Zscaler, Inc. $ZS Shares Sold by EFG Asset Management Americas Corp.

EFG Asset Management Americas Corp. reduced its stake in Zscaler, Inc. (NASDAQ:ZS) by 4.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,767 shares of the company’s stock after selling 395 shares during the period. EFG Asset Management Americas Corp.’s holdings in Zscaler were worth $2,734,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of ZS. SVB Wealth LLC purchased a new stake in Zscaler during the 1st quarter worth about $26,000. N.E.W. Advisory Services LLC purchased a new stake in shares of Zscaler during the first quarter worth approximately $29,000. Quaker Wealth Management LLC raised its holdings in Zscaler by 200.0% in the second quarter. Quaker Wealth Management LLC now owns 97 shares of the company’s stock valued at $30,000 after acquiring an additional 194 shares in the last quarter. Exane Asset Management lifted its stake in Zscaler by 185.7% in the second quarter. Exane Asset Management now owns 100 shares of the company’s stock worth $31,000 after acquiring an additional 65 shares during the last quarter. Finally, Bayforest Capital Ltd acquired a new position in Zscaler during the 1st quarter worth approximately $34,000. 46.45% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other Zscaler news, insider Adam Geller sold 10,464 shares of Zscaler stock in a transaction that occurred 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 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 Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Robert Schlossman sold 3,200 shares of the company’s stock in a transaction on Friday, October 24th. The stock was sold at an average price of $325.00, for a total transaction of $1,040,000.00. Following the transaction, the insider directly owned 80,086 shares in the company, valued at approximately $26,027,950. This trade represents a 3.84% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 43,084 shares of company stock worth $12,446,825 in the last three months. 18.10% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on ZS shares. Bank of America raised their price objective on shares of Zscaler from $340.00 to $355.00 and gave the company a “buy” rating in a report on Monday, October 20th. Evercore ISI lifted their price target on Zscaler from $290.00 to $320.00 and gave the stock an “outperform” rating in a report on Wednesday, September 3rd. Macquarie began coverage on Zscaler in a research report on Friday, October 31st. They set an “outperform” rating and a $390.00 target price on the stock. Royal Bank Of Canada upped their price target on Zscaler from $350.00 to $366.00 and gave the company an “outperform” rating in a report on Wednesday, November 12th. Finally, Cantor Fitzgerald reissued an “overweight” rating and set a $340.00 price objective on shares of Zscaler in a report on Wednesday, September 3rd. One analyst has rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Zscaler presently has an average rating of “Moderate Buy” and a consensus target price of $316.65.

Zscaler Trading Down 0.4%

NASDAQ ZS opened at $291.81 on Thursday. The firm has a market cap of $46.19 billion, a PE ratio of -1,080.78 and a beta of 1.06. Zscaler, Inc. has a one year low of $164.78 and a one year high of $336.99. The firm’s fifty day moving average is $306.07 and its two-hundred day moving average is $289.73. The company has a debt-to-equity ratio of 0.95, a quick ratio of 2.01 and a current ratio of 2.01.

Zscaler (NASDAQ:ZS) last announced its earnings results on Tuesday, September 2nd. The company reported $0.89 earnings per share for the quarter, beating the consensus estimate of $0.80 by $0.09. The company had revenue of $719.23 million for the quarter, compared to the consensus estimate 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 period 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. Analysts expect that Zscaler, Inc. will post -0.1 earnings per share for the current year.

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.