Zscaler, Inc. $ZS Shares Sold by Parallel Advisors LLC

Parallel Advisors LLC trimmed its position in Zscaler, Inc. (NASDAQ:ZS) by 22.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 358 shares of the company’s stock after selling 104 shares during the period. Parallel Advisors LLC’s holdings in Zscaler were worth $112,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. ORG Partners LLC lifted its stake in shares of Zscaler by 284.8% during the first quarter. ORG Partners LLC now owns 127 shares of the company’s stock worth $26,000 after buying an additional 94 shares during the period. SVB Wealth LLC acquired a new stake in shares of Zscaler during the first quarter worth $26,000. Goodman Advisory Group LLC acquired a new stake in shares of Zscaler during the first quarter worth $29,000. N.E.W. Advisory Services LLC acquired a new stake in shares of Zscaler during the first quarter worth $29,000. Finally, CVA Family Office LLC lifted its stake in shares of Zscaler by 120.3% during the first quarter. CVA Family Office LLC now owns 152 shares of the company’s stock worth $30,000 after buying an additional 83 shares during the period. 46.45% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Zscaler

In related news, insider Adam Geller sold 10,464 shares of the company’s stock in a transaction dated Wednesday, September 17th. The shares were sold at an average price of $284.25, for a total transaction of $2,974,392.00. Following the completion of the sale, the insider owned 43,478 shares of the company’s stock, valued at approximately $12,358,621.50. This represents a 19.40% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Jagtar Singh Chaudhry sold 2,865 shares of the company’s stock in a transaction dated Tuesday, September 16th. The shares were sold at an average price of $280.70, for a total transaction of $804,205.50. Following the sale, the chief executive officer directly owned 350,700 shares of the company’s stock, valued at approximately $98,441,490. This represents a 0.81% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 32,878 shares of company stock worth $9,266,002 in the last 90 days. 18.10% of the stock is currently owned by insiders.

Zscaler Trading Down 0.8%

Shares of Zscaler stock opened at $289.29 on Wednesday. The firm has a market capitalization of $45.79 billion, a PE ratio of -1,071.44 and a beta of 1.05. Zscaler, Inc. has a twelve month low of $164.78 and a twelve month high of $318.46. The firm’s 50-day moving average price is $280.40 and its 200 day moving average price is $258.47. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.95.

Zscaler (NASDAQ:ZS) last issued its quarterly earnings results on Tuesday, September 2nd. The company reported $0.89 earnings per share for the quarter, beating analysts’ consensus estimates of $0.80 by $0.09. The firm had revenue of $719.23 million for the quarter, compared to analyst estimates of $707.15 million. Zscaler had a negative net margin of 1.55% and a negative return on equity of 0.47%. Zscaler’s quarterly revenue was up 21.3% compared to the same quarter last year. During the same period last year, the company posted $0.88 EPS. Zscaler has set its FY 2026 guidance at 3.640-3.680 EPS. Q1 2026 guidance at 0.850-0.860 EPS. On average, sell-side analysts predict that Zscaler, Inc. will post -0.1 EPS for the current fiscal year.

Analyst Ratings Changes

Several research firms have recently commented on ZS. BTIG Research reiterated a “buy” rating on shares of Zscaler in a research note on Thursday, July 10th. Needham & Company LLC reiterated a “buy” rating and set a $350.00 price objective on shares of Zscaler in a research note on Wednesday, September 3rd. Wells Fargo & Company upgraded shares of Zscaler from an “equal weight” rating to an “overweight” rating and boosted their target price for the company from $260.00 to $385.00 in a research report on Friday, June 13th. Cantor Fitzgerald restated an “overweight” rating and set a $340.00 target price on shares of Zscaler in a research report on Wednesday, September 3rd. Finally, Susquehanna boosted their target price on shares of Zscaler from $320.00 to $340.00 and gave the company a “positive” rating in a research report on Wednesday, September 3rd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $307.00.

About Zscaler

Zscaler, Inc operates as a cloud security company worldwide. The company offers Zscaler Internet Access solution that provides users, workloads, IoT, and OT devices secure access to externally managed applications, including software-as-a-service (SaaS) applications and internet destinations; and Zscaler Private Access solution, which is designed to provide access to managed applications hosted internally in data centers, and private or public clouds.