79,573 Shares in Zscaler, Inc. $ZS Bought by Danica Pension Livsforsikringsaktieselskab

Danica Pension Livsforsikringsaktieselskab acquired a new stake in shares of Zscaler, Inc. (NASDAQ:ZS) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 79,573 shares of the company’s stock, valued at approximately $11,232,000.

Several other hedge funds also recently bought and sold shares of ZS. Binnacle Investments Inc bought a new stake in shares of Zscaler in the 3rd quarter valued at approximately $25,000. AlphaCentric Advisors LLC bought a new position in Zscaler during the fourth quarter valued at approximately $29,000. University of Texas Texas AM Investment Management Co. acquired a new stake in Zscaler in the fourth quarter valued at approximately $30,000. Mcguire Capital Advisors Inc. bought a new stake in Zscaler in the fourth quarter worth approximately $32,000. Finally, Western Wealth Management LLC bought a new stake in Zscaler in the first quarter worth approximately $33,000. 46.45% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, CFO Kevin Rubin sold 3,000 shares of Zscaler stock in a transaction dated Thursday, June 25th. The stock was sold at an average price of $124.22, for a total value of $372,660.00. Following the transaction, the chief financial officer directly owned 41,901 shares in the company, valued at approximately $5,204,942.22. The trade was a 6.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jagtar Singh Chaudhry sold 2,878 shares of the business’s stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $126.43, for a total value of $363,865.54. Following the transaction, the chief executive officer directly owned 343,038 shares of the company’s stock, valued at $43,370,294.34. This represents a 0.83% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders have sold 16,269 shares of company stock valued at $2,052,589. Company insiders own 17.20% of the company’s stock.

Zscaler Price Performance

NASDAQ ZS opened at $185.70 on Wednesday. Zscaler, Inc. has a 1 year low of $114.63 and a 1 year high of $336.99. The company has a fifty day simple moving average of $147.88 and a 200 day simple moving average of $150.61. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.72. The company has a market cap of $30.03 billion, a P/E ratio of -386.87, a P/E/G ratio of 66.08 and a beta of 0.94.

Zscaler (NASDAQ:ZS) last announced its earnings results on Tuesday, May 26th. The company reported $1.08 EPS for the quarter, topping the consensus estimate of $1.01 by $0.07. The firm had revenue of $850.48 million for the quarter, compared to the consensus estimate of $835.14 million. Zscaler had a negative net margin of 2.44% and a negative return on equity of 0.37%. The business’s quarterly revenue was up 25.4% on a year-over-year basis. During the same quarter last year, the firm 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, sell-side analysts predict that Zscaler, Inc. will post 0.12 EPS for the current year.

Analysts Set New Price Targets

ZS has been the topic of a number of recent research reports. KeyCorp raised their price target on shares of Zscaler from $176.00 to $185.00 and gave the company an “overweight” rating in a report on Thursday, July 16th. Zacks Research upgraded shares of Zscaler from a “strong sell” rating to a “hold” rating in a report on Wednesday, May 27th. FBN Securities reissued an “outperform” rating and set a $175.00 target price on shares of Zscaler in a research report on Wednesday, May 27th. HC Wainwright upgraded Zscaler from a “buy” rating to a “buy” rating in a report on Monday, May 18th. Finally, Stifel Nicolaus reduced their price target on Zscaler from $180.00 to $175.00 and set a “buy” rating for the company in a research report on Wednesday, May 27th. Thirty-four analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $213.44.

Key Headlines Impacting Zscaler

Here are the key news stories impacting Zscaler this week:

• Positive Sentiment: Expanded SMB and mid-market reach: Zscaler and Carahsoft expanded their partnership to deliver Zscaler’s Zero Trust Exchange platform to U.S. small and midsize businesses. Carahsoft’s sales and distribution network could broaden Zscaler’s customer base and create additional growth opportunities beyond large enterprises. Zscaler and Carahsoft Expand Partnership to Deliver Enterprise-Proven Zero Trust Security to SMB and Mid-Market Customers
• Positive Sentiment: Bullish analyst and investor commentary: Several reports point to Wall Street’s Buy-equivalent average recommendation and identify reasons to remain positive on Zscaler, including its cybersecurity positioning and long-term growth potential. However, the reports also caution that analyst optimism may be overly favorable. Is It Worth Investing in Zscaler Based on Wall Street’s Bullish Views?
• Neutral Sentiment: Industry comparison: Qualys’ higher outlook and new AI-powered vulnerability detection tools underscore continued innovation across cybersecurity, while Zscaler’s participation in the CSAI Foundation reflects involvement in AI-related cyber-risk initiatives. The developments may reinforce sector interest but also highlight intense competition. How Investors May Respond to Qualys Raised Outlook and New AI Cyber Risk Tools
• Negative Sentiment: Valuation and competitive risks: One comparison concludes that Okta currently offers steadier growth, a lower valuation, cross-selling potential and exposure to AI-agent opportunities, making it the more attractive cybersecurity investment. This could limit Zscaler’s appeal, particularly while its shares remain valued at a premium and have declined in 2026. Zscaler vs. Okta: Which Cybersecurity Stock Is the Better Buy?

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.