8,617 Shares in Zscaler, Inc. $ZS Purchased by Migdal Insurance & Financial Holdings Ltd.

Migdal Insurance & Financial Holdings Ltd. purchased a new stake in Zscaler, Inc. (NASDAQ:ZS) during the 3rd quarter, HoldingsChannel.com reports. The fund purchased 8,617 shares of the company’s stock, valued at approximately $2,582,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in ZS. Federated Hermes Inc. raised its position in Zscaler by 314.0% in the 2nd quarter. Federated Hermes Inc. now owns 1,171,983 shares of the company’s stock valued at $367,932,000 after buying an additional 888,888 shares during the last quarter. Vanguard Group Inc. grew its stake in shares of Zscaler by 8.3% in the 2nd quarter. Vanguard Group Inc. now owns 10,715,132 shares of the company’s stock worth $3,363,909,000 after acquiring an additional 824,626 shares in the last quarter. Skandinaviska Enskilda Banken AB publ raised its holdings in shares of Zscaler by 167.7% in the second quarter. Skandinaviska Enskilda Banken AB publ now owns 421,393 shares of the company’s stock valued at $132,250,000 after purchasing an additional 263,982 shares during the last quarter. 1832 Asset Management L.P. lifted its position in shares of Zscaler by 131.4% during the second quarter. 1832 Asset Management L.P. now owns 461,800 shares of the company’s stock valued at $144,977,000 after purchasing an additional 262,200 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. lifted its position in shares of Zscaler by 421.9% during the second quarter. Robeco Institutional Asset Management B.V. now owns 323,351 shares of the company’s stock valued at $101,513,000 after purchasing an additional 261,390 shares in the last quarter. 46.45% of the stock is owned by institutional investors.

Zscaler Stock Performance

NASDAQ:ZS opened at $206.32 on Wednesday. The company has a market capitalization of $32.90 billion, a P/E ratio of -793.51, a P/E/G ratio of 3,516.90 and a beta of 1.02. The business has a fifty day simple moving average of $242.85 and a two-hundred day simple moving average of $275.97. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.82 and a quick ratio of 1.82. Zscaler, Inc. has a 1 year low of $164.78 and a 1 year high of $336.99.

Zscaler (NASDAQ:ZS) last issued its quarterly earnings results on Tuesday, November 25th. The company reported $0.96 EPS for the quarter, beating 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 for the quarter, compared to analysts’ expectations of $773.86 million. During the same quarter in the prior year, the firm earned $0.77 EPS. The business’s revenue for the quarter was up 25.5% compared to the same quarter last year. Zscaler has set its FY 2026 guidance at 3.780-3.820 EPS and its Q2 2026 guidance at 0.890-0.900 EPS. On average, analysts expect that Zscaler, Inc. will post -0.1 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on ZS shares. Stifel Nicolaus decreased their price objective on shares of Zscaler from $330.00 to $320.00 and set a “buy” rating for the company in a research note on Wednesday, November 26th. Zacks Research raised Zscaler from a “strong sell” rating to a “hold” rating in a report on Thursday, October 2nd. Wedbush lifted their price target on Zscaler from $330.00 to $350.00 and gave the stock an “outperform” rating in a report on Monday, November 10th. JPMorgan Chase & Co. boosted 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. Finally, HC Wainwright reaffirmed a “buy” rating on shares of Zscaler in a research report on Wednesday, November 26th. One analyst has rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $317.63.

Insider Buying and Selling

In other Zscaler news, Director James A. Beer sold 653 shares of the business’s stock in a transaction on Friday, January 2nd. The shares were sold at an average price of $226.72, for a total transaction of $148,048.16. Following the sale, the director owned 3,485 shares of the company’s stock, valued at $790,119.20. The trade was a 15.78% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Adam Geller sold 1,620 shares of the firm’s stock in a transaction on Wednesday, December 17th. The stock was sold at an average price of $232.79, for a total value of $377,119.80. Following the completion of the transaction, the insider directly owned 50,528 shares of the company’s stock, valued at $11,762,413.12. The trade was a 3.11% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 22,550 shares of company stock valued at $5,511,509. Corporate insiders own 17.20% of the company’s stock.

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.