Emerald Advisers LLC Has $978,000 Stock Position in Zscaler, Inc. $ZS

Emerald Advisers LLC boosted its position in Zscaler, Inc. (NASDAQ:ZS) by 1.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 3,116 shares of the company’s stock after acquiring an additional 57 shares during the period. Emerald Advisers LLC’s holdings in Zscaler were worth $978,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. SVB Wealth LLC bought a new stake in Zscaler during the first quarter worth $26,000. N.E.W. Advisory Services LLC purchased a new position in Zscaler during the first quarter worth about $29,000. Quaker Wealth Management LLC lifted its stake in Zscaler by 200.0% during the second quarter. Quaker Wealth Management LLC now owns 97 shares of the company’s stock worth $30,000 after purchasing an additional 194 shares during the last quarter. Exane Asset Management lifted its stake in Zscaler by 185.7% during the second quarter. Exane Asset Management now owns 100 shares of the company’s stock worth $31,000 after purchasing an additional 65 shares during the last quarter. Finally, Whittier Trust Co. bought a new stake in shares of Zscaler in the 1st quarter valued at about $33,000. Institutional investors own 46.45% of the company’s stock.

Zscaler Price Performance

NASDAQ:ZS opened at $320.96 on Thursday. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.95. The business’s 50-day simple moving average is $293.54 and its two-hundred day simple moving average is $278.60. The stock has a market cap of $50.81 billion, a PE ratio of -1,188.74 and a beta of 1.06. Zscaler, Inc. has a 52 week low of $164.78 and a 52 week high of $329.30.

Zscaler (NASDAQ:ZS) last posted its quarterly earnings results on Tuesday, September 2nd. The company reported $0.89 EPS for the quarter, beating analysts’ consensus estimates of $0.80 by $0.09. The business had revenue of $719.23 million for the quarter, compared to analysts’ expectations of $707.15 million. Zscaler had a negative return on equity of 0.47% and a negative net margin of 1.55%.The business’s quarterly revenue was up 21.3% on a year-over-year basis. During the same period last year, the firm earned $0.88 earnings per share. Zscaler has set its FY 2026 guidance at 3.640-3.680 EPS. Q1 2026 guidance at 0.850-0.860 EPS. As a group, analysts forecast that Zscaler, Inc. will post -0.1 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages recently issued reports on ZS. Wall Street Zen downgraded Zscaler from a “buy” rating to a “hold” rating in a report on Saturday, October 18th. Piper Sandler upped their target price on Zscaler from $260.00 to $280.00 and gave the stock a “neutral” rating in a report on Wednesday, September 3rd. B. Riley began coverage on Zscaler in a research note on Tuesday, August 26th. They issued a “neutral” rating and a $275.00 price target on the stock. Robert W. Baird upped their price target on Zscaler from $330.00 to $345.00 and gave the stock an “outperform” rating in a research note on Wednesday, September 3rd. Finally, Scotiabank cut their price target on Zscaler from $360.00 to $334.00 and set a “sector outperform” rating on the stock in a research note on Wednesday, September 3rd. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $307.86.

Insider Buying and Selling

In related news, CEO Jagtar Singh Chaudhry sold 2,865 shares of Zscaler stock in a transaction dated Tuesday, September 16th. The stock was sold at an average price of $280.70, for a total value of $804,205.50. Following the completion of the transaction, the chief executive officer owned 350,700 shares in the company, valued at approximately $98,441,490. This trade represents a 0.81% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Adam Geller sold 11,193 shares of Zscaler stock in a transaction dated Tuesday, September 16th. The stock was sold at an average price of $280.70, for a total value of $3,141,875.10. Following the completion of the transaction, the insider owned 53,942 shares of the company’s stock, valued at approximately $15,141,519.40. This represents a 17.18% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 43,084 shares of company stock worth $12,446,825. Insiders own 18.10% of the company’s stock.

Zscaler Company Profile

Zscaler, Inc operates as a cloud security company worldwide. The company offers Zscaler Internet Access solution that provides users, workloads, IoT, and OT devices secure access to externally managed applications, including software-as-a-service (SaaS) applications and internet destinations; and Zscaler Private Access solution, which is designed to provide access to managed applications hosted internally in data centers, and private or public clouds.