8,799 Shares in Zscaler, Inc. $ZS Purchased by Landscape Capital Management L.L.C.

Landscape Capital Management L.L.C. bought a new position in shares of Zscaler, Inc. (NASDAQ:ZS) in the fourth quarter, Holdings Channel reports. The institutional investor bought 8,799 shares of the company’s stock, valued at approximately $1,979,000.

A number of other hedge funds have also made changes to their positions in the company. Binnacle Investments Inc bought a new stake in Zscaler during the 3rd quarter worth about $25,000. Picton Mahoney Asset Management bought a new stake in Zscaler during the 3rd quarter worth about $30,000. AlphaCentric Advisors LLC bought a new stake in Zscaler during the 4th quarter worth about $29,000. Family CFO Inc bought a new stake in Zscaler during the 4th quarter worth about $34,000. Finally, Sumitomo Mitsui Financial Group Inc. grew its holdings in Zscaler by 105.5% during the 4th quarter. Sumitomo Mitsui Financial Group Inc. now owns 215 shares of the company’s stock worth $49,000 after acquiring an additional 4,111 shares during the last quarter. Institutional investors and hedge funds own 46.45% of the company’s stock.

Zscaler Stock Up 0.7%

Shares of NASDAQ ZS opened at $130.42 on Tuesday. The firm has a market capitalization of $21.09 billion, a PE ratio of -271.70, a price-to-earnings-growth ratio of 80.98 and a beta of 0.97. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.72. Zscaler, Inc. has a 1 year low of $114.63 and a 1 year high of $336.99. The firm’s 50-day moving average is $142.38 and its 200-day moving average is $175.99.

Zscaler (NASDAQ:ZS) last issued its earnings results on Tuesday, May 26th. The company reported $1.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.01 by $0.07. The company had revenue of $850.48 million for the quarter, compared to analyst estimates of $835.14 million. Zscaler had a negative net margin of 2.44% and a negative return on equity of 0.37%. The company’s revenue for the quarter was up 25.4% on a year-over-year basis. During the same quarter last year, the firm earned $0.84 EPS. Zscaler has set its Q4 2026 guidance at 1.080-1.090 EPS and its FY 2026 guidance at 4.100-4.110 EPS. Equities analysts expect that Zscaler, Inc. will post 0.11 EPS for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have commented on ZS. HC Wainwright raised shares of Zscaler from a “buy” rating to a “buy” rating in a report on Monday, May 18th. KeyCorp increased their price objective on shares of Zscaler from $160.00 to $190.00 and gave the stock an “overweight” rating in a report on Monday, May 18th. Wedbush reissued an “outperform” rating and set a $220.00 price objective on shares of Zscaler in a report on Wednesday, June 10th. Stifel Nicolaus decreased their price objective on shares of Zscaler from $180.00 to $175.00 and set a “buy” rating on the stock in a report on Wednesday, May 27th. Finally, TD Cowen reissued a “buy” rating on shares of Zscaler in a report on Wednesday, May 27th. Thirty-four equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $214.33.

Insider Activity at Zscaler

In related news, insider Adam Geller sold 2,094 shares of the business’s stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $153.53, for a total transaction of $321,491.82. Following the completion of the transaction, the insider owned 46,949 shares in the company, valued at approximately $7,208,079.97. The trade was a 4.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director James A. Beer sold 177 shares of the stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $153.53, for a total transaction 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 trade represents a 3.88% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 17.20% of the stock is owned by company insiders.

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.