Hel Ved Capital Management Ltd Trims Stock Position in Zscaler, Inc. $ZS

Hel Ved Capital Management Ltd decreased its holdings in Zscaler, Inc. (NASDAQ:ZS) by 34.3% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,295 shares of the company’s stock after selling 1,200 shares during the quarter. Hel Ved Capital Management Ltd’s holdings in Zscaler were worth $720,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in ZS. AE Wealth Management LLC bought a new stake in shares of Zscaler during the 1st quarter valued at $377,000. Avantax Advisory Services Inc. lifted its position in Zscaler by 44.1% during the first quarter. Avantax Advisory Services Inc. now owns 5,236 shares of the company’s stock valued at $1,039,000 after purchasing an additional 1,602 shares in the last quarter. TCW Group Inc. bought a new stake in Zscaler during the first quarter valued at about $2,090,000. Mackenzie Financial Corp increased its position in Zscaler by 17.9% in the first quarter. Mackenzie Financial Corp now owns 6,326 shares of the company’s stock worth $1,255,000 after buying an additional 960 shares in the last quarter. Finally, Foundations Investment Advisors LLC raised its stake in shares of Zscaler by 5.0% in the first quarter. Foundations Investment Advisors LLC now owns 6,587 shares of the company’s stock worth $1,307,000 after buying an additional 311 shares during the period. 46.45% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on ZS shares. Cantor Fitzgerald reiterated an “overweight” rating and set a $340.00 price objective on shares of Zscaler in a research note on Wednesday, September 3rd. Barclays upped their price target on shares of Zscaler from $320.00 to $350.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 12th. Capital One Financial set a $320.00 price objective on shares of Zscaler in a research report on Wednesday. Bank of America upped their target price on shares of Zscaler from $340.00 to $355.00 and gave the stock a “buy” rating in a report on Monday, October 20th. Finally, Wall Street Zen cut Zscaler from a “buy” rating to a “hold” rating in a report on Saturday, October 18th. One investment analyst has rated the stock with a Strong Buy rating, thirty-one have given a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Zscaler currently has an average rating of “Moderate Buy” and an average target price of $317.00.

Insider Buying and Selling at Zscaler

In other news, insider Adam Geller sold 10,464 shares of the company’s stock in a transaction dated Wednesday, September 17th. The shares were sold at an average price of $284.25, for a total transaction of $2,974,392.00. Following the sale, the insider directly owned 43,478 shares in the company, valued at approximately $12,358,621.50. This represents a 19.40% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Raj Judge sold 4,524 shares of the business’s stock in a transaction that occurred on Tuesday, September 16th. The stock was sold at an average price of $280.70, for a total value of $1,269,886.80. Following the sale, the executive vice president directly owned 73,832 shares in the company, valued at $20,724,642.40. The trade was a 5.77% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 43,084 shares of company stock worth $12,446,825 in the last ninety days. Company insiders own 18.10% of the company’s stock.

Zscaler Trading Up 3.3%

Shares of ZS stock opened at $289.73 on Wednesday. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.95. The stock has a market capitalization of $46.20 billion, a price-to-earnings ratio of -1,073.07 and a beta of 1.06. Zscaler, Inc. has a 12-month low of $164.78 and a 12-month high of $336.99. The stock’s 50-day moving average price is $305.82 and its 200-day moving average price is $291.48.

Zscaler (NASDAQ:ZS) last released its quarterly earnings results on Tuesday, November 25th. The company reported $0.96 earnings per share for the quarter, beating the consensus estimate of $0.85 by $0.11. The business had revenue of $788.11 million during the quarter, compared to analysts’ expectations of $773.86 million. Zscaler had a negative return on equity of 0.47% and a negative net margin of 1.55%.The firm’s revenue for the quarter was up 25.5% compared to the same quarter last year. During the same quarter last year, the business posted $0.77 EPS. Zscaler has set its FY 2026 guidance at 3.780-3.820 EPS. Q2 2026 guidance at 0.890-0.900 EPS. Equities research analysts predict that Zscaler, Inc. will post -0.1 EPS for the current fiscal year.

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.