Commonwealth Fairness Companies LLC raised its stake in Zscaler, Inc. (NASDAQ:ZS – Free Report) by 81.6% within the 2nd quarter, in accordance with its most up-to-date disclosure with the SEC. The fund owned 78,418 shares of the corporate’s inventory after buying an extra 35,244 shares throughout the quarter. Commonwealth Fairness Companies LLC owned 0.05% of Zscaler value $15,071,000 on the finish of the latest quarter.
A number of different hedge funds and different institutional traders have additionally just lately purchased and offered shares of ZS. Spire Wealth Administration grew its stake in shares of Zscaler by 24.5% within the fourth quarter. Spire Wealth Administration now owns 249 shares of the corporate’s inventory value $58,000 after buying an extra 49 shares over the last quarter. US Bancorp DE grew its place in shares of Zscaler by 0.3% within the 4th quarter. US Bancorp DE now owns 22,944 shares of the corporate’s inventory value $5,083,000 after shopping for an extra 59 shares over the last quarter. Kovack Advisors Inc. elevated its stake in shares of Zscaler by 3.4% throughout the first quarter. Kovack Advisors Inc. now owns 2,042 shares of the corporate’s inventory valued at $393,000 after shopping for an extra 67 shares throughout the interval. GAMMA Investing LLC raised its holdings in shares of Zscaler by 21.3% throughout the second quarter. GAMMA Investing LLC now owns 382 shares of the corporate’s inventory valued at $73,000 after buying an extra 67 shares within the final quarter. Lastly, Quadrant Capital Group LLC lifted its stake in Zscaler by 66.7% within the fourth quarter. Quadrant Capital Group LLC now owns 175 shares of the corporate’s inventory value $39,000 after buying an extra 70 shares throughout the interval. Institutional traders personal 46.45% of the corporate’s inventory.
Wall Avenue Analyst Weigh In
A number of analysis corporations have just lately commented on ZS. Rosenblatt Securities reaffirmed a “impartial” score and issued a $190.00 goal worth on shares of Zscaler in a analysis report on Tuesday, Could twenty eighth. Sanford C. Bernstein decreased their goal worth on Zscaler from $280.00 to $270.00 and set an “outperform” score for the corporate in a analysis report on Friday, Could thirty first. JMP Securities restated a “market outperform” score and set a $270.00 worth goal on shares of Zscaler in a analysis report on Monday, June seventeenth. Oppenheimer reissued an “outperform” score and set a $260.00 worth goal (down beforehand from $290.00) on shares of Zscaler in a analysis report on Friday, Could thirty first. Lastly, Royal Financial institution of Canada upped their goal worth on shares of Zscaler from $215.00 to $230.00 and gave the inventory an “outperform” score in a analysis report on Friday, Could thirty first. Eight equities analysis analysts have rated the inventory with a maintain score, twenty-six have assigned a purchase score and one has issued a robust purchase score to the inventory. In keeping with MarketBeat.com, the inventory at present has a mean score of “Reasonable Purchase” and a mean goal worth of $226.18.
Verify Out Our Newest Analysis Report on ZS
Insider Shopping for and Promoting at Zscaler
In associated information, CFO Remo Canessa offered 4,689 shares of the enterprise’s inventory in a transaction that occurred on Tuesday, June 18th. The shares had been offered at a mean worth of $180.93, for a complete transaction of $848,380.77. Following the completion of the sale, the chief monetary officer now straight owns 251,467 shares within the firm, valued at $45,497,924.31. The sale was disclosed in a doc filed with the Securities & Trade Fee, which is accessible by this hyperlink. 19.20% of the inventory is owned by company insiders.
Zscaler Worth Efficiency
NASDAQ ZS opened at $193.19 on Wednesday. The corporate has a debt-to-equity ratio of 1.04, a present ratio of 1.75 and a fast ratio of 1.75. Zscaler, Inc. has a 1-year low of $146.59 and a 1-year excessive of $259.61. The inventory has a market capitalization of $29.20 billion, a price-to-earnings ratio of -378.80 and a beta of 0.85. The enterprise’s fifty day shifting common worth is $189.34 and its 200-day shifting common worth is $188.72.
Zscaler Firm Profile
Zscaler, Inc operates as a cloud safety firm worldwide. The corporate presents Zscaler Web Entry answer that gives customers, workloads, IoT, and OT units safe entry to externally managed purposes, together with software-as-a-service (SaaS) purposes and web locations; and Zscaler Personal Entry answer, which is designed to supply entry to managed purposes hosted internally in knowledge facilities, and personal or public clouds.
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