Assenagon Asset Management S.A. Has $21.38 Million Stake in Zscaler, Inc. $ZS

Assenagon Asset Management S.A. lowered its stake in Zscaler, Inc. (NASDAQ:ZS) by 51.7% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 95,041 shares of the company’s stock after selling 101,912 shares during the quarter. Assenagon Asset Management S.A. owned 0.06% of Zscaler worth $21,377,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Diversified Trust Co. boosted its stake in Zscaler by 11.6% during the fourth quarter. Diversified Trust Co. now owns 4,578 shares of the company’s stock worth $1,030,000 after acquiring an additional 477 shares in the last quarter. Norway Savings Bank increased its stake in Zscaler by 15.7% in the fourth quarter. Norway Savings Bank now owns 7,533 shares of the company’s stock valued at $1,694,000 after purchasing an additional 1,023 shares in the last quarter. Wedmont Private Capital raised its holdings in shares of Zscaler by 2.9% during the fourth quarter. Wedmont Private Capital now owns 2,173 shares of the company’s stock valued at $502,000 after purchasing an additional 61 shares during the period. Green Alpha Advisors LLC raised its holdings in shares of Zscaler by 3.3% during the fourth quarter. Green Alpha Advisors LLC now owns 2,827 shares of the company’s stock valued at $636,000 after purchasing an additional 90 shares during the period. Finally, FNY Investment Advisers LLC boosted its position in shares of Zscaler by 65.4% during the 3rd quarter. FNY Investment Advisers LLC now owns 5,497 shares of the company’s stock worth $1,647,000 after purchasing an additional 2,173 shares in the last quarter. 46.45% of the stock is owned by institutional investors.

Zscaler Price Performance

Shares of NASDAQ ZS opened at $141.50 on Friday. The stock has a market cap of $22.75 billion, a price-to-earnings ratio of -336.90 and a beta of 1.07. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.90 and a current ratio of 1.90. Zscaler, Inc. has a fifty-two week low of $137.60 and a fifty-two week high of $336.99. The firm’s 50-day simple moving average is $172.15 and its 200 day simple moving average is $239.29.

Zscaler (NASDAQ:ZS) last issued its quarterly earnings data on Thursday, February 26th. The company reported $1.01 EPS for the quarter, topping analysts’ consensus estimates of $0.89 by $0.12. Zscaler had a positive return on equity of 0.06% and a negative net margin of 2.25%.The firm had revenue of $815.75 million during the quarter, compared to analyst estimates of $798.92 million. During the same period in the previous year, the company posted $0.78 EPS. The company’s revenue for the quarter 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. As a group, research analysts anticipate that Zscaler, Inc. will post -0.1 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Zscaler news, EVP Raj Judge sold 2,488 shares of Zscaler stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $156.59, for a total transaction of $389,595.92. Following the transaction, the executive vice president directly owned 67,906 shares of the company’s stock, valued at $10,633,400.54. The trade was a 3.53% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Kevin Rubin sold 1,682 shares of the company’s stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $156.59, for a total transaction of $263,384.38. Following the completion of the sale, the chief financial officer owned 46,479 shares of the company’s stock, valued at approximately $7,278,146.61. The trade was a 3.49% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 12,783 shares of company stock worth $2,040,536 in the last three months. 17.20% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

ZS has been the subject of several research reports. Mizuho reduced their target price on Zscaler from $265.00 to $250.00 and set an “outperform” rating for the company in a research note on Friday, February 27th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Zscaler in a report on Wednesday, January 21st. Robert W. Baird reduced their price objective on Zscaler from $360.00 to $300.00 and set an “outperform” rating for the company in a research note on Monday, February 23rd. Loop Capital set a $320.00 price objective on Zscaler in a report on Thursday, December 11th. Finally, Sanford C. Bernstein raised Zscaler from a “market perform” rating to an “outperform” rating and set a $228.00 target price on the stock in a research report on Friday, February 13th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, Zscaler currently has an average rating of “Moderate Buy” and a consensus target price of $267.13.

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.