Zscaler, Inc. $ZS Shares Bought by NEOS Investment Management LLC

NEOS Investment Management LLC grew its stake in Zscaler, Inc. (NASDAQ:ZS) by 78.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 46,417 shares of the company’s stock after purchasing an additional 20,416 shares during the quarter. NEOS Investment Management LLC’s holdings in Zscaler were worth $13,909,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. Integrated Wealth Concepts LLC boosted its holdings in Zscaler by 19.9% in the 1st quarter. Integrated Wealth Concepts LLC now owns 1,439 shares of the company’s stock worth $285,000 after buying an additional 239 shares during the last quarter. NewEdge Advisors LLC lifted its position in shares of Zscaler by 8.2% in the first quarter. NewEdge Advisors LLC now owns 4,899 shares of the company’s stock valued at $972,000 after acquiring an additional 370 shares in the last quarter. Empowered Funds LLC boosted its stake in shares of Zscaler by 9.2% in the first quarter. Empowered Funds LLC now owns 2,811 shares of the company’s stock worth $558,000 after acquiring an additional 238 shares during the last quarter. Sivia Capital Partners LLC acquired a new stake in shares of Zscaler in the second quarter worth approximately $252,000. Finally, Envestnet Portfolio Solutions Inc. purchased a new stake in shares of Zscaler during the second quarter worth approximately $348,000. Institutional investors and hedge funds own 46.45% of the company’s stock.

Insider Buying and Selling

In other news, CEO Jagtar Singh Chaudhry sold 2,843 shares of the business’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 $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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Robert Schlossman sold 3,084 shares of the stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $230.82, for a total transaction of $711,848.88. Following the transaction, the insider directly owned 77,002 shares of the company’s stock, valued at $17,773,601.64. The trade was a 3.85% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 19,350 shares of company stock valued at $4,471,509 over the last three months. Company insiders own 17.20% of the company’s stock.

Zscaler Trading Down 2.9%

Shares of Zscaler stock opened at $172.59 on Wednesday. The stock has a 50 day moving average of $211.15 and a 200 day moving average of $261.66. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.82 and a current ratio of 1.82. The firm has a market capitalization of $27.52 billion, a price-to-earnings ratio of -663.78, a PEG ratio of 362.29 and a beta of 1.02. Zscaler, Inc. has a fifty-two week low of $162.87 and a fifty-two week high of $336.99.

Zscaler (NASDAQ:ZS) last announced its quarterly earnings results on Tuesday, November 25th. The company reported $0.96 EPS for the quarter, beating the consensus estimate of $0.85 by $0.11. The business had revenue of $788.11 million for the quarter, compared to analyst estimates 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 quarterly revenue was up 25.5% on a year-over-year basis. During the same quarter in the prior 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. As a group, research analysts predict that Zscaler, Inc. will post -0.1 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the company. Barclays raised their price objective on Zscaler from $320.00 to $350.00 and gave the company an “overweight” rating in a report on Wednesday, November 12th. Weiss Ratings reissued a “sell (d-)” rating on shares of Zscaler in a research note on Wednesday, January 21st. Citigroup lowered their price target on shares of Zscaler from $350.00 to $305.00 and set a “buy” rating on the stock in a research report on Tuesday, January 13th. Stifel Nicolaus cut their price objective on shares of Zscaler from $330.00 to $320.00 and set a “buy” rating for the company in a report on Wednesday, November 26th. Finally, Capital One Financial set a $320.00 target price on Zscaler and gave the stock an “overweight” rating in a report on Wednesday, November 26th. One investment analyst has rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $310.65.

Zscaler Company 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.