Zscaler, Inc. $ZS Shares Sold by Keybank National Association OH

Keybank National Association OH lessened its stake in shares of Zscaler, Inc. (NASDAQ:ZS) by 6.8% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 242,957 shares of the company’s stock after selling 17,603 shares during the period. Keybank National Association OH’s holdings in Zscaler were worth $72,805,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in ZS. Tradewinds Capital Management LLC grew its holdings in shares of Zscaler by 145.7% during the third quarter. Tradewinds Capital Management LLC now owns 86 shares of the company’s stock valued at $26,000 after buying an additional 51 shares in the last quarter. Root Financial Partners LLC acquired a new stake in Zscaler during the 3rd quarter worth about $26,000. McIlrath & Eck LLC purchased a new position in Zscaler during the 3rd quarter valued at about $29,000. Quaker Wealth Management LLC increased its holdings in shares of Zscaler by 200.0% in the 2nd quarter. Quaker Wealth Management LLC now owns 97 shares of the company’s stock valued at $30,000 after purchasing an additional 194 shares during the period. Finally, E Fund Management Hong Kong Co. Ltd. lifted its position in shares of Zscaler by 81.9% in the third quarter. E Fund Management Hong Kong Co. Ltd. now owns 131 shares of the company’s stock worth $39,000 after purchasing an additional 59 shares in the last quarter. 46.45% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on ZS shares. Morgan Stanley set a $305.00 price target on shares of Zscaler in a research note on Thursday, December 18th. Mizuho raised Zscaler from a “neutral” rating to an “outperform” rating and set a $310.00 price target for the company in a research note on Tuesday, December 16th. Weiss Ratings restated a “sell (d-)” rating on shares of Zscaler in a report on Wednesday, January 21st. BTIG Research reiterated a “buy” rating and issued a $365.00 target price on shares of Zscaler in a research note on Wednesday, November 26th. Finally, Rosenblatt Securities restated a “buy” rating and set a $365.00 price target on shares of Zscaler in a research note on Wednesday, November 26th. One equities research 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. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $317.63.

Insiders Place Their Bets

In other news, insider Adam Geller sold 2,060 shares of the company’s stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $230.82, for a total value of $475,489.20. Following the completion of the sale, the insider directly owned 52,148 shares of the company’s stock, valued at $12,036,801.36. This represents a 3.80% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Robert Schlossman sold 3,084 shares of the business’s stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of $230.82, for a total transaction of $711,848.88. Following the completion of the transaction, the insider directly owned 77,002 shares of the company’s stock, valued at $17,773,601.64. This trade represents a 3.85% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 19,350 shares of company stock valued at $4,471,509 over the last 90 days. Corporate insiders own 17.20% of the company’s stock.

Zscaler Trading Down 0.3%

Shares of ZS opened at $200.01 on Friday. The stock’s 50-day moving average price is $229.16 and its 200 day moving average price is $271.13. The company has a quick ratio of 1.82, a current ratio of 1.82 and a debt-to-equity ratio of 0.86. The firm has a market capitalization of $31.90 billion, a price-to-earnings ratio of -769.24, a P/E/G ratio of 3,297.49 and a beta of 1.02. Zscaler, Inc. has a 12-month low of $164.78 and a 12-month high of $336.99.

Zscaler (NASDAQ:ZS) last posted its earnings results on Tuesday, November 25th. The company reported $0.96 EPS for the quarter, topping the consensus estimate 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 business had revenue of $788.11 million during the quarter, compared to the consensus estimate of $773.86 million. During the same quarter last year, the company earned $0.77 EPS. Zscaler’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, research analysts predict that Zscaler, Inc. will post -0.1 earnings per share for the current 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.