Charles Schwab Investment Management Inc. Has $133.85 Million Stock Position in Zscaler, Inc. $ZS

Charles Schwab Investment Management Inc. raised its position in shares of Zscaler, Inc. (NASDAQ:ZS) by 0.4% in the second quarter, according to its most recent filing with the SEC. The firm owned 426,363 shares of the company’s stock after purchasing an additional 1,816 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 0.27% of Zscaler worth $133,852,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. Stevens Capital Management LP acquired a new stake in shares of Zscaler during the second quarter worth $322,000. Rhumbline Advisers boosted its position in Zscaler by 26.0% during the second quarter. Rhumbline Advisers now owns 167,986 shares of the company’s stock valued at $52,737,000 after acquiring an additional 34,681 shares during the last quarter. AlphaCore Capital LLC bought a new stake in Zscaler during the second quarter valued at $81,000. Legal & General Group Plc grew its holdings in Zscaler by 2.0% during the 2nd quarter. Legal & General Group Plc now owns 607,899 shares of the company’s stock worth $190,844,000 after acquiring an additional 11,676 shares during the period. Finally, Entropy Technologies LP raised its position in shares of Zscaler by 453.5% in the 2nd quarter. Entropy Technologies LP now owns 19,207 shares of the company’s stock worth $6,030,000 after acquiring an additional 15,737 shares in the last quarter. Institutional investors own 46.45% of the company’s stock.

Zscaler Price Performance

Shares of NASDAQ ZS opened at $251.97 on Friday. The company has a debt-to-equity ratio of 0.86, a quick ratio of 2.01 and a current ratio of 1.82. Zscaler, Inc. has a fifty-two week low of $164.78 and a fifty-two week high of $336.99. The stock has a market cap of $40.18 billion, a PE ratio of -969.08 and a beta of 1.06. The stock has a fifty day moving average of $304.49 and a 200-day moving average of $290.94.

Zscaler (NASDAQ:ZS) last issued its earnings results on Tuesday, November 25th. The company reported $0.96 EPS for the quarter, topping the consensus estimate of $0.85 by $0.11. The business had revenue of $788.11 million during the quarter, compared to the consensus estimate of $773.86 million. Zscaler had a negative return on equity of 0.12% and a negative net margin of 1.45%.The firm’s revenue was up 25.5% compared to the same quarter last year. During the same quarter last year, the company earned $0.77 EPS. Zscaler has set its FY 2026 guidance at 3.780-3.820 EPS. Q2 2026 guidance at 0.890-0.900 EPS. Equities research analysts anticipate that Zscaler, Inc. will post -0.1 earnings per share for the current year.

Insider Activity

In other Zscaler news, insider Robert Schlossman sold 7,006 shares of the firm’s 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 transaction, the insider directly owned 76,132 shares of the company’s stock, valued at $23,263,655.24. This trade represents a 8.43% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Raj Judge sold 4,524 shares of the business’s stock in a transaction on 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 transaction, the executive vice president owned 73,832 shares of the company’s stock, valued at $20,724,642.40. This trade represents a 5.77% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 43,084 shares of company stock valued at $12,446,825 over the last ninety days. 18.10% of the stock is owned by insiders.

Analyst Ratings Changes

ZS has been the topic of several research analyst reports. BMO Capital Markets upped their target price on Zscaler from $295.00 to $315.00 and gave the company an “outperform” rating in a research report on Wednesday, September 3rd. Bank of America decreased their price objective on Zscaler from $355.00 to $335.00 and set a “buy” rating for the company in a report on Wednesday. Weiss Ratings reissued a “sell (d-)” rating on shares of Zscaler in a research report on Wednesday, October 8th. Scotiabank lowered their price target on Zscaler from $334.00 to $320.00 and set a “sector outperform” rating for the company in a research report on Wednesday. Finally, Susquehanna increased their price objective on shares of Zscaler from $320.00 to $340.00 and gave the company a “positive” rating in a research note on Wednesday, September 3rd. One equities research analyst has rated the stock with a Strong Buy rating, thirty-four have given a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Zscaler presently has an average rating of “Moderate Buy” and an average price target of $316.82.

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.