Zscaler, Inc. $ZS Shares Sold by Schroder Investment Management Group

Schroder Investment Management Group reduced its holdings in shares of Zscaler, Inc. (NASDAQ:ZS) by 16.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 137,291 shares of the company’s stock after selling 26,770 shares during the quarter. Schroder Investment Management Group owned 0.09% of Zscaler worth $41,141,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the business. Tradewinds Capital Management LLC boosted its position in 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 purchasing an additional 51 shares during the period. Root Financial Partners LLC purchased a new position in Zscaler in the third quarter valued at about $26,000. McIlrath & Eck LLC acquired a new position in shares of Zscaler during the third quarter worth about $29,000. Picton Mahoney Asset Management acquired a new position in shares of Zscaler during the third quarter worth about $30,000. Finally, E Fund Management Hong Kong Co. Ltd. boosted its position in shares of Zscaler by 81.9% in the third quarter. E Fund Management Hong Kong Co. Ltd. now owns 131 shares of the company’s stock worth $39,000 after buying an additional 59 shares during the period. Institutional investors and hedge funds own 46.45% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on ZS. Oppenheimer lowered their target price on Zscaler from $280.00 to $250.00 and set an “outperform” rating for the company in a research note on Tuesday. JPMorgan Chase & Co. decreased their price target on Zscaler from $354.00 to $267.00 and set an “overweight” rating for the company in a report on Friday, February 20th. Sanford C. Bernstein raised shares of Zscaler from a “market perform” rating to an “outperform” rating and set a $228.00 price objective for the company in a research report on Friday, February 13th. Capital One Financial set a $320.00 price objective on shares of Zscaler and gave the company an “overweight” rating in a research note on Wednesday, November 26th. Finally, Bank of America reduced their target price on shares of Zscaler from $355.00 to $335.00 and set a “buy” rating on the stock in a research report on Wednesday, November 26th. Two analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $267.13.

Insider Buying and Selling

In related news, CEO Jagtar Singh Chaudhry sold 2,843 shares of the business’s stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of $230.82, for a total transaction of $656,221.26. Following the completion of the sale, the chief executive officer owned 347,857 shares of the company’s stock, valued at $80,292,352.74. This represents a 0.81% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Robert Schlossman sold 3,084 shares of the stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $230.82, for a total transaction of $711,848.88. Following the sale, the insider owned 77,002 shares in the company, valued at approximately $17,773,601.64. This trade represents a 3.85% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 19,350 shares of company stock worth $4,471,509. Company insiders own 17.20% of the company’s stock.

Zscaler Price Performance

Shares of NASDAQ ZS opened at $153.81 on Thursday. 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 company has a market capitalization of $24.73 billion, a price-to-earnings ratio of -366.21 and a beta of 1.07. Zscaler, Inc. has a twelve month low of $140.56 and a twelve month high of $336.99. The business has a 50 day simple moving average of $187.48 and a 200-day simple moving average of $248.53.

Zscaler (NASDAQ:ZS) last announced its quarterly earnings data on Thursday, February 26th. The company reported $1.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.89 by $0.12. The firm had revenue of $815.75 million for the quarter, compared to analysts’ expectations of $798.92 million. Zscaler had a positive return on equity of 0.06% and a negative net margin of 2.25%.The firm’s revenue for the quarter was up 25.9% on a year-over-year basis. During the same period last year, the business posted $0.78 earnings per share. 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, equities research analysts expect that Zscaler, Inc. will post -0.1 earnings per share for the current year.

About Zscaler

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.