Oxbow Advisors LLC Buys New Position in Zscaler, Inc. $ZS

Oxbow Advisors LLC purchased a new stake in Zscaler, Inc. (NASDAQ:ZS) in the fourth quarter, HoldingsChannel.com reports. The firm purchased 13,068 shares of the company’s stock, valued at approximately $2,939,000.

Other institutional investors have also added to or reduced their stakes in the company. Groupama Asset Managment increased its holdings in shares of Zscaler by 76,352.6% during the third quarter. Groupama Asset Managment now owns 4,750,000 shares of the company’s stock valued at $1,423,385,000 after acquiring an additional 4,743,787 shares in the last quarter. AQR Capital Management LLC raised its position in shares of Zscaler by 61.8% in the 3rd quarter. AQR Capital Management LLC now owns 1,941,571 shares of the company’s stock valued at $576,083,000 after purchasing an additional 741,756 shares during the last quarter. Vanguard Group Inc. boosted its stake in Zscaler by 6.1% in the 3rd quarter. Vanguard Group Inc. now owns 11,367,903 shares of the company’s stock worth $3,406,506,000 after purchasing an additional 652,771 shares in the last quarter. Alyeska Investment Group L.P. purchased a new stake in Zscaler during the 3rd quarter worth approximately $109,440,000. Finally, Danica Pension Livsforsikringsaktieselskab purchased a new stake in Zscaler during the 3rd quarter worth approximately $88,387,000. Institutional investors and hedge funds own 46.45% of the company’s stock.

Zscaler Stock Down 0.4%

NASDAQ:ZS opened at $152.13 on Friday. The firm has a market capitalization of $24.46 billion, a P/E ratio of -362.21 and a beta of 0.96. Zscaler, Inc. has a 1-year low of $114.63 and a 1-year high of $336.99. The company’s fifty day moving average price is $143.25 and its 200-day moving average price is $206.91. 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 (NASDAQ:ZS) last posted its 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 the consensus estimate of $798.92 million. During the same period in the previous year, the firm posted $0.78 earnings per share. The firm’s quarterly 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. As a group, equities research analysts anticipate that Zscaler, Inc. will post -0.03 EPS for the current year.

Analysts Set New Price Targets

A number of research firms have issued reports on ZS. Barclays set a $220.00 price target on shares of Zscaler in a report on Thursday, February 19th. Zacks Research downgraded Zscaler from a “hold” rating to a “strong sell” rating in a research report on Wednesday, April 29th. Robert W. Baird reduced their target price on Zscaler from $360.00 to $300.00 and set an “outperform” rating for the company in a research note on Monday, February 23rd. BMO Capital Markets lowered their price target on Zscaler from $315.00 to $210.00 and set an “outperform” rating for the company in a research report on Friday, February 27th. Finally, Berenberg Bank dropped their price target on Zscaler from $390.00 to $320.00 and set a “buy” rating on the stock in a research note on Friday, February 27th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $263.46.

Insiders Place Their Bets

In other news, CEO Jagtar Singh Chaudhry sold 1,941 shares of the company’s stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $156.59, for a total value of $303,941.19. Following the sale, the chief executive officer owned 345,916 shares in the company, valued at $54,166,986.44. This represents a 0.56% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Adam Geller sold 2,094 shares of the firm’s stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $153.53, for a total value of $321,491.82. Following the sale, the insider directly owned 46,949 shares in the company, valued at approximately $7,208,079.97. This trade represents a 4.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 12,130 shares of company stock worth $1,892,487. 17.20% of the stock is currently owned by company insiders.

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.