Arcadia Investment Management Corp MI Has $9.70 Million Holdings in Zscaler, Inc. $ZS

Arcadia Investment Management Corp MI grew its position in Zscaler, Inc. (NASDAQ:ZS) by 2.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 30,901 shares of the company’s stock after purchasing an additional 815 shares during the quarter. Zscaler comprises approximately 1.6% of Arcadia Investment Management Corp MI’s investment portfolio, making the stock its 20th biggest position. Arcadia Investment Management Corp MI’s holdings in Zscaler were worth $9,701,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Cerity Partners LLC boosted its stake in Zscaler by 0.3% in the 1st quarter. Cerity Partners LLC now owns 22,928 shares of the company’s stock valued at $4,549,000 after purchasing an additional 68 shares during the period. New York State Common Retirement Fund lifted its holdings in shares of Zscaler by 1.8% during the first quarter. New York State Common Retirement Fund now owns 50,774 shares of the company’s stock worth $10,075,000 after buying an additional 900 shares in the last quarter. Signaturefd LLC boosted its position in shares of Zscaler by 33.9% in the first quarter. Signaturefd LLC now owns 1,272 shares of the company’s stock valued at $252,000 after acquiring an additional 322 shares during the period. Sigma Planning Corp boosted its position in shares of Zscaler by 42.8% in the first quarter. Sigma Planning Corp now owns 1,648 shares of the company’s stock valued at $327,000 after acquiring an additional 494 shares during the period. Finally, Apollon Wealth Management LLC grew its stake in shares of Zscaler by 16.9% in the first quarter. Apollon Wealth Management LLC now owns 2,757 shares of the company’s stock valued at $547,000 after acquiring an additional 398 shares in the last quarter. Institutional investors own 46.45% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have weighed in on ZS shares. Robert W. Baird lifted their price objective on shares of Zscaler from $330.00 to $345.00 and gave the stock an “outperform” rating in a research note on Wednesday, September 3rd. Wedbush raised their target price on shares of Zscaler from $330.00 to $350.00 and gave the stock an “outperform” rating in a report on Monday, November 10th. Macquarie assumed coverage on shares of Zscaler in a research report on Friday, October 31st. They issued an “outperform” rating and a $390.00 price target for the company. JPMorgan Chase & Co. increased their price target on Zscaler from $348.00 to $351.00 and gave the stock an “overweight” rating in a research report on Wednesday, September 3rd. Finally, Stifel Nicolaus raised their price objective on Zscaler from $295.00 to $330.00 and gave the stock a “buy” rating in a research note on Wednesday, September 3rd. One investment analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $312.39.

Zscaler Trading Down 3.0%

Shares of ZS opened at $299.45 on Friday. Zscaler, Inc. has a twelve month low of $164.78 and a twelve month high of $336.99. The stock has a market cap of $47.40 billion, a PE ratio of -1,109.07 and a beta of 1.06. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.95. The business’s 50-day moving average price is $305.33 and its 200-day moving average price is $287.91.

Zscaler (NASDAQ:ZS) last released its quarterly earnings data on Tuesday, September 2nd. The company reported $0.89 EPS for the quarter, beating analysts’ consensus estimates of $0.80 by $0.09. The company had revenue of $719.23 million during 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 revenue was up 21.3% compared to the same quarter last year. During the same period last year, the business earned $0.88 earnings per share. 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 analysts forecast that Zscaler, Inc. will post -0.1 EPS for the current fiscal year.

Insider Activity

In related news, insider Robert Schlossman sold 7,006 shares of the stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $305.57, for a total value of $2,140,823.42. Following the sale, the insider owned 76,132 shares in the company, valued at approximately $23,263,655.24. This trade represents a 8.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Raj Judge sold 4,524 shares of the business’s stock in a transaction dated Tuesday, September 16th. The stock was sold at an average price of $280.70, for a total value of $1,269,886.80. Following the transaction, the executive vice president owned 73,832 shares of the company’s stock, valued at approximately $20,724,642.40. The trade was a 5.77% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 43,084 shares of company stock valued at $12,446,825 in the last quarter. 18.10% of the stock is currently owned by company insiders.

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.