Weatherly Asset Management L. P. Boosts Stock Position in Zscaler, Inc. $ZS

Weatherly Asset Management L. P. raised its stake in Zscaler, Inc. (NASDAQ:ZS) by 19.0% during the 3rd quarter, HoldingsChannel reports. The firm owned 19,820 shares of the company’s stock after acquiring an additional 3,160 shares during the period. Weatherly Asset Management L. P.’s holdings in Zscaler were worth $5,939,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of the stock. KRS Capital Management LLC increased its stake in Zscaler by 20.4% in the 3rd quarter. KRS Capital Management LLC now owns 4,087 shares of the company’s stock valued at $1,225,000 after buying an additional 692 shares during the period. Blue Trust Inc. boosted its holdings in shares of Zscaler by 4.2% in the third quarter. Blue Trust Inc. now owns 1,223 shares of the company’s stock valued at $366,000 after acquiring an additional 49 shares in the last quarter. CWM LLC increased its stake in shares of Zscaler by 128.4% during the third quarter. CWM LLC now owns 56,146 shares of the company’s stock worth $16,825,000 after acquiring an additional 31,564 shares during the period. Pacer Advisors Inc. raised its holdings in Zscaler by 21.9% during the third quarter. Pacer Advisors Inc. now owns 196,541 shares of the company’s stock worth $58,895,000 after purchasing an additional 35,345 shares in the last quarter. Finally, Inspire Investing LLC lifted its position in Zscaler by 101.6% in the third quarter. Inspire Investing LLC now owns 1,631 shares of the company’s stock valued at $489,000 after purchasing an additional 822 shares during the period. Institutional investors and hedge funds own 46.45% of the company’s stock.

Insiders Place Their Bets

In related news, CFO Kevin Rubin sold 3,303 shares of the stock in a transaction on Tuesday, December 16th. The stock was sold at an average price of $230.82, for a total transaction of $762,398.46. Following the sale, the chief financial officer owned 48,161 shares of the company’s stock, valued at $11,116,522.02. This trade represents a 6.42% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Adam Geller sold 1,620 shares of the company’s stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $232.79, for a total transaction of $377,119.80. Following the completion of the transaction, the insider owned 50,528 shares in the company, valued at approximately $11,762,413.12. This trade represents a 3.11% 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 28,903 shares of company stock valued at $7,504,284. Insiders own 17.20% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have issued reports on the company. Piper Sandler boosted their target price on Zscaler from $260.00 to $280.00 and gave the stock a “neutral” rating in a research report on Wednesday, September 3rd. BTIG Research reaffirmed a “buy” rating and set a $365.00 price objective on shares of Zscaler in a report on Wednesday, November 26th. JPMorgan Chase & Co. increased their price objective on Zscaler from $351.00 to $354.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 26th. Citizens Jmp restated a “market outperform” rating and set a $355.00 target price on shares of Zscaler in a research report on Wednesday, November 26th. Finally, Wall Street Zen cut shares of Zscaler from a “buy” rating to a “hold” rating in a research note on Saturday, October 18th. One analyst has rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $322.66.

Zscaler Stock Performance

Shares of ZS opened at $230.52 on Friday. Zscaler, Inc. has a 12-month low of $164.78 and a 12-month high of $336.99. The stock has a market cap of $36.76 billion, a P/E ratio of -886.58, a PEG ratio of 4,402.56 and a beta of 1.07. The company has a current ratio of 1.82, a quick ratio of 1.82 and a debt-to-equity ratio of 0.86. The company has a 50-day moving average of $277.86 and a two-hundred day moving average of $286.84.

Zscaler (NASDAQ:ZS) last issued its quarterly earnings data on Tuesday, November 25th. The company reported $0.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.85 by $0.11. The firm had revenue of $788.11 million during the quarter, compared to the consensus estimate of $773.86 million. Zscaler had a negative return on equity of 0.12% and a negative net margin of 1.45%.The company’s quarterly revenue was up 25.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.77 EPS. Zscaler has set its FY 2026 guidance at 3.780-3.820 EPS and its Q2 2026 guidance at 0.890-0.900 EPS. As a group, research analysts predict that Zscaler, Inc. will post -0.1 EPS for the current fiscal year.

Zscaler Company Profile

Zscaler is a cloud security company that delivers a cloud-native platform to protect users, applications and data as organizations move away from traditional, network-centric security architectures. The company focuses on a zero trust approach that assumes no implicit trust for users or devices, providing secure access to the internet, SaaS applications and private applications regardless of where users are located. Zscaler positions its services as an alternative to legacy appliances and site-centric VPNs, aiming to simplify security while enabling modern, distributed workforces.

Key offerings are built around the Zscaler Zero Trust Exchange, a multi-tenant cloud platform that enforces security and access policies in-line.