Zscaler, Inc. $ZS Shares Purchased by Motley Fool Asset Management LLC

Motley Fool Asset Management LLC lifted its position in Zscaler, Inc. (NASDAQ:ZS) by 36.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 14,933 shares of the company’s stock after acquiring an additional 4,013 shares during the period. Motley Fool Asset Management LLC’s holdings in Zscaler were worth $3,359,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in the company. Westpac Banking Corp lifted its stake in Zscaler by 919.0% in the 3rd quarter. Westpac Banking Corp now owns 9,986 shares of the company’s stock worth $2,992,000 after purchasing an additional 9,006 shares in the last quarter. Korea Investment CORP increased its holdings in shares of Zscaler by 24.0% during the 3rd quarter. Korea Investment CORP now owns 98,370 shares of the company’s stock worth $29,478,000 after buying an additional 19,026 shares during the last quarter. Qsemble Capital Management LP increased its holdings in shares of Zscaler by 105.5% during the 4th quarter. Qsemble Capital Management LP now owns 15,773 shares of the company’s stock worth $3,548,000 after buying an additional 8,099 shares during the last quarter. Oxbow Advisors LLC acquired a new stake in shares of Zscaler during the 4th quarter worth approximately $2,939,000. Finally, Vinva Investment Management Ltd increased its holdings in Zscaler by 136.1% in the 3rd quarter. Vinva Investment Management Ltd now owns 11,347 shares of the company’s stock valued at $3,400,000 after purchasing an additional 6,541 shares during the last quarter. 46.45% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Zscaler

In other news, EVP Raj Judge sold 2,488 shares of the business’s stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $156.59, for a total transaction of $389,595.92. Following the transaction, the executive vice president directly owned 67,906 shares in the company, valued at $10,633,400.54. The trade was a 3.53% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Robert Schlossman sold 2,263 shares of the company’s stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $156.59, for a total transaction of $354,363.17. Following the transaction, the insider owned 72,390 shares in the company, valued at $11,335,550.10. The trade was a 3.03% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 12,130 shares of company stock valued at $1,892,487. Insiders own 17.20% of the company’s stock.

Analysts Set New Price Targets

ZS has been the subject of several research reports. Citizens Jmp dropped their target price on shares of Zscaler from $290.00 to $210.00 and set a “market outperform” rating for the company in a report on Friday, May 1st. UBS Group decreased their price target on shares of Zscaler from $260.00 to $225.00 and set a “buy” rating for the company in a research report on Wednesday, May 27th. Berenberg Bank set a $200.00 price objective on shares of Zscaler in a research report on Thursday, May 28th. Mizuho decreased their price objective on shares of Zscaler from $210.00 to $185.00 and set an “outperform” rating for the company in a research report on Wednesday, May 27th. Finally, Scotiabank decreased their price objective on shares of Zscaler from $190.00 to $175.00 and set a “sector outperform” rating for the company in a research report on Wednesday, May 27th. Thirty-three analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Zscaler currently has an average rating of “Moderate Buy” and an average price target of $216.03.

Zscaler Trading Down 0.9%

NASDAQ ZS opened at $124.73 on Thursday. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.86 and a current ratio of 1.86. The firm has a market cap of $20.17 billion, a PE ratio of -259.85, a P/E/G ratio of 78.68 and a beta of 0.97. Zscaler, Inc. has a one year low of $114.63 and a one year high of $336.99. The firm’s fifty day moving average is $142.97 and its two-hundred day moving average is $179.23.

Zscaler (NASDAQ:ZS) last posted its quarterly earnings data on Tuesday, May 26th. The company reported $1.08 EPS for the quarter, beating analysts’ consensus estimates of $1.01 by $0.07. Zscaler had a negative net margin of 2.44% and a negative return on equity of 0.37%. The company had revenue of $850.48 million for the quarter, compared to analyst estimates of $835.14 million. During the same period in the previous year, the business posted $0.84 earnings per share. Zscaler’s quarterly revenue was up 25.4% on a year-over-year basis. Zscaler has set its Q4 2026 guidance at 1.080-1.090 EPS and its FY 2026 guidance at 4.100-4.110 EPS. Analysts expect that Zscaler, Inc. will post 0.11 earnings per share for the current year.

Key Headlines Impacting Zscaler

Here are the key news stories impacting Zscaler this week:

• Positive Sentiment: Wedbush, RBC, Guggenheim, Rosenblatt, and Needham all reaffirmed bullish ratings on Zscaler, with price targets ranging from $180 to $220, signaling analysts still see substantial upside from current levels.
• Positive Sentiment: Wedbush said Zscaler continues to see solid demand for its cloud and AI products, which supports the view that recent weakness in sentiment may not reflect underlying business momentum. Article: Zscaler Still Seeing Solid Demand for Cloud, AI Products, Wedbush Says
• Positive Sentiment: Zscaler used its Zenith Live 2026 event to unveil new AI security products, including Zscaler AI Broker, Endpoint AI Security, and expanded Zero Trust SASE capabilities, reinforcing its positioning as an AI-security leader.
• Positive Sentiment: The company also expanded Project AI-Guardian with partners such as AWS, Google Cloud, OpenAI, Databricks, and others, which could broaden adoption and deepen its ecosystem advantages in enterprise AI security.
• Neutral Sentiment: Zscaler presented at Zenith Live 2026, but the transcript itself does not appear to add a major new financial surprise beyond the product and strategy updates. Article: Zscaler, Inc. (ZS) Presents at Zenith-live-2026 Transcript
• Negative Sentiment: Several law firms announced securities investigations and class-action reminders related to Zscaler, creating a legal overhang that could pressure sentiment and keep volatility elevated.
• Negative Sentiment: Recent headlines also note insider selling and mixed institutional ownership trends, which may add caution even as the company’s product story remains strong.

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.