Intech Investment Management LLC Has $761,000 Stock Holdings in Zscaler, Inc. (NASDAQ:ZS)

Intech Investment Management LLC lowered its stake in shares of Zscaler, Inc. (NASDAQ:ZS – Get Rating) by 43.0% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 6,805 shares of the company’s stock after selling 5,144 shares during the period. Intech Investment Management LLC’s holdings in Zscaler were worth $761,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Mirae Asset Global Investments Co. Ltd. lifted its position in shares of Zscaler by 14.1% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 557,345 shares of the company’s stock worth $134,476,000 after buying an additional 68,982 shares in the last quarter. AlphaCrest Capital Management LLC bought a new position in shares of Zscaler during the 1st quarter worth approximately $244,000. D.A. Davidson & CO. lifted its position in shares of Zscaler by 41.6% during the 1st quarter. D.A. Davidson & CO. now owns 1,130 shares of the company’s stock worth $273,000 after buying an additional 332 shares in the last quarter. MetLife Investment Management LLC bought a new position in shares of Zscaler during the 1st quarter worth approximately $1,232,000. Finally, Dimensional Fund Advisors LP raised its holdings in shares of Zscaler by 1.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 121,598 shares of the company’s stock worth $29,338,000 after purchasing an additional 2,153 shares during the period. Institutional investors and hedge funds own 45.33% of the company’s stock.

Zscaler Stock Performance

ZS opened at $125.27 on Monday. The firm has a 50-day simple moving average of $106.21 and a two-hundred day simple moving average of $117.54. Zscaler, Inc. has a 52 week low of $84.93 and a 52 week high of $194.21. The company has a debt-to-equity ratio of 2.16, a current ratio of 2.01 and a quick ratio of 2.01.

Zscaler (NASDAQ:ZS – Get Rating) last announced its earnings results on Thursday, March 2nd. The company reported ($0.35) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.43) by $0.08. The firm had revenue of $387.60 million for the quarter, compared to…