Oddo BHF Asset Management Sas Acquires 34,524 Shares of Zscaler, Inc. $ZS

Oddo BHF Asset Management Sas raised its holdings in shares of Zscaler, Inc. (NASDAQ:ZS) by 124.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 62,195 shares of the company’s stock after acquiring an additional 34,524 shares during the quarter. Oddo BHF Asset Management Sas’ holdings in Zscaler were worth $13,989,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of ZS. Vanguard Group Inc. grew its position in shares of Zscaler by 0.5% during the fourth quarter. Vanguard Group Inc. now owns 11,423,424 shares of the company’s stock valued at $2,569,357,000 after purchasing an additional 55,521 shares in the last quarter. Groupama Asset Managment grew its position in shares of Zscaler by 76,352.6% during the third quarter. Groupama Asset Managment now owns 4,750,000 shares of the company’s stock valued at $1,423,385,000 after purchasing an additional 4,743,787 shares in the last quarter. First Trust Advisors LP grew its position in shares of Zscaler by 15.9% during the fourth quarter. First Trust Advisors LP now owns 2,582,897 shares of the company’s stock valued at $580,945,000 after purchasing an additional 354,763 shares in the last quarter. State Street Corp grew its position in shares of Zscaler by 3.4% during the fourth quarter. State Street Corp now owns 2,337,604 shares of the company’s stock valued at $525,774,000 after purchasing an additional 77,800 shares in the last quarter. Finally, Geode Capital Management LLC grew its position in shares of Zscaler by 5.0% during the fourth quarter. Geode Capital Management LLC now owns 2,069,630 shares of the company’s stock valued at $464,783,000 after purchasing an additional 98,140 shares in the last quarter. 46.45% of the stock is owned by institutional investors.

Insider Activity at Zscaler

In other Zscaler news, Director James A. Beer sold 177 shares of the business’s stock in a transaction that occurred on Wednesday, March 18th. The stock was sold at an average price of $153.53, for a total transaction of $27,174.81. Following the completion of the transaction, the director owned 4,384 shares in the company, valued at $673,075.52. The trade was a 3.88% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Adam Geller sold 2,094 shares of the business’s stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $153.53, for a total value of $321,491.82. Following the transaction, the insider owned 46,949 shares of the company’s stock, valued at $7,208,079.97. This trade represents a 4.27% decrease in their position. The disclosure for this sale is available in the SEC filing. 17.20% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on ZS shares. Canaccord Genuity Group restated a “buy” rating and set a $210.00 price objective on shares of Zscaler in a research report on Thursday, June 11th. Wolfe Research restated an “outperform” rating and set a $150.00 price objective on shares of Zscaler in a research report on Thursday. Rosenblatt Securities restated a “buy” rating and set a $200.00 price objective on shares of Zscaler in a research report on Wednesday, June 10th. Truist Financial set a $210.00 price objective on Zscaler in a research report on Wednesday, May 27th. Finally, Deutsche Bank Aktiengesellschaft cut their price objective on Zscaler from $185.00 to $175.00 and set a “buy” rating for the company in a research report on Wednesday, May 27th. Thirty-four investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Zscaler currently has a consensus rating of “Moderate Buy” and a consensus target price of $214.33.

Zscaler Trading Up 0.7%

ZS opened at $130.42 on Tuesday. The firm has a market cap of $21.09 billion, a P/E ratio of -271.70, a P/E/G ratio of 80.98 and a beta of 0.97. Zscaler, Inc. has a 12 month low of $114.63 and a 12 month high of $336.99. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.72. The stock has a 50-day moving average of $142.38 and a 200 day moving average of $175.99.

Zscaler (NASDAQ:ZS) last announced its earnings results on Tuesday, May 26th. The company reported $1.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.01 by $0.07. Zscaler had a negative return on equity of 0.37% and a negative net margin of 2.44%.The business had revenue of $850.48 million during the quarter, compared to analyst estimates of $835.14 million. During the same quarter in the previous year, the business earned $0.84 earnings per share. The company’s revenue for the quarter was up 25.4% compared to the same quarter last year. Zscaler has set its Q4 2026 guidance at 1.080-1.090 EPS and its FY 2026 guidance at 4.100-4.110 EPS. As a group, research analysts forecast that Zscaler, Inc. will post 0.11 EPS for the current year.

About Zscaler

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.