Zscaler, Inc. $ZS Shares Newly Acquired by Curated Wealth Partners LLC

Curated Wealth Partners LLC purchased a new stake in Zscaler, Inc. (NASDAQ:ZS) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor purchased 3,226 shares of the company’s stock, valued at approximately $643,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Handelsbanken Fonder AB boosted its holdings in Zscaler by 89.6% during the 2nd quarter. Handelsbanken Fonder AB now owns 60,933 shares of the company’s stock valued at $8,601,000 after acquiring an additional 28,792 shares during the period. Assenagon Asset Management S.A. increased its position in shares of Zscaler by 6.6% during the second quarter. Assenagon Asset Management S.A. now owns 193,297 shares of the company’s stock worth $27,284,000 after acquiring an additional 11,941 shares during the period. Bank of America Corp DE boosted its holdings in Zscaler by 44.3% in the first quarter. Bank of America Corp DE now owns 779,245 shares of the company’s stock valued at $109,320,000 after purchasing an additional 239,326 shares during the period. Danica Pension Livsforsikringsaktieselskab purchased a new stake in Zscaler during the 2nd quarter worth about $11,232,000. Finally, Amundi increased its stake in shares of Zscaler by 12.8% during the second quarter. Amundi now owns 1,137,837 shares of the company’s stock worth $160,606,000 after buying an additional 129,563 shares during the period. Hedge funds and other institutional investors own 46.45% of the company’s stock.

Zscaler Stock Performance

ZS opened at $220.43 on Friday. The stock’s 50 day simple moving average is $191.23 and its 200 day simple moving average is $159.67. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.70 and a quick ratio of 1.70. The stock has a market cap of $35.94 billion, a P/E ratio of -565.21, a P/E/G ratio of 21.22 and a beta of 0.94. Zscaler, Inc. has a 1-year low of $114.63 and a 1-year high of $336.99.

Zscaler (NASDAQ:ZS) last issued its quarterly earnings data on Thursday, September 3rd. The company reported $1.19 EPS for the quarter, beating analysts’ consensus estimates of $1.09 by $0.10. Zscaler had a negative net margin of 1.88% and a positive return on equity of 1.23%. The firm had revenue of $898.19 million for the quarter, compared to analysts’ expectations of $876.96 million. During the same period in the prior year, the company earned $0.89 EPS. The firm’s revenue was up 24.9% on a year-over-year basis. 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 analysts anticipate that Zscaler, Inc. will post 0.69 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the stock. Robert W. Baird raised their price objective on shares of Zscaler from $230.00 to $285.00 and gave the company an “outperform” rating in a report on Wednesday, October 7th. BMO Capital Markets boosted their price objective on shares of Zscaler from $178.00 to $200.00 and gave the stock an “outperform” rating in a research report on Friday, September 4th. Canaccord Genuity Group lifted their price target on shares of Zscaler from $210.00 to $250.00 and gave the stock a “buy” rating in a research note on Wednesday, October 7th. Wedbush raised their price objective on Zscaler from $215.00 to $240.00 and gave the stock an “outperform” rating in a report on Wednesday, October 7th. Finally, Barclays raised their target price on shares of Zscaler from $220.00 to $225.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 7th. Thirty-five investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $239.78.

More Zscaler News

Here are the key news stories impacting Zscaler this week:

• Positive Sentiment: Citigroup raised its price target and rating: Citi increased its target for Zscaler from $245 to $260 and upgraded the stock to Buy, implying roughly 18% upside from the referenced price. The firm cited improving cybersecurity-spending momentum. Cybersecurity Stocks Retreat From Record Highs
• Positive Sentiment: Enterprise demand indicators improved: Wells Fargo reported that discussions with channel partners and its reseller survey pointed to stronger cybersecurity spending heading into 2027. Separately, BT International added Zscaler’s security-service-edge offerings to its global-fabric portfolio, potentially expanding distribution and customer reach. BT International Adds Zscaler SSE Options
• Neutral Sentiment: Sector pullback is offsetting company-specific positives: Cybersecurity stocks retreated from recent highs, suggesting investors are taking profits even as analysts become more constructive on spending trends and Zscaler’s long-term growth prospects.
• Negative Sentiment: Investor-relations and legal concerns resurfaced: Pomerantz LLP announced an investigation into potential claims on behalf of Zscaler investors. The announcement does not establish wrongdoing, but litigation-related headlines can weigh on sentiment. Pomerantz Investor Alert
• Negative Sentiment: Insider selling and valuation risks remain overhangs: Chief Product Officer Adam Geller sold approximately $5.65 million of ZS shares through a pre-arranged Rule 10b5-1 plan. Commentary also cautioned that expected fiscal 2027 growth moderation and weak net-new ARR guidance may limit upside after the stock’s substantial rebound. Zscaler Insider Sale

Insider Activity

In related news, CEO Jagtar Chaudhry sold 2,852 shares of the company’s stock in a transaction on Wednesday, September 16th. The stock was sold at an average price of $192.76, for a total value of $549,751.52. Following the completion of the transaction, the chief executive officer directly owned 340,186 shares in the company, valued at approximately $65,574,253.36. This represents a 0.83% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Kevin Rubin sold 5,957 shares of the firm’s stock in a transaction that occurred on Wednesday, September 16th. The stock was sold at an average price of $192.76, for a total transaction of $1,148,271.32. Following the completion of the sale, the chief financial officer directly owned 43,287 shares in the company, valued at $8,344,002.12. This represents a 12.10% decrease in their ownership of the stock. 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. Insiders have sold a total of 54,053 shares of company stock valued at $11,256,876 in the last 90 days. Company insiders own 17.20% of the company’s stock.

About Zscaler

Zscaler, Inc is a cloud-based cybersecurity company that provides security services designed to help organizations connect users, applications, devices and workloads securely. Its platform is built around a zero-trust security model, which verifies access based on identity, context and policy rather than relying primarily on traditional network perimeters.

The company’s offerings include Zscaler Internet Access, which helps secure internet and software-as-a-service access, and Zscaler Private Access, which provides controlled access to private applications without extending an organization’s network to remote users.