Ameritas Advisory Services LLC Purchases Shares of 129 Zscaler, Inc. $ZS

Ameritas Advisory Services LLC purchased a new stake in Zscaler, Inc. (NASDAQ:ZS) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 129 shares of the company’s stock, valued at approximately $41,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ZS. Yeomans Consulting Group Inc. acquired a new stake in Zscaler in the second quarter valued at $287,000. Family CFO Inc acquired a new stake in Zscaler in the second quarter valued at $47,000. Mirae Asset Global Investments Co. Ltd. increased its stake in shares of Zscaler by 9.1% in the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 53,728 shares of the company’s stock valued at $16,867,000 after buying an additional 4,496 shares during the period. J. Safra Sarasin Holding AG increased its stake in shares of Zscaler by 2.5% in the second quarter. J. Safra Sarasin Holding AG now owns 25,228 shares of the company’s stock valued at $7,920,000 after buying an additional 623 shares during the period. Finally, ASR Vermogensbeheer N.V. increased its stake in shares of Zscaler by 63.9% in the second quarter. ASR Vermogensbeheer N.V. now owns 5,469 shares of the company’s stock valued at $1,717,000 after buying an additional 2,133 shares during the period. 46.45% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on ZS shares. Wall Street Zen raised Zscaler from a “hold” rating to a “buy” rating in a research note on Sunday, September 7th. BMO Capital Markets increased their target price on shares of Zscaler from $295.00 to $315.00 and gave the company an “outperform” rating in a research report on Wednesday, September 3rd. Needham & Company LLC reissued a “buy” rating and set a $350.00 target price on shares of Zscaler in a research report on Wednesday, September 3rd. Piper Sandler increased their price objective on shares of Zscaler from $260.00 to $280.00 and gave the stock a “neutral” rating in a research report on Wednesday, September 3rd. Finally, Zacks Research upgraded shares of Zscaler from a “strong sell” rating to a “hold” rating in a research report on Thursday, October 2nd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $307.43.

Zscaler Stock Performance

Shares of ZS opened at $313.04 on Tuesday. The company has a debt-to-equity ratio of 0.95, a current ratio of 2.01 and a quick ratio of 2.01. The stock has a 50-day moving average of $284.81 and a 200-day moving average of $268.53. The company has a market cap of $49.55 billion, a PE ratio of -1,159.41 and a beta of 1.06. Zscaler, Inc. has a one year low of $164.78 and a one year high of $319.89.

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

Insider Buying and Selling at Zscaler

In related news, insider Robert Schlossman sold 7,006 shares of Zscaler stock in a transaction on Thursday, October 2nd. The shares were sold at an average price of $305.57, for a total value of $2,140,823.42. Following the completion of the sale, the insider owned 76,132 shares of the company’s stock, valued at approximately $23,263,655.24. This trade represents a 8.43% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Jagtar Singh Chaudhry sold 2,865 shares of Zscaler 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 transaction, the chief executive officer owned 350,700 shares of the company’s stock, valued at $98,441,490. This represents a 0.81% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 39,884 shares of company stock worth $11,406,825. 18.10% of the stock is owned by company insiders.

Zscaler Profile

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.