3,600 Shares in Zscaler, Inc. $ZS Acquired by Hillsdale Investment Management Inc.

Hillsdale Investment Management Inc. bought a new stake in shares of Zscaler, Inc. (NASDAQ:ZS) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund bought 3,600 shares of the company’s stock, valued at approximately $810,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Vanguard Group Inc. raised its position in shares of Zscaler by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 11,423,424 shares of the company’s stock valued at $2,569,357,000 after acquiring an additional 55,521 shares during the last quarter. Groupama Asset Managment raised its position in shares of Zscaler by 76,352.6% during the 3rd quarter. Groupama Asset Managment now owns 4,750,000 shares of the company’s stock valued at $1,423,385,000 after acquiring an additional 4,743,787 shares during the last quarter. State Street Corp raised its position in shares of Zscaler by 4.5% during the 3rd quarter. State Street Corp now owns 2,259,804 shares of the company’s stock valued at $677,173,000 after acquiring an additional 97,366 shares during the last quarter. First Trust Advisors LP raised its position in shares of Zscaler by 9.5% during the 3rd quarter. First Trust Advisors LP now owns 2,228,134 shares of the company’s stock valued at $667,682,000 after acquiring an additional 193,281 shares during the last quarter. Finally, Geode Capital Management LLC raised its position in shares of Zscaler by 5.0% during the 4th quarter. Geode Capital Management LLC now owns 2,069,630 shares of the company’s stock valued at $464,783,000 after acquiring an additional 98,140 shares during the last quarter. Institutional investors own 46.45% of the company’s stock.

Insider Buying and Selling

In other news, insider Adam Geller sold 2,094 shares of the firm’s stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $153.53, for a total value of $321,491.82. Following the completion of the transaction, the insider owned 46,949 shares in the company, valued at $7,208,079.97. This trade represents a 4.27% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Robert Schlossman sold 2,263 shares of the stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $156.59, for a total transaction of $354,363.17. Following the completion of the sale, the insider owned 72,390 shares of the company’s stock, valued at approximately $11,335,550.10. This represents a 3.03% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 12,130 shares of company stock worth $1,892,487 over the last three months. Company insiders own 17.20% of the company’s stock.

Zscaler Price Performance

Shares of NASDAQ ZS opened at $155.71 on Tuesday. The stock has a market capitalization of $25.18 billion, a price-to-earnings ratio of -324.39 and a beta of 0.96. The business has a 50-day moving average of $144.37 and a 200-day moving average of $187.40. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.86 and a quick ratio of 1.86. Zscaler, Inc. has a fifty-two week low of $114.63 and a fifty-two week high of $336.99.

Zscaler (NASDAQ:ZS) last announced its quarterly earnings data on Tuesday, May 26th. The company reported $1.08 earnings per share for the quarter, beating the consensus estimate of $1.01 by $0.07. The company had revenue of $850.48 million during the quarter, compared to analysts’ expectations of $835.14 million. Zscaler had a negative return on equity of 0.37% and a negative net margin of 2.44%.Zscaler’s revenue for the quarter was up 25.4% compared to the same quarter last year. During the same quarter last year, the company earned $0.84 EPS. Zscaler has set its Q4 2026 guidance at 1.080-1.090 EPS and its FY 2026 guidance at 4.100-4.110 EPS. As a group, sell-side analysts predict that Zscaler, Inc. will post -0.03 earnings per share for the current fiscal year.

Analysts Set New Price Targets

ZS has been the subject of a number of recent analyst reports. Cantor Fitzgerald lowered their price objective on shares of Zscaler from $300.00 to $225.00 and set an “overweight” rating for the company in a research report on Wednesday, May 27th. Citizens Jmp lowered their price objective on shares of Zscaler from $290.00 to $210.00 and set a “market outperform” rating for the company in a research report on Friday, May 1st. Canaccord Genuity Group lowered their price objective on shares of Zscaler from $275.00 to $210.00 and set a “buy” rating for the company in a research report on Wednesday, May 27th. Rosenblatt Securities lowered their price objective on shares of Zscaler from $223.00 to $200.00 and set a “buy” rating for the company in a research report on Wednesday, May 27th. Finally, Scotiabank lowered their price objective on shares of Zscaler from $190.00 to $175.00 and set a “sector outperform” rating for the company in a research report on Wednesday, May 27th. Thirty-three analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Zscaler has an average rating of “Moderate Buy” and an average target price of $216.03.

Trending Headlines about Zscaler

Here are the key news stories impacting Zscaler this week:

• Positive Sentiment: Guggenheim upgraded Zscaler to Buy from Neutral, saying the recent selloff has created an attractive entry point and suggesting as much as 40% upside from current levels. Zscaler jumps 10% after Guggenheim upgrade signals 40% upside
• Positive Sentiment: Wall Street commentary has turned more constructive on the stock, with reports highlighting investor confidence in Zscaler’s AI-related growth narrative after the recent pullback. Zscaler stock surges. Wall Street is buying the company’s ‘trust me story’ on AI.
• Positive Sentiment: Unusually large options activity showed traders buying far more call options than normal, signaling speculation on further upside.
• Neutral Sentiment: Zscaler remains a heavily watched stock today, with multiple articles noting increased investor attention and broad market discussion around the name. Zscaler, Inc. (ZS) Is a Trending Stock: Facts to Know Before Betting on It
• Negative Sentiment: A shareholder investigation announcement from Johnson Fistel may keep some pressure on sentiment by renewing concern over prior losses and possible securities-law claims. Zscaler, Inc. Shareholders Are Encouraged to Reach Out to Johnson Fistel for More Information about Potentially Recovering Their Losses
• Negative Sentiment: Recent coverage also reminded investors that the stock had previously fallen sharply after earnings despite beating estimates, underscoring lingering concerns about growth expectations. Why Zscaler Stock Plummeted This Week

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.