Pacer Advisors Inc. Buys 35,345 Shares of Zscaler, Inc. $ZS

Pacer Advisors Inc. lifted its stake in shares of Zscaler, Inc. (NASDAQ:ZS) by 21.9% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 196,541 shares of the company’s stock after purchasing an additional 35,345 shares during the quarter. Pacer Advisors Inc. owned 0.12% of Zscaler worth $58,895,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. Federated Hermes Inc. grew its holdings in Zscaler by 314.0% during the 2nd quarter. Federated Hermes Inc. now owns 1,171,983 shares of the company’s stock valued at $367,932,000 after buying an additional 888,888 shares in the last quarter. Vanguard Group Inc. lifted its holdings in shares of Zscaler by 8.3% in the second quarter. Vanguard Group Inc. now owns 10,715,132 shares of the company’s stock worth $3,363,909,000 after buying an additional 824,626 shares in the last quarter. Woodline Partners LP bought a new position in shares of Zscaler in the first quarter valued at approximately $70,340,000. Skandinaviska Enskilda Banken AB publ boosted its position in shares of Zscaler by 167.7% in the second quarter. Skandinaviska Enskilda Banken AB publ now owns 421,393 shares of the company’s stock valued at $132,250,000 after acquiring an additional 263,982 shares during the period. Finally, 1832 Asset Management L.P. grew its stake in Zscaler by 131.4% during the second quarter. 1832 Asset Management L.P. now owns 461,800 shares of the company’s stock valued at $144,977,000 after acquiring an additional 262,200 shares in the last quarter. Hedge funds and other institutional investors own 46.45% of the company’s stock.

Zscaler Stock Up 0.4%

Shares of NASDAQ ZS opened at $230.52 on Friday. The stock has a market capitalization of $36.76 billion, a P/E ratio of -886.58, a PEG ratio of 4,402.56 and a beta of 1.07. Zscaler, Inc. has a one year low of $164.78 and a one year high of $336.99. The firm’s 50 day simple moving average is $277.86 and its two-hundred day simple moving average is $286.84. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.82 and a quick ratio of 1.82.

Zscaler (NASDAQ:ZS) last announced its quarterly earnings data on Tuesday, November 25th. The company reported $0.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.85 by $0.11. Zscaler had a negative net margin of 1.45% and a negative return on equity of 0.12%. The company had revenue of $788.11 million during the quarter, compared to analysts’ expectations of $773.86 million. During the same quarter in the prior year, the company earned $0.77 EPS. The firm’s revenue was up 25.5% on a year-over-year basis. Zscaler has set its FY 2026 guidance at 3.780-3.820 EPS and its Q2 2026 guidance at 0.890-0.900 EPS. As a group, analysts expect that Zscaler, Inc. will post -0.1 EPS for the current fiscal year.

Insider Activity

In related news, CFO Kevin Rubin sold 3,303 shares of the firm’s stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $230.82, for a total transaction of $762,398.46. Following the transaction, the chief financial officer directly owned 48,161 shares in the company, valued at $11,116,522.02. This trade represents a 6.42% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Jagtar Singh Chaudhry sold 2,843 shares of Zscaler stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $230.82, for a total value of $656,221.26. Following the completion of the transaction, the chief executive officer directly owned 347,857 shares in the company, valued at $80,292,352.74. This trade represents a 0.81% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 28,903 shares of company stock valued at $7,504,284. Company insiders own 17.20% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. KeyCorp increased their target price on shares of Zscaler from $345.00 to $350.00 and gave the stock an “overweight” rating in a research note on Wednesday, September 3rd. HC Wainwright reaffirmed a “buy” rating on shares of Zscaler in a report on Wednesday, November 26th. Rosenblatt Securities reiterated a “buy” rating and issued a $365.00 price objective on shares of Zscaler in a research report on Wednesday, November 26th. Zacks Research upgraded Zscaler from a “strong sell” rating to a “hold” rating in a research report on Thursday, October 2nd. Finally, Stifel Nicolaus decreased their target price on Zscaler from $330.00 to $320.00 and set a “buy” rating on the stock in a research note on Wednesday, November 26th. One analyst has rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Zscaler currently has a consensus rating of “Moderate Buy” and an average price target of $322.66.

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.