New York State Common Retirement Fund Has $27.10 Million Position in Zscaler, Inc. $ZS

New York State Common Retirement Fund increased its holdings in shares of Zscaler, Inc. (NASDAQ:ZS) by 67.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 90,449 shares of the company’s stock after purchasing an additional 36,300 shares during the period. New York State Common Retirement Fund owned approximately 0.06% of Zscaler worth $27,104,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of ZS. Vanguard Group Inc. boosted 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 valued at $3,363,909,000 after buying an additional 824,626 shares during the period. Geode Capital Management LLC lifted its position in Zscaler by 6.0% in the 2nd quarter. Geode Capital Management LLC now owns 1,866,329 shares of the company’s stock valued at $584,160,000 after acquiring an additional 105,318 shares in the last quarter. Federated Hermes Inc. boosted its stake in Zscaler by 9.4% in the 3rd quarter. Federated Hermes Inc. now owns 1,281,671 shares of the company’s stock worth $384,066,000 after purchasing an additional 109,688 shares during the period. AQR Capital Management LLC boosted its position in shares of Zscaler by 0.7% during the second quarter. AQR Capital Management LLC now owns 1,199,815 shares of the company’s stock worth $371,823,000 after buying an additional 7,885 shares during the period. Finally, Legal & General Group Plc grew its holdings in shares of Zscaler by 2.0% during the second quarter. Legal & General Group Plc now owns 607,899 shares of the company’s stock worth $190,844,000 after buying an additional 11,676 shares in the last quarter. 46.45% of the stock is owned by institutional investors.

Zscaler Stock Down 0.3%

Zscaler stock opened at $200.01 on Friday. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.82 and a quick ratio of 1.82. The company’s 50-day moving average is $229.16 and its 200-day moving average is $271.00. The firm has a market capitalization of $31.90 billion, a PE ratio of -769.24, a P/E/G ratio of 3,297.49 and a beta of 1.02. Zscaler, Inc. has a fifty-two week low of $164.78 and a fifty-two week high of $336.99.

Zscaler (NASDAQ:ZS) last issued its earnings results on Tuesday, November 25th. The company reported $0.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.85 by $0.11. The business had revenue of $788.11 million during the quarter, compared to the consensus estimate of $773.86 million. Zscaler had a negative net margin of 1.45% and a negative return on equity of 0.12%. Zscaler’s revenue was up 25.5% on a year-over-year basis. During the same period last year, the business posted $0.77 EPS. Zscaler has set its FY 2026 guidance at 3.780-3.820 EPS and its Q2 2026 guidance at 0.890-0.900 EPS. Sell-side analysts anticipate that Zscaler, Inc. will post -0.1 earnings per share for the current year.

Insider Transactions at Zscaler

In related news, insider Robert Schlossman sold 3,084 shares of the company’s stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of $230.82, for a total value of $711,848.88. Following the transaction, the insider owned 77,002 shares in the company, valued at approximately $17,773,601.64. This represents a 3.85% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Raj Judge sold 3,438 shares of the business’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 value of $793,559.16. Following the sale, the executive vice president owned 70,394 shares of the company’s stock, valued at approximately $16,248,343.08. This represents a 4.66% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 19,350 shares of company stock valued at $4,471,509. Corporate insiders own 17.20% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have commented on ZS shares. Cantor Fitzgerald restated an “overweight” rating on shares of Zscaler in a research note on Wednesday, November 26th. Piper Sandler cut their price objective on shares of Zscaler from $280.00 to $260.00 and set a “neutral” rating on the stock in a research report on Monday, January 5th. Scotiabank reduced their target price on shares of Zscaler from $334.00 to $320.00 and set a “sector outperform” rating for the company in a report on Wednesday, November 26th. Capital One Financial set a $320.00 price target on shares of Zscaler and gave the company an “overweight” rating in a research note on Wednesday, November 26th. Finally, KeyCorp reduced their price objective on shares of Zscaler from $350.00 to $300.00 and set an “overweight” rating for the company in a research note on Monday, January 12th. One analyst has rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, eight have assigned 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 $317.63.

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.