Zscaler, Inc. $ZS Shares Purchased by Banco Bilbao Vizcaya Argentaria S.A.

Banco Bilbao Vizcaya Argentaria S.A. boosted its holdings in Zscaler, Inc. (NASDAQ:ZS) by 307.6% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 23,830 shares of the company’s stock after buying an additional 17,983 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in Zscaler were worth $7,466,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of ZS. SVB Wealth LLC acquired a new stake in shares of Zscaler during the 1st quarter worth $26,000. N.E.W. Advisory Services LLC purchased a new stake in Zscaler during the first quarter valued at about $29,000. Quaker Wealth Management LLC increased its stake in Zscaler by 200.0% during the second quarter. Quaker Wealth Management LLC now owns 97 shares of the company’s stock worth $30,000 after acquiring an additional 194 shares during the last quarter. Exane Asset Management raised its holdings in shares of Zscaler by 185.7% in the 2nd quarter. Exane Asset Management now owns 100 shares of the company’s stock worth $31,000 after purchasing an additional 65 shares during the period. Finally, Whittier Trust Co. purchased a new stake in shares of Zscaler during the 1st quarter worth about $33,000. Institutional investors and hedge funds own 46.45% of the company’s stock.

Wall Street Analysts Forecast Growth

ZS has been the topic of several research reports. Stifel Nicolaus raised their price target on shares of Zscaler from $295.00 to $330.00 and gave the company a “buy” rating in a report on Wednesday, September 3rd. BMO Capital Markets lifted their target price on shares of Zscaler from $295.00 to $315.00 and gave the company an “outperform” rating in a report on Wednesday, September 3rd. Weiss Ratings reiterated a “sell (d-)” rating on shares of Zscaler in a report on Wednesday, October 8th. KeyCorp boosted their price objective on Zscaler from $345.00 to $350.00 and gave the stock an “overweight” rating in a research note on Wednesday, September 3rd. Finally, Evercore ISI increased their target price on Zscaler from $290.00 to $320.00 and gave the company an “outperform” rating in a research note on Wednesday, September 3rd. One equities research analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $312.39.

Insider Activity at Zscaler

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

Zscaler Price Performance

ZS stock opened at $299.45 on Friday. The stock’s 50 day moving average is $305.33 and its two-hundred day moving average is $288.36. Zscaler, Inc. has a 52-week low of $164.78 and a 52-week high of $336.99. The company has a market capitalization 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.

Zscaler (NASDAQ:ZS) last released its quarterly earnings results on Tuesday, September 2nd. The company reported $0.89 earnings per share for the quarter, topping analysts’ consensus estimates of $0.80 by $0.09. The business had revenue of $719.23 million during the quarter, compared to the consensus estimate of $707.15 million. Zscaler had a negative net margin of 1.55% and a negative return on equity of 0.47%. The business’s quarterly revenue was up 21.3% compared to the same quarter last year. During the same quarter last year, the company 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. Analysts predict that Zscaler, Inc. will post -0.1 earnings per share for the current fiscal year.

Zscaler Company 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.