Zscaler, Inc. $ZS Shares Newly Acquired by MBL Wealth LLC

MBL Wealth LLC acquired a new position in shares of Zscaler, Inc. (NASDAQ:ZS) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 4,609 shares of the company’s stock, valued at approximately $919,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ZS. Burkett Financial Services LLC bought a new position in shares of Zscaler in the 3rd quarter valued at about $27,000. Activest Wealth Management lifted its holdings in Zscaler by 1,281.8% in the third quarter. Activest Wealth Management now owns 152 shares of the company’s stock valued at $30,000 after buying an additional 141 shares during the period. POM Investment Strategies LLC lifted its holdings in Zscaler by 92.9% in the second quarter. POM Investment Strategies LLC now owns 218 shares of the company’s stock valued at $31,000 after buying an additional 105 shares during the period. Elevation Wealth Partners LLC boosted its stake in Zscaler by 84.3% in the third quarter. Elevation Wealth Partners LLC now owns 153 shares of the company’s stock valued at $31,000 after acquiring an additional 70 shares during the last quarter. Finally, Fortitude Family Office LLC boosted its stake in Zscaler by 2,466.7% in the third quarter. Fortitude Family Office LLC now owns 154 shares of the company’s stock valued at $31,000 after acquiring an additional 148 shares during the last quarter. 46.45% of the stock is owned by institutional investors.

Zscaler Stock Up 7.3%

Shares of NASDAQ:ZS opened at $255.15 on Friday. Zscaler, Inc. has a 52 week low of $114.63 and a 52 week high of $336.99. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.70 and a current ratio of 1.70. The company has a market capitalization of $41.60 billion, a PE ratio of -654.23, a PEG ratio of 22.85 and a beta of 0.94. The company has a 50 day moving average price of $196.94 and a two-hundred day moving average price of $163.22.

Zscaler (NASDAQ:ZS) last announced its quarterly earnings results on Thursday, September 3rd. The company reported $1.19 earnings per share for the quarter, topping analysts’ consensus estimates of $1.09 by $0.10. Zscaler had a negative net margin of 1.88% and a positive return on equity of 1.23%. The company had revenue of $898.19 million for the quarter, compared to analysts’ expectations of $876.96 million. During the same period last year, the firm posted $0.89 earnings per share. The business’s quarterly revenue was up 24.9% compared to the same quarter last year. Zscaler has set its FY 2027 guidance at 4.860-4.900 EPS and its Q1 2027 guidance at 1.150-1.160 EPS. Analysts forecast that Zscaler, Inc. will post 0.69 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have commented on ZS. KeyCorp lifted their target price on shares of Zscaler from $185.00 to $210.00 and gave the stock an “overweight” rating in a report on Friday, August 21st. Barclays increased their price target on Zscaler from $220.00 to $225.00 and gave the company an “overweight” rating in a research note on Wednesday, October 7th. Royal Bank Of Canada restated an “outperform” rating and issued a $236.00 price target on shares of Zscaler in a research report on Wednesday, October 7th. Roth Capital reaffirmed a “neutral” rating and set a $170.00 price objective on shares of Zscaler in a research note on Saturday, September 5th. Finally, BTIG Research reiterated a “neutral” rating on shares of Zscaler in a report on Wednesday, October 7th. Thirty-seven analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Zscaler currently has an average rating of “Moderate Buy” and an average target price of $240.14.

More Zscaler News

Here are the key news stories impacting Zscaler this week:

• Positive Sentiment: Higher price target: Freedom Broker raised its target on Zscaler from $230 to $270 while maintaining a “Buy” rating, citing continued strength across cybersecurity stocks. Freedom Broker raises Zscaler price target
• Positive Sentiment: Data-security growth: Zscaler’s Data Security annual recurring revenue surpassed $500 million and grew more than 30% year over year. Its security tools reportedly appeared in roughly 70% of “Security for AI” deals, supporting expectations for larger enterprise contracts and expansion within existing customers. Zscaler data security growth
• Positive Sentiment: AI partnership narrative: Zscaler is integrating with NVIDIA’s OpenShell architecture to help enterprises secure autonomous AI agents and sensitive data flows, linking its AI-security strategy to customer spending. NVIDIA and Zscaler AI security partnership
• Positive Sentiment: Investor interest: Hightower’s Stephanie Link reportedly purchased Zscaler shares, providing a favorable signal from an institutional investment manager. Hightower buys Zscaler shares
• Neutral Sentiment: Mixed analyst view: DA Davidson initiated coverage with a “Neutral” rating and a $215 target, below recent trading levels, tempering the more optimistic target increases. DA Davidson initiates Zscaler coverage
• Negative Sentiment: Legal investigation: Pomerantz LLP announced an investigation into potential securities-law violations on behalf of Zscaler investors. The development could increase litigation and disclosure risks, although no wrongdoing has been established. Pomerantz investigation of Zscaler

Insiders Place Their Bets

In other Zscaler news, CEO Jagtar Chaudhry sold 2,852 shares of the stock in a transaction dated Wednesday, September 16th. The stock was sold at an average price of $192.76, for a total value of $549,751.52. Following the completion of the sale, the chief executive officer directly owned 340,186 shares in the company, valued at $65,574,253.36. This represents a 0.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Robert Schlossman sold 5,394 shares of the firm’s stock in a transaction dated Monday, September 21st. The stock was sold at an average price of $200.00, for a total value of $1,078,800.00. Following the sale, the insider directly owned 61,525 shares in the company, valued at approximately $12,305,000. This represents a 8.06% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 54,053 shares of company stock valued at $11,256,876. Insiders own 17.20% of the company’s stock.

Zscaler Company Profile

Zscaler, Inc is a cloud-based cybersecurity company that helps organizations secure access to applications, websites, data and other digital resources. Its platform is designed around a zero-trust security model, which verifies users and devices and enforces security policies before granting access, rather than relying primarily on a traditional corporate network perimeter.

The company’s offerings include Zscaler Internet Access, which provides secure access to internet and software-as-a-service applications, and Zscaler Private Access, which enables secure access to private applications without extending an organization’s network to users.