Leonteq Securities AG Purchases Shares of 20,323 Zscaler, Inc. $ZS

Leonteq Securities AG purchased a new stake in shares of Zscaler, Inc. (NASDAQ:ZS) in the fourth quarter, HoldingsChannel reports. The institutional investor purchased 20,323 shares of the company’s stock, valued at approximately $4,571,000.

A number of other large investors have also made changes to their positions in the company. Bessemer Group Inc. grew its stake in shares of Zscaler by 3.2% during the 3rd quarter. Bessemer Group Inc. now owns 1,021 shares of the company’s stock valued at $306,000 after purchasing an additional 32 shares during the period. Wedbush Securities Inc. grew its stake in shares of Zscaler by 0.7% during the 3rd quarter. Wedbush Securities Inc. now owns 5,129 shares of the company’s stock valued at $1,537,000 after purchasing an additional 34 shares during the period. Goldstream Capital Management Ltd grew its stake in shares of Zscaler by 0.3% during the 3rd quarter. Goldstream Capital Management Ltd now owns 12,450 shares of the company’s stock valued at $3,731,000 after purchasing an additional 34 shares during the period. Kentucky Retirement Systems Insurance Trust Fund grew its stake in shares of Zscaler by 1.4% during the 3rd quarter. Kentucky Retirement Systems Insurance Trust Fund now owns 2,569 shares of the company’s stock valued at $770,000 after purchasing an additional 36 shares during the period. Finally, Advisor OS LLC grew its stake in shares of Zscaler by 4.6% during the 3rd quarter. Advisor OS LLC now owns 879 shares of the company’s stock valued at $263,000 after purchasing an additional 39 shares during the period. 46.45% of the stock is currently owned by institutional investors.

Insider Activity at Zscaler

In related news, insider Adam Geller sold 2,094 shares of the business’s stock in a transaction that occurred on Wednesday, March 18th. The stock was sold at an average price of $153.53, for a total transaction of $321,491.82. Following the completion of the transaction, the insider directly owned 46,949 shares in the company, valued at approximately $7,208,079.97. The trade was a 4.27% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Kevin Rubin sold 1,682 shares of the company’s stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $156.59, for a total value of $263,384.38. Following the completion of the transaction, the chief financial officer owned 46,479 shares of the company’s stock, valued at $7,278,146.61. The trade was a 3.49% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 12,130 shares of company stock worth $1,892,487 in the last quarter. 17.20% of the stock is currently owned by insiders.

Zscaler Trading Down 0.5%

Shares of NASDAQ:ZS opened at $174.45 on Thursday. The stock has a 50 day moving average of $143.66 and a 200 day moving average of $196.87. The company has a market cap of $28.05 billion, a PE ratio of -415.36 and a beta of 0.96. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 0.78. Zscaler, Inc. has a 12-month low of $114.63 and a 12-month high of $336.99.

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

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the company. Needham & Company LLC cut their price target on Zscaler from $310.00 to $180.00 and set a “buy” rating for the company in a research note on Friday, February 27th. Wells Fargo & Company upgraded Zscaler from an “overweight” rating to an “overweight” rating in a research note on Monday. BMO Capital Markets cut their price target on Zscaler from $315.00 to $210.00 and set an “outperform” rating for the company in a research note on Friday, February 27th. B. Riley Financial upgraded Zscaler from a “neutral” rating to a “buy” rating and cut their price target for the company from $275.00 to $225.00 in a research note on Monday. Finally, Citizens Jmp cut their price target on Zscaler from $290.00 to $210.00 and set a “market outperform” rating for the company in a research note on Friday, May 1st. One analyst has rated the stock with a Strong Buy rating, thirty 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.com, the stock has an average rating of “Moderate Buy” and an average price target of $261.26.

More Zscaler News

Here are the key news stories impacting Zscaler this week:

• Positive Sentiment: B.Riley upgraded Zscaler from Neutral to Buy, which helped fuel a strong rally as investors responded to the more constructive analyst view. Why Is Zscaler (ZS) Stock Soaring Today
• Positive Sentiment: Zscaler reported stronger-than-expected quarterly results, raised full-year guidance, and highlighted growing demand tied to AI security and zero-trust adoption, supporting the stock’s recent rebound. Why Zscaler (ZS) Is Up 19.9% After Strong Results And New AI-Focused Zero-Trust Push
• Positive Sentiment: The company launched Project AI-Guardian with major global system integrators, expanding its AI security push and giving investors another catalyst for enterprise adoption. Zscaler Partners with Global System Integrators to Launch Project AI-Guardian to Help Accelerate Enterprise AI Adoption
• Positive Sentiment: UBS said Zscaler has a positive setup into upcoming earnings, while Oppenheimer said results are likely to be balanced to slightly above plan, suggesting expectations are manageable. Zscaler Setup Looks Positive Into Upcoming Earnings, UBS Says
• Neutral Sentiment: IGEL and Zscaler released healthcare security blueprints, a supportive partnership announcement that adds to the company’s broader product and ecosystem momentum. IGEL and Zscaler Release Healthcare Security Blueprints for Distributed Care Delivery
• Neutral Sentiment: Some commentary noted mixed signals from estimate revisions and relative performance versus peers, which could limit upside if earnings do not surprise meaningfully. Zscaler (ZS) Soars 8.5%: Is Further Upside Left in the Stock?

Zscaler 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.