MassMutual Private Wealth & Trust FSB Purchases 4,069 Shares of Zscaler, Inc. $ZS

MassMutual Private Wealth & Trust FSB raised its position in Zscaler, Inc. (NASDAQ:ZS) by 4,787.1% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,154 shares of the company’s stock after buying an additional 4,069 shares during the period. MassMutual Private Wealth & Trust FSB’s holdings in Zscaler were worth $586,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. First Trust Advisors LP boosted its holdings in shares of Zscaler by 36.2% in the 1st quarter. First Trust Advisors LP now owns 3,518,678 shares of the company’s stock worth $493,635,000 after acquiring an additional 935,781 shares in the last quarter. Price T Rowe Associates Inc. MD increased 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 valued at $578,576,000 after purchasing an additional 777,414 shares in the last quarter. AQR Capital Management LLC increased its holdings in Zscaler by 61.8% during 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 in the last quarter. Pictet Asset Management Holding SA raised its position in Zscaler by 52.5% in the 1st quarter. Pictet Asset Management Holding SA now owns 1,920,540 shares of the company’s stock valued at $269,285,000 after purchasing an additional 661,413 shares during the last quarter. Finally, SEB Asset Management AB bought a new position in Zscaler in the 1st quarter valued at $60,033,000. 46.45% of the stock is owned by institutional investors.

Zscaler Trading Down 1.0%

ZS stock opened at $161.65 on Thursday. The company has a market cap of $26.14 billion, a P/E ratio of -336.76, a PEG ratio of 58.75 and a beta of 0.94. Zscaler, Inc. has a twelve month low of $114.63 and a twelve month high of $336.99. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.72. The business has a fifty day moving average of $140.27 and a 200-day moving average of $152.75.

Zscaler (NASDAQ:ZS) last posted its quarterly earnings results on Tuesday, May 26th. The company reported $1.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.01 by $0.07. The business had revenue of $850.48 million for the quarter, compared to analysts’ expectations of $835.14 million. Zscaler had a negative return on equity of 0.37% and a negative net margin of 2.44%.The firm’s quarterly revenue was up 25.4% compared to the same quarter last year. During the same quarter last year, the business earned $0.84 earnings per share. 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 research analysts expect that Zscaler, Inc. will post 0.12 EPS for the current year.

Insider Buying and Selling at Zscaler

In other news, CFO Kevin Rubin sold 503 shares of Zscaler stock in a transaction that occurred on Monday, July 27th. The shares were sold at an average price of $147.12, for a total transaction of $74,001.36. Following the completion of the sale, the chief financial officer owned 41,398 shares in the company, valued at $6,090,473.76. The trade was a 1.20% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Robert Schlossman sold 3,146 shares of the stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $126.43, for a total transaction of $397,748.78. Following the completion of the transaction, the insider owned 69,366 shares in the company, valued at $8,769,943.38. This represents a 4.34% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 16,269 shares of company stock worth $2,052,589 in the last 90 days. Corporate insiders own 17.20% of the company’s stock.

Wall Street Analysts Forecast Growth

ZS has been the topic of several research analyst reports. BMO Capital Markets decreased their target price on Zscaler from $210.00 to $178.00 and set an “outperform” rating on the stock in a report on Wednesday, May 27th. Truist Financial set a $210.00 price target on shares of Zscaler in a research report on Wednesday, May 27th. B. Riley Financial reduced their price target on shares of Zscaler from $225.00 to $215.00 and set a “buy” rating on the stock in a research report on Wednesday, May 27th. Wolfe Research reissued an “outperform” rating and set a $150.00 price objective on shares of Zscaler in a report on Thursday, June 11th. Finally, TD Cowen restated a “buy” rating on shares of Zscaler in a research report on Wednesday, May 27th. Thirty-four research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $214.21.

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.