Zscaler, Inc. $ZS Shares Sold by Abacus FCF Advisors LLC

Abacus FCF Advisors LLC reduced its stake in shares of Zscaler, Inc. (NASDAQ:ZS) by 58.8% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 25,394 shares of the company’s stock after selling 36,173 shares during the quarter. Abacus FCF Advisors LLC’s holdings in Zscaler were worth $7,610,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of ZS. Vanguard Group Inc. raised its position in shares of Zscaler by 8.3% during the 2nd quarter. Vanguard Group Inc. now owns 10,715,132 shares of the company’s stock worth $3,363,909,000 after buying an additional 824,626 shares in the last quarter. Geode Capital Management LLC increased its stake in shares of Zscaler by 6.0% during the second quarter. Geode Capital Management LLC now owns 1,866,329 shares of the company’s stock valued at $584,160,000 after acquiring an additional 105,318 shares during the period. AQR Capital Management LLC increased its stake in shares of Zscaler by 0.7% during the second quarter. AQR Capital Management LLC now owns 1,199,815 shares of the company’s stock valued at $371,823,000 after acquiring an additional 7,885 shares during the period. Federated Hermes Inc. raised its holdings in Zscaler by 314.0% during the second quarter. Federated Hermes Inc. now owns 1,171,983 shares of the company’s stock worth $367,932,000 after purchasing an additional 888,888 shares in the last quarter. Finally, DnB Asset Management AS lifted its position in Zscaler by 12.1% in the first quarter. DnB Asset Management AS now owns 748,376 shares of the company’s stock worth $148,493,000 after purchasing an additional 80,993 shares during the period. Institutional investors own 46.45% of the company’s stock.

Insider Transactions at Zscaler

In related news, EVP Raj Judge sold 3,438 shares of the firm’s stock in a transaction on Tuesday, December 16th. The stock was sold at an average price of $230.82, for a total transaction of $793,559.16. Following the completion of the transaction, the executive vice president directly owned 70,394 shares of the company’s stock, valued at $16,248,343.08. This trade represents a 4.66% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Robert Schlossman sold 7,006 shares of the company’s stock in a transaction that occurred 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 sale, the insider owned 76,132 shares in the company, valued at $23,263,655.24. The trade was a 8.43% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 28,903 shares of company stock worth $7,504,284. 17.20% of the stock is currently owned by insiders.

Zscaler Price Performance

NASDAQ:ZS opened at $228.02 on Tuesday. Zscaler, Inc. has a 52 week low of $164.78 and a 52 week high of $336.99. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.82 and a current ratio of 1.82. The firm’s 50-day simple moving average is $276.30 and its 200 day simple moving average is $286.15. The firm has a market cap of $36.36 billion, a price-to-earnings ratio of -876.97, a P/E/G ratio of 4,420.20 and a beta of 1.07.

Zscaler (NASDAQ:ZS) last announced its quarterly earnings data on Tuesday, November 25th. The company reported $0.96 earnings per share for the quarter, beating the consensus estimate of $0.85 by $0.11. Zscaler had a negative return on equity of 0.12% and a negative net margin of 1.45%.The firm had revenue of $788.11 million during the quarter, compared to analysts’ expectations of $773.86 million. During the same period in the previous year, the firm earned $0.77 EPS. The company’s quarterly revenue was up 25.5% compared to the same quarter last year. 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 predict that Zscaler, Inc. will post -0.1 earnings per share for the current year.

Wall Street Analyst Weigh In

Several brokerages have recently commented on ZS. Capital One Financial set a $320.00 target price on Zscaler and gave the company an “overweight” rating in a report on Wednesday, November 26th. Loop Capital set a $320.00 price objective on Zscaler in a report on Thursday, December 11th. Evercore ISI lifted their price objective on Zscaler from $290.00 to $320.00 and gave the stock an “outperform” rating in a research note on Wednesday, September 3rd. JPMorgan Chase & Co. raised their price target on shares of Zscaler from $351.00 to $354.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 26th. Finally, Wall Street Zen cut Zscaler from a “buy” rating to a “hold” rating in a research report on Saturday, October 18th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $322.66.

Zscaler Profile

Zscaler is a cloud security company that delivers a cloud-native platform to protect users, applications and data as organizations move away from traditional, network-centric security architectures. The company focuses on a zero trust approach that assumes no implicit trust for users or devices, providing secure access to the internet, SaaS applications and private applications regardless of where users are located. Zscaler positions its services as an alternative to legacy appliances and site-centric VPNs, aiming to simplify security while enabling modern, distributed workforces.

Key offerings are built around the Zscaler Zero Trust Exchange, a multi-tenant cloud platform that enforces security and access policies in-line.