8,617 Shares in Zscaler, Inc. $ZS Acquired by Migdal Insurance & Financial Holdings Ltd.

Migdal Insurance & Financial Holdings Ltd. bought a new stake in Zscaler, Inc. (NASDAQ:ZS) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 8,617 shares of the company’s stock, valued at approximately $2,582,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Tradewinds Capital Management LLC raised its holdings in 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 buying an additional 51 shares during the last quarter. Root Financial Partners LLC acquired a new position in Zscaler in the 3rd quarter valued at approximately $26,000. McIlrath & Eck LLC bought a new position in shares of Zscaler during the third quarter valued at $29,000. Quaker Wealth Management LLC raised its stake in shares of Zscaler by 200.0% during 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, Exane Asset Management lifted its holdings in shares of Zscaler by 185.7% during the second quarter. Exane Asset Management now owns 100 shares of the company’s stock worth $31,000 after purchasing an additional 65 shares during the period. Institutional investors own 46.45% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on ZS. Scotiabank decreased their price objective on Zscaler from $334.00 to $320.00 and set a “sector outperform” rating for the company in a report on Wednesday, November 26th. Rosenblatt Securities reiterated a “buy” rating and issued a $365.00 target price on shares of Zscaler in a report on Wednesday, November 26th. Berenberg Bank decreased their target price on shares of Zscaler from $400.00 to $390.00 and set a “buy” rating for the company in a research report on Friday, November 28th. Piper Sandler dropped their price target on shares of Zscaler from $280.00 to $260.00 and set a “neutral” rating on the stock in a research report on Monday, January 5th. Finally, Sanford C. Bernstein downgraded shares of Zscaler from an “outperform” rating to a “hold” rating in a research note on Monday, December 1st. One research analyst has rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Zscaler currently has an average rating of “Moderate Buy” and an average target price of $317.63.

Insider Buying and Selling at Zscaler

In other Zscaler news, insider Robert Schlossman sold 3,200 shares of the stock in a transaction that occurred on Friday, October 24th. The stock was sold at an average price of $325.00, for a total value of $1,040,000.00. Following the transaction, the insider owned 80,086 shares in the company, valued at approximately $26,027,950. This represents a 3.84% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Raj Judge sold 3,438 shares of the business’s stock in a transaction that occurred on Tuesday, December 16th. The shares were sold at an average price of $230.82, for a total value of $793,559.16. Following the sale, the executive vice president owned 70,394 shares of the company’s stock, valued at approximately $16,248,343.08. This represents a 4.66% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 22,550 shares of company stock worth $5,511,509 in the last quarter. Company insiders own 17.20% of the company’s stock.

Zscaler Stock Down 3.6%

Zscaler stock opened at $206.32 on Wednesday. The company has a market capitalization of $32.90 billion, a PE ratio of -793.51, a PEG ratio of 3,516.90 and a beta of 1.02. Zscaler, Inc. has a 12-month low of $164.78 and a 12-month high of $336.99. The firm’s fifty day moving average is $242.85 and its 200 day moving average is $275.97. The company has a quick ratio of 1.82, a current ratio of 1.82 and a debt-to-equity ratio of 0.86.

Zscaler (NASDAQ:ZS) last posted its quarterly earnings results on Tuesday, November 25th. The company reported $0.96 earnings per share for the quarter, beating the consensus estimate 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 firm had revenue of $788.11 million during the quarter, compared to the consensus estimate of $773.86 million. During the same period in the previous year, the firm posted $0.77 earnings per share. The business’s revenue was up 25.5% compared to the same quarter last year. Zscaler has set its FY 2026 guidance at 3.780-3.820 EPS and its Q2 2026 guidance at 0.890-0.900 EPS. As a group, sell-side analysts predict that Zscaler, Inc. will post -0.1 EPS for the current fiscal year.

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.