PKO Investment Management Joint Stock Co Takes Position in Zscaler, Inc. $ZS

PKO Investment Management Joint Stock Co acquired a new stake in shares of Zscaler, Inc. (NASDAQ:ZS) in the 4th quarter, HoldingsChannel.com reports. The firm acquired 5,000 shares of the company’s stock, valued at approximately $1,125,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Benjamin Edwards Inc. lifted its holdings in shares of Zscaler by 245.6% during the 4th quarter. Benjamin Edwards Inc. now owns 7,904 shares of the company’s stock valued at $1,777,000 after purchasing an additional 5,617 shares during the last quarter. Strs Ohio lifted its holdings in shares of Zscaler by 773.4% during the 4th quarter. Strs Ohio now owns 20,393 shares of the company’s stock valued at $4,587,000 after purchasing an additional 18,058 shares during the last quarter. Fifth Third Bancorp lifted its holdings in shares of Zscaler by 9.4% during the 4th quarter. Fifth Third Bancorp now owns 1,118 shares of the company’s stock valued at $251,000 after purchasing an additional 96 shares during the last quarter. Danske Bank A S lifted its holdings in shares of Zscaler by 23.9% during the 4th quarter. Danske Bank A S now owns 54,859 shares of the company’s stock valued at $12,339,000 after purchasing an additional 10,588 shares during the last quarter. Finally, Turning Point Benefit Group Inc. raised its stake in Zscaler by 71.6% in the 4th quarter. Turning Point Benefit Group Inc. now owns 2,840 shares of the company’s stock worth $639,000 after acquiring an additional 1,185 shares during the last quarter. Hedge funds and other institutional investors own 46.45% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently issued reports on ZS shares. Morgan Stanley lowered Zscaler from an “overweight” rating to an “equal weight” rating and reduced their target price for the stock from $200.00 to $155.00 in a research note on Wednesday, April 22nd. JPMorgan Chase & Co. reduced their target price on Zscaler from $354.00 to $267.00 and set an “overweight” rating for the company in a research note on Friday, February 20th. Canaccord Genuity Group reduced their target price on Zscaler from $340.00 to $275.00 and set a “buy” rating for the company in a research note on Friday, February 27th. Stephens reduced their target price on Zscaler from $340.00 to $225.00 and set an “overweight” rating for the company in a research note on Monday, February 23rd. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Zscaler in a research note on Wednesday, January 21st. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, Zscaler currently has an average rating of “Moderate Buy” and a consensus price target of $263.46.

Insider Activity

In related news, insider Robert Schlossman sold 2,263 shares of the firm’s stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $156.59, for a total transaction of $354,363.17. Following the sale, the insider directly owned 72,390 shares of the company’s stock, valued at $11,335,550.10. This trade represents a 3.03% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Kevin Rubin sold 1,682 shares of the firm’s stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $156.59, for a total value of $263,384.38. Following the sale, the chief financial officer directly owned 46,479 shares in the company, valued at approximately $7,278,146.61. This trade represents a 3.49% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 12,130 shares of company stock valued at $1,892,487 over the last 90 days. Company insiders own 17.20% of the company’s stock.

Zscaler Price Performance

Shares of ZS opened at $139.81 on Monday. The business’s 50-day moving average is $143.64 and its two-hundred day moving average is $210.21. The company has a market capitalization of $22.48 billion, a P/E ratio of -332.88 and a beta of 0.96. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.90 and a current ratio of 1.90. Zscaler, Inc. has a fifty-two week low of $114.63 and a fifty-two week high of $336.99.

Zscaler (NASDAQ:ZS) last posted its earnings results on Thursday, February 26th. The company reported $1.01 EPS for the quarter, topping the consensus estimate of $0.89 by $0.12. The firm had revenue of $815.75 million for the quarter, compared to analyst estimates of $798.92 million. Zscaler had a positive return on equity of 0.06% and a negative net margin of 2.25%.Zscaler’s revenue for the quarter was up 25.9% compared to the same quarter last year. During the same period last year, the company earned $0.78 earnings per share. Zscaler has set its Q3 2026 guidance at 1.000-1.010 EPS and its FY 2026 guidance at 3.990-4.020 EPS. Research analysts predict that Zscaler, Inc. will post -0.03 earnings per share for the current year.

About Zscaler

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.