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

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…