Caerus Investment Advisors LLC Buys New Shares in Zscaler, Inc. $ZS

Caerus Investment Advisors LLC bought a new position in shares of Zscaler, Inc. (NASDAQ:ZS) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 3,287 shares of the company’s stock, valued at approximately $985,000.

Several other hedge funds have also recently added to or reduced their stakes in the business. Binnacle Investments Inc bought a new position in shares of Zscaler in the third quarter valued at $25,000. Tradewinds Capital Management LLC boosted its stake in shares of Zscaler by 145.7% during the 3rd quarter. Tradewinds Capital Management LLC now owns 86 shares of the company’s stock worth $26,000 after acquiring an additional 51 shares in the last quarter. Root Financial Partners LLC bought a new stake in shares of Zscaler during the 3rd quarter worth $26,000. McIlrath & Eck LLC acquired a new position in shares of Zscaler in the 3rd quarter worth $29,000. Finally, Picton Mahoney Asset Management acquired a new stake in shares of Zscaler during the third quarter worth $30,000. Institutional investors and hedge funds own 46.45% of the company’s stock.

Zscaler Price Performance

ZS opened at $156.00 on Wednesday. The firm has a market capitalization of $25.08 billion, a P/E ratio of -371.43 and a beta of 1.07. The stock has a fifty day moving average of $181.98 and a 200-day moving average of $244.98. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 0.78. Zscaler, Inc. has a 12-month low of $140.56 and a 12-month 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 for the quarter, beating analysts’ consensus estimates of $0.89 by $0.12. The business had revenue of $815.75 million for the quarter, compared to the consensus estimate of $798.92 million. Zscaler had a positive return on equity of 0.06% and a negative net margin of 2.25%.Zscaler’s revenue for the quarter was up 25.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.78 earnings per share. Zscaler has set its Q3 2026 guidance at 1.000-1.010 EPS and its FY 2026 guidance at 3.990-4.020 EPS. Equities analysts forecast that Zscaler, Inc. will post -0.1 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on ZS shares. Canaccord Genuity Group reduced their target price on Zscaler from $340.00 to $275.00 and set a “buy” rating for the company in a report on Friday, February 27th. Stephens dropped their price target on Zscaler from $340.00 to $225.00 and set an “overweight” rating on the stock in a research note on Monday, February 23rd. BMO Capital Markets cut their price objective on Zscaler from $315.00 to $210.00 and set an “outperform” rating on the stock in a report on Friday, February 27th. UBS Group reduced their price objective on shares of Zscaler from $350.00 to $340.00 and set a “buy” rating for the company in a research note on Wednesday, November 26th. Finally, JPMorgan Chase & Co. decreased their target price 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. Two investment 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 given a Sell rating to the stock. According to MarketBeat.com, Zscaler presently has a consensus rating of “Moderate Buy” and a consensus target price of $267.13.

Insider Buying and Selling

In other Zscaler news, Director James A. Beer sold 653 shares of Zscaler stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $226.72, for a total transaction of $148,048.16. Following the transaction, the director owned 3,485 shares of the company’s stock, valued at $790,119.20. The trade was a 15.78% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 17.20% of the company’s stock.

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.