Banque Cantonale Vaudoise Increases Holdings in Zscaler, Inc. $ZS

Banque Cantonale Vaudoise raised its holdings in shares of Zscaler, Inc. (NASDAQ:ZS) by 31.4% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 24,339 shares of the company’s stock after purchasing an additional 5,813 shares during the period. Banque Cantonale Vaudoise’s holdings in Zscaler were worth $7,294,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Tradewinds Capital Management LLC increased its stake in shares of Zscaler by 145.7% during the third quarter. Tradewinds Capital Management LLC now owns 86 shares of the company’s stock valued at $26,000 after buying an additional 51 shares during the period. Root Financial Partners LLC purchased a new stake in Zscaler in the third quarter worth $26,000. McIlrath & Eck LLC bought a new stake in Zscaler in the third quarter valued at $29,000. Picton Mahoney Asset Management bought a new stake in Zscaler in the third quarter valued at $30,000. Finally, E Fund Management Hong Kong Co. Ltd. increased its position in Zscaler by 81.9% during the 3rd quarter. E Fund Management Hong Kong Co. Ltd. now owns 131 shares of the company’s stock valued at $39,000 after purchasing an additional 59 shares during the period. Hedge funds and other institutional investors own 46.45% of the company’s stock.

Zscaler Stock Down 0.9%

NASDAQ:ZS opened at $162.62 on Tuesday. The firm’s 50-day moving average price is $190.32 and its 200-day moving average price is $250.01. The company has a market capitalization of $26.15 billion, a PE ratio of -387.19 and a beta of 1.07. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.90 and a quick ratio of 1.90. Zscaler, Inc. has a 1-year low of $140.56 and a 1-year high of $336.99.

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

Insider Buying and Selling at Zscaler

In related news, insider Robert Schlossman sold 3,084 shares of the company’s stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $230.82, for a total value of $711,848.88. Following the sale, the insider owned 77,002 shares in the company, valued at $17,773,601.64. This represents a 3.85% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Raj Judge sold 3,438 shares of the firm’s stock in a transaction that occurred 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 transaction, the executive vice president directly owned 70,394 shares of the company’s stock, valued at approximately $16,248,343.08. This trade represents a 4.66% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 19,350 shares of company stock valued at $4,471,509. 17.20% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

ZS has been the subject of several research reports. JPMorgan Chase & Co. decreased their price objective on shares of Zscaler from $354.00 to $267.00 and set an “overweight” rating for the company in a report on Friday, February 20th. Canaccord Genuity Group cut their target price on shares of Zscaler from $340.00 to $275.00 and set a “buy” rating on the stock in a research note on Friday, February 27th. Citigroup reduced their price target on shares of Zscaler from $305.00 to $195.00 and set a “buy” rating on the stock in a research report on Monday, March 2nd. KeyCorp decreased their price target on shares of Zscaler from $300.00 to $250.00 and set an “overweight” rating for the company in a research note on Tuesday, February 17th. Finally, Zacks Research lowered shares of Zscaler from a “hold” rating to a “strong sell” rating in a report on Thursday, February 26th. Two analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, six have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, Zscaler currently has a consensus rating of “Moderate Buy” and an average target price of $267.92.

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.