30,637 Shares in Zscaler, Inc. $ZS Acquired by Clare Market Investments LLC

Clare Market Investments LLC acquired a new stake in shares of Zscaler, Inc. (NASDAQ:ZS) during the 1st quarter, Holdings Channel reports. The fund acquired 30,637 shares of the company’s stock, valued at approximately $4,298,000. Zscaler accounts for 0.9% of Clare Market Investments LLC’s portfolio, making the stock its 20th largest holding.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Binnacle Investments Inc bought a new stake in shares of Zscaler during the third quarter valued at approximately $25,000. Picton Mahoney Asset Management bought a new stake in Zscaler in the third quarter worth $30,000. AlphaCentric Advisors LLC purchased a new stake in Zscaler during the fourth quarter valued at $29,000. University of Texas Texas AM Investment Management Co. purchased a new stake in Zscaler during the fourth quarter valued at $30,000. Finally, Mcguire Capital Advisors Inc. bought a new position in Zscaler during the fourth quarter valued at $32,000. Institutional investors own 46.45% of the company’s stock.

Zscaler Trading Up 0.7%

ZS stock opened at $151.44 on Tuesday. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.72. Zscaler, Inc. has a twelve month low of $114.63 and a twelve month high of $336.99. The stock has a market capitalization of $24.49 billion, a price-to-earnings ratio of -316.20, a price-to-earnings-growth ratio of 92.12 and a beta of 0.96. The firm’s fifty day simple moving average is $142.61 and its two-hundred day simple moving average is $164.47.

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

Insider Activity

In other Zscaler news, insider Adam Geller sold 2,817 shares of the firm’s stock in a transaction dated Monday, June 22nd. The shares were sold at an average price of $122.60, for a total value of $345,364.20. Following the completion of the sale, the insider owned 42,314 shares of the company’s stock, valued at $5,187,696.40. This trade represents a 6.24% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Kevin Rubin sold 3,000 shares of the business’s stock in a transaction that occurred on Thursday, June 25th. The shares were sold at an average price of $124.22, for a total value of $372,660.00. Following the transaction, the chief financial officer owned 41,901 shares of the company’s stock, valued at $5,204,942.22. This trade represents a 6.68% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 15,644 shares of company stock valued at $1,960,287. Company insiders own 17.20% of the company’s stock.

Wall Street Analyst Weigh In

ZS has been the subject of a number of recent research reports. FBN Securities reissued an “outperform” rating and issued a $175.00 price objective on shares of Zscaler in a research note on Wednesday, May 27th. KeyCorp lowered their price target on shares of Zscaler from $190.00 to $176.00 and set an “overweight” rating for the company in a report on Thursday, June 25th. Rosenblatt Securities reiterated a “buy” rating and issued a $200.00 price target on shares of Zscaler in a research report on Wednesday, June 10th. Deutsche Bank Aktiengesellschaft dropped their price target on Zscaler from $185.00 to $175.00 and set a “buy” rating for the company in a research report on Wednesday, May 27th. Finally, UBS Group reduced their price objective on Zscaler from $260.00 to $225.00 and set a “buy” rating on the stock in a research note on Wednesday, May 27th. Thirty-four analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $213.97.

Zscaler 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.