Zscaler, Inc. $ZS Shares Sold by AE Wealth Management LLC

AE Wealth Management LLC decreased its holdings in Zscaler, Inc. (NASDAQ:ZS) by 30.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,328 shares of the company’s stock after selling 574 shares during the quarter. AE Wealth Management LLC’s holdings in Zscaler were worth $417,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. boosted its position in Zscaler by 3.1% in the 1st quarter. Vanguard Group Inc. now owns 9,890,506 shares of the company’s stock valued at $1,962,474,000 after buying an additional 294,034 shares during the period. Goldman Sachs Group Inc. raised its stake in shares of Zscaler by 23.4% in the first quarter. Goldman Sachs Group Inc. now owns 3,048,238 shares of the company’s stock valued at $604,831,000 after acquiring an additional 578,883 shares in the last quarter. T. Rowe Price Investment Management Inc. purchased a new position in Zscaler in the first quarter valued at $516,622,000. AQR Capital Management LLC boosted its holdings in Zscaler by 23.6% in the first quarter. AQR Capital Management LLC now owns 1,191,930 shares of the company’s stock valued at $234,715,000 after purchasing an additional 227,899 shares during the period. Finally, Nuveen LLC acquired a new position in Zscaler during the 1st quarter worth $153,340,000. Institutional investors and hedge funds own 46.45% of the company’s stock.

Zscaler Trading Down 3.0%

Zscaler stock opened at $299.45 on Friday. The business has a 50 day moving average price of $305.33 and a two-hundred day moving average price of $288.36. 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 stock has a market cap of $47.40 billion, a price-to-earnings ratio of -1,109.07 and a beta of 1.06. Zscaler, Inc. has a 12 month low of $164.78 and a 12 month high of $336.99.

Zscaler (NASDAQ:ZS) last released its quarterly earnings data on Tuesday, September 2nd. The company reported $0.89 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $719.23 million during the quarter, compared to analyst estimates of $707.15 million. During the same period in the prior year, the company posted $0.88 earnings per share. The business’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. As a group, equities analysts forecast that Zscaler, Inc. will post -0.1 EPS for the current year.

Insider Activity at Zscaler

In other news, EVP Raj Judge sold 4,524 shares of the company’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 $1,269,886.80. Following the completion of the transaction, the executive vice president directly owned 73,832 shares of the company’s stock, valued at $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 is available at this hyperlink. Also, insider Adam Geller sold 10,464 shares of the stock in a transaction on Wednesday, September 17th. The stock was sold at an average price of $284.25, for a total transaction of $2,974,392.00. Following the transaction, the insider owned 43,478 shares of the company’s stock, valued at $12,358,621.50. The trade was a 19.40% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 43,084 shares of company stock worth $12,446,825 over the last three months. 18.10% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $340.00 price target on shares of Zscaler in a research report on Wednesday, September 3rd. Morgan Stanley lifted their target price on Zscaler from $320.00 to $335.00 and gave the stock an “overweight” rating in a research report on Thursday. KeyCorp boosted their price target on Zscaler from $345.00 to $350.00 and gave the company an “overweight” rating in a research report on Wednesday, September 3rd. Susquehanna lifted their price objective on Zscaler from $320.00 to $340.00 and gave the company a “positive” rating in a report on Wednesday, September 3rd. Finally, BMO Capital Markets boosted their target price on shares of Zscaler from $295.00 to $315.00 and gave the stock an “outperform” rating in a research report on Wednesday, September 3rd. One research analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $312.39.

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.