Aberdeen Group plc Grows Position in Zscaler, Inc. $ZS

Aberdeen Group plc increased its position in Zscaler, Inc. (NASDAQ:ZS) by 5.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 64,906 shares of the company’s stock after buying an additional 3,233 shares during the quarter. Aberdeen Group plc’s holdings in Zscaler were worth $19,450,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in ZS. Murphy & Mullick Capital Management Corp raised its stake in shares of Zscaler by 185.9% during the third quarter. Murphy & Mullick Capital Management Corp now owns 223 shares of the company’s stock valued at $69,000 after acquiring an additional 145 shares during the last quarter. Vista Capital Partners Inc. purchased a new position in Zscaler during the 3rd quarter valued at about $208,000. Missouri Trust & Investment Co raised its position in Zscaler by 1,460.0% during the 3rd quarter. Missouri Trust & Investment Co now owns 156 shares of the company’s stock valued at $47,000 after purchasing an additional 146 shares during the last quarter. Assetmark Inc. lifted its holdings in Zscaler by 50.2% in the 3rd quarter. Assetmark Inc. now owns 844 shares of the company’s stock worth $253,000 after buying an additional 282 shares during the period. Finally, Wedbush Securities Inc. grew its position in shares of Zscaler by 0.7% in the 3rd quarter. Wedbush Securities Inc. now owns 5,129 shares of the company’s stock worth $1,537,000 after buying an additional 34 shares during the last quarter. 46.45% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of brokerages recently commented on ZS. Citizens Jmp restated a “market outperform” rating and set a $355.00 target price on shares of Zscaler in a report on Wednesday, November 26th. KeyCorp decreased their price objective on shares of Zscaler from $300.00 to $250.00 and set an “overweight” rating for the company in a report on Tuesday. Scotiabank cut their target price on shares of Zscaler from $334.00 to $320.00 and set a “sector outperform” rating on the stock in a research note on Wednesday, November 26th. Cantor Fitzgerald reissued an “overweight” rating on shares of Zscaler in a research note on Monday, February 9th. Finally, HC Wainwright restated a “buy” rating on shares of Zscaler in a report on Wednesday, November 26th. One investment analyst has rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Zscaler currently has a consensus rating of “Moderate Buy” and an average price target of $310.65.

Zscaler Price Performance

NASDAQ:ZS opened at $172.13 on Thursday. The business’s 50-day moving average is $209.72 and its 200 day moving average is $261.03. Zscaler, Inc. has a 12 month low of $162.87 and a 12 month high of $336.99. The company has a market capitalization of $27.45 billion, a P/E ratio of -662.01, a P/E/G ratio of 351.83 and a beta of 1.02. The company has a current ratio of 1.82, a quick ratio of 1.82 and a debt-to-equity ratio of 0.86.

Zscaler (NASDAQ:ZS) last released its quarterly earnings data on Tuesday, November 25th. The company reported $0.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 return on equity of 0.12% and a negative net margin of 1.45%.The company’s revenue was up 25.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $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. On average, equities research analysts forecast that Zscaler, Inc. will post -0.1 earnings per share for the current fiscal year.

Insider Buying and Selling at Zscaler

In other Zscaler news, EVP Raj Judge sold 3,438 shares of Zscaler stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of $230.82, for a total value 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 filing with the SEC, which is available at this link. Also, CFO Kevin Rubin sold 3,303 shares of the company’s stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of $230.82, for a total transaction of $762,398.46. Following the sale, the chief financial officer owned 48,161 shares in the company, valued at $11,116,522.02. This represents a 6.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 19,350 shares of company stock valued at $4,471,509 over the last ninety days. Corporate insiders own 17.20% of the company’s stock.

About Zscaler

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.