Banque Cantonale Vaudoise reduced its position in Zscaler, Inc. (NASDAQ:ZS – Free Report) by 31.4% in the fourth quarter, HoldingsChannel.com reports. The firm owned 16,705 shares of the company’s stock after selling 7,634 shares during the period. Banque Cantonale Vaudoise’s holdings in Zscaler were worth $3,758,000 at the end of the most recent reporting period.
Other hedge funds have also modified their holdings of the company. Binnacle Investments Inc bought a new position in shares of Zscaler in the third quarter worth approximately $25,000. Root Financial Partners LLC bought a new position in shares of Zscaler in the third quarter worth approximately $26,000. Picton Mahoney Asset Management bought a new position in shares of Zscaler in the third quarter worth approximately $30,000. Family CFO Inc bought a new position in shares of Zscaler in the fourth quarter worth approximately $34,000. Finally, Missouri Trust & Investment Co boosted its position in shares of Zscaler by 1,460.0% in the third quarter. Missouri Trust & Investment Co now owns 156 shares of the company’s stock worth $47,000 after purchasing an additional 146 shares during the period. 46.45% of the stock is currently owned by institutional investors.
Insider Buying and Selling at Zscaler
In other Zscaler news, EVP Raj Judge sold 2,488 shares of the stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $156.59, for a total transaction of $389,595.92. Following the completion of the transaction, the executive vice president owned 67,906 shares in the company, valued at $10,633,400.54. This trade represents a 3.53% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Robert Schlossman sold 2,263 shares of the stock in a transaction on 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 $11,335,550.10. This trade represents a 3.03% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 12,130 shares of company stock valued at $1,892,487 over the last ninety days. Corporate insiders own 17.20% of the company’s stock.
Zscaler Price Performance
Zscaler (NASDAQ:ZS – Get Free Report) last released its quarterly earnings data on Thursday, February 26th. The company reported $1.01 EPS for the quarter, beating the consensus estimate of $0.89 by $0.12. Zscaler had a negative net margin of 2.25% and a positive return on equity of 0.06%. The business had revenue of $815.75 million during the quarter, compared to analyst estimates of $798.92 million. During the same quarter last year, the business earned $0.78 earnings per share. Zscaler’s quarterly revenue was up 25.9% compared to the same quarter last year. Zscaler has set its Q3 2026 guidance at 1.000-1.010 EPS and its FY 2026 guidance at 3.990-4.020 EPS. Analysts anticipate that Zscaler, Inc. will post -0.03 earnings per share for the current fiscal year.
Key Headlines Impacting Zscaler
Here are the key news stories impacting Zscaler this week:
- Positive Sentiment: B.Riley upgraded Zscaler from Neutral to Buy, which helped fuel a strong rally as investors responded to the more constructive analyst view. Why Is Zscaler (ZS) Stock Soaring Today
- Positive Sentiment: Zscaler reported stronger-than-expected quarterly results, raised full-year guidance, and highlighted growing demand tied to AI security and zero-trust adoption, supporting the stock’s recent rebound. Why Zscaler (ZS) Is Up 19.9% After Strong Results And New AI-Focused Zero-Trust Push
- Positive Sentiment: The company launched Project AI-Guardian with major global system integrators, expanding its AI security push and giving investors another catalyst for enterprise adoption. Zscaler Partners with Global System Integrators to Launch Project AI-Guardian to Help Accelerate Enterprise AI Adoption
- Positive Sentiment: UBS said Zscaler has a positive setup into upcoming earnings, while Oppenheimer said results are likely to be balanced to slightly above plan, suggesting expectations are manageable. Zscaler Setup Looks Positive Into Upcoming Earnings, UBS Says
- Neutral Sentiment: IGEL and Zscaler released healthcare security blueprints, a supportive partnership announcement that adds to the company’s broader product and ecosystem momentum. IGEL and Zscaler Release Healthcare Security Blueprints for Distributed Care Delivery
- Neutral Sentiment: Some commentary noted mixed signals from estimate revisions and relative performance versus peers, which could limit upside if earnings do not surprise meaningfully. Zscaler (ZS) Soars 8.5%: Is Further Upside Left in the Stock?
Wall Street Analysts Forecast Growth
A number of brokerages recently weighed in on ZS. Mizuho dropped their target price on shares of Zscaler from $265.00 to $250.00 and set an “outperform” rating for the company in a research report on Friday, February 27th. Wells Fargo & Company upgraded shares of Zscaler from an “overweight” rating to an “overweight” rating in a research report on Monday. Citigroup lowered shares of Zscaler from a “buy” rating to a “neutral” rating in a research report on Monday. KeyCorp upped their target price on shares of Zscaler from $160.00 to $190.00 and gave the stock an “overweight” rating in a research report on Monday. Finally, Berenberg Bank dropped their target price on shares of Zscaler from $390.00 to $320.00 and set a “buy” rating for the company in a research report on Friday, February 27th. One research analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating, eight have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $261.26.
Check Out Our Latest Stock Report on Zscaler
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.
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Want to see what other hedge funds are holding ZS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Zscaler, Inc. (NASDAQ:ZS – Free Report).
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