6,865 Shares in Zscaler, Inc. $ZS Purchased by Generali Asset Management SPA SGR

Generali Asset Management SPA SGR bought a new position in shares of Zscaler, Inc. (NASDAQ:ZS) in the fourth quarter, Holdings Channel.com reports. The institutional investor bought 6,865 shares of the company’s stock, valued at approximately $1,544,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Binnacle Investments Inc acquired a new stake in shares of Zscaler during the third quarter worth about $25,000. Root Financial Partners LLC acquired a new stake in shares of Zscaler during the third quarter worth about $26,000. Picton Mahoney Asset Management acquired a new stake in shares of Zscaler during the third quarter worth about $30,000. Family CFO Inc acquired a new stake in shares of Zscaler during the fourth quarter worth about $34,000. Finally, Spire Wealth Management lifted its holdings in shares of Zscaler by 48.9% during the third quarter. Spire Wealth Management now owns 131 shares of the company’s stock worth $39,000 after purchasing an additional 43 shares during the period. Institutional investors and hedge funds own 46.45% of the company’s stock.

Zscaler Price Performance

Zscaler stock opened at $152.13 on Monday. The stock has a market capitalization of $24.46 billion, a PE ratio of -362.21 and a beta of 0.96. Zscaler, Inc. has a 12 month low of $114.63 and a 12 month high of $336.99. The business has a 50 day simple moving average of $143.25 and a 200-day simple moving average of $206.91. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.90 and a quick ratio of 1.90.

Zscaler (NASDAQ:ZS) last issued its quarterly 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. Zscaler had a positive return on equity of 0.06% and a negative net margin of 2.25%.The firm had revenue of $815.75 million during the quarter, compared to analysts’ expectations of $798.92 million. During the same period in the previous year, the business earned $0.78 earnings per share. The firm’s revenue for the quarter was up 25.9% on a year-over-year basis. Zscaler has set its Q3 2026 guidance at 1.000-1.010 EPS and its FY 2026 guidance at 3.990-4.020 EPS. On average, analysts anticipate that Zscaler, Inc. will post -0.03 EPS for the current fiscal year.

Wall Street Analyst Weigh In

ZS has been the subject of a number of research reports. BTIG Research reaffirmed a “neutral” rating on shares of Zscaler in a report on Thursday, April 9th. Barclays set a $220.00 price target on Zscaler in a research report on Thursday, February 19th. TD Cowen reduced their price target on Zscaler from $330.00 to $260.00 and set a “buy” rating for the company in a research report on Tuesday, February 24th. Morgan Stanley cut Zscaler from an “overweight” rating to an “equal weight” rating and reduced their price target for the company from $200.00 to $155.00 in a research report on Wednesday, April 22nd. Finally, Royal Bank Of Canada reduced their price target on Zscaler from $250.00 to $205.00 and set an “outperform” rating for the company in a research report on Friday, February 27th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, eight have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $263.46.

Insider Activity

In other Zscaler news, Director James A. Beer sold 177 shares of the company’s stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $153.53, for a total value of $27,174.81. Following the completion of the sale, the director directly owned 4,384 shares in the company, valued at $673,075.52. This represents a 3.88% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Adam Geller sold 2,094 shares of the company’s stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $153.53, for a total value of $321,491.82. Following the completion of the sale, the insider owned 46,949 shares of the company’s stock, valued at approximately $7,208,079.97. The trade was a 4.27% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 12,130 shares of company stock valued at $1,892,487 in the last three months. Company insiders own 17.20% of the company’s stock.

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.