Howe & Rusling Inc. Increases Stock Position in Zscaler, Inc. $ZS

Howe & Rusling Inc. raised its stake in shares of Zscaler, Inc. (NASDAQ:ZS) by 32.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 27,916 shares of the company’s stock after purchasing an additional 6,873 shares during the quarter. Howe & Rusling Inc.’s holdings in Zscaler were worth $3,916,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of ZS. Vanguard Group Inc. increased its holdings in shares of Zscaler by 0.5% in the 4th quarter. Vanguard Group Inc. now owns 11,423,424 shares of the company’s stock worth $2,569,357,000 after buying an additional 55,521 shares during the last quarter. Groupama Asset Managment raised its position in shares of Zscaler by 76,352.6% during the 3rd quarter. Groupama Asset Managment now owns 4,750,000 shares of the company’s stock valued at $1,423,385,000 after buying an additional 4,743,787 shares in the last quarter. First Trust Advisors LP lifted its holdings in shares of Zscaler by 15.9% during the 4th quarter. First Trust Advisors LP now owns 2,582,897 shares of the company’s stock worth $580,945,000 after acquiring an additional 354,763 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its holdings in shares of Zscaler by 43.3% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 2,572,358 shares of the company’s stock worth $578,576,000 after acquiring an additional 777,414 shares during the last quarter. Finally, State Street Corp lifted its holdings in shares of Zscaler by 3.4% during the 4th quarter. State Street Corp now owns 2,337,604 shares of the company’s stock worth $525,774,000 after acquiring an additional 77,800 shares during the last quarter. Hedge funds and other institutional investors own 46.45% of the company’s stock.

Zscaler Price Performance

ZS stock opened at $147.33 on Friday. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.86 and a current ratio of 1.86. Zscaler, Inc. has a 52 week low of $114.63 and a 52 week high of $336.99. The firm’s fifty day moving average is $142.26 and its 200 day moving average is $165.51. The firm has a market cap of $23.82 billion, a P/E ratio of -306.93, a P/E/G ratio of 92.11 and a beta of 0.96.

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

Insider Buying and Selling

In other news, 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 value of $345,364.20. Following the transaction, the insider owned 42,314 shares in the company, valued at approximately $5,187,696.40. The trade was a 6.24% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jagtar Singh Chaudhry sold 2,878 shares of the business’s stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $126.43, for a total value of $363,865.54. Following the completion of the sale, the chief executive officer directly owned 343,038 shares of the company’s stock, valued at approximately $43,370,294.34. This trade represents a 0.83% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 15,644 shares of company stock valued at $1,960,287 over the last three months. 17.20% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research firms recently commented on ZS. Evercore set a $155.00 target price on Zscaler and gave the company an “in-line” rating in a research note on Wednesday, May 27th. Canaccord Genuity Group reaffirmed a “buy” rating and set a $210.00 price target on shares of Zscaler in a research note on Thursday, June 11th. Citigroup reiterated a “market outperform” rating on shares of Zscaler in a report on Wednesday, May 27th. Stephens reiterated an “overweight” rating and issued a $200.00 price objective on shares of Zscaler in a report on Friday, June 12th. Finally, Barclays reduced their price objective on Zscaler from $180.00 to $170.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 27th. 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 has an average rating of “Moderate Buy” and an average target price of $213.97.

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.