Zscaler, Inc. $ZS Shares Sold by Strs Ohio

Strs Ohio reduced its stake in shares of Zscaler, Inc. (NASDAQ:ZS) by 58.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,335 shares of the company’s stock after selling 3,274 shares during the period. Strs Ohio’s holdings in Zscaler were worth $700,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of ZS. Tradewinds Capital Management LLC boosted its holdings in shares of Zscaler by 145.7% in the 3rd quarter. Tradewinds Capital Management LLC now owns 86 shares of the company’s stock valued at $26,000 after purchasing an additional 51 shares during the last quarter. Root Financial Partners LLC acquired a new stake in shares of Zscaler during the 3rd quarter worth $26,000. McIlrath & Eck LLC purchased a new position in shares of Zscaler in the 3rd quarter worth $29,000. Quaker Wealth Management LLC boosted its holdings in Zscaler by 200.0% in the second quarter. Quaker Wealth Management LLC now owns 97 shares of the company’s stock valued at $30,000 after acquiring an additional 194 shares during the last quarter. Finally, E Fund Management Hong Kong Co. Ltd. boosted its holdings in Zscaler by 81.9% in the third quarter. E Fund Management Hong Kong Co. Ltd. now owns 131 shares of the company’s stock valued at $39,000 after acquiring an additional 59 shares during the last quarter. 46.45% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Zscaler

In related news, Director James A. Beer sold 653 shares of the business’s stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $226.72, for a total value of $148,048.16. Following the transaction, the director owned 3,485 shares in the company, valued at approximately $790,119.20. The trade was a 15.78% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Adam Geller sold 1,620 shares of the firm’s stock in a transaction that occurred on Wednesday, December 17th. The shares were sold at an average price of $232.79, for a total value of $377,119.80. Following the sale, the insider owned 50,528 shares of the company’s stock, valued at approximately $11,762,413.12. This trade represents a 3.11% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 19,350 shares of company stock valued at $4,471,509. Company insiders own 17.20% of the company’s stock.

Zscaler Trading Down 6.2%

ZS opened at $200.63 on Friday. The firm’s 50 day moving average is $230.66 and its 200-day moving average is $271.76. Zscaler, Inc. has a 52-week low of $164.78 and a 52-week high of $336.99. The company has a quick ratio of 1.82, a current ratio of 1.82 and a debt-to-equity ratio of 0.86. The firm has a market capitalization of $31.99 billion, a P/E ratio of -771.62, a P/E/G ratio of 3,516.41 and a beta of 1.02.

Zscaler (NASDAQ:ZS) last released its quarterly earnings results on Tuesday, November 25th. The company reported $0.96 earnings per share 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 business had revenue of $788.11 million during the quarter, compared to analyst estimates of $773.86 million. During the same period last year, the business earned $0.77 EPS. The business’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. Analysts expect that Zscaler, Inc. will post -0.1 EPS for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have commented on ZS. Macquarie assumed coverage on Zscaler in a research note on Friday, October 31st. They set an “outperform” rating and a $390.00 price target for the company. Robert W. Baird increased their target price on shares of Zscaler from $350.00 to $360.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 26th. Loop Capital set a $320.00 price target on shares of Zscaler in a report on Thursday, December 11th. UBS Group decreased their price objective on shares of Zscaler from $350.00 to $340.00 and set a “buy” rating for the company in a research note on Wednesday, November 26th. Finally, HC Wainwright reissued a “buy” rating on shares of Zscaler in a research note on Wednesday, November 26th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Zscaler presently has a consensus rating of “Moderate Buy” and a consensus target price of $317.63.

More Zscaler News

Here are the key news stories impacting Zscaler this week:

• Positive Sentiment: Zscaler rolled out a new AI security suite that expands its zero‑trust story and positions the company to monetize rising enterprise AI risk — a direct product/capability catalyst for revenue growth. Zscaler Deepens Zero Trust Story With New AI Security Suite
• Positive Sentiment: Industry coverage highlights Zscaler as a frontline vendor as AI adoption accelerates, reinforcing TAM expansion and the company’s strategic relevance. AI is coming to an enterprise near you and Zscaler aims to secure it
• Positive Sentiment: Multiple reports show enterprise AI usage jumping (~91%) and surveys warning most AI systems are vulnerable — these trends increase demand for cloud‑native security, a tailwind for Zscaler’s services. AI Security Threats Loom as Enterprise Usage Jumps 91%
• Positive Sentiment: Independent surveys highlighting rapid breach risk for AI systems further underscore the market need for Zscaler’s offerings. How secure is your business really? New survey claims 90% of enterprise AI systems could be breached within 90 minutes
• Positive Sentiment: Analyst commentary and screens highlight Zscaler as a strong growth name and brokerages maintain a consensus “Moderate Buy,” supporting longer‑term investor interest. Here’s Why Zscaler (ZS) is a Strong Growth Stock Zscaler, Inc. (NASDAQ:ZS) Given Consensus Rating of “Moderate Buy” by Brokerages
• Neutral Sentiment: Several valuation and reassessment pieces note recent share‑price weakness and volatility, prompting investors to revisit multiples and growth assumptions — this creates near‑term debate on fair value. Assessing Zscaler (ZS) Valuation After Recent Share Price Weakness And Ongoing Revenue Growth
• Neutral Sentiment: Further coverage asks whether it’s time to reassess ZS after recent swings — useful for medium‑term investors but not an immediate fundamental change. Is It Time To Reassess Zscaler (ZS) After Recent Share Price Swings?
• Neutral Sentiment: Coverage on AI tool fragility and governance underscores complexity — this both increases demand for vendors and raises implementation risk that enterprises must manage. AI tools break quickly, underscoring need for governance
• Negative Sentiment: Despite positive product/news flow, short‑term pressure is evident: share price weakness has pushed ZS below key moving averages and prompted fresh valuation scrutiny — factors likely driving today’s decline.

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.