<div id="readability-page-1"><p>MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. reduced its stake in  Zscaler, Inc. (NASDAQ:ZS - Free Report) by 6.7% during the 2nd quarter, according to its most recent 13F filing with the Securities &amp; Exchange Commission. The fund owned 503,207 shares of the company's stock after selling 35,859 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned 0.32% of Zscaler worth $157,981,000 at the end of the most recent quarter.</p><ul><li>Okta: Excuses to Sell Vs. Reasons to Buy</li></ul><p>Other institutional investors have also made changes to their positions in the company. SVB Wealth LLC acquired a new position in  Zscaler in the first quarter valued at about $26,000.  Quaker Wealth Management LLC increased its stake in shares of  Zscaler by 200.0% in the 2nd quarter. Quaker Wealth Management LLC now owns 97 shares of the company's stock valued at $30,000 after acquiring an additional 194 shares during the last quarter.  Exane Asset Management raised its position in shares of  Zscaler by 185.7% in the 2nd quarter. Exane Asset Management now owns 100 shares of the company's stock valued at $31,000 after acquiring an additional 65 shares during the period.  Bayforest Capital Ltd bought a new position in  Zscaler during the 1st quarter worth approximately $34,000.  Finally, Kozak &amp; Associates Inc. acquired a new position in  Zscaler during the second quarter valued at approximately $35,000. 46.45% of the stock is owned by institutional investors and hedge funds. </p><h2>Wall Street Analyst Weigh In</h2><p>ZS has been the topic of several analyst reports. Berenberg Bank cut their target price on shares of Zscaler from $400.00 to $390.00 and set a &#34;buy&#34; rating on the stock in a report on Friday, November 28th. BMO Capital Markets lifted their target price on Zscaler from $295.00 to $315.00 and gave the stock an &#34;outperform&#34; rating in a report on Wednesday, September 3rd. Barclays boosted their target price on Zscaler from $320.00 to $350.00 and gave the company an &#34;overweight&#34; rating in a research note on Wednesday, November 12th. Citigroup cut their price objective on Zscaler from $365.00 to $350.00 and set a &#34;buy&#34; rating on the stock in a report on Monday, December 1st. Finally, Zacks Research upgraded Zscaler from a &#34;strong sell&#34; rating to a &#34;hold&#34; rating in a research report on Thursday, October 2nd. One investment analyst  has rated the stock with a Strong Buy rating, thirty-two have assigned  a Buy rating, nine have issued  a Hold rating and one  has assigned  a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of &#34;Moderate Buy&#34; and a consensus price target of $323.45.</p><ul><li>CrowdStrike at All-Time High: Still a Buy, or Time to Trim?</li></ul><p><b>View Our Latest Research Report on Zscaler</b></p><h2>Insider Buying and Selling</h2><p>In related news, EVP Raj Judge sold 4,524 shares of Zscaler stock in a transaction dated Tuesday, September 16th. The stock was sold at an average price of $280.70, for a total value of $1,269,886.80. Following the sale, the executive vice president owned 73,832 shares of the company's stock, valued at approximately $20,724,642.40. The trade was a 5.77% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities &amp; Exchange Commission, which can be accessed through the SEC website. Also, insider Robert Schlossman sold 7,006 shares of the company's stock in a transaction dated Thursday, October 2nd. The stock was sold at an average price of $305.57, for a total value of $2,140,823.42. Following the sale, the insider owned 76,132 shares in the company, valued at $23,263,655.24. The trade was a 8.43% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 43,084 shares of company stock worth $12,446,825 over the last 90 days. 17.20% of the stock is currently owned by insiders. </p><h2>Zscaler Stock Down 0.5%</h2><ul><li>Institutions Are Fueling CrowdStrike’s Next Leg Higher</li></ul><p>Shares of Zscaler stock opened at $242.08 on Friday. The firm has a market cap of $38.60 billion, a PE ratio of -931.04 and a beta of 1.07. The business's 50 day simple moving average is $294.25 and its 200 day simple moving average is $290.58. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.82 and a current ratio of 1.82. Zscaler, Inc. has a 52-week low of $164.78 and a 52-week high of $336.99. </p><p>Zscaler (NASDAQ:ZS - Get Free Report) last issued its quarterly earnings results on Tuesday, November 25th. The company reported $0.96 earnings per share for the quarter, topping the consensus estimate of $0.85 by $0.11. The company had revenue of $788.11 million during the quarter, compared to analysts' expectations of $773.86 million. Zscaler had a negative net margin of 1.45% and a negative return on equity of 0.12%. The business's quarterly revenue was up 25.5% on a year-over-year basis. During the same period last year, the business earned $0.77 EPS. Zscaler has set its FY 2026 guidance at 3.780-3.820 EPS and its Q2 2026 guidance at 0.890-0.900 EPS.  On average, analysts predict that  Zscaler, Inc. will post -0.1 earnings per share for the current fiscal year. </p><h2>Zscaler Company Profile</h2> (Free Report)<p>Zscaler, Inc operates as a cloud security company worldwide. The company offers Zscaler Internet Access solution that provides users, workloads, IoT, and OT devices secure access to externally managed applications, including software-as-a-service (SaaS) applications and internet destinations; and Zscaler Private Access solution, which is designed to provide access to managed applications hosted internally in data centers, and private or public clouds.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Zscaler</li><li>2 Fintech Stocks to Buy Now and 1 to Avoid</li><li>3 Recently Downgraded Stocks to Avoid in 2026</li><li>How to Calculate Return on Investment (ROI)</li><li>The Chip Boom Is Back: 3 Stocks Positioned for Huge Gains</li><li>Technology Stocks Explained: Here's What to Know About Tech</li><li>Oracle Stock Hit Hard: Why Its AI Pipeline Could Drive a 2026 Rally</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9WlM?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9WlM"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Zscaler Right Now?</h2><p>Before you consider Zscaler, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Zscaler wasn't on the list.</p><p>While Zscaler currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. reduced its stake in Zscaler, Inc. by 6.7% in Q2, selling 35,859 shares. Analysts have mixed ratings, with a consensus of "Moderate Buy" and a target price of $323.45. Insiders sold 43,084 shares worth $12.4 million recently. Zscaler's stock opened at $242.08, with a market cap of $38.6 billion and a 52-week range of $164.78-$336.99.</p>

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Sells 35,859 Shares of Zscaler, Inc. $ZS