VIRGINIA RETIREMENT SYSTEMS ET Al Acquires New Shares in Zscaler, Inc. $ZS

VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in shares of Zscaler, Inc. (NASDAQ:ZS) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 25,422 shares of the company’s stock, valued at approximately $3,588,000.

Several other large investors also recently bought and sold shares of the company. Integrated Wealth Concepts LLC increased its stake in shares of Zscaler by 19.9% during the 1st quarter. Integrated Wealth Concepts LLC now owns 1,439 shares of the company’s stock worth $285,000 after purchasing an additional 239 shares in the last quarter. NewEdge Advisors LLC lifted its holdings in shares of Zscaler by 8.2% during the 1st quarter. NewEdge Advisors LLC now owns 4,899 shares of the company’s stock worth $972,000 after acquiring an additional 370 shares during the period. Empowered Funds LLC boosted its holdings in shares of Zscaler by 9.2% in the 1st quarter. Empowered Funds LLC now owns 2,811 shares of the company’s stock valued at $558,000 after purchasing an additional 238 shares during the last quarter. Sivia Capital Partners LLC purchased a new position in shares of Zscaler in the 2nd quarter worth $252,000. Finally, Jump Financial LLC purchased a new position in shares of Zscaler in the 2nd quarter worth $3,019,000. Institutional investors and hedge funds own 46.45% of the company’s stock.

Analyst Ratings Changes

ZS has been the subject of several research analyst reports. Cantor Fitzgerald restated an “overweight” rating and set a $225.00 price target on shares of Zscaler in a research note on Friday, September 4th. Guggenheim reiterated a “buy” rating and set a $214.00 target price on shares of Zscaler in a report on Friday, September 4th. Weiss Ratings upgraded shares of Zscaler from a “sell (e+)” rating to a “sell (d-)” rating in a report on Thursday, August 27th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Zscaler in a research report on Friday, September 4th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Zscaler from $205.00 to $215.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 26th. Thirty-four research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $216.65.

More Zscaler News

Here are the key news stories impacting Zscaler this week:

• Positive Sentiment: Strong fourth-quarter performance: Zscaler reported fiscal Q4 revenue of approximately $898.2 million, up 25% year over year and above expectations. Annual recurring revenue reached $3.771 billion, also up 25%, while adjusted EPS exceeded consensus estimates. Zscaler Q4 2026 Earnings Call Transcript
• Positive Sentiment: AI security product launch: Zscaler introduced Agentic SOC, which combines its zero-trust telemetry with specialized AI agents to detect, investigate and respond to threats at machine speed. The platform uses models from OpenAI and Anthropic, strengthening Zscaler’s positioning in automated enterprise security. Zscaler launches Agentic SOC
• Positive Sentiment: Customer adoption indicators remain favorable: Z-Flex generated more than $1.7 billion in fiscal 2026 total contract value and helped lift customer ARR nearly 30%, suggesting flexible contracting may broaden adoption of Zscaler’s platform. Zscaler Z-Flex analysis
• Neutral Sentiment: Industry AI-security enthusiasm: Cloudflare’s separate OpenAI security partnership sparked broad interest in AI-related cybersecurity stocks, providing a favorable backdrop for Zscaler even though the partnership does not directly involve Zscaler. Cloudflare OpenAI security partnership
• Negative Sentiment: Growth and profitability concerns: Analysts have pointed to decelerating revenue and ARR growth, increased capital spending and weaker cash-flow margins. A planned workforce reduction may improve efficiency but also signals that management is taking steps to control costs amid a more challenging growth outlook. Zscaler stock outlook analysis

Zscaler Price Performance

ZS stock opened at $166.10 on Thursday. The firm has a market cap of $27.08 billion, a P/E ratio of -425.90, a price-to-earnings-growth ratio of 61.32 and a beta of 0.95. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.70 and a current ratio of 1.70. Zscaler, Inc. has a 1 year low of $114.63 and a 1 year high of $336.99. The stock has a 50-day simple moving average of $162.71 and a 200-day simple moving average of $150.23.

Zscaler (NASDAQ:ZS) last released its quarterly earnings results on Thursday, September 3rd. The company reported $1.19 EPS for the quarter, topping the consensus estimate of $1.09 by $0.10. The firm had revenue of $898.19 million for the quarter, compared to analyst estimates of $876.96 million. Zscaler had a positive return on equity of 1.23% and a negative net margin of 1.88%.Zscaler’s revenue for the quarter was up 24.9% on a year-over-year basis. During the same period in the previous year, the company posted $0.89 EPS. Zscaler has set its FY 2027 guidance at 4.860-4.900 EPS and its Q1 2027 guidance at 1.150-1.160 EPS. On average, equities analysts predict that Zscaler, Inc. will post 0.19 earnings per share for the current fiscal year.

Insider Activity

In other Zscaler news, CFO Kevin Rubin sold 503 shares of the business’s stock in a transaction on Tuesday, August 25th. The shares were sold at an average price of $173.38, for a total value of $87,210.14. Following the transaction, the chief financial officer owned 40,895 shares in the company, valued at $7,090,375.10. The trade was a 1.22% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Adam Geller sold 2,817 shares of the business’s 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 completion of the transaction, the insider owned 42,314 shares in the company, valued at approximately $5,187,696.40. This trade represents a 6.24% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 16,772 shares of company stock worth $2,139,799. Corporate insiders own 17.20% of the company’s stock.

About Zscaler

Zscaler, Inc is a cloud-native cybersecurity company that provides security services designed to help organizations connect users, devices, applications and workloads securely over the internet. Its platform is built around a zero-trust security model, which verifies access based on identity, context and policy rather than relying primarily on a traditional corporate network perimeter.

The company’s offerings include Zscaler Internet Access, which secures access to internet and software-as-a-service applications, and Zscaler Private Access, which provides secure, policy-based access to private applications without requiring conventional virtual private networks.