MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Acquires 17,965 Shares of Zscaler, Inc. $ZS

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Zscaler, Inc. (NASDAQ:ZS) by 3.6% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 521,172 shares of the company’s stock after purchasing an additional 17,965 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned about 0.33% of Zscaler worth $156,163,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in ZS. Binnacle Investments Inc bought a new position in Zscaler in the third quarter valued at $25,000. Tradewinds Capital Management LLC lifted 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 buying an additional 51 shares in the last quarter. Root Financial Partners LLC bought a new stake in Zscaler during the 3rd quarter worth about $26,000. McIlrath & Eck LLC acquired a new position in shares of Zscaler during the 3rd quarter worth about $29,000. Finally, Picton Mahoney Asset Management acquired a new position in shares of Zscaler during the 3rd quarter worth about $30,000. Institutional investors own 46.45% of the company’s stock.

Analyst Upgrades and Downgrades

ZS has been the topic of a number of recent research reports. Sanford C. Bernstein raised Zscaler from a “market perform” rating to an “outperform” rating and set a $228.00 target price on the stock in a research report on Friday, February 13th. Morgan Stanley reduced their price target on Zscaler from $305.00 to $200.00 and set an “overweight” rating for the company in a research report on Friday, February 27th. BTIG Research decreased their price target on Zscaler from $365.00 to $209.00 and set a “buy” rating for the company in a research note on Tuesday, February 24th. Bank of America dropped their price objective on Zscaler from $355.00 to $335.00 and set a “buy” rating on the stock in a research note on Wednesday, November 26th. Finally, Wells Fargo & Company assumed coverage on Zscaler in a report on Tuesday, March 3rd. They issued an “overweight” rating and a $200.00 price objective for the company. 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 assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $267.13.

Zscaler Trading Down 0.0%

Zscaler stock opened at $153.69 on Tuesday. The stock has a 50-day simple moving average of $183.30 and a 200 day simple moving average of $245.83. The stock has a market capitalization of $24.71 billion, a P/E ratio of -365.93 and a beta of 1.07. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.90 and a current ratio of 1.90. Zscaler, Inc. has a 52 week low of $140.56 and a 52 week high of $336.99.

Zscaler (NASDAQ:ZS) last released its quarterly earnings data on Thursday, February 26th. The company reported $1.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.89 by $0.12. Zscaler had a positive return on equity of 0.06% and a negative net margin of 2.25%.The firm had revenue of $815.75 million for the quarter, compared to analyst estimates of $798.92 million. During the same quarter in the prior year, the company earned $0.78 earnings per share. The business’s revenue for the quarter 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 expect that Zscaler, Inc. will post -0.1 earnings per share for the current year.

Insider Buying and Selling

In other Zscaler news, insider Robert Schlossman sold 2,349 shares of Zscaler stock in a transaction on Wednesday, December 17th. The shares were sold at an average price of $232.79, for a total transaction of $546,823.71. Following the completion of the transaction, the insider directly owned 74,653 shares of the company’s stock, valued at $17,378,471.87. The trade was a 3.05% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Adam Geller sold 1,620 shares of the company’s stock in a transaction on Wednesday, December 17th. The shares were sold at an average price of $232.79, for a total transaction of $377,119.80. Following the completion of the transaction, the insider owned 50,528 shares in the company, valued at approximately $11,762,413.12. This represents a 3.11% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 4,622 shares of company stock valued at $1,071,992. 17.20% of the stock is owned by 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.