Rhumbline Advisers Lowers Stock Holdings in Zscaler, Inc. $ZS

Rhumbline Advisers cut its holdings in Zscaler, Inc. (NASDAQ:ZS) by 1.8% in the third quarter, Holdings Channel reports. The institutional investor owned 164,884 shares of the company’s stock after selling 3,102 shares during the quarter. Rhumbline Advisers’ holdings in Zscaler were worth $49,409,000 at the end of the most recent reporting period.

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

Insider Buying and Selling

In other news, EVP Raj Judge sold 3,438 shares of the business’s stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of $230.82, for a total transaction of $793,559.16. Following the transaction, the executive vice president directly owned 70,394 shares in the company, valued at $16,248,343.08. The trade was a 4.66% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Jagtar Singh Chaudhry sold 2,843 shares of the stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $230.82, for a total transaction of $656,221.26. Following the transaction, the chief executive officer directly owned 347,857 shares of the company’s stock, valued at $80,292,352.74. This represents a 0.81% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 19,350 shares of company stock worth $4,471,509. 17.20% of the stock is currently owned by insiders.

Analyst Ratings Changes

ZS has been the subject of a number of analyst reports. Wedbush upped their price objective on shares of Zscaler from $330.00 to $350.00 and gave the company an “outperform” rating in a report on Monday, November 10th. Sanford C. Bernstein upgraded shares of Zscaler from a “market perform” rating to an “outperform” rating and set a $228.00 target price for the company in a report on Friday. Macquarie Infrastructure started coverage on shares of Zscaler in a research report on Friday, October 31st. They set an “outperform” rating and a $390.00 price target on the stock. Royal Bank Of Canada reiterated an “outperform” rating and issued a $250.00 price objective on shares of Zscaler in a research note on Wednesday. Finally, Mizuho raised Zscaler from a “neutral” rating to an “outperform” rating and set a $310.00 price objective for the company in a research report on Tuesday, December 16th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $315.63.

Zscaler Stock Up 4.0%

ZS opened at $177.72 on Friday. Zscaler, Inc. has a 52 week low of $162.87 and a 52 week high of $336.99. The business has a 50 day moving average price of $213.90 and a two-hundred day moving average price of $263.53. 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 company has a market cap of $28.34 billion, a PE ratio of -683.51, a P/E/G ratio of 348.38 and a beta of 1.02.

Zscaler (NASDAQ:ZS) last released its earnings results on Tuesday, November 25th. The company reported $0.96 earnings per share (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 business had revenue of $788.11 million for the quarter, compared to analyst estimates of $773.86 million. During the same quarter in the previous year, the company posted $0.77 earnings per share. The company’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. As a group, research analysts anticipate that Zscaler, Inc. will post -0.1 EPS 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.