Van ECK Associates Corp Has $715,000 Stock Holdings in Zscaler, Inc. $ZS

Van ECK Associates Corp decreased its position in Zscaler, Inc. (NASDAQ:ZS) by 46.9% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 5,069 shares of the company’s stock after selling 4,486 shares during the quarter. Van ECK Associates Corp’s holdings in Zscaler were worth $715,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Binnacle Investments Inc bought a new stake in Zscaler during the third quarter worth about $25,000. AlphaCentric Advisors LLC bought a new position in shares of Zscaler in the fourth quarter valued at approximately $29,000. University of Texas Texas AM Investment Management Co. bought a new position in shares of Zscaler in the fourth quarter valued at approximately $30,000. Mcguire Capital Advisors Inc. acquired a new position in shares of Zscaler in the 4th quarter worth approximately $32,000. Finally, Western Wealth Management LLC acquired a new position in shares of Zscaler in the 1st quarter worth approximately $33,000. Institutional investors and hedge funds own 46.45% of the company’s stock.

Insider Buying and Selling at Zscaler

In other news, insider Adam Geller sold 2,817 shares of the firm’s stock in a transaction dated Monday, June 22nd. The stock was sold at an average price of $122.60, for a total value of $345,364.20. Following the completion of the transaction, the insider owned 42,314 shares in the company, valued at $5,187,696.40. This trade represents a 6.24% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jagtar Chaudhry sold 2,878 shares of Zscaler stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $126.43, for a total value of $363,865.54. Following the completion of the sale, the chief executive officer directly owned 343,038 shares in the company, valued at approximately $43,370,294.34. This represents a 0.83% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders have sold 16,772 shares of company stock valued at $2,139,799. Corporate insiders own 17.20% of the company’s stock.

Zscaler Price Performance

Shares of ZS opened at $169.80 on Friday. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.72. Zscaler, Inc. has a twelve month low of $114.63 and a twelve month high of $336.99. The stock has a market capitalization of $27.46 billion, a P/E ratio of -435.38, a P/E/G ratio of 104.65 and a beta of 0.95. The company has a 50 day moving average of $161.26 and a 200-day moving average of $150.53.

Zscaler (NASDAQ:ZS) last announced its quarterly earnings data on Thursday, September 3rd. The company reported $1.19 EPS for the quarter, topping analysts’ consensus estimates of $1.09 by $0.10. The business had revenue of $898.19 million for the quarter, compared to analyst estimates of $876.96 million. Zscaler had a negative net margin of 1.88% and a positive return on equity of 1.29%. The firm’s revenue for the quarter was up 24.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.89 earnings per share. Zscaler has set its FY 2027 guidance at 4.860-4.900 EPS and its Q1 2027 guidance at 1.150-1.160 EPS. As a group, equities research analysts forecast that Zscaler, Inc. will post 0.13 EPS for the current fiscal year.

Key Stories Impacting Zscaler

Here are the key news stories impacting Zscaler this week:

• Positive Sentiment: Strong fiscal fourth-quarter results: Zscaler reported adjusted EPS of $1.19 versus the $1.09 consensus and revenue of $898.2 million versus $877.0 million expected. Revenue and annual recurring revenue (ARR) each increased 25% year over year, while non-GAAP operating margin reached a record 24%. Zscaler Announces Strong Fourth Quarter and Fiscal 2026 Financial Results
• Positive Sentiment: AI and platform demand remain catalysts: Management highlighted growing demand for Security for AI, Agentic SecOps, non-seat-based products and large enterprise deals. Analysts including Baird, Stephens, Needham, Canaccord and Cantor raised price targets, generally citing the earnings beat and potential for conservative guidance to be exceeded. Zscaler Analysts Boost Their Forecasts After Better-Than-Expected Q4 Earnings
• Neutral Sentiment: Analyst opinion is divided: Some analysts called the fiscal 2027 outlook overly cautious and maintained bullish ratings, while others noted that the forecast reflects competitive pressure, the Red Canary acquisition and a more measured growth profile.
• Negative Sentiment: Fiscal 2027 growth is expected to decelerate: Zscaler guided for revenue growth of 16.6% to 17.5% and ARR growth of 16.6% to 17.4%, well below the 25% growth delivered in fiscal 2026. The slower outlook overshadowed the quarterly beat and renewed valuation concerns for high-growth cybersecurity stocks. Zscaler Fiscal 2027 Growth Forecast
• Negative Sentiment: Free cash flow weakened sharply: Fourth-quarter free cash flow fell 65% year over year to $60.8 million, versus approximately $66.9 million expected, as capital expenditures and internal-use software spending increased. Zscaler also announced a restructuring affecting about 3% of its workforce, adding execution concerns. Zscaler Shares Fall Despite Earnings Beat

Analyst Ratings Changes

A number of analysts recently commented on ZS shares. B. Riley Financial lowered their price objective on shares of Zscaler from $225.00 to $215.00 and set a “buy” rating for the company in a research report on Wednesday, May 27th. Barclays increased their price target on Zscaler from $192.00 to $200.00 and gave the stock an “overweight” rating in a report on Friday. Piper Sandler raised their price target on Zscaler from $160.00 to $175.00 and gave the stock a “neutral” rating in a research report on Friday. JPMorgan Chase & Co. lifted their price objective on Zscaler from $205.00 to $215.00 and gave the company an “overweight” rating in a report on Wednesday, August 26th. Finally, Canaccord Genuity Group reissued a “buy” rating and set a $210.00 target price on shares of Zscaler in a research note on Friday. Thirty-four analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $217.08.

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.