Zscaler stock is trading -5.41% below its average target price of $236.83 after marking a 1.9% during today's afternoon session. Analysts are giving the Large-Cap Data Processing Services company an average rating of buy and target prices ranging from $195.0 to $270.0 per share.
Zscaler has an average level of shares sold short, at 7.3% of its total share float. The stock's short ratio (also called days to cover) is 2.75. The company's insiders own 37.03% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Institutional investors own 54.9% of Zscaler's shares, which indicates they have a high level of confidence in the company.
Institutions Invested in Zscaler
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-12-31 | Vanguard Group Inc | 6% | 9,596,472 | $2,149,753,669 |
| 2024-12-31 | Blackrock Inc. | 4% | 6,586,459 | $1,475,465,608 |
| 2024-12-31 | American Century Companies Inc | 2% | 2,862,095 | $641,152,209 |
| 2024-12-31 | UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 2% | 2,601,129 | $582,691,911 |
| 2024-12-31 | Goldman Sachs Group Inc | 2% | 2,480,055 | $555,569,519 |
| 2024-12-31 | First Trust Advisors LP | 1% | 2,286,648 | $512,243,450 |
| 2024-12-31 | State Street Corporation | 1% | 2,099,956 | $470,421,642 |
| 2024-12-31 | FMR, LLC | 1% | 1,828,102 | $409,522,268 |
| 2024-12-31 | Geode Capital Management, LLC | 1% | 1,658,406 | $371,507,819 |
| 2024-12-31 | Deutsche Bank Aktiengesellschaft | 1% | 1,632,078 | $365,609,952 |
