Allworth Financial LP Has $1.61 Million Stock Holdings in Zscaler, Inc. $ZS

Allworth Financial LP grew its position in Zscaler, Inc. (NASDAQ:ZS) by 412.2% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 5,132 shares of the company’s stock after buying an additional 4,130 shares during the period. Allworth Financial LP’s holdings in Zscaler were worth $1,611,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in ZS. SVB Wealth LLC acquired a new position in Zscaler in the first quarter valued at about $26,000. N.E.W. Advisory Services LLC acquired a new stake in shares of Zscaler during the first quarter worth about $29,000. Quaker Wealth Management LLC lifted its holdings in shares of Zscaler by 200.0% during the 2nd quarter. Quaker Wealth Management LLC now owns 97 shares of the company’s stock valued at $30,000 after purchasing an additional 194 shares in the last quarter. Exane Asset Management grew its position in shares of Zscaler by 185.7% in the 2nd quarter. Exane Asset Management now owns 100 shares of the company’s stock valued at $31,000 after purchasing an additional 65 shares during the period. Finally, Whittier Trust Co. acquired a new position in shares of Zscaler in the 1st quarter valued at approximately $33,000. Institutional investors own 46.45% of the company’s stock.

Insider Activity at Zscaler

In related news, EVP Raj Judge sold 4,524 shares of the stock in a transaction dated Tuesday, September 16th. The shares were sold at an average price of $280.70, for a total transaction of $1,269,886.80. Following the completion of the transaction, the executive vice president owned 73,832 shares in the company, valued at approximately $20,724,642.40. This represents a 5.77% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Jagtar Singh Chaudhry sold 2,865 shares of the firm’s stock in a transaction dated Tuesday, September 16th. The stock was sold at an average price of $280.70, for a total transaction of $804,205.50. Following the sale, the chief executive officer owned 350,700 shares of the company’s stock, valued at $98,441,490. This trade represents a 0.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 43,084 shares of company stock worth $12,446,825 in the last ninety days. Corporate insiders own 18.10% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on ZS. UBS Group cut their price target on shares of Zscaler from $365.00 to $350.00 and set a “buy” rating on the stock in a research note on Wednesday, September 3rd. Piper Sandler boosted their price objective on shares of Zscaler from $260.00 to $280.00 and gave the company a “neutral” rating in a research report on Wednesday, September 3rd. Guggenheim reaffirmed a “neutral” rating on shares of Zscaler in a research note on Wednesday, September 3rd. Needham & Company LLC reissued a “buy” rating and issued a $350.00 price target on shares of Zscaler in a research note on Wednesday, September 3rd. Finally, Rosenblatt Securities boosted their price target on Zscaler from $315.00 to $330.00 and gave the company a “buy” rating in a report on Wednesday, September 3rd. One equities research analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $312.39.

Zscaler Stock Performance

Shares of Zscaler stock opened at $308.60 on Friday. The business’s fifty day simple moving average is $304.82 and its 200 day simple moving average is $287.36. 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, Inc. has a 12 month low of $164.78 and a 12 month high of $336.99. The firm has a market capitalization of $48.85 billion, a P/E ratio of -1,142.96 and a beta of 1.06.

Zscaler (NASDAQ:ZS) last announced its quarterly earnings data on Tuesday, September 2nd. The company reported $0.89 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $719.23 million during the quarter, compared to the consensus estimate of $707.15 million. During the same quarter in the prior year, the company earned $0.88 EPS. The business’s revenue for the quarter was up 21.3% on a year-over-year basis. Zscaler has set its FY 2026 guidance at 3.640-3.680 EPS. Q1 2026 guidance at 0.850-0.860 EPS. As a group, analysts anticipate that Zscaler, Inc. will post -0.1 EPS for the current year.

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.