Zscaler, Inc. $ZS Shares Sold by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. lessened its position in Zscaler, Inc. (NASDAQ:ZS) by 16.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 114,589 shares of the company’s stock after selling 23,263 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Zscaler were worth $25,275,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of ZS. Binnacle Investments Inc acquired a new position in Zscaler during the third quarter worth approximately $25,000. Root Financial Partners LLC acquired a new position in Zscaler during the third quarter worth approximately $26,000. Picton Mahoney Asset Management acquired a new position in Zscaler during the third quarter worth approximately $30,000. Family CFO Inc acquired a new position in Zscaler during the fourth quarter worth approximately $34,000. Finally, Spire Wealth Management increased its position in Zscaler by 48.9% during the third quarter. Spire Wealth Management now owns 131 shares of the company’s stock worth $39,000 after purchasing an additional 43 shares during the last quarter. Institutional investors and hedge funds own 46.45% of the company’s stock.

Analysts Set New Price Targets

ZS has been the subject of several research analyst reports. Sanford C. Bernstein raised shares of Zscaler from a “market perform” rating to an “outperform” rating and set a $228.00 price target for the company in a research report on Friday, February 13th. Cantor Fitzgerald dropped their price objective on shares of Zscaler from $365.00 to $300.00 and set an “overweight” rating for the company in a research report on Tuesday, February 24th. Piper Sandler dropped their price objective on shares of Zscaler from $260.00 to $185.00 and set a “neutral” rating for the company in a research report on Friday, February 27th. Mizuho decreased their target price on shares of Zscaler from $265.00 to $250.00 and set an “outperform” rating for the company in a research note on Friday, February 27th. Finally, Needham & Company LLC reduced their price objective on shares of Zscaler from $310.00 to $180.00 and set a “buy” rating on the stock in a research note on Friday, February 27th. Two research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, eight have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $263.46.

Zscaler Stock Down 0.4%

ZS stock opened at $152.13 on Friday. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 0.78. Zscaler, Inc. has a fifty-two week low of $114.63 and a fifty-two week high of $336.99. The firm’s 50-day simple moving average is $143.25 and its 200 day simple moving average is $206.91. The stock has a market cap of $24.46 billion, a PE ratio of -362.21 and a beta of 0.96.

Zscaler (NASDAQ:ZS) last released its quarterly earnings data on Thursday, February 26th. The company reported $1.01 earnings per share for the quarter, topping analysts’ consensus estimates of $0.89 by $0.12. The business had revenue of $815.75 million for the quarter, compared to analysts’ expectations of $798.92 million. Zscaler had a negative net margin of 2.25% and a positive return on equity of 0.06%. The company’s revenue for the quarter was up 25.9% compared to the same quarter last year. 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. As a group, sell-side analysts predict that Zscaler, Inc. will post -0.03 EPS for the current year.

Insider Activity

In other Zscaler news, insider Robert Schlossman sold 2,263 shares of the firm’s stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $156.59, for a total transaction of $354,363.17. Following the transaction, the insider owned 72,390 shares of the company’s stock, valued at approximately $11,335,550.10. This trade represents a 3.03% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Jagtar Singh Chaudhry sold 1,941 shares of the firm’s stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $156.59, for a total transaction of $303,941.19. Following the transaction, the chief executive officer directly owned 345,916 shares in the company, valued at approximately $54,166,986.44. The trade was a 0.56% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 12,130 shares of company stock worth $1,892,487 in the last 90 days. 17.20% of the stock is currently owned by corporate insiders.

Zscaler Company 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.