Proem Advisors LLC Makes New Investment in Zscaler, Inc. $ZS

Proem Advisors LLC bought a new position in shares of Zscaler, Inc. (NASDAQ:ZS) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 20,000 shares of the company’s stock, valued at approximately $4,498,000. Zscaler comprises about 0.5% of Proem Advisors LLC’s portfolio, making the stock its 18th biggest holding.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Westpac Banking Corp increased its stake in Zscaler by 919.0% during the third quarter. Westpac Banking Corp now owns 9,986 shares of the company’s stock worth $2,992,000 after acquiring an additional 9,006 shares during the last quarter. Korea Investment CORP increased its stake in Zscaler by 24.0% during the third quarter. Korea Investment CORP now owns 98,370 shares of the company’s stock worth $29,478,000 after acquiring an additional 19,026 shares during the last quarter. Vinva Investment Management Ltd increased its stake in Zscaler by 136.1% during the third quarter. Vinva Investment Management Ltd now owns 11,347 shares of the company’s stock worth $3,400,000 after acquiring an additional 6,541 shares during the last quarter. Oxbow Advisors LLC acquired a new stake in Zscaler during the fourth quarter worth $2,939,000. Finally, Handelsbanken Fonder AB increased its stake in Zscaler by 43.1% during the third quarter. Handelsbanken Fonder AB now owns 55,907 shares of the company’s stock worth $16,753,000 after acquiring an additional 16,839 shares during the last quarter. Institutional investors and hedge funds own 46.45% of the company’s stock.

Zscaler Stock Down 2.1%

Zscaler stock opened at $148.87 on Tuesday. Zscaler, Inc. has a 1-year low of $114.63 and a 1-year high of $336.99. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.90 and a quick ratio of 1.90. The stock has a market cap of $23.94 billion, a PE ratio of -354.45 and a beta of 0.96. The stock’s fifty day moving average is $142.81 and its two-hundred day moving average is $204.69.

Zscaler (NASDAQ:ZS) last posted its quarterly earnings results on Thursday, February 26th. The company reported $1.01 earnings per share for the quarter, beating analysts’ consensus estimates of $0.89 by $0.12. Zscaler had a positive return on equity of 0.06% and a negative net margin of 2.25%.The company had revenue of $815.75 million for the quarter, compared to analysts’ expectations of $798.92 million. During the same period last year, the firm earned $0.78 earnings per share. Zscaler’s quarterly revenue was up 25.9% on a year-over-year basis. Zscaler has set its Q3 2026 guidance at 1.000-1.010 EPS and its FY 2026 guidance at 3.990-4.020 EPS. On average, sell-side analysts expect that Zscaler, Inc. will post -0.03 EPS for the current fiscal year.

Insider Buying and Selling

In other Zscaler news, insider Robert Schlossman sold 2,263 shares of the firm’s stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $156.59, for a total value of $354,363.17. Following the sale, the insider directly owned 72,390 shares in the company, valued at $11,335,550.10. This trade represents a 3.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director James A. Beer sold 177 shares of the firm’s stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $153.53, for a total value of $27,174.81. Following the completion of the sale, the director owned 4,384 shares in the company, valued at approximately $673,075.52. This represents a 3.88% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 12,130 shares of company stock valued at $1,892,487 over the last 90 days. 17.20% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

ZS has been the subject of several research analyst reports. Berenberg Bank lowered their price target on Zscaler from $390.00 to $320.00 and set a “buy” rating for the company in a research report on Friday, February 27th. Weiss Ratings restated a “sell (d-)” rating on shares of Zscaler in a research report on Wednesday, January 21st. Sanford C. Bernstein upgraded Zscaler from a “market perform” rating to an “outperform” rating and set a $228.00 price target for the company in a research report on Friday, February 13th. Barclays set a $220.00 price target on Zscaler in a research report on Thursday, February 19th. Finally, BTIG Research restated a “neutral” rating on shares of Zscaler in a research report on Thursday, April 9th. Two analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, Zscaler presently has a consensus rating of “Moderate Buy” and an average price target of $263.46.

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.