3,600 Shares in Zscaler, Inc. $ZS Purchased by Hillsdale Investment Management Inc.

Hillsdale Investment Management Inc. purchased a new position in shares of Zscaler, Inc. (NASDAQ:ZS) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 3,600 shares of the company’s stock, valued at approximately $810,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of ZS. Integrated Wealth Concepts LLC grew its holdings in Zscaler by 19.9% during the first quarter. Integrated Wealth Concepts LLC now owns 1,439 shares of the company’s stock worth $285,000 after purchasing an additional 239 shares during the period. NewEdge Advisors LLC boosted its holdings in shares of Zscaler by 8.2% during the first quarter. NewEdge Advisors LLC now owns 4,899 shares of the company’s stock worth $972,000 after acquiring an additional 370 shares during the period. Empowered Funds LLC boosted its holdings in shares of Zscaler by 9.2% during the first quarter. Empowered Funds LLC now owns 2,811 shares of the company’s stock worth $558,000 after acquiring an additional 238 shares during the period. Sivia Capital Partners LLC bought a new stake in shares of Zscaler during the second quarter worth approximately $252,000. Finally, Jump Financial LLC bought a new stake in shares of Zscaler during the second quarter worth approximately $3,019,000. Institutional investors own 46.45% of the company’s stock.

Zscaler Stock Up 11.4%

NASDAQ ZS opened at $155.71 on Tuesday. The business has a fifty day moving average price of $144.37 and a two-hundred day moving average price of $187.40. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.86 and a quick ratio of 1.86. Zscaler, Inc. has a fifty-two week low of $114.63 and a fifty-two week high of $336.99. The stock has a market capitalization of $25.18 billion, a PE ratio of -324.39 and a beta of 0.96.

Zscaler (NASDAQ:ZS) last announced its quarterly earnings results on Tuesday, May 26th. The company reported $1.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.07. The company had revenue of $850.48 million during the quarter, compared to the consensus estimate of $835.14 million. Zscaler had a negative net margin of 2.44% and a negative return on equity of 0.37%. The company’s revenue for the quarter was up 25.4% compared to the same quarter last year. During the same period in the prior year, the business earned $0.84 earnings per share. Zscaler has set its Q4 2026 guidance at 1.080-1.090 EPS and its FY 2026 guidance at 4.100-4.110 EPS. Equities analysts expect that Zscaler, Inc. will post -0.03 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, insider Robert Schlossman sold 2,263 shares of the business’s stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $156.59, for a total value of $354,363.17. Following the sale, the insider owned 72,390 shares of the company’s stock, valued at $11,335,550.10. The trade was a 3.03% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Kevin Rubin sold 1,682 shares of the business’s stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $156.59, for a total transaction of $263,384.38. Following the completion of the sale, the chief financial officer directly owned 46,479 shares in the company, valued at approximately $7,278,146.61. This represents a 3.49% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 12,130 shares of company stock valued at $1,892,487 over the last quarter. 17.20% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on ZS. Berenberg Bank set a $200.00 price objective on Zscaler in a report on Thursday. Barclays reduced their price objective on Zscaler from $180.00 to $170.00 and set an “overweight” rating for the company in a report on Wednesday, May 27th. KeyCorp boosted their price objective on Zscaler from $160.00 to $190.00 and gave the stock an “overweight” rating in a report on Monday, May 18th. B. Riley Financial reduced their price objective on Zscaler from $225.00 to $215.00 and set a “buy” rating for the company in a report on Wednesday, May 27th. Finally, Mizuho reduced their price objective on Zscaler from $210.00 to $185.00 and set an “outperform” rating for the company in a report on Wednesday, May 27th. Thirty-three research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Zscaler presently has an average rating of “Moderate Buy” and an average target price of $216.03.

Zscaler News Roundup

Here are the key news stories impacting Zscaler this week:

• Positive Sentiment: Guggenheim upgraded Zscaler to Buy from Neutral, saying the recent selloff has created an attractive entry point and suggesting as much as 40% upside from current levels. Zscaler jumps 10% after Guggenheim upgrade signals 40% upside
• Positive Sentiment: Wall Street commentary has turned more constructive on the stock, with reports highlighting investor confidence in Zscaler’s AI-related growth narrative after the recent pullback. Zscaler stock surges. Wall Street is buying the company’s ‘trust me story’ on AI.
• Positive Sentiment: Unusually large options activity showed traders buying far more call options than normal, signaling speculation on further upside.
• Neutral Sentiment: Zscaler remains a heavily watched stock today, with multiple articles noting increased investor attention and broad market discussion around the name. Zscaler, Inc. (ZS) Is a Trending Stock: Facts to Know Before Betting on It
• Negative Sentiment: A shareholder investigation announcement from Johnson Fistel may keep some pressure on sentiment by renewing concern over prior losses and possible securities-law claims. Zscaler, Inc. Shareholders Are Encouraged to Reach Out to Johnson Fistel for More Information about Potentially Recovering Their Losses
• Negative Sentiment: Recent coverage also reminded investors that the stock had previously fallen sharply after earnings despite beating estimates, underscoring lingering concerns about growth expectations. Why Zscaler Stock Plummeted This Week

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.