ZSNasdaqServices-Computer Programming ServicesFiscal year ends July 31
Zscaler, Inc.
Financials through Q4 FY2026, quarter ended Jul 31, 2026Last filing: 10-K on Sep 3, 2026
$212.53+5.15 (+2.48%)
Close on Oct 19, 2026
- Market cap
- $34.41B
- P/E (TTM)
- –
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
50.9%
83M of 163M shares
Institutional holders
746
139 new, 133 sold out
Net institutional buying
-6M
In Q2 2026
Insider trades, 12 months
0 buys · 63 sales
Net sold $17.75M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| BlackRock, Inc. | 8,255,213 | 5.10% | 13G (passive) | Jun 30, 2026 |
| Ajay Mangal | 29,394,532 | 19.82% | 13G (passive) amendment | Dec 31, 2023 |
| Jagtar S. (Jay) Chaudhry | 26,943,156 | 18.16% | 13G (passive) amendment | Dec 31, 2023 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of ZS | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 9,890,384 | 6.07% | $1.40B | +1,322,067 | 0.02% |
| Vanguard Portfolio Management LLC | 6,196,726 | 3.80% | $874.67M | +266,091 | 0.04% |
| Vanguard Capital Management LLC | 4,721,393 | 2.90% | $666.42M | +60,503 | 0.01% |
| First Trust Advisors LP | 3,529,213 | 2.16% | $498.15M | +10,535 | 0.29% |
| Goldman Sachs Group Inc | 3,161,548 | 1.94% | $446.25M | +236,609 | 0.04% |
| State Street Corp | 2,493,672 | 1.53% | $351.98M | +109,154 | 0.01% |
| Pictet Asset Management Holding SA | 2,104,621 | 1.29% | $296.89M | +184,081 | 0.28% |
| Geode Capital Management, LLC | 2,090,724 | 1.28% | $294.32M | +3,814 | 0.02% |
| UBS Asset Management Americas Inc | 1,731,190 | 1.06% | $244.36M | −233,924 | 0.04% |
| Victory Capital Management Inc | 1,675,008 | 1.03% | $236.43M | +119,904 | 0.13% |
| Aqr Capital Management LLC | 1,363,319 | 0.84% | $192.43M | +347,340 | 0.07% |
| Jericho Capital Asset Management L.P. | 1,362,862 | 0.84% | $192.37M | New | 1.59% |
| Amundi | 1,137,837 | 0.70% | $160.61M | +129,563 | 0.04% |
| Morgan Stanley | 1,136,698 | 0.70% | $160.45M | −145,166 | 0.01% |
| Millennium Management LLC | 1,129,691 | 0.69% | $159.46M | +794,787 | 0.06% |
| Wellington Management Group Llp | 1,103,212 | 0.68% | $155.72M | +209,711 | 0.03% |
| Citadel Advisors LLC | 1,008,595 | 0.62% | $142.36M | +497,738 | 0.02% |
| Barclays PLC | 951,598 | 0.58% | $134.32M | +282,346 | 0.03% |
| Voloridge Investment Management, LLC | 882,348 | 0.54% | $124.54M | +454,562 | 0.53% |
| American Century Companies Inc | 866,494 | 0.53% | $122.31M | −1,517,931 | 0.05% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 746 | 83M | 50.9% | 139 / 283 | 244 / 133 | 16M | 22M |
| Q1 2026 | 750 | 89M | 54.8% | 96 / 292 | 269 / 220 | 26M | 16M |
| Q4 2025 | 888 | 91M | 55.5% | 145 / 329 | 296 / 147 | 15M | 6M |
| Q3 2025 | 909 | 82M | 50.4% | 130 / 381 | 255 / 114 | 9M | 10M |
| Q2 2025 | 905 | 84M | 51.2% | 213 / 331 | 248 / 68 | 16M | 17M |
| Q1 2025 | 767 | 85M | 52.4% | 116 / 326 | 212 / 99 | 16M | 6M |
| Q4 2024 | 760 | 76M | 46.5% | 154 / 274 | 243 / 78 | 11M | 9M |
| Q3 2024 | 698 | 75M | 45.8% | 82 / 293 | 233 / 107 | 18M | 7M |
| Q2 2024 | 732 | 71M | 43.4% | 103 / 305 | 235 / 100 | 11M | 13M |
| Q1 2024 | 737 | 73M | 45.0% | 103 / 321 | 223 / 97 | 12M | 9M |
| Q4 2023 | 740 | 70M | 43.1% | 180 / 283 | 189 / 55 | 12M | 7M |
| Q3 2023 | 622 | 66M | 40.3% | 90 / 238 | 181 / 59 | 6M | 8M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of ZS | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 3,335,380 | 2.05% | $470.79M | 0.02% | Jun 30, 2026 |
| First Trust Nasdaq Cybersecurity ETF | 2,981,860 | 1.83% | $420.89M | 3.04% | Jun 30, 2026 |
