Zscaler, Inc. $ZS Position Raised by Swedbank AB

Swedbank AB increased its position in shares of Zscaler, Inc. (NASDAQ:ZS) by 92.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,706 shares of the company’s stock after purchasing an additional 9,966 shares during the period. Swedbank AB’s holdings in Zscaler were worth $4,657,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Bessemer Group Inc. boosted its stake in shares of Zscaler by 3.2% during the 3rd quarter. Bessemer Group Inc. now owns 1,021 shares of the company’s stock valued at $306,000 after buying an additional 32 shares during the period. Wedbush Securities Inc. boosted its stake in shares of Zscaler by 0.7% during the 3rd quarter. Wedbush Securities Inc. now owns 5,129 shares of the company’s stock valued at $1,537,000 after buying an additional 34 shares during the period. Goldstream Capital Management Ltd boosted its stake in shares of Zscaler by 0.3% during the 3rd quarter. Goldstream Capital Management Ltd now owns 12,450 shares of the company’s stock valued at $3,731,000 after buying an additional 34 shares during the period. Kentucky Retirement Systems Insurance Trust Fund boosted its stake in shares of Zscaler by 1.4% during the 3rd quarter. Kentucky Retirement Systems Insurance Trust Fund now owns 2,569 shares of the company’s stock valued at $770,000 after buying an additional 36 shares during the period. Finally, Advisor OS LLC boosted its stake in shares of Zscaler by 4.6% during the 3rd quarter. Advisor OS LLC now owns 879 shares of the company’s stock valued at $263,000 after buying an additional 39 shares during the period. Institutional investors own 46.45% of the company’s stock.

Zscaler News Roundup

Here are the key news stories impacting Zscaler this week:

• Positive Sentiment: Zscaler beat fiscal Q3 expectations, reporting adjusted EPS of $1.08 versus $1.00 expected and revenue of $850.5 million versus $835.6 million expected, with revenue up 25.4% year over year. Article Title
• Positive Sentiment: The company also highlighted strong operating performance, including 25% ARR growth to $3.525 billion and improved free cash flow of $136 million, reinforcing its AI-cybersecurity growth story. Article Title
• Neutral Sentiment: Investor sentiment had already been supported by broader optimism around cybersecurity stocks and AI-driven security demand heading into the report. Article Title
• Negative Sentiment: Shares sold off after Zscaler’s Q4 revenue outlook came in slightly below Wall Street expectations, suggesting tougher competition and more cautious enterprise spending on cloud security. Article Title
• Negative Sentiment: Analysts and headlines also pointed to a lower free cash flow outlook and “mixed guidance” as the main reasons the stock gave back gains despite the earnings beat. Article Title

Insider Activity

In other Zscaler news, insider Robert Schlossman sold 2,263 shares of the business’s stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $156.59, for a total transaction of $354,363.17. Following the completion of the transaction, the insider owned 72,390 shares of the company’s stock, valued at $11,335,550.10. The trade was a 3.03% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Kevin Rubin sold 1,682 shares of the business’s stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $156.59, for a total transaction of $263,384.38. Following the transaction, the chief financial officer directly owned 46,479 shares of the company’s stock, valued at approximately $7,278,146.61. This represents a 3.49% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 12,130 shares of company stock worth $1,892,487. Insiders own 17.20% of the company’s stock.

Zscaler Stock Up 1.2%

Zscaler stock opened at $184.60 on Wednesday. The firm has a market cap of $29.68 billion, a price-to-earnings ratio of -439.52 and a beta of 0.96. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.90 and a quick ratio of 1.90. Zscaler, Inc. has a fifty-two week low of $114.63 and a fifty-two week high of $336.99. The firm has a fifty day moving average price of $145.75 and a two-hundred day moving average price of $192.65.

Zscaler (NASDAQ:ZS) last released its earnings results on Tuesday, May 26th. The company reported $1.08 earnings per share for the quarter, topping analysts’ consensus estimates of $1.01 by $0.07. The firm had revenue of $850.48 million during the quarter, compared to analyst estimates of $835.60 million. Zscaler had a negative net margin of 2.25% and a positive return on equity of 0.06%. The business’s revenue was up 25.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.84 EPS. Zscaler has set its Q4 2026 guidance at 1.080-1.090 EPS and its FY 2026 guidance at 4.100-4.110 EPS. As a group, analysts forecast that Zscaler, Inc. will post -0.03 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. Berenberg Bank decreased their target price on shares of Zscaler from $390.00 to $320.00 and set a “buy” rating for the company in a research note on Friday, February 27th. Robert W. Baird reduced their price objective on shares of Zscaler from $360.00 to $300.00 and set an “outperform” rating for the company in a research note on Monday, February 23rd. Citizens Jmp reduced their price objective on shares of Zscaler from $290.00 to $210.00 and set a “market outperform” rating for the company in a research note on Friday, May 1st. BMO Capital Markets reduced their price objective on shares of Zscaler from $315.00 to $210.00 and set an “outperform” rating for the company in a research note on Friday, February 27th. Finally, JPMorgan Chase & Co. reduced their price objective on shares of Zscaler from $354.00 to $267.00 and set an “overweight” rating for the company in a research note on Friday, February 20th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, eight have given a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $260.97.

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.