Tredje AP fonden Buys 4,428 Shares of Zscaler, Inc. $ZS

Tredje AP fonden raised its stake in shares of Zscaler, Inc. (NASDAQ:ZS) by 56.5% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 12,268 shares of the company’s stock after purchasing an additional 4,428 shares during the quarter. Tredje AP fonden’s holdings in Zscaler were worth $3,676,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in ZS. Federated Hermes Inc. increased its stake 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 acquiring an additional 888,888 shares during the period. Vanguard Group Inc. grew its holdings 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 worth $3,363,909,000 after purchasing an additional 824,626 shares in the last quarter. Skandinaviska Enskilda Banken AB publ grew its holdings 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 worth $132,250,000 after purchasing an additional 263,982 shares in the last quarter. 1832 Asset Management L.P. increased its position in shares of Zscaler by 131.4% during the second quarter. 1832 Asset Management L.P. now owns 461,800 shares of the company’s stock valued at $144,977,000 after purchasing an additional 262,200 shares during the period. Finally, Jefferies Financial Group Inc. raised its stake in shares of Zscaler by 113.5% in the second quarter. Jefferies Financial Group Inc. now owns 24,000 shares of the company’s stock valued at $7,535,000 after purchasing an additional 201,267 shares in the last quarter. Institutional investors and hedge funds own 46.45% of the company’s stock.

Key Headlines Impacting Zscaler

Here are the key news stories impacting Zscaler this week:

• Positive Sentiment: Zscaler and Bharti Airtel launched an AI & Cyber Threat Research Center in India, expanding ZS’s local presence, channel engagement and potential enterprise/government pipeline in a fast-growing market. Article Title
• Positive Sentiment: Zscaler’s Z‑Flex bookings jumped ~70% sequentially to $175M in Q1 FY26 — a sign of larger, multi‑year deals that could boost revenue visibility and margin leverage over time. Article Title
• Positive Sentiment: Management is pushing an AI security suite to address rising enterprise AI risks — product innovation that supports upsell opportunities and differentiates ZS’s platform approach. Article Title
• Neutral Sentiment: India is debating new cyber rules amid growing AI-driven threats; regulatory change could increase enterprise security spending but also introduce compliance complexity. This is a macro/regulatory factor to monitor for regional demand. Article Title
• Neutral Sentiment: JPMorgan cut its price target for ZS from $354 to $267 but kept an Overweight rating — a sizable PT reduction that tempers upside expectations while still signaling conviction in the name. Article Title
• Neutral Sentiment: Comparisons with peers (e.g., Qualys) highlight valuation and execution tradeoffs: ZS’s faster growth vs. some peers’ steadier margins and cheaper multiples — useful context for relative positioning. Article Title
• Negative Sentiment: Analyst note (Seeking Alpha summary) warns Cloudflare is taking share on RPO growth and net retention, and that Palo Alto’s M&A momentum intensifies competition — heightening investor fear of share loss and margin pressure. Article Title
• Negative Sentiment: Truist lowered expectations for Zscaler, adding to a string of cautious analyst notes that have pressured sentiment despite recent beat-and-raise results. Article Title

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on ZS shares. UBS Group decreased their price target on shares of Zscaler from $350.00 to $340.00 and set a “buy” rating on the stock in a research note on Wednesday, November 26th. Bank of America decreased their target price on shares of Zscaler from $355.00 to $335.00 and set a “buy” rating on the stock in a research report on Wednesday, November 26th. Truist Financial lowered their target price on shares of Zscaler from $350.00 to $250.00 and set a “buy” rating on the stock in a research note on Tuesday, February 17th. Scotiabank cut their price target on shares of Zscaler from $334.00 to $320.00 and set a “sector outperform” rating for the company in a research note on Wednesday, November 26th. Finally, Wedbush upped their price objective on Zscaler from $330.00 to $350.00 and gave the company an “outperform” rating in a research note on Monday, November 10th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $304.78.

Insider Transactions at Zscaler

In other news, insider Adam Geller sold 1,620 shares of the company’s stock in a transaction that occurred on Wednesday, December 17th. The shares were sold at an average price of $232.79, for a total transaction of $377,119.80. Following the transaction, the insider directly owned 50,528 shares in the company, valued at approximately $11,762,413.12. This represents a 3.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director James A. Beer sold 653 shares of the stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $226.72, for a total transaction of $148,048.16. Following the sale, the director directly owned 3,485 shares in the company, valued at $790,119.20. This trade represents a 15.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 19,350 shares of company stock worth $4,471,509. Corporate insiders own 17.20% of the company’s stock.

Zscaler Trading Down 5.5%

Shares of ZS opened at $159.75 on Friday. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.82 and a current ratio of 1.82. The company has a market cap of $25.48 billion, a price-to-earnings ratio of -614.40, a PEG ratio of 325.66 and a beta of 1.02. The stock has a fifty day moving average price of $206.73 and a two-hundred day moving average price of $259.36. Zscaler, Inc. has a 52-week low of $159.66 and a 52-week high of $336.99.

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

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.