AWM Capital LLC Purchases Shares of 863 Zscaler, Inc. $ZS

AWM Capital LLC bought a new position in Zscaler, Inc. (NASDAQ:ZS) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 863 shares of the company’s stock, valued at approximately $271,000.

A number of other institutional investors also recently modified their holdings of the company. Parallel Advisors LLC increased its holdings in Zscaler by 35.5% during the 1st quarter. Parallel Advisors LLC now owns 462 shares of the company’s stock valued at $92,000 after purchasing an additional 121 shares during the period. Merit Financial Group LLC grew its position in shares of Zscaler by 42.0% in the 1st quarter. Merit Financial Group LLC now owns 6,197 shares of the company’s stock worth $1,230,000 after buying an additional 1,832 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its holdings in shares of Zscaler by 295.0% during the first quarter. Thurston Springer Miller Herd & Titak Inc. now owns 158 shares of the company’s stock valued at $31,000 after acquiring an additional 118 shares in the last quarter. E. Ohman J or Asset Management AB raised its holdings in shares of Zscaler by 28.6% during the first quarter. E. Ohman J or Asset Management AB now owns 4,950 shares of the company’s stock valued at $982,000 after acquiring an additional 1,100 shares in the last quarter. Finally, Wedmont Private Capital purchased a new stake in Zscaler in the first quarter worth $418,000. 46.45% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Zscaler news, insider Robert Schlossman sold 7,006 shares of the firm’s stock in a transaction on 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 transaction, the insider directly owned 76,132 shares in the company, valued at $23,263,655.24. This trade represents a 8.43% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Jagtar Singh Chaudhry sold 2,865 shares of the firm’s stock in a transaction dated Tuesday, September 16th. The shares were sold at an average price of $280.70, for a total transaction of $804,205.50. Following the transaction, the chief executive officer directly owned 350,700 shares in the company, valued at $98,441,490. This trade represents a 0.81% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 39,884 shares of company stock worth $11,406,825 in the last 90 days. Company insiders own 18.10% of the company’s stock.

Zscaler Trading Down 0.7%

Shares of ZS stock opened at $305.41 on Monday. 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 cap of $48.35 billion, a price-to-earnings ratio of -1,131.15 and a beta of 1.06. Zscaler, Inc. has a 1 year low of $164.78 and a 1 year high of $318.46. The firm has a fifty day moving average price of $282.18 and a 200-day moving average price of $264.40.

Zscaler (NASDAQ:ZS) last issued its quarterly earnings results on Tuesday, September 2nd. The company reported $0.89 earnings per share (EPS) for the quarter, topping 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%.Zscaler’s revenue for the quarter was up 21.3% compared to the same quarter last year. During the same quarter in the prior 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. As a group, equities analysts predict that Zscaler, Inc. will post -0.1 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research analysts have commented on ZS shares. Zacks Research upgraded shares of Zscaler from a “strong sell” rating to a “hold” rating in a report on Thursday. UBS Group reduced their price target on shares of Zscaler from $365.00 to $350.00 and set a “buy” rating on the stock in a research report on Wednesday, September 3rd. KeyCorp raised their price objective on shares of Zscaler from $345.00 to $350.00 and gave the stock an “overweight” rating in a report on Wednesday, September 3rd. Bank of America upped their target price on Zscaler from $285.00 to $340.00 and gave the stock a “buy” rating in a report on Monday, June 9th. Finally, Scotiabank decreased their target price on Zscaler from $360.00 to $334.00 and set a “sector outperform” rating for the company in a research report on Wednesday, September 3rd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $307.43.

About Zscaler

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.