MBL Wealth 13F: New $919K Stake in Zscaler (ZS)
Key Points
- MBL Wealth initiated a position in Zscaler, Inc. by purchasing 4,609 shares worth $919,127, as revealed in a Form 13F filing on October 22, 2026.
- Zscaler recently posted trailing twelve-month revenue of $3.35 billion alongside a net margin of negative 1.9%.
- Wall Street maintains a consensus buy rating on the cloud security provider with 45 analyst opinions contributing to a mean price target of $234.19.
Since the filing, $ZS is up 7.3% to date (from the $237.76 close on Oct 22, 2026).
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MBL Wealth opened a new position in Zscaler, Inc. (NASDAQ:ZS), acquiring 4,609 shares valued at $919,127. The investment was revealed in a Form 13F filing with the Securities and Exchange Commission on October 22, 2026. Zscaler shares closed at $237.76 on the day of the filing.
ZS
Zscaler, Inc.
MBL Wealth vs. the S&P 500
Hypothetical returns from MBL Wealth's disclosed trades, not real profit or advice. How we model this.
What Changed in MBL Wealth's Zscaler Position
MBL Wealth started a fresh stake in the cloud security provider during the period, adding 4,609 shares to bring its total holding to 4,609 shares. The newly initiated position carried a reported value of $919,127.
Other Institutional Activity in Zscaler
First Trust Advisors LP grew its holdings by 10,556 shares, ending with 3,529,213 shares worth about $900,478,675. Pictet Asset Management Holding SA lifted its stake by 183,996 shares, closing the period with 2,104,621 shares valued at $536,994,035. Victory Capital Management Inc. raised its position by 119,899 shares to hold 1,675,008 shares worth approximately $427,378,280.
Zscaler, Inc. Stock Up 10.4%
Zscaler recently traded around $255.32, sitting above its 50-day and 200-day moving averages.
Recent Earnings
Zscaler reported trailing twelve-month revenue of $3,352,523,008 with an earnings per share of negative $0.40. The firm posted a return on equity of negative 2.9% for the period. Its year-over-year revenue growth reached 24.9%. The company's next earnings update is scheduled for November 24, 2026.
Insider Buying and Selling at Zscaler, Inc.
Chief Financial Officer Kevin Rubin sold 1,686 shares on June 16, 2026, at an average price of $126.43 for a total value of $213,160.98. Chief Legal Officer Robert Schlossman disposed of 3,146 shares on the same date at $126.43 per share, totaling $397,748.78. Chief Product Officer Adam Geller sold 23,958 shares on October 9, 2026, at an average price of $225.43 for a $5,400,966.94 total, and later sold 1,042 shares on October 12, 2026, at $235.95 each for a total of $245,859.90 under a planned arrangement.
Analysts Set New Price Targets
Amerx initiated coverage on October 8, 2026, with a buy rating and a $305.00 price target. Citizens maintained a market outperform rating on October 9, 2026, raising its target from $210.00 to $265.00. Citigroup kept a buy rating on October 15, 2026, and lifted its target to $260.00 from $245.00. DA Davidson initiated the stock with a neutral rating and a $215.00 target on October 21, 2026. Freedom Broker reiterated its buy rating on October 22, 2026, and boosted its target from $230.00 to $270.00.
About Zscaler
Zscaler, Inc. operates as a cloud security company worldwide, protecting enterprise networks and users from cyber threats. The company is headquartered in San Jose, California, and employs 8,700 people.
Bottom Line
MBL Wealth's new filing highlights institutional interest in the cloud security firm as it approaches its next earnings report on November 24, 2026. Observers will monitor how institutional portfolios shift as upcoming quarterly results approach.
Related Filing Alerts
Source: MBL Wealth's 13F filing on $ZS (Oct 22, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Written by software, not financial advice. How we make alerts