Ardsley Advisory Partners LP Buys Shares of 16,000 Zscaler, Inc. $ZS

Ardsley Advisory Partners LP purchased a new stake in Zscaler, Inc. (NASDAQ:ZS) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 16,000 shares of the company’s stock, valued at approximately $5,023,000.

A number of other institutional investors have also made changes to their positions in the stock. Atria Wealth Solutions Inc. raised its position in shares of Zscaler by 16.5% in the 1st quarter. Atria Wealth Solutions Inc. now owns 3,455 shares of the company’s stock valued at $686,000 after acquiring an additional 490 shares during the period. Charles Schwab Investment Management Inc. lifted its stake in Zscaler by 12.4% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 424,547 shares of the company’s stock valued at $84,239,000 after acquiring an additional 46,822 shares in the last quarter. Townsquare Capital LLC grew its position in Zscaler by 14.7% in the first quarter. Townsquare Capital LLC now owns 5,374 shares of the company’s stock valued at $1,066,000 after purchasing an additional 687 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of Zscaler in the first quarter valued at about $508,000. Finally, Entropy Technologies LP bought a new stake in shares of Zscaler during the 1st quarter worth approximately $689,000. 46.45% of the stock is owned by institutional investors and hedge funds.

Zscaler Trading Down 0.8%

NASDAQ ZS opened at $243.01 on Wednesday. The business’s fifty day moving average is $296.78 and its 200 day moving average is $291.26. Zscaler, Inc. has a twelve month low of $164.78 and a twelve month high of $336.99. The company has a quick ratio of 1.82, a current ratio of 1.82 and a debt-to-equity ratio of 0.86. The company has a market cap of $38.75 billion, a price-to-earnings ratio of -934.62 and a beta of 1.07.

Zscaler (NASDAQ:ZS) last posted 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 for the quarter, compared to the consensus estimate of $773.86 million. Zscaler had a negative net margin of 1.45% and a negative return on equity of 0.12%. The firm’s revenue was up 25.5% compared to the same quarter last year. During the same period last year, the company earned $0.77 EPS. Zscaler has set its FY 2026 guidance at 3.780-3.820 EPS and its Q2 2026 guidance at 0.890-0.900 EPS. As a group, sell-side analysts expect that Zscaler, Inc. will post -0.1 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on ZS shares. Wall Street Zen downgraded shares of Zscaler from a “buy” rating to a “hold” rating in a research note on Saturday, October 18th. Needham & Company LLC reduced their target price on shares of Zscaler from $350.00 to $310.00 and set a “buy” rating for the company in a report on Wednesday, November 26th. B. Riley initiated coverage on shares of Zscaler in a report on Tuesday, August 26th. They issued a “neutral” rating and a $275.00 price target on the stock. BMO Capital Markets raised their price objective 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. Finally, Morgan Stanley boosted their price objective on shares of Zscaler from $320.00 to $335.00 and gave the company an “overweight” rating in a report on Thursday, November 13th. One investment analyst has rated the stock with a Strong Buy rating, thirty-two have given a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $321.87.

Insider Buying and Selling

In other Zscaler news, insider Robert Schlossman sold 3,200 shares of the company’s stock in a transaction on Friday, October 24th. The shares were sold at an average price of $325.00, for a total transaction of $1,040,000.00. Following the sale, the insider owned 80,086 shares of the company’s stock, valued at approximately $26,027,950. This represents a 3.84% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Raj Judge sold 4,524 shares of the 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 sale, 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. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 43,084 shares of company stock valued at $12,446,825. Insiders own 17.20% of the company’s stock.

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.