Evolutionary Tree Capital Management LLC Has $2.16 Million Stock Position in Zscaler, Inc. $ZS

Evolutionary Tree Capital Management LLC cut its stake in Zscaler, Inc. (NASDAQ:ZS) by 10.3% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,876 shares of the company’s stock after selling 793 shares during the period. Zscaler makes up approximately 2.3% of Evolutionary Tree Capital Management LLC’s holdings, making the stock its 19th biggest position. Evolutionary Tree Capital Management LLC’s holdings in Zscaler were worth $2,159,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Avantax Advisory Services Inc. grew its holdings in shares of Zscaler by 44.1% during the 1st quarter. Avantax Advisory Services Inc. now owns 5,236 shares of the company’s stock worth $1,039,000 after purchasing an additional 1,602 shares in the last quarter. Mackenzie Financial Corp boosted its stake in Zscaler by 17.9% during the first quarter. Mackenzie Financial Corp now owns 6,326 shares of the company’s stock worth $1,255,000 after buying an additional 960 shares in the last quarter. Meeder Advisory Services Inc. bought a new stake in Zscaler in the 1st quarter valued at $295,000. N.E.W. Advisory Services LLC acquired a new position in shares of Zscaler in the 1st quarter valued at $29,000. Finally, Vestcor Inc lifted its holdings in shares of Zscaler by 34.9% during the 1st quarter. Vestcor Inc now owns 2,044 shares of the company’s stock worth $406,000 after acquiring an additional 529 shares during the period. Institutional investors and hedge funds own 46.45% of the company’s stock.

Insider Transactions at Zscaler

In other Zscaler news, insider Adam Geller sold 10,464 shares of the business’s stock in a transaction dated Wednesday, September 17th. The stock was sold at an average price of $284.25, for a total transaction of $2,974,392.00. Following the completion of the sale, the insider directly owned 43,478 shares of the company’s stock, valued at approximately $12,358,621.50. The trade was a 19.40% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Robert Schlossman sold 3,200 shares of the firm’s stock in a transaction dated Friday, October 24th. The shares were sold at an average price of $325.00, for a total transaction of $1,040,000.00. Following the completion of the transaction, the insider directly owned 80,086 shares in the company, valued at $26,027,950. This trade represents a 3.84% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 43,084 shares of company stock worth $12,446,825. Insiders own 18.10% of the company’s stock.

Wall Street Analysts Forecast Growth

ZS has been the topic of a number of analyst reports. Capital One Financial set a $320.00 target price on shares of Zscaler and gave the company an “overweight” rating in a research note on Wednesday. Susquehanna increased their target price on Zscaler from $320.00 to $340.00 and gave the stock a “positive” rating in a report on Wednesday, September 3rd. Morgan Stanley boosted their price target on Zscaler from $320.00 to $335.00 and gave the company an “overweight” rating in a research note on Thursday, November 13th. JMP Securities reiterated a “market outperform” rating and set a $355.00 price objective on shares of Zscaler in a research note on Wednesday, September 3rd. Finally, Citizens Jmp reissued a “market outperform” rating and set a $355.00 price objective on shares of Zscaler in a report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Zscaler currently has a consensus rating of “Moderate Buy” and an average price target of $316.56.

Zscaler Trading Down 0.3%

ZS opened at $251.28 on Friday. Zscaler, Inc. has a 1-year low of $164.78 and a 1-year high of $336.99. The stock has a market capitalization of $40.07 billion, a PE ratio of -966.42 and a beta of 1.06. The company has a current ratio of 1.82, a quick ratio of 2.01 and a debt-to-equity ratio of 0.86. The firm has a 50-day moving average price of $303.63 and a two-hundred day moving average price of $291.00.

Zscaler (NASDAQ:ZS) last released its quarterly earnings results on Tuesday, November 25th. The company reported $0.96 EPS for the quarter, beating the consensus estimate of $0.85 by $0.11. Zscaler had a negative net margin of 1.45% and a negative return on equity of 0.12%. The business had revenue of $788.11 million for the quarter, compared to analysts’ expectations of $773.86 million. During the same period in the prior year, the firm earned $0.77 earnings per share. Zscaler’s revenue was up 25.5% compared to the same quarter last year. Zscaler has set its FY 2026 guidance at 3.780-3.820 EPS. Q2 2026 guidance at 0.890-0.900 EPS. As a group, equities analysts anticipate that Zscaler, Inc. will post -0.1 earnings per share for the current fiscal year.

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.