GF Fund Management CO. LTD. Reduces Position in Zscaler, Inc. $ZS

GF Fund Management CO. LTD. trimmed its stake in Zscaler, Inc. (NASDAQ:ZS) by 12.8% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 31,009 shares of the company’s stock after selling 4,550 shares during the period. GF Fund Management CO. LTD.’s holdings in Zscaler were worth $9,292,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Federated Hermes Inc. grew its holdings in Zscaler by 314.0% during the second quarter. Federated Hermes Inc. now owns 1,171,983 shares of the company’s stock valued at $367,932,000 after purchasing an additional 888,888 shares during the period. Vanguard Group Inc. grew its stake in shares of Zscaler by 8.3% during the 2nd quarter. Vanguard Group Inc. now owns 10,715,132 shares of the company’s stock valued at $3,363,909,000 after acquiring an additional 824,626 shares during the period. Skandinaviska Enskilda Banken AB publ grew its stake in shares of Zscaler by 167.7% during the 2nd quarter. Skandinaviska Enskilda Banken AB publ now owns 421,393 shares of the company’s stock valued at $132,250,000 after acquiring an additional 263,982 shares during the period. 1832 Asset Management L.P. increased its holdings in Zscaler by 131.4% in the 2nd quarter. 1832 Asset Management L.P. now owns 461,800 shares of the company’s stock worth $144,977,000 after acquiring an additional 262,200 shares in the last quarter. Finally, Jefferies Financial Group Inc. raised its stake in Zscaler by 113.5% during the 2nd quarter. Jefferies Financial Group Inc. now owns 24,000 shares of the company’s stock worth $7,535,000 after acquiring an additional 201,267 shares during the period. 46.45% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on ZS shares. KeyCorp dropped their price target on shares of Zscaler from $350.00 to $300.00 and set an “overweight” rating for the company in a research report on Monday, January 12th. BTIG Research reaffirmed a “buy” rating and issued a $365.00 target price on shares of Zscaler in a report on Wednesday, November 26th. Weiss Ratings reissued a “sell (d-)” rating on shares of Zscaler in a report on Wednesday, January 21st. UBS Group dropped their price objective on Zscaler from $350.00 to $340.00 and set a “buy” rating for the company in a research note on Wednesday, November 26th. Finally, Bank of America cut their target price on Zscaler from $355.00 to $335.00 and set a “buy” rating for the company in a research report on Wednesday, November 26th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $315.63.

Insider Activity at Zscaler

In other Zscaler news, insider Robert Schlossman sold 2,349 shares of Zscaler stock in a transaction on Wednesday, December 17th. The shares were sold at an average price of $232.79, for a total value of $546,823.71. Following the completion of the transaction, the insider directly owned 74,653 shares of the company’s stock, valued at $17,378,471.87. This trade represents a 3.05% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Adam Geller sold 1,620 shares of the business’s stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $232.79, for a total transaction of $377,119.80. Following the completion of the sale, the insider owned 50,528 shares in the company, valued at approximately $11,762,413.12. This trade represents a 3.11% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 19,350 shares of company stock valued at $4,471,509 over the last quarter. 17.20% of the stock is currently owned by insiders.

Zscaler Price Performance

NASDAQ:ZS opened at $177.72 on Friday. The business’s 50-day moving average is $213.90 and its 200 day moving average is $263.35. Zscaler, Inc. has a 12 month low of $162.87 and a 12 month high of $336.99. The company has a market capitalization of $28.34 billion, a P/E ratio of -683.51, a P/E/G ratio of 362.29 and a beta of 1.02. The company has a current ratio of 1.82, a quick ratio of 1.82 and a debt-to-equity ratio of 0.86.

Zscaler (NASDAQ:ZS) last released its quarterly earnings data on Tuesday, November 25th. The company reported $0.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.85 by $0.11. The business had revenue of $788.11 million for the quarter, compared to the consensus estimate of $773.86 million. Zscaler had a negative return on equity of 0.12% and a negative net margin of 1.45%.The company’s revenue was up 25.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.77 EPS. Zscaler has set its FY 2026 guidance at 3.780-3.820 EPS and its Q2 2026 guidance at 0.890-0.900 EPS. On average, equities research analysts forecast that Zscaler, Inc. will post -0.1 earnings per share for the current fiscal 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.