Havemeyer Place LP Takes Position in Zscaler, Inc. $ZS

Havemeyer Place LP purchased a new stake in shares of Zscaler, Inc. (NASDAQ:ZS) during the 4th quarter, HoldingsChannel reports. The fund purchased 7,185 shares of the company’s stock, valued at approximately $1,616,000.

Other hedge funds also recently modified their holdings of the company. Binnacle Investments Inc acquired a new position in shares of Zscaler during the 3rd quarter valued at $25,000. Picton Mahoney Asset Management acquired a new position in shares of Zscaler during the 3rd quarter valued at $30,000. Family CFO Inc acquired a new position in shares of Zscaler during the 4th quarter valued at $34,000. Missouri Trust & Investment Co increased its position in shares of Zscaler by 1,460.0% during the 3rd quarter. Missouri Trust & Investment Co now owns 156 shares of the company’s stock valued at $47,000 after purchasing an additional 146 shares during the period. Finally, Murphy & Mullick Capital Management Corp grew its holdings in shares of Zscaler by 185.9% in the 3rd quarter. Murphy & Mullick Capital Management Corp now owns 223 shares of the company’s stock worth $69,000 after acquiring an additional 145 shares during the last quarter. 46.45% of the stock is currently owned by institutional investors and hedge funds.

Zscaler Stock Performance

Shares of Zscaler stock opened at $130.78 on Friday. The stock has a market cap of $21.15 billion, a PE ratio of -272.45 and a beta of 0.97. The business has a fifty day simple moving average of $143.61 and a 200-day simple moving average of $183.43. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.72. Zscaler, Inc. has a 12 month low of $114.63 and a 12 month high of $336.99.

Zscaler (NASDAQ:ZS) last issued its earnings results on Tuesday, May 26th. The company reported $1.08 EPS for the quarter, topping the consensus estimate of $1.01 by $0.07. The business 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 was up 25.4% compared to the same quarter last year. During the same quarter last year, the firm posted $0.84 earnings per share. Zscaler has set its Q4 2026 guidance at 1.080-1.090 EPS and its FY 2026 guidance at 4.100-4.110 EPS. On average, sell-side analysts anticipate that Zscaler, Inc. will post -0.03 EPS for the current fiscal year.

Analyst Ratings Changes

ZS has been the topic of a number of recent research reports. Citigroup restated a “market outperform” rating on shares of Zscaler in a report on Wednesday, May 27th. Berenberg Bank set a $200.00 target price on Zscaler in a report on Thursday, May 28th. TD Cowen restated a “buy” rating on shares of Zscaler in a report on Wednesday, May 27th. JPMorgan Chase & Co. decreased their target price on Zscaler from $250.00 to $205.00 and set an “overweight” rating on the stock in a report on Wednesday, May 27th. Finally, Scotiabank decreased their target price on Zscaler from $190.00 to $175.00 and set a “sector outperform” rating on the stock in a report on Wednesday, May 27th. Thirty-three equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Zscaler currently has a consensus rating of “Moderate Buy” and a consensus price target of $216.03.

Insiders Place Their Bets

In related news, EVP Raj Judge sold 2,488 shares of Zscaler stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $156.59, for a total transaction of $389,595.92. Following the completion of the sale, the executive vice president owned 67,906 shares of the company’s stock, valued at approximately $10,633,400.54. This trade represents a 3.53% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Robert Schlossman sold 2,263 shares of the business’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 $354,363.17. Following the completion of the sale, the insider directly owned 72,390 shares of the company’s stock, valued at $11,335,550.10. This represents a 3.03% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 12,130 shares of company stock valued at $1,892,487 over the last quarter. 17.20% of the stock is owned by insiders.

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.