SG Americas Securities LLC Raises Stock Position in Zscaler, Inc. $ZS

SG Americas Securities LLC grew its stake in shares of Zscaler, Inc. (NASDAQ:ZS) by 1,519.9% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 116,128 shares of the company’s stock after acquiring an additional 108,959 shares during the period. SG Americas Securities LLC owned about 0.07% of Zscaler worth $26,120,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of ZS. Binnacle Investments Inc purchased a new stake in shares of Zscaler in the 3rd quarter worth $25,000. Tradewinds Capital Management LLC grew its position in shares of Zscaler by 145.7% during the 3rd quarter. Tradewinds Capital Management LLC now owns 86 shares of the company’s stock worth $26,000 after buying an additional 51 shares in the last quarter. Root Financial Partners LLC purchased a new position in shares of Zscaler during the third quarter valued at $26,000. McIlrath & Eck LLC bought a new stake in shares of Zscaler in the third quarter valued at about $29,000. Finally, Picton Mahoney Asset Management bought a new stake in shares of Zscaler in the third quarter valued at about $30,000. Institutional investors own 46.45% of the company’s stock.

Zscaler Stock Up 1.5%

NASDAQ:ZS opened at $141.50 on Friday. The company’s 50-day simple moving average is $172.15 and its 200-day simple moving average is $239.29. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.90 and a current ratio of 1.90. Zscaler, Inc. has a fifty-two week low of $137.60 and a fifty-two week high of $336.99. The stock has a market capitalization of $22.75 billion, a P/E ratio of -336.90 and a beta of 1.07.

Zscaler (NASDAQ:ZS) last posted its quarterly earnings data on Thursday, February 26th. The company reported $1.01 EPS for the quarter, topping the consensus estimate of $0.89 by $0.12. Zscaler had a negative net margin of 2.25% and a positive return on equity of 0.06%. The firm had revenue of $815.75 million during the quarter, compared to analyst estimates of $798.92 million. During the same quarter in the previous year, the business posted $0.78 EPS. Zscaler’s revenue was up 25.9% on a year-over-year basis. Zscaler has set its Q3 2026 guidance at 1.000-1.010 EPS and its FY 2026 guidance at 3.990-4.020 EPS. On average, equities analysts anticipate that Zscaler, Inc. will post -0.1 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research analysts have issued reports on ZS shares. Zacks Research cut shares of Zscaler from a “hold” rating to a “strong sell” rating in a report on Thursday, February 26th. Oppenheimer reduced their price target on shares of Zscaler from $280.00 to $250.00 and set an “outperform” rating for the company in a report on Tuesday, March 10th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $280.00 price target on shares of Zscaler in a research report on Tuesday, February 24th. Sanford C. Bernstein raised shares of Zscaler from a “market perform” rating to an “outperform” rating and set a $228.00 price objective on the stock in a report on Friday, February 13th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Zscaler in a report on Wednesday, January 21st. Two investment analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Zscaler has a consensus rating of “Moderate Buy” and a consensus price target of $267.13.

Insider Buying and Selling at Zscaler

In other news, CEO Jagtar Singh Chaudhry sold 1,941 shares of the stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $156.59, for a total transaction of $303,941.19. Following the completion of the sale, the chief executive officer owned 345,916 shares in the company, valued at approximately $54,166,986.44. This represents a 0.56% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Adam Geller sold 2,094 shares of the firm’s stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $153.53, for a total value of $321,491.82. Following the completion of the sale, the insider directly owned 46,949 shares of the company’s stock, valued at $7,208,079.97. The trade was a 4.27% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 12,783 shares of company stock valued at $2,040,536. Corporate insiders own 17.20% of the company’s 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.