Tag Archive for: Zscaler

Zscaler, Inc. (NASDAQ:ZS) Shares Purchased by DekaBank Deutsche Girozentrale

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DekaBank Deutsche Girozentrale grew its stake in shares of Zscaler, Inc. (NASDAQ:ZS – Get Rating) by 37.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 48,986 shares of the company’s stock after acquiring an additional 13,267 shares during the quarter. DekaBank Deutsche Girozentrale’s holdings in Zscaler were worth $5,430,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. First Personal Financial Services acquired a new position in shares of Zscaler during the third quarter valued at about $26,000. Ellevest Inc. acquired a new position in shares of Zscaler during the third quarter valued at about $37,000. Accurate Wealth Management LLC acquired a new position in Zscaler in the 4th quarter worth approximately $27,000. Psagot Value Holdings Ltd. Israel acquired a new position in Zscaler in the 4th quarter worth approximately $38,000. Finally, Clear Street Markets LLC acquired a new position in Zscaler in the 3rd quarter worth approximately $58,000. Institutional investors and hedge funds own 45.33% of the company’s stock.

Zscaler Stock Down 1.9 %

Shares of ZS opened at $103.56 on Wednesday. The firm has a market cap of $15.03 billion, a P/E ratio of -45.22 and a beta of 0.85. Zscaler, Inc. has a 12-month low of $98.71 and a 12-month high of $231.36. The company’s 50-day moving average price is $117.65 and its 200 day moving average price is $125.83. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 2.16.

Insiders Place Their Bets

In other Zscaler news, COO Dali Rajic sold 5,638 shares of the business’s stock in a transaction dated Thursday, March 16th. The shares were sold at an average price of $106.79, for a total transaction of $602,082.02. Following the sale, the chief operating officer now directly owns 291,182 shares in the company, valued at $31,095,325.78. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Zscaler news, insider Robert Schlossman sold 3,645 shares of the…

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Reflections on the Influence of Dr. King | Zscaler

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BMO Capital Markets Cuts Zscaler (NASDAQ:ZS) Price Target to $133.00

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Zscaler (NASDAQ:ZS – Get Rating) had its price target reduced by analysts at BMO Capital Markets from $145.00 to $133.00 in a research note issued to investors on Friday, Benzinga reports. The firm currently has an “outperform” rating on the stock. BMO Capital Markets’ target price points to a potential upside of 11.32% from the company’s previous close.

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A number of other equities analysts have also recently weighed in on ZS. Scotiabank assumed coverage on shares of Zscaler in a research report on Tuesday, January 17th. They issued a “sector outperform” rating and a $115.00 price objective for the company. The Goldman Sachs Group assumed coverage on shares of Zscaler in a research report on Tuesday, February 14th. They issued a “neutral” rating and a $148.00 price objective for the company. Stifel Nicolaus decreased their price objective on shares of Zscaler from $165.00 to $135.00 in a research report on Friday. UBS Group decreased their price objective on shares of Zscaler from $200.00 to $180.00 and set a “buy” rating for the company in a research report on Friday, December 2nd. Finally, Wedbush decreased their price objective on shares of Zscaler from $180.00 to $150.00 in a research report on Friday. Twelve research analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $174.44.

Zscaler Trading Down 10.9 %

Shares of NASDAQ ZS traded down $14.65 during trading on Friday, hitting $119.48. 4,563,912 shares of the company traded hands, compared to its average volume of 2,528,963. Zscaler has a 1 year low of $99.64 and a 1 year high of $253.74. The company has a 50-day moving average price of $122.11 and a 200-day moving average price of $139.38. The firm has a market capitalization of $17.23 billion, a P/E ratio of -45.95 and a beta of 0.88. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 2.64.

Zscaler (NASDAQ:ZS – Get Rating) last announced its quarterly earnings results on…

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CenterBook Partners LP Makes New $803,000 Investment in Zscaler, Inc. (NASDAQ:ZS)

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CenterBook Partners LP acquired a new position in shares of Zscaler, Inc. (NASDAQ:ZS – Get Rating) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 4,883 shares of the company’s stock, valued at approximately $803,000.

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Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Mirae Asset Global Investments Co. Ltd. raised its stake in Zscaler by 14.1% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 557,345 shares of the company’s stock valued at $134,476,000 after purchasing an additional 68,982 shares in the last quarter. AlphaCrest Capital Management LLC acquired a new position in Zscaler in the first quarter valued at about $244,000. D.A. Davidson & CO. raised its stake in Zscaler by 41.6% in the first quarter. D.A. Davidson & CO. now owns 1,130 shares of the company’s stock valued at $273,000 after purchasing an additional 332 shares in the last quarter. MetLife Investment Management LLC acquired a new position in Zscaler in the first quarter valued at about $1,232,000. Finally, Dimensional Fund Advisors LP grew its position in Zscaler by 1.8% in the first quarter. Dimensional Fund Advisors LP now owns 121,598 shares of the company’s stock valued at $29,338,000 after acquiring an additional 2,153 shares during the last quarter. 45.33% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts have issued reports on ZS shares. JMP Securities decreased their target price on Zscaler from $280.00 to $225.00 and set a “market outperform” rating on the stock in a research report on Friday, December 2nd. Scotiabank started coverage on Zscaler in a report on Tuesday, January 17th. They set a “sector outperform” rating and a $115.00 price target on the stock. MKM Partners reduced their price target on Zscaler from $225.00 to $190.00 and set a “buy” rating on the stock in a report on Monday, November 28th. Truist Financial reduced their price target on Zscaler from $250.00 to $153.00 in…

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