Prospera Financial Services Inc Takes $6.47 Million Position in Zscaler, Inc. $ZS

Prospera Financial Services Inc bought a new position in Zscaler, Inc. (NASDAQ:ZS) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 21,588 shares of the company’s stock, valued at approximately $6,468,000.

A number of other institutional investors have also recently bought and sold shares of the business. Bessemer Group Inc. raised its stake in shares of Zscaler by 3.2% in the 3rd quarter. Bessemer Group Inc. now owns 1,021 shares of the company’s stock valued at $306,000 after buying an additional 32 shares in the last quarter. Cox Capital Mgt LLC boosted its position in shares of Zscaler by 0.6% during the 3rd quarter. Cox Capital Mgt LLC now owns 5,576 shares of the company’s stock valued at $1,671,000 after acquiring an additional 33 shares in the last quarter. Brookstone Capital Management increased its stake in Zscaler by 3.7% in the third quarter. Brookstone Capital Management now owns 936 shares of the company’s stock valued at $280,000 after acquiring an additional 33 shares during the period. 180 Wealth Advisors LLC raised its position in Zscaler by 0.5% in the third quarter. 180 Wealth Advisors LLC now owns 7,897 shares of the company’s stock worth $2,366,000 after purchasing an additional 36 shares in the last quarter. Finally, Venturi Wealth Management LLC lifted its stake in Zscaler by 2.3% during the third quarter. Venturi Wealth Management LLC now owns 1,603 shares of the company’s stock worth $480,000 after purchasing an additional 36 shares during the period. Institutional investors and hedge funds own 46.45% of the company’s stock.

Analyst Ratings Changes

ZS has been the topic of several analyst reports. Stifel Nicolaus lowered their price objective on Zscaler from $330.00 to $320.00 and set a “buy” rating on the stock in a research note on Wednesday, November 26th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Zscaler in a research report on Wednesday, January 21st. UBS Group dropped their price objective on Zscaler from $350.00 to $340.00 and set a “buy” rating for the company in a research note on Wednesday, November 26th. Capital One Financial set a $320.00 target price on shares of Zscaler and gave the company an “overweight” rating in a research note on Wednesday, November 26th. Finally, Piper Sandler lowered their target price on shares of Zscaler from $280.00 to $260.00 and set a “neutral” rating on the stock in a report on Monday, January 5th. One analyst has rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Zscaler has a consensus rating of “Moderate Buy” and an average target price of $317.63.

Insider Buying and Selling at Zscaler

In related news, CFO Kevin Rubin sold 3,303 shares of the firm’s stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $230.82, for a total value of $762,398.46. Following the transaction, the chief financial officer owned 48,161 shares in the company, valued at $11,116,522.02. This trade represents a 6.42% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Raj Judge sold 3,438 shares of Zscaler stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $230.82, for a total value of $793,559.16. Following the completion of the sale, the executive vice president owned 70,394 shares of the company’s stock, valued at approximately $16,248,343.08. The trade was a 4.66% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 19,350 shares of company stock valued at $4,471,509 over the last ninety days. Company insiders own 17.20% of the company’s stock.

Zscaler Stock Performance

Zscaler stock opened at $174.34 on Wednesday. The stock has a 50-day simple moving average of $218.07 and a 200 day simple moving average of $265.62. The stock has a market capitalization of $27.80 billion, a price-to-earnings ratio of -670.51, a P/E/G ratio of 355.18 and a beta of 1.02. 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, Inc. has a 12-month low of $162.87 and a 12-month high of $336.99.

Zscaler (NASDAQ:ZS) last posted its quarterly earnings data 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 analysts’ expectations of $773.86 million. During the same quarter last year, the company posted $0.77 EPS. The company’s quarterly 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. On average, research analysts anticipate that Zscaler, Inc. will post -0.1 earnings per share 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.