Mitsubishi UFJ Asset Management Co. Ltd. Acquires Shares of 127,034 Zscaler, Inc. $ZS

Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in Zscaler, Inc. (NASDAQ:ZS) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 127,034 shares of the company’s stock, valued at approximately $17,931,000. Mitsubishi UFJ Asset Management Co. Ltd. owned 0.08% of Zscaler as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Vanguard Group Inc. grew its stake in shares of Zscaler by 0.5% during the fourth quarter. Vanguard Group Inc. now owns 11,423,424 shares of the company’s stock worth $2,569,357,000 after purchasing an additional 55,521 shares during the period. First Trust Advisors LP increased its stake in Zscaler by 36.2% during the 1st quarter. First Trust Advisors LP now owns 3,518,678 shares of the company’s stock worth $493,635,000 after purchasing an additional 935,781 shares in the last quarter. Price T Rowe Associates Inc. MD raised its holdings in shares of Zscaler by 43.3% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 2,572,358 shares of the company’s stock worth $578,576,000 after acquiring an additional 777,414 shares during the period. State Street Corp raised its stake in shares of Zscaler by 3.4% in the 4th quarter. State Street Corp now owns 2,337,604 shares of the company’s stock valued at $525,774,000 after purchasing an additional 77,800 shares during the period. Finally, Geode Capital Management LLC boosted its position in Zscaler by 5.0% during the 4th quarter. Geode Capital Management LLC now owns 2,069,630 shares of the company’s stock worth $464,783,000 after acquiring an additional 98,140 shares during the last quarter. Institutional investors and hedge funds own 46.45% of the company’s stock.

More Zscaler News

Here are the key news stories impacting Zscaler this week:

• Positive Sentiment: Analysts raised price targets: Mizuho increased its target from $185 to $210 and maintained an “outperform” rating, while Stifel lifted its target from $175 to $200 and kept a “buy” rating. Cantor Fitzgerald also reaffirmed its “overweight” rating with a $225 target, reflecting continued confidence in Zscaler’s growth prospects. Benzinga analyst reports Cantor Fitzgerald rating report
• Positive Sentiment: Potential quarterly upside: Oppenheimer expects Zscaler to deliver a slight upside to fiscal fourth-quarter results, suggesting execution remains solid ahead of the company’s upcoming earnings report. Zscaler Likely to Deliver Slight Q4 Upside
• Neutral Sentiment: Recent coverage highlights conflicting analyst views on Zscaler and other technology companies, indicating that valuation and the company’s future growth outlook remain subjects of debate. Conflicting Analyst Sentiments
• Neutral Sentiment: Investor-focused articles discuss how to buy Zscaler stock and whether it is a buy or sell, but provide no new company-specific operating update or immediate catalyst. How to Buy Zscaler Stock Zscaler Stock Buy or Sell
• Negative Sentiment: Market underperformance pressured the stock: Zscaler fell more sharply than the broader market in the latest session. The report did not identify a new fundamental problem, so the move appears driven primarily by market sentiment, profit-taking, or valuation concerns rather than a downgrade. Zscaler Registers a Bigger Fall Than the Market

Insider Buying and Selling

In other news, insider Robert Schlossman sold 3,146 shares of the firm’s stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $126.43, for a total value of $397,748.78. Following the completion of the transaction, the insider directly owned 69,366 shares of the company’s stock, valued at $8,769,943.38. This trade represents a 4.34% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Kevin Rubin sold 503 shares of Zscaler stock in a transaction on Monday, July 27th. The shares were sold at an average price of $147.12, for a total value of $74,001.36. Following the completion of the transaction, the chief financial officer owned 41,398 shares of the company’s stock, valued at approximately $6,090,473.76. This trade represents a 1.20% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 16,269 shares of company stock worth $2,052,589. Insiders own 17.20% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the stock. Citizens Jmp lowered their price target on shares of Zscaler from $290.00 to $210.00 and set a “market outperform” rating on the stock in a research note on Friday, May 1st. JPMorgan Chase & Co. decreased their target price on Zscaler from $250.00 to $205.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 27th. FBN Securities reaffirmed an “outperform” rating and issued a $175.00 target price on shares of Zscaler in a report on Wednesday, May 27th. Needham & Company LLC reiterated a “buy” rating and issued a $180.00 target price on shares of Zscaler in a report on Wednesday, June 10th. Finally, Deutsche Bank Aktiengesellschaft dropped their price target on Zscaler from $185.00 to $175.00 and set a “buy” rating on the stock in a research note on Wednesday, May 27th. Thirty-four research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Zscaler currently has a consensus rating of “Moderate Buy” and a consensus target price of $214.72.

Zscaler Stock Down 5.2%

ZS stock opened at $174.95 on Friday. The stock’s fifty day simple moving average is $150.05 and its two-hundred day simple moving average is $150.32. 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 stock has a market cap of $28.29 billion, a P/E ratio of -364.47, a P/E/G ratio of 72.45 and a beta of 0.94.

Zscaler (NASDAQ:ZS) last posted its quarterly earnings data on Tuesday, May 26th. The company reported $1.08 EPS 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 return on equity of 0.37% and a negative net margin of 2.44%.Zscaler’s revenue for the quarter was up 25.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $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. Analysts expect that Zscaler, Inc. will post 0.12 EPS for the current year.

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.