Two Sigma Securities LLC Has $1.74 Million Stock Holdings in Zscaler, Inc. $ZS

Two Sigma Securities LLC raised its holdings in Zscaler, Inc. (NASDAQ:ZS) by 165.7% during the second quarter, Holdings Channel reports. The institutional investor owned 12,328 shares of the company’s stock after buying an additional 7,689 shares during the quarter. Two Sigma Securities LLC’s holdings in Zscaler were worth $1,740,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in ZS. Binnacle Investments Inc acquired a new stake in shares of Zscaler in the 3rd quarter worth about $25,000. AlphaCentric Advisors LLC bought a new stake in Zscaler during the 4th quarter worth approximately $29,000. University of Texas Texas AM Investment Management Co. purchased a new stake in shares of Zscaler in the fourth quarter worth approximately $30,000. Mcguire Capital Advisors Inc. purchased a new position in shares of Zscaler during the fourth quarter valued at approximately $32,000. Finally, Western Wealth Management LLC bought a new stake in Zscaler during the first quarter worth $33,000. 46.45% of the stock is owned by institutional investors.

Insider Transactions at Zscaler

In related news, insider Robert Schlossman sold 3,146 shares of Zscaler stock in a transaction dated 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 sale, the insider owned 69,366 shares of the company’s stock, valued at approximately $8,769,943.38. This trade represents a 4.34% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Adam Geller sold 2,817 shares of the business’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 in the company, valued at $5,187,696.40. This represents a 6.24% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 16,772 shares of company stock valued at $2,139,799. Corporate insiders own 17.20% of the company’s stock.

Analyst Ratings Changes

ZS has been the topic of a number of analyst reports. Truist Financial set a $210.00 price objective on shares of Zscaler in a report on Wednesday, May 27th. Wolfe Research reaffirmed an “outperform” rating and issued a $150.00 price objective on shares of Zscaler in a research report on Thursday, June 11th. Needham & Company LLC reissued a “buy” rating and set a $180.00 target price on shares of Zscaler in a research report on Wednesday, June 10th. FBN Securities restated an “outperform” rating and issued a $175.00 target price on shares of Zscaler in a research note on Wednesday, May 27th. Finally, Citigroup reaffirmed a “market outperform” rating on shares of Zscaler in a report on Wednesday, May 27th. Thirty-four research 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’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $216.18.

Zscaler Price Performance

Zscaler stock opened at $184.23 on Monday. The firm has a 50 day moving average price of $156.19 and a 200-day moving average price of $150.23. 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 company has a market capitalization of $29.79 billion, a P/E ratio of -383.80, a P/E/G ratio of 108.43 and a beta of 0.94.

Trending Headlines about Zscaler

Here are the key news stories impacting Zscaler this week:

• Positive Sentiment: J.P. Morgan initiated or reiterated a Buy rating on Zscaler and raised its price target to $215 from $205, suggesting meaningful upside and confidence in the company’s long-term cloud-security growth. Zscaler gets a Buy from J.P. Morgan
• Positive Sentiment: Zscaler participated in Deep Cogito’s $43 million Series A financing for research into self-improving artificial-intelligence models. The investment could strengthen Zscaler’s exposure to enterprise AI, although it is unlikely to materially affect near-term earnings. Deep Cogito raises $43 million Series A
• Positive Sentiment: A broader cybersecurity re-rating has lifted previously lagging stocks, with Zscaler benefiting from increased investor interest in security software and AI-related growth. The move was accompanied by a strong gain in the First Trust NASDAQ Cybersecurity ETF. Cybersecurity re-rating reaches lagging stocks
• Neutral Sentiment: Zscaler is expected to report quarterly results on Thursday. Its prior quarter featured a revenue and adjusted EPS beat, with revenue up 25.4% year over year, but investors will look for sustained billings, guidance, and AI-driven demand before extending the recent rally. Zscaler expected to announce quarterly earnings
• Neutral Sentiment: The broader market may remain sensitive to next week’s August jobs report and its implications for Federal Reserve policy, interest rates, and valuation multiples for high-growth technology stocks. August jobs report takes center stage
• Negative Sentiment: CFO Kevin Rubin sold 503 shares worth approximately $87,210 under a pre-arranged Rule 10b5-1 plan. The sale reduced his holdings by only about 1.2%, making it a limited sentiment concern rather than a fundamental warning. Zscaler CFO sells stock

Zscaler Company 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.