Left Brain Wealth Management LLC Buys Shares of 3,288 Zscaler, Inc. $ZS

Left Brain Wealth Management LLC purchased a new stake in Zscaler, Inc. (NASDAQ:ZS) during the second quarter, according to its most recent filing with the SEC. The firm purchased 3,288 shares of the company’s stock, valued at approximately $1,032,000.

Other hedge funds have also recently made changes to their positions in the company. Brookstone Capital Management acquired a new stake in Zscaler in the second quarter valued at approximately $283,000. Parisi Gray Wealth Management purchased a new stake in shares of Zscaler during the 2nd quarter valued at $801,000. GGM Financials LLC acquired a new stake in shares of Zscaler in the 2nd quarter worth $5,811,000. Ensign Peak Advisors Inc boosted its position in shares of Zscaler by 9.9% in the 2nd quarter. Ensign Peak Advisors Inc now owns 395,391 shares of the company’s stock worth $124,129,000 after purchasing an additional 35,770 shares in the last quarter. Finally, Howe & Rusling Inc. grew its stake in Zscaler by 17.1% during the 1st quarter. Howe & Rusling Inc. now owns 24,672 shares of the company’s stock worth $4,895,000 after buying an additional 3,611 shares during the last quarter. 46.45% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, CEO Jagtar Singh Chaudhry sold 2,865 shares of Zscaler stock in a transaction that occurred on Tuesday, September 16th. The shares were sold at an average price of $280.70, for a total transaction of $804,205.50. Following the completion of the transaction, the chief executive officer directly owned 350,700 shares of the company’s stock, valued at $98,441,490. The trade was a 0.81% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Adam Geller sold 11,193 shares of the business’s stock in a transaction on Tuesday, September 16th. The shares were sold at an average price of $280.70, for a total transaction 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 43,084 shares of company stock valued at $12,446,825. Insiders own 18.10% of the company’s stock.

Zscaler Trading Down 1.7%

NASDAQ ZS opened at $275.01 on Friday. Zscaler, Inc. has a 1 year low of $164.78 and a 1 year high of $336.99. The company has a debt-to-equity ratio of 0.95, a current ratio of 2.01 and a quick ratio of 2.01. The company has a market capitalization of $43.53 billion, a PE ratio of -1,018.56 and a beta of 1.06. The company has a fifty day moving average of $305.77 and a 200 day moving average of $290.35.

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

Analyst Ratings Changes

Several brokerages have weighed in on ZS. Wall Street Zen downgraded Zscaler from a “buy” rating to a “hold” rating in a report on Saturday, October 18th. UBS Group decreased their price target on shares of Zscaler from $365.00 to $350.00 and set a “buy” rating for the company in a report on Wednesday, September 3rd. JPMorgan Chase & Co. lifted their price objective on shares of Zscaler from $348.00 to $351.00 and gave the stock an “overweight” rating in a research note on Wednesday, September 3rd. Morgan Stanley upped their target price on Zscaler from $320.00 to $335.00 and gave the company an “overweight” rating in a research report on Thursday, November 13th. Finally, Bank of America raised their target price on Zscaler from $340.00 to $355.00 and gave the stock a “buy” rating in a research note on Monday, October 20th. One analyst has rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Zscaler has an average rating of “Moderate Buy” and an average price target of $316.65.

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.