B. Metzler seel. Sohn & Co. AG Sells 4,367 Shares of Zscaler, Inc. $ZS

B. Metzler seel. Sohn & Co. AG lowered its position in Zscaler, Inc. (NASDAQ:ZS) by 15.9% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 23,026 shares of the company’s stock after selling 4,367 shares during the quarter. B. Metzler seel. Sohn & Co. AG’s holdings in Zscaler were worth $6,900,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in the business. Westpac Banking Corp lifted its holdings in shares of Zscaler by 919.0% during the third quarter. Westpac Banking Corp now owns 9,986 shares of the company’s stock worth $2,992,000 after purchasing an additional 9,006 shares during the period. VestGen Advisors LLC bought a new stake in shares of Zscaler in the second quarter worth $1,592,000. Mackenzie Financial Corp increased its holdings in Zscaler by 133.6% in the second quarter. Mackenzie Financial Corp now owns 14,780 shares of the company’s stock valued at $4,640,000 after purchasing an additional 8,454 shares during the period. Schroder Investment Management Group raised its position in Zscaler by 11.5% during the 2nd quarter. Schroder Investment Management Group now owns 164,061 shares of the company’s stock worth $51,505,000 after purchasing an additional 16,868 shares during the last quarter. Finally, Ensign Peak Advisors Inc raised its position in Zscaler by 9.9% during the 2nd quarter. Ensign Peak Advisors Inc now owns 395,391 shares of the company’s stock worth $124,129,000 after purchasing an additional 35,770 shares during the last quarter. Institutional investors own 46.45% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on ZS shares. JPMorgan Chase & Co. reduced their price target on Zscaler from $354.00 to $267.00 and set an “overweight” rating on the stock in a research report on Friday, February 20th. Morgan Stanley lowered their price objective on Zscaler from $305.00 to $200.00 and set an “overweight” rating for the company in a research report on Friday, February 27th. Citizens Jmp cut their price objective on Zscaler from $355.00 to $290.00 and set a “market outperform” rating on the stock in a research note on Friday, February 27th. Truist Financial reduced their target price on Zscaler from $350.00 to $250.00 and set a “buy” rating on the stock in a report on Tuesday, February 17th. Finally, TD Cowen decreased their target price on shares of Zscaler from $330.00 to $260.00 and set a “buy” rating for the company in a research report on Tuesday, February 24th. Two research analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $267.92.

Insider Activity

In other news, insider Robert Schlossman sold 3,084 shares of Zscaler stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of $230.82, for a total transaction of $711,848.88. Following the completion of the transaction, the insider directly owned 77,002 shares in the company, valued at $17,773,601.64. This trade represents a 3.85% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Jagtar Singh Chaudhry sold 2,843 shares of the business’s stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $230.82, for a total transaction of $656,221.26. Following the sale, the chief executive officer directly owned 347,857 shares of the company’s stock, valued at approximately $80,292,352.74. The trade was a 0.81% 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 sold 19,350 shares of company stock valued at $4,471,509. 17.20% of the stock is currently owned by insiders.

Zscaler Price Performance

Shares of NASDAQ:ZS opened at $164.06 on Monday. Zscaler, Inc. has a twelve month low of $140.56 and a twelve month high of $336.99. The stock’s 50 day moving average is $191.63 and its 200-day moving average is $250.77. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 0.78. The firm has a market capitalization of $26.38 billion, a price-to-earnings ratio of -390.62 and a beta of 1.07.

Zscaler (NASDAQ:ZS) last posted its quarterly earnings results on Thursday, February 26th. The company reported $1.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.89 by $0.12. The business had revenue of $815.75 million during the quarter, compared to the consensus estimate of $798.92 million. Zscaler had a negative net margin of 2.25% and a positive return on equity of 0.06%. Zscaler’s revenue was up 25.9% compared to the same quarter last year. During the same quarter last year, the firm posted $0.78 EPS. Zscaler has set its Q3 2026 guidance at 1.000-1.010 EPS and its FY 2026 guidance at 3.990-4.020 EPS. Sell-side analysts forecast that Zscaler, Inc. will post -0.1 EPS for the current fiscal year.

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.