Stance Capital LLC Buys New Shares in Zscaler, Inc. $ZS

Stance Capital LLC bought a new position in Zscaler, Inc. (NASDAQ:ZS) in the third quarter, Holdings Channel.com reports. The firm bought 4,745 shares of the company’s stock, valued at approximately $1,422,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Federated Hermes Inc. grew its stake in Zscaler by 314.0% during the 2nd quarter. Federated Hermes Inc. now owns 1,171,983 shares of the company’s stock valued at $367,932,000 after purchasing an additional 888,888 shares during the last quarter. Vanguard Group Inc. raised its stake in shares of Zscaler by 8.3% in the second quarter. Vanguard Group Inc. now owns 10,715,132 shares of the company’s stock worth $3,363,909,000 after purchasing an additional 824,626 shares during the last quarter. AQR Capital Management LLC lifted its holdings in shares of Zscaler by 61.8% during the third quarter. AQR Capital Management LLC now owns 1,941,571 shares of the company’s stock worth $576,083,000 after purchasing an additional 741,756 shares during the period. Alyeska Investment Group L.P. acquired a new stake in shares of Zscaler during the third quarter worth about $109,440,000. Finally, Skandinaviska Enskilda Banken AB publ boosted its position in Zscaler by 167.7% in the second quarter. Skandinaviska Enskilda Banken AB publ now owns 421,393 shares of the company’s stock valued at $132,250,000 after buying an additional 263,982 shares during the last quarter. Institutional investors and hedge funds own 46.45% of the company’s stock.

Insiders Place Their Bets

In other Zscaler news, Director James A. Beer sold 653 shares of Zscaler stock in a transaction on Friday, January 2nd. The shares were sold at an average price of $226.72, for a total value of $148,048.16. Following the completion of the transaction, the director owned 3,485 shares of the company’s stock, 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 filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 17.20% of the company’s stock.

Zscaler Trading Up 1.5%

Zscaler stock opened at $156.00 on Wednesday. The firm has a market cap of $25.08 billion, a PE ratio of -371.43 and a beta of 1.07. Zscaler, Inc. has a 12 month low of $140.56 and a 12 month high of $336.99. The stock’s 50 day simple moving average is $181.98 and its two-hundred day simple moving average is $244.98. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 0.78.

Zscaler (NASDAQ:ZS) last posted its earnings results on Thursday, February 26th. The company reported $1.01 earnings per share 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 firm had revenue of $815.75 million during the quarter, compared to analyst estimates of $798.92 million. During the same period in the previous year, the firm earned $0.78 EPS. The business’s quarterly revenue was up 25.9% on a year-over-year basis. 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 -0.1 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on ZS shares. 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. Stifel Nicolaus dropped their price objective on shares of Zscaler from $330.00 to $320.00 and set a “buy” rating on the stock in a report on Wednesday, November 26th. BMO Capital Markets reduced their target price on shares of Zscaler from $315.00 to $210.00 and set an “outperform” rating for the company in a report on Friday, February 27th. Citigroup decreased their target price on shares of Zscaler from $305.00 to $195.00 and set a “buy” rating for the company in a research report on Monday, March 2nd. Finally, Needham & Company LLC lowered their price target on shares of Zscaler from $310.00 to $180.00 and set a “buy” rating on the stock in a report on Friday, February 27th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $267.13.

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.