Savant Capital LLC Sells 18,438 Shares of Zscaler, Inc. $ZS

Savant Capital LLC reduced its position in shares of Zscaler, Inc. (NASDAQ:ZS) by 94.9% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 981 shares of the company’s stock after selling 18,438 shares during the quarter. Savant Capital LLC’s holdings in Zscaler were worth $221,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in ZS. Integrated Wealth Concepts LLC raised 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 purchasing an additional 239 shares in the last quarter. NewEdge Advisors LLC grew its position in shares of Zscaler by 8.2% in the 1st quarter. NewEdge Advisors LLC now owns 4,899 shares of the company’s stock worth $972,000 after buying an additional 370 shares during the period. Empowered Funds LLC grew its position in shares of Zscaler by 9.2% in the 1st quarter. Empowered Funds LLC now owns 2,811 shares of the company’s stock worth $558,000 after buying an additional 238 shares during the period. Sivia Capital Partners LLC purchased a new stake in shares of Zscaler in the 2nd quarter worth about $252,000. Finally, Jump Financial LLC purchased a new stake in Zscaler during the 2nd quarter valued at about $3,019,000. 46.45% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts recently commented on the stock. Stephens set a $205.00 price objective on shares of Zscaler in a research report on Wednesday, May 27th. Needham & Company LLC reiterated a “buy” rating and issued a $180.00 price objective on shares of Zscaler in a research note on Wednesday, May 27th. Canaccord Genuity Group lowered their price objective on shares of Zscaler from $275.00 to $210.00 and set a “buy” rating on the stock in a research note on Wednesday, May 27th. Stifel Nicolaus decreased their target price on shares of Zscaler from $180.00 to $175.00 and set a “buy” rating on the stock in a research note on Wednesday, May 27th. Finally, BTIG Research restated a “neutral” rating on shares of Zscaler in a research note on Thursday, April 9th. Thirty-three analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $216.03.

Insider Activity at Zscaler

In other Zscaler news, CEO Jagtar Singh Chaudhry sold 1,941 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 $303,941.19. Following the completion of the transaction, the chief executive officer directly owned 345,916 shares of the company’s stock, valued at $54,166,986.44. The trade was a 0.56% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Robert Schlossman sold 2,263 shares of Zscaler stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $156.59, for a total transaction of $354,363.17. Following the transaction, the insider directly owned 72,390 shares of the company’s stock, valued at $11,335,550.10. The trade was a 3.03% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 12,130 shares of company stock valued at $1,892,487 over the last three months. Corporate insiders own 17.20% of the company’s stock.

Zscaler Stock Performance

ZS stock opened at $130.78 on Monday. The firm has a fifty day moving average price of $143.61 and a 200 day moving average price of $182.64. Zscaler, Inc. has a fifty-two week low of $114.63 and a fifty-two week high of $336.99. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.86 and a current ratio of 1.86. The firm has a market cap of $21.15 billion, a PE ratio of -272.45 and a beta of 0.97.

Zscaler (NASDAQ:ZS) last posted its earnings results on Tuesday, May 26th. The company reported $1.08 earnings per share for the quarter, beating analysts’ consensus estimates of $1.01 by $0.07. Zscaler had a negative net margin of 2.44% and a negative return on equity of 0.37%. The firm had revenue of $850.48 million during the quarter, compared to analyst estimates of $835.14 million. During the same period last year, the firm posted $0.84 earnings per share. Zscaler’s revenue for the quarter was up 25.4% compared to the same quarter last year. Zscaler has set its Q4 2026 guidance at 1.080-1.090 EPS and its FY 2026 guidance at 4.100-4.110 EPS. Sell-side analysts anticipate that Zscaler, Inc. will post -0.03 earnings per share for the current fiscal year.

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.