5,793 Shares in Zscaler, Inc. $ZS Acquired by KG&L Capital Management LLC

KG&L Capital Management LLC purchased a new stake in shares of Zscaler, Inc. (NASDAQ:ZS) during the third quarter, Holdings Channel reports. The institutional investor purchased 5,793 shares of the company’s stock, valued at approximately $1,736,000.

Other hedge funds have also recently bought and sold shares of the company. Cox Capital Mgt LLC increased its holdings in shares of Zscaler by 0.6% in the 3rd quarter. Cox Capital Mgt LLC now owns 5,576 shares of the company’s stock valued at $1,671,000 after purchasing an additional 33 shares during the period. Brookstone Capital Management boosted its holdings in shares of Zscaler by 3.7% during the third quarter. Brookstone Capital Management now owns 936 shares of the company’s stock worth $280,000 after purchasing an additional 33 shares during the period. 180 Wealth Advisors LLC grew its position in Zscaler by 0.5% during the third quarter. 180 Wealth Advisors LLC now owns 7,897 shares of the company’s stock valued at $2,366,000 after purchasing an additional 36 shares in the last quarter. Parcion Private Wealth LLC increased its stake in Zscaler by 3.3% in the 2nd quarter. Parcion Private Wealth LLC now owns 1,200 shares of the company’s stock valued at $377,000 after buying an additional 38 shares during the period. Finally, Secure Asset Management LLC increased its stake in Zscaler by 1.8% in the 2nd quarter. Secure Asset Management LLC now owns 2,436 shares of the company’s stock valued at $765,000 after buying an additional 43 shares during the period. 46.45% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Zscaler

In related news, CEO Jagtar Singh Chaudhry sold 2,843 shares of the firm’s stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of $230.82, for a total value of $656,221.26. Following the transaction, the chief executive officer directly owned 347,857 shares in the company, valued at approximately $80,292,352.74. This trade represents a 0.81% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Robert Schlossman sold 2,349 shares of Zscaler stock in a transaction on Wednesday, December 17th. The stock was sold at an average price of $232.79, for a total transaction of $546,823.71. Following the completion of the transaction, the insider owned 74,653 shares in the company, valued at $17,378,471.87. This trade represents a 3.05% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 22,550 shares of company stock worth $5,511,509 in the last quarter. 17.20% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

ZS has been the topic of several research analyst reports. BTIG Research restated a “buy” rating and set a $365.00 price target on shares of Zscaler in a report on Wednesday, November 26th. Cantor Fitzgerald restated an “overweight” rating on shares of Zscaler in a research note on Wednesday, November 26th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Zscaler in a research report on Wednesday, October 8th. Bank of America cut their price target on Zscaler from $355.00 to $335.00 and set a “buy” rating for the company in a research note on Wednesday, November 26th. Finally, Wedbush boosted their price target on Zscaler from $330.00 to $350.00 and gave the company an “outperform” rating in a research note on Monday, November 10th. One research analyst has rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $320.13.

Zscaler Stock Performance

Shares of NASDAQ ZS opened at $222.76 on Tuesday. The business’s 50-day simple moving average is $266.99 and its 200-day simple moving average is $283.30. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.82 and a current ratio of 1.82. Zscaler, Inc. has a 52 week low of $164.78 and a 52 week high of $336.99. The firm has a market cap of $35.52 billion, a price-to-earnings ratio of -856.74, a P/E/G ratio of 4,229.41 and a beta of 1.02.

Zscaler (NASDAQ:ZS) last announced its earnings results on Tuesday, November 25th. The company reported $0.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.85 by $0.11. Zscaler had a negative return on equity of 0.12% and a negative net margin of 1.45%.The firm had revenue of $788.11 million during the quarter, compared to analysts’ expectations of $773.86 million. During the same quarter in the prior year, the business earned $0.77 earnings per share. The company’s revenue was up 25.5% on a year-over-year basis. 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, equities research analysts expect that Zscaler, Inc. will post -0.1 earnings per share for the current fiscal year.

About Zscaler

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.