141,188 Shares in Zscaler, Inc. $ZS Purchased by Capital Impact Advisors LLC

Capital Impact Advisors LLC bought a new position in shares of Zscaler, Inc. (NASDAQ:ZS) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 141,188 shares of the company’s stock, valued at approximately $31,756,000. Zscaler makes up 2.5% of Capital Impact Advisors LLC’s investment portfolio, making the stock its 22nd biggest position.

Other institutional investors have also recently made changes to their positions in the company. Binnacle Investments Inc purchased a new stake in shares of Zscaler during the third quarter worth about $25,000. Picton Mahoney Asset Management purchased a new stake in shares of Zscaler during the third quarter worth about $30,000. AlphaCentric Advisors LLC purchased a new stake in shares of Zscaler during the fourth quarter worth about $29,000. University of Texas Texas AM Investment Management Co. purchased a new stake in shares of Zscaler during the fourth quarter worth about $30,000. Finally, Family CFO Inc purchased a new stake in shares of Zscaler during the fourth quarter worth about $34,000. Hedge funds and other institutional investors own 46.45% of the company’s stock.

Analysts Set New Price Targets

ZS has been the subject of several research analyst reports. Citizens Jmp cut their target price on Zscaler from $290.00 to $210.00 and set a “market outperform” rating for the company in a research report on Friday, May 1st. HC Wainwright upgraded Zscaler from a “buy” rating to a “buy” rating in a research report on Monday, May 18th. Needham & Company LLC reiterated a “buy” rating and set a $180.00 target price on shares of Zscaler in a research report on Wednesday, June 10th. Rosenblatt Securities reiterated a “buy” rating and set a $200.00 target price on shares of Zscaler in a research report on Wednesday, June 10th. Finally, Citigroup reiterated a “market outperform” rating on shares of Zscaler in a research report on Wednesday, May 27th. Thirty-four equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $214.33.

Zscaler Stock Performance

NASDAQ ZS opened at $124.38 on Thursday. The stock has a market capitalization of $20.11 billion, a PE ratio of -259.12, a P/E/G ratio of 79.55 and a beta of 0.97. The business has a 50 day simple moving average of $141.85 and a two-hundred day simple moving average of $174.22. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.86 and a quick ratio of 1.86. Zscaler, Inc. has a 1-year low of $114.63 and a 1-year high of $336.99.

Zscaler (NASDAQ:ZS) last released its quarterly earnings results on Tuesday, May 26th. The company reported $1.08 earnings per share for the quarter, beating the consensus estimate of $1.01 by $0.07. The business had revenue of $850.48 million during the quarter, compared to analysts’ expectations of $835.14 million. Zscaler had a negative return on equity of 0.37% and a negative net margin of 2.44%.The firm’s revenue for the quarter was up 25.4% compared to the same quarter last year. During the same quarter last year, the business posted $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. On average, research analysts predict that Zscaler, Inc. will post 0.11 EPS for the current fiscal year.

Trending Headlines about Zscaler

Here are the key news stories impacting Zscaler this week:

• Positive Sentiment: Robert W. Baird reiterated a Buy rating on Zscaler and set a $230 price target, implying substantial upside from current levels. Short Sellers May Regret Shorting ZScaler (ZS) As One Analyst Points To 79% Upside
• Positive Sentiment: Zscaler said it expanded Project AI-Guardian with major technology alliance partners, a move that supports its product ecosystem and could help long-term growth. Zscaler (ZS) Adds Major Tech Partners to Project AI-Guardian
• Neutral Sentiment: Jim Cramer said SaaS names like Zscaler have fallen out of favor on Wall Street, which highlights weak sentiment toward the sector but does not change fundamentals directly. Jim Cramer Says SaaS Companies Like Zscaler “Have Fallen Viciously Out of Favor on Wall Street”
• Negative Sentiment: The Schall Law Firm and Pomerantz LLP both announced investigations into Zscaler over possible securities-law violations, adding legal overhang for the stock. ZS Investors Have Opportunity to Join Zscaler, Inc. Fraud Investigation with the Schall Law Firm
• Negative Sentiment: Several executives and directors, including the CEO, CFO, and other insiders, disclosed stock sales. While most were tied to tax withholding or pre-arranged plans, multiple sales in one day can still weigh on investor sentiment. SEC filing for CEO sale

Insider Transactions at Zscaler

In other Zscaler news, CFO Kevin Rubin sold 1,686 shares of the firm’s stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $126.43, for a total transaction of $213,160.98. Following the completion of the transaction, the chief financial officer owned 44,901 shares in the company, valued at $5,676,833.43. This trade represents a 3.62% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Adam Geller sold 1,940 shares of the firm’s stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $126.43, for a total value of $245,274.20. Following the transaction, the insider owned 45,131 shares of the company’s stock, valued at $5,705,912.33. This represents a 4.12% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders have sold 9,827 shares of company stock worth $1,242,263. 17.20% of the stock is owned by corporate insiders.

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.