<div id="readability-page-1"><p>Voya Investment Management LLC lessened its stake in shares of  Zscaler, Inc. (NASDAQ:ZS - Free Report) by 2.3% during the third quarter, according to its most recent filing with the Securities &amp; Exchange Commission. The firm owned 897,246 shares of the company's stock after selling 21,415 shares during the period. Voya Investment Management LLC owned 0.57% of Zscaler worth $268,869,000 at the end of the most recent reporting period.</p><ul><li>Why Zscaler Stock Could Be Ready to Bounce After a 30% Selloff</li></ul><p>Several other institutional investors and hedge funds have also bought and sold shares of ZS. Brookstone Capital Management acquired a new position in shares of  Zscaler during the second quarter worth approximately $283,000.  VestGen Advisors LLC acquired a new stake in  Zscaler in the 2nd quarter valued at $1,592,000.  Mackenzie Financial Corp increased its stake in  Zscaler by 133.6% during the 2nd quarter. Mackenzie Financial Corp now owns 14,780 shares of the company's stock valued at $4,640,000 after purchasing an additional 8,454 shares in the last quarter.  Schroder Investment Management Group raised its holdings in  Zscaler by 11.5% during the second quarter. Schroder Investment Management Group now owns 164,061 shares of the company's stock worth $51,505,000 after buying an additional 16,868 shares during the last quarter.  Finally, Ensign Peak Advisors Inc raised its holdings in  Zscaler by 9.9% during the second quarter. Ensign Peak Advisors Inc now owns 395,391 shares of the company's stock worth $124,129,000 after buying an additional 35,770 shares during the last quarter. 46.45% of the stock is owned by institutional investors. </p><h2>Zscaler Price Performance</h2><p>Shares of NASDAQ:ZS opened at $231.09 on Friday. The company has a market capitalization of $36.85 billion, a P/E ratio of -888.77 and a beta of 1.07. The company's 50-day moving average is $286.74 and its 200 day moving average is $289.66. 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 fifty-two week low of $164.78 and a fifty-two week high of $336.99. </p><ul><li>Okta: Excuses to Sell Vs. Reasons to Buy</li></ul><p>Zscaler (NASDAQ:ZS - Get Free Report) last announced its quarterly earnings data on Tuesday, November 25th. The company reported $0.96 EPS for the quarter, topping the consensus estimate of $0.85 by $0.11. The business had revenue of $788.11 million for the quarter, compared to analyst estimates of $773.86 million. Zscaler had a negative net margin of 1.45% and a negative return on equity of 0.12%. The company's revenue for the quarter was up 25.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.77 earnings per share. 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, equities research analysts forecast that  Zscaler, Inc. will post -0.1 earnings per share for the current year. </p><h2>Analysts Set New Price Targets</h2><p>Several equities analysts recently weighed in on the stock. Loop Capital  set a $320.00 price target on shares of Zscaler in a research report on Thursday, December 11th. Susquehanna increased their price objective on Zscaler from $320.00 to $340.00 and gave the stock a &#34;positive&#34; rating in a research note on Wednesday, September 3rd. Wall Street Zen lowered Zscaler from a &#34;buy&#34; rating to a &#34;hold&#34; rating in a report on Saturday, October 18th. Berenberg Bank decreased their price target on Zscaler from $400.00 to $390.00 and set a &#34;buy&#34; rating for the company in a report on Friday, November 28th. Finally, Canaccord Genuity Group increased their price target on Zscaler from $320.00 to $340.00 and gave the company a &#34;buy&#34; rating in a research report on Thursday, September 4th. One analyst  has rated the stock with a Strong Buy rating, thirty-three have assigned  a Buy rating, eight have issued  a Hold rating and one  has assigned  a Sell rating to the company's stock. According to data from MarketBeat.com, Zscaler currently has an average rating of &#34;Moderate Buy&#34; and an average price target of $322.66.</p><ul><li>CrowdStrike at All-Time High: Still a Buy, or Time to Trim?</li></ul><p><b>Check Out Our Latest Research Report on ZS</b></p><h2>Insider Buying and Selling</h2><p>In other Zscaler news, insider Adam Geller sold 1,620 shares of the firm's stock in a transaction on Wednesday, December 17th. The stock was sold at an average price of $232.79, for a total value of $377,119.80. Following the completion of the sale, the insider directly owned 50,528 shares of the company's stock, valued at $11,762,413.12. This trade represents a 3.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CFO Kevin Rubin sold 3,303 shares of the business's stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of $230.82, for a total value of $762,398.46. Following the completion of the sale, the chief financial officer owned 48,161 shares in the company, valued at approximately $11,116,522.02. The trade was a 6.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 28,903 shares of company stock worth $7,504,284 in the last three months. Insiders own  17.20% of the company's stock. </p><h2>Zscaler 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>See Also</h2><ul><li>Five stocks we like better than Zscaler</li><li>3 Grocery Stocks That Can Help Take a Bite Out of Inflation </li><li>Jabil Is Flying Under the Radar—But a 50% Surge May Be Coming</li><li>How to Short a Stock in 5 Easy Steps </li><li>Qualcomm’s Monster Rally Has a Catch—Can the Stock Keep Climbing?</li><li>Health Care Stocks Explained: Why You Might Want to Invest</li><li>Broadcom Stock Crashes 20%—But Wall Street Sees It Soaring to $500</li></ul><p><strong>Want to see what other hedge funds are holding ZS?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Zscaler, Inc. (NASDAQ:ZS - Free Report).</p><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>

VOYA

<p>Voya Investment Management LLC reduced its stake in Zscaler, Inc. by 2.3% in Q3, owning 0.57% worth $268.87 million. Zscaler's stock opened at $231.09, with a market cap of $36.85 billion. Analysts have mixed ratings, with a moderate buy consensus and an average price target of $322.66. Insider Adam Geller sold shares worth $377,119.80.</p>

Voya Investment Management LLC Has $268.87 Million Holdings in Zscaler, Inc. $ZS