Prevail Innovative Wealth Advisors LLC Buys 11,336 Shares of Zscaler, Inc. $ZS

Prevail Innovative Wealth Advisors LLC boosted its stake in shares of Zscaler, Inc. (NASDAQ:ZS) by 418.3% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,046 shares of the company’s stock after purchasing an additional 11,336 shares during the quarter. Prevail Innovative Wealth Advisors LLC’s holdings in Zscaler were worth $4,209,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in ZS. Tradewinds Capital Management LLC boosted its holdings in shares of Zscaler by 145.7% during the 3rd quarter. Tradewinds Capital Management LLC now owns 86 shares of the company’s stock worth $26,000 after buying an additional 51 shares during the period. Root Financial Partners LLC acquired a new position in Zscaler in the 3rd quarter valued at $26,000. McIlrath & Eck LLC bought a new position in Zscaler in the 3rd quarter worth $29,000. Picton Mahoney Asset Management bought a new position in Zscaler in the 3rd quarter worth $30,000. Finally, E Fund Management Hong Kong Co. Ltd. lifted its position in Zscaler by 81.9% during the 3rd quarter. E Fund Management Hong Kong Co. Ltd. now owns 131 shares of the company’s stock worth $39,000 after acquiring an additional 59 shares during the last quarter. Institutional investors and hedge funds own 46.45% of the company’s stock.

Zscaler Trading Up 1.3%

ZS stock opened at $164.06 on Friday. Zscaler, Inc. has a 1-year low of $140.56 and a 1-year high of $336.99. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 0.78. The business’s 50 day moving average is $191.63 and its 200-day moving average is $250.93. The firm has a market cap of $26.38 billion, a P/E ratio of -390.62 and a beta of 1.07.

Zscaler (NASDAQ:ZS) last posted its earnings results on Thursday, February 26th. The company reported $1.01 EPS for the quarter, topping the consensus estimate of $0.89 by $0.12. The business had revenue of $815.75 million during the quarter, compared to the consensus estimate of $798.92 million. Zscaler had a positive return on equity of 0.06% and a negative net margin of 2.25%.Zscaler’s revenue was up 25.9% on a year-over-year basis. During the same quarter last year, the company earned $0.78 EPS. Zscaler has set its Q3 2026 guidance at 1.000-1.010 EPS and its FY 2026 guidance at 3.990-4.020 EPS. Equities analysts anticipate that Zscaler, Inc. will post -0.1 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on ZS shares. Needham & Company LLC decreased their price target on shares of Zscaler from $310.00 to $180.00 and set a “buy” rating for the company in a report on Friday, February 27th. Sanford C. Bernstein upgraded Zscaler from a “market perform” rating to an “outperform” rating and set a $228.00 price objective on the stock in a research note on Friday, February 13th. Capital One Financial set a $320.00 target price on Zscaler and gave the company an “overweight” rating in a research note on Wednesday, November 26th. Morgan Stanley lowered their target price on Zscaler from $305.00 to $200.00 and set an “overweight” rating on the stock in a report on Friday, February 27th. Finally, Piper Sandler dropped their price target on Zscaler from $260.00 to $185.00 and set a “neutral” rating on the stock in a research report on Friday, February 27th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $267.92.

Insider Activity

In other Zscaler news, insider Adam Geller sold 2,060 shares of Zscaler stock in a transaction on Tuesday, December 16th. The stock was sold at an average price of $230.82, for a total transaction of $475,489.20. Following the completion of the transaction, the insider directly owned 52,148 shares of the company’s stock, valued at approximately $12,036,801.36. This trade represents a 3.80% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Kevin Rubin sold 3,303 shares of the business’s stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of $230.82, for a total transaction of $762,398.46. Following the completion of the sale, the chief financial officer owned 48,161 shares in the company, valued at $11,116,522.02. This represents a 6.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 19,350 shares of company stock valued at $4,471,509. 17.20% of the stock is owned by company insiders.

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.