J. Safra Sarasin Holding AG Acquires 623 Shares of Zscaler, Inc. $ZS

J. Safra Sarasin Holding AG grew its holdings in shares of Zscaler, Inc. (NASDAQ:ZS) by 2.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 25,228 shares of the company’s stock after acquiring an additional 623 shares during the quarter. J. Safra Sarasin Holding AG’s holdings in Zscaler were worth $7,920,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Exane Asset Management increased its holdings in shares of Zscaler by 185.7% in the 2nd quarter. Exane Asset Management now owns 100 shares of the company’s stock worth $31,000 after buying an additional 65 shares during the last quarter. Kozak & Associates Inc. purchased a new position in shares of Zscaler during the 2nd quarter valued at about $35,000. ORG Partners LLC lifted its position in Zscaler by 284.8% in the 1st quarter. ORG Partners LLC now owns 127 shares of the company’s stock worth $26,000 after buying an additional 94 shares during the last quarter. SVB Wealth LLC purchased a new stake in Zscaler in the first quarter worth approximately $26,000. Finally, Goodman Advisory Group LLC bought a new position in Zscaler during the first quarter valued at approximately $29,000. Hedge funds and other institutional investors own 46.45% of the company’s stock.

Insider Transactions at Zscaler

In related news, insider Adam Geller sold 10,464 shares of the company’s stock in a transaction on Wednesday, September 17th. The stock was sold at an average price of $284.25, for a total value of $2,974,392.00. Following the sale, the insider directly owned 43,478 shares of the company’s stock, valued at $12,358,621.50. This represents a 19.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Robert Schlossman sold 7,006 shares of the company’s stock in a transaction dated Thursday, October 2nd. The stock was sold at an average price of $305.57, for a total transaction of $2,140,823.42. Following the completion of the sale, the insider directly owned 76,132 shares in the company, valued at $23,263,655.24. This represents a 8.43% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 39,884 shares of company stock valued at $11,406,825. Company insiders own 18.10% of the company’s stock.

Zscaler Price Performance

Shares of Zscaler stock opened at $307.58 on Friday. The company has a market cap of $48.69 billion, a PE ratio of -1,139.19 and a beta of 1.06. The business has a 50 day moving average of $281.80 and a 200 day moving average of $262.84. Zscaler, Inc. has a 52 week low of $164.78 and a 52 week high of $318.46. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.95.

Zscaler (NASDAQ:ZS) last issued its quarterly earnings data on Tuesday, September 2nd. The company reported $0.89 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.80 by $0.09. Zscaler had a negative net margin of 1.55% and a negative return on equity of 0.47%. The business had revenue of $719.23 million for the quarter, compared to the consensus estimate of $707.15 million. During the same period in the previous year, the firm earned $0.88 EPS. The company’s quarterly revenue was up 21.3% compared to the same quarter last year. 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, equities research analysts forecast that Zscaler, Inc. will post -0.1 earnings per share for the current year.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on ZS shares. B. Riley assumed coverage on shares of Zscaler in a research note on Tuesday, August 26th. They issued a “neutral” rating and a $275.00 price objective for the company. Cantor Fitzgerald restated an “overweight” rating and set a $340.00 price target on shares of Zscaler in a research report on Wednesday, September 3rd. Susquehanna raised their price objective on Zscaler from $320.00 to $340.00 and gave the company a “positive” rating in a research note on Wednesday, September 3rd. BMO Capital Markets increased their target price on Zscaler from $295.00 to $315.00 and gave the company an “outperform” rating in a report on Wednesday, September 3rd. Finally, BTIG Research reaffirmed a “buy” rating on shares of Zscaler in a research note on Thursday, July 10th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Zscaler currently has a consensus rating of “Moderate Buy” and an average price target of $307.43.

Zscaler 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.