Chicago Partners Investment Group 13F: Adds $2.8M to ZS Stake

Chicago Partners Investment Group boosted its stake in Zscaler, Inc. by 10,823 shares, bringing its total to 13,706 shares valued at about $3.5 million, according to a filing on October 27, 2026. The information comes from the fund's latest Form 13F filing with the SEC, covering the quarter that ended on September 30, 2026.

ZS Zscaler, Inc.

$260.45 ▲ +18.08% year to date

1M 3M YTD

Daily close · Oct 26, 2026

What Changed in Chicago Partners Investment Group's Zscaler Position

The fund increased its position in Zscaler by 10,823 shares, a 375.4% increase compared to its previous holding of 2,883 shares. This change represents a monetary gain of approximately $2.76 million for the fund.

Where Zscaler Fits in Chicago Partners Investment Group's Portfolio

Zscaler now accounts for 0.23% of Chicago Partners Investment Group's total reported portfolio. The fund ranks 36th among its 1,660 reported positions, highlighting the significance of this increase relative to its overall holdings.

Other Institutional Activity in Zscaler

J. Safra Sarasin Holding cut its stake in Zscaler by 61,663 shares, ending with 115,814 shares valued at about $22.48 million. Meanwhile, MBL Wealth opened a new position with 4,609 shares worth approximately $919,127. Additionally, First Trust Advisors LP increased its holdings by 10,556 shares, bringing its total to about 3.53 million shares valued at approximately $918.12 million.

Zscaler, Inc. Stock Up 2.0%

Zscaler shares recently traded around $260.15, about equal to the closing price on October 27, 2026. The stock is currently above its 50-day moving average by about 30.9% and above its 200-day moving average by about 56.5%. However, it is still below its 52-week high of $336.99.

Recent Earnings

Zscaler reported trailing twelve-month revenue of approximately $3.35 billion, reflecting a year-over-year growth rate of 24.9%. The next earnings report is scheduled for November 24, 2026.

Analysts Set New Price Targets

On October 8, 2026, Amerx initiated coverage with a Buy rating and a price target of $305. Citizens maintained a Market Outperform rating with a target of $265 on October 9, while Citigroup also maintained a Buy rating with a target of $260 on October 15. The consensus recommendation for Zscaler is a Buy, with a mean price target of $235.19 from 45 analysts.

About Zscaler

Zscaler, Inc. is a cloud security company based in San Jose, California. It provides services that help organizations secure their networks and data in an increasingly digital world. The recent increase in stake by Chicago Partners Investment Group reflects growing interest in the company's potential within the technology sector.

Bottom Line

Investors should keep an eye on Zscaler's upcoming earnings report on November 24, 2026, as well as any future filings from Chicago Partners Investment Group. This latest filing indicates a strong interest in Zscaler, which continues to attract institutional investment amidst its growth in the cloud security space.