Van ECK Associates Corp Has $715,000 Stock Holdings in Zscaler, Inc. $ZS

Van ECK Associates Corp trimmed its position in Zscaler, Inc. (NASDAQ:ZS) by 46.9% during the second quarter, Holdings Channel reports. The firm owned 5,069 shares of the company’s stock after selling 4,486 shares during the quarter. Van ECK Associates Corp’s holdings in Zscaler were worth $715,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of ZS. Binnacle Investments Inc bought a new position in Zscaler during the third quarter worth about $25,000. AlphaCentric Advisors LLC bought a new stake in Zscaler in the fourth quarter valued at approximately $29,000. University of Texas Texas AM Investment Management Co. bought a new stake in Zscaler in the fourth quarter valued at approximately $30,000. Mcguire Capital Advisors Inc. acquired a new stake in shares of Zscaler in the fourth quarter valued at approximately $32,000. Finally, Strive Financial Group LLC acquired a new stake in shares of Zscaler in the fourth quarter valued at approximately $39,000. 46.45% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Zscaler

Here are the key news stories impacting Zscaler this week:

• Positive Sentiment: Strong fiscal fourth-quarter results: Zscaler reported adjusted EPS of $1.19 versus the $1.09 consensus and revenue of $898.2 million versus $877.0 million expected. Revenue and annual recurring revenue (ARR) each increased 25% year over year, while non-GAAP operating margin reached a record 24%. Zscaler Announces Strong Fourth Quarter and Fiscal 2026 Financial Results
• Positive Sentiment: AI and platform demand remain catalysts: Management highlighted growing demand for Security for AI, Agentic SecOps, non-seat-based products and large enterprise deals. Analysts including Baird, Stephens, Needham, Canaccord and Cantor raised price targets, generally citing the earnings beat and potential for conservative guidance to be exceeded. Zscaler Analysts Boost Their Forecasts After Better-Than-Expected Q4 Earnings
• Neutral Sentiment: Analyst opinion is divided: Some analysts called the fiscal 2027 outlook overly cautious and maintained bullish ratings, while others noted that the forecast reflects competitive pressure, the Red Canary acquisition and a more measured growth profile.
• Negative Sentiment: Fiscal 2027 growth is expected to decelerate: Zscaler guided for revenue growth of 16.6% to 17.5% and ARR growth of 16.6% to 17.4%, well below the 25% growth delivered in fiscal 2026. The slower outlook overshadowed the quarterly beat and renewed valuation concerns for high-growth cybersecurity stocks. Zscaler Fiscal 2027 Growth Forecast
• Negative Sentiment: Free cash flow weakened sharply: Fourth-quarter free cash flow fell 65% year over year to $60.8 million, versus approximately $66.9 million expected, as capital expenditures and internal-use software spending increased. Zscaler also announced a restructuring affecting about 3% of its workforce, adding execution concerns. Zscaler Shares Fall Despite Earnings Beat

Insider Buying and Selling at Zscaler

In related news, CFO Kevin Rubin sold 3,000 shares of the firm’s stock in a transaction dated Thursday, June 25th. The shares were sold at an average price of $124.22, for a total transaction of $372,660.00. Following the transaction, the chief financial officer directly owned 41,901 shares of the company’s stock, valued at approximately $5,204,942.22. This trade represents a 6.68% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Adam Geller sold 2,817 shares of Zscaler stock in a transaction dated Monday, June 22nd. The stock was sold at an average price of $122.60, for a total transaction of $345,364.20. Following the completion of the sale, the insider owned 42,314 shares of the company’s stock, valued at $5,187,696.40. This trade represents a 6.24% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 16,772 shares of company stock valued at $2,139,799. 17.20% of the stock is currently owned by insiders.

Zscaler Stock Performance

NASDAQ:ZS opened at $169.80 on Friday. The stock has a 50 day simple moving average of $161.26 and a 200 day simple moving average of $150.53. The stock has a market cap of $27.46 billion, a P/E ratio of -435.38, a PEG ratio of 104.65 and a beta of 0.95. Zscaler, Inc. has a 1-year low of $114.63 and a 1-year 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.

Zscaler (NASDAQ:ZS) last issued its quarterly earnings data on Thursday, September 3rd. The company reported $1.19 EPS for the quarter, beating analysts’ consensus estimates of $1.09 by $0.10. The firm had revenue of $898.19 million for the quarter, compared to analyst estimates of $876.96 million. Zscaler had a positive return on equity of 1.29% and a negative net margin of 1.88%.The company’s revenue for the quarter was up 24.9% on a year-over-year basis. During the same period in the prior year, the firm posted $0.89 EPS. Zscaler has set its FY 2027 guidance at 4.860-4.900 EPS and its Q1 2027 guidance at 1.150-1.160 EPS. Research analysts anticipate that Zscaler, Inc. will post 0.13 earnings per share for the current year.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the company. Citigroup reissued a “market outperform” rating on shares of Zscaler in a report on Wednesday, May 27th. Scotiabank reaffirmed an “outperform” rating on shares of Zscaler in a report on Friday. Wells Fargo & Company lifted their price objective on shares of Zscaler from $210.00 to $215.00 and gave the stock an “overweight” rating in a research report on Friday. Morgan Stanley upped their price objective on shares of Zscaler from $145.00 to $165.00 and gave the company an “equal weight” rating in a report on Friday. Finally, Guggenheim reissued a “buy” rating and issued a $214.00 price objective on shares of Zscaler in a research report on Friday. Thirty-four analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $217.08.

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.