20% of Zscaler worth $584,160,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of ZS. Parcion Private Wealth LLC increased its stake in Zscaler by 3.3% in the 2nd quarter. Parcion Private Wealth LLC now owns 1,200 shares of the company’s stock worth $377,000 after purchasing an additional 38 shares in the last quarter. Secure Asset Management LLC raised its holdings in shares of Zscaler by 1.8% during the second quarter. Secure Asset Management LLC now owns 2,436 shares of the company’s stock valued at $765,000 after acquiring an additional 43 shares during the period. Tlwm raised its holdings in shares of Zscaler by 1.0% during the second quarter. Tlwm now owns 4,649 shares of the company’s stock valued at $1,460,000 after acquiring an additional 44 shares during the period. STF Management LP lifted its position in shares of Zscaler by 2.2% in the 2nd quarter. STF Management LP now owns 2,273 shares of the company’s stock valued at $714,000 after acquiring an additional 48 shares in the last quarter. Finally, Earned Wealth Advisors LLC boosted its stake in Zscaler by 4.3% in the 2nd quarter. Earned Wealth Advisors LLC now owns 1,336 shares of the company’s stock worth $419,000 after purchasing an additional 55 shares during the period. 46.45% of the stock is owned by hedge funds and other institutional investors.

Zscaler Price Performance

NASDAQ ZS opened at $299.45 on Friday. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.95. The stock has a market capitalization of $47.40 billion, a PE ratio of -1,109.07 and a beta of 1.06. Zscaler, Inc. has a 12-month low of $164.78 and a 12-month high of $336.99. The company has a 50 day moving average price of $305.33 and a two-hundred day moving average price of $287.91.

Zscaler (NASDAQ:ZS) last released its quarterly earnings results on Tuesday, September 2nd. The company reported $0.89 earnings per share for the quarter, beating analysts’ consensus estimates of $0.80 by $0.09. Zscaler had a negative net margin of 1.55% and a negative return on equity of 0.47%. The business had revenue of $719.23 million for the quarter, compared to the consensus estimate of $707.15 million. During the same quarter last year, the firm earned $0.88 EPS. Zscaler’s revenue for the quarter was up 21.3% on a year-over-year basis. Zscaler has set its FY 2026 guidance at 3.640-3.680 EPS. Q1 2026 guidance at 0.850-0.860 EPS. As a group, equities analysts predict that Zscaler, Inc. will post -0.1 earnings per share for the current fiscal year.

Analyst Ratings Changes

ZS has been the subject of a number of research analyst reports. Royal Bank Of Canada increased their target price on Zscaler from $350.00 to $366.00 and gave the company an “outperform” rating in a report on Wednesday. Weiss Ratings restated a “sell (d-)” rating on shares of Zscaler in a research report on Wednesday, October 8th. Barclays upped their target price on Zscaler from $320.00 to $350.00 and gave the company an “overweight” rating in a report on Wednesday. Wall Street Zen downgraded shares of Zscaler from a “buy” rating to a “hold” rating in a research report on Saturday, October 18th. Finally, Stifel Nicolaus increased their target price on shares of Zscaler from $295.00 to $330.00 and gave the stock a “buy” rating in a research report on Wednesday, September 3rd. One investment analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Zscaler has an average rating of “Moderate Buy” and a consensus target price of $312.39.

Insider Buying and Selling

In other news, CEO Jagtar Singh Chaudhry sold 2,865 shares of the stock in a transaction dated Tuesday, September 16th. The stock was sold at an average price of $280.70, for a total transaction of $804,205.50. Following the transaction, the chief executive officer owned 350,700 shares of the company’s stock, valued at approximately $98,441,490. This represents a 0.81% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Raj Judge sold 4,524 shares of the firm’s stock in a transaction that occurred on Tuesday, September 16th. The shares were sold at an average price of $280.70, for a total value of $1,269,886.80. Following the completion of the transaction, the executive vice president directly owned 73,832 shares in the company, valued at $20,724,642.40. The trade was a 5.77% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 43,084 shares of company stock worth $12,446,825. Insiders own 18.10% of the company’s stock.

About Zscaler

Zscaler, Inc operates as a cloud security company worldwide. The company offers Zscaler Internet Access solution that provides users, workloads, IoT, and OT devices secure access to externally managed applications, including software-as-a-service (SaaS) applications and internet destinations; and Zscaler Private Access solution, which is designed to provide access to managed applications hosted internally in data centers, and private or public clouds.