| Vanguard Mid-Cap Index Fund | 2,277,408 | 1.40% | $321.46M | 0.14% | Jun 30, 2026 |
| Vanguard Growth Index Fund | 1,628,517 | 1.00% | $229.87M | 0.06% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 1,180,136 | 0.72% | $166.58M | 0.17% | Jun 30, 2026 |
| Vanguard Information Technology Index Fund | 970,581 | 0.60% | $135.62M | 0.08% | May 31, 2026 |
| Vanguard Mid-Cap Growth Index Fund | 805,227 | 0.49% | $113.66M | 0.33% | Jun 30, 2026 |
| Amplify Cybersecurity ETF | 738,863 | 0.45% | $104.29M | 4.02% | Jun 30, 2026 |
| Vanguard Windsor Fund | 707,745 | 0.43% | $107.01M | 0.42% | Jul 31, 2026 |
| Invesco NASDAQ 100 ETF | 682,687 | 0.42% | $95.39M | 0.10% | May 31, 2026 |
| Victory Pioneer Fund | 678,385 | 0.42% | $95.75M | 0.86% | Jun 30, 2026 |
| iShares Russell Mid-Cap Growth ETF | 617,134 | 0.38% | $87.11M | 0.40% | Jun 30, 2026 |
| iShares Expanded Tech-Software Sector ETF | 526,930 | 0.32% | $74.38M | 0.55% | Jun 30, 2026 |
| Fidelity Extended Market Index Fund | 526,923 | 0.32% | $73.63M | 0.17% | May 31, 2026 |
| Ultra Fund | 460,000 | 0.28% | $69.55M | 0.27% | Jul 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Jagtar Singh Chaudhry | CEO & Chairman, Director, 10% owner | 26,859,447 | 16.47% | Sep 17, 2026 |
| Raj Judge | EVP, Corp. Strategy & Ventures, Director | 67,906 | 0.04% | Mar 18, 2026 |
| Kevin Rubin | Chief Financial Officer | 42,877 | 0.03% | Sep 28, 2026 |
| Adam Geller | Chief Product Officer | 38,308 | 0.02% | Sep 21, 2026 |
| Robert Schlossman | Chief Legal Officer | 61,591 | 0.04% | Sep 21, 2026 |
| Michael J. Rich | CRO and President of WW Sales | 96,193 | 0.06% | Sep 17, 2026 |
| Syam Nair | CTO | 106,659 | 0.07% | Jun 18, 2025 |
| Remo Canessa | Chief Financial Officer | 213,702 | 0.13% | Mar 20, 2025 |
| James A. Beer | Director | 4,030 | 0.00% | Sep 17, 2026 |
| Karen Blasing | Director | 68,381 | 0.04% | Jan 13, 2026 |
| David Schneider | Director | 24,912 | 0.02% | Jan 13, 2026 |
| Andrew William Fraser Brown | Director | 48,105 | 0.03% | Jan 13, 2026 |
| Scott C. Darling | Director | 54,052 | 0.03% | Jan 13, 2026 |
| Eileen Naughton | Director | 7,745 | 0.00% | Jan 13, 2026 |
| Charles H. Giancarlo | Director | 270,451 | 0.17% | Jan 13, 2026 |
| P. Jyoti Chaudhry | 10% owner | 24,698,633 | 15.15% | Sep 29, 2025 |
| Ajay Mangal | 10% owner | 2,559,330 | 1.57% | Jun 11, 2025 |
| Trust CJCP | 10% owner | 2,704,891 | 1.66% | Jun 11, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Kevin Rubin Chief Financial Officer | Sep 25, 2026 | Sale(10b5-1 plan) | −3 | $197.32 | $592 | 42,877 |
| Kevin Rubin Chief Financial Officer | Sep 25, 2026 | Sale(10b5-1 plan) | −118 | $196.57 | $23.20K | 42,880 |
| Kevin Rubin Chief Financial Officer | Sep 25, 2026 | Sale(10b5-1 plan) | −189 | $195.64 | $36.98K | 42,998 |
| Kevin Rubin Chief Financial Officer | Sep 25, 2026 | Sale(10b5-1 plan) | −100 | $194.76 | $19.48K | 43,187 |
| Kevin Rubin Chief Financial Officer | Sep 25, 2026 | Sale(10b5-1 plan) | −20 | $205.35 | $4.11K | 42,775 |
| Kevin Rubin Chief Financial Officer | Sep 25, 2026 | Sale(10b5-1 plan) | −4 | $205.99 | $824 | 42,771 |
| Kevin Rubin Chief Financial Officer | Sep 25, 2026 | Sale(10b5-1 plan) | −3 | $207.80 | $623 | 42,768 |
| Kevin Rubin Chief Financial Officer | Sep 25, 2026 | Sale(10b5-1 plan) | −9 | $199.71 | $1.80K | 42,868 |
| Kevin Rubin Chief Financial Officer | Sep 25, 2026 | Sale(10b5-1 plan) | −20 | $201.11 | $4.02K | 42,848 |
| Kevin Rubin Chief Financial Officer | Sep 25, 2026 | Sale(10b5-1 plan) | −5 | $202.06 | $1.01K | 42,843 |
| Kevin Rubin Chief Financial Officer | Sep 25, 