Swiss National Bank Has $42.68 Million Holdings in Zscaler, Inc. $ZS

Swiss National Bank grew its holdings in Zscaler, Inc. (NASDAQ:ZS) by 7.9% during the 1st quarter, Holdings Channel reports. The firm owned 304,200 shares of the company’s stock after purchasing an additional 22,200 shares during the period. Swiss National Bank’s holdings in Zscaler were worth $42,676,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. raised its stake in shares of Zscaler by 0.5% during the fourth quarter. Vanguard Group Inc. now owns 11,423,424 shares of the company’s stock worth $2,569,357,000 after buying an additional 55,521 shares during the last quarter. First Trust Advisors LP boosted its stake in Zscaler by 15.9% in the fourth quarter. First Trust Advisors LP now owns 2,582,897 shares of the company’s stock valued at $580,945,000 after acquiring an additional 354,763 shares during the last quarter. Price T Rowe Associates Inc. MD grew its holdings in Zscaler by 43.3% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 2,572,358 shares of the company’s stock worth $578,576,000 after acquiring an additional 777,414 shares during the period. State Street Corp grew its holdings in Zscaler by 3.4% during the 4th quarter. State Street Corp now owns 2,337,604 shares of the company’s stock worth $525,774,000 after acquiring an additional 77,800 shares during the period. Finally, Geode Capital Management LLC raised its position in shares of Zscaler by 5.0% during the 4th quarter. Geode Capital Management LLC now owns 2,069,630 shares of the company’s stock valued at $464,783,000 after acquiring an additional 98,140 shares during the last quarter. Institutional investors and hedge funds own 46.45% of the company’s stock.

Insider Activity at Zscaler

In other Zscaler news, CEO Jagtar Singh Chaudhry sold 2,878 shares of Zscaler stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $126.43, for a total value of $363,865.54. Following the transaction, the chief executive officer owned 343,038 shares of the company’s stock, valued at approximately $43,370,294.34. The trade was a 0.83% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Adam Geller sold 2,817 shares of the company’s stock in a transaction that occurred on Monday, June 22nd. The shares were sold at an average price of $122.60, for a total transaction of $345,364.20. Following the completion of the transaction, the insider owned 42,314 shares of the company’s stock, valued at $5,187,696.40. This trade represents a 6.24% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 15,766 shares of company stock valued at $1,978,587. Corporate insiders own 17.20% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the company. TD Cowen reissued a “buy” rating on shares of Zscaler in a research note on Wednesday, May 27th. Zacks Research upgraded Zscaler from a “strong sell” rating to a “hold” rating in a report on Wednesday, May 27th. Weiss Ratings reissued a “sell (e+)” rating on shares of Zscaler in a research note on Tuesday, June 9th. Stephens reissued an “overweight” rating and issued a $200.00 target price on shares of Zscaler in a research note on Friday, June 12th. Finally, Sanford C. Bernstein cut their price target on shares of Zscaler from $228.00 to $224.00 and set an “outperform” rating on the stock in a research report on Wednesday, May 27th. Thirty-four equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $214.21.

Zscaler Stock Down 4.3%

Shares of Zscaler stock opened at $142.26 on Thursday. The company has a market capitalization of $23.00 billion, a P/E ratio of -296.37, a price-to-earnings-growth ratio of 85.23 and a beta of 0.96. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.86 and a quick ratio of 1.86. The business has a 50-day moving average of $143.71 and a two-hundred day moving average of $157.52. Zscaler, Inc. has a 1 year low of $114.63 and a 1 year high of $336.99.

Zscaler (NASDAQ:ZS) last released its quarterly earnings data on Tuesday, May 26th. The company reported $1.08 earnings per share for the quarter, beating the consensus estimate of $1.01 by $0.07. Zscaler had a negative return on equity of 0.37% and a negative net margin of 2.44%.The business had revenue of $850.48 million for the quarter, compared to analysts’ expectations of $835.14 million. During the same quarter in the previous year, the business posted $0.84 EPS. Zscaler’s revenue for the quarter was up 25.4% on a year-over-year basis. Zscaler has set its Q4 2026 guidance at 1.080-1.090 EPS and its FY 2026 guidance at 4.100-4.110 EPS. As a group, equities analysts predict that Zscaler, Inc. will post 0.12 EPS for the current year.

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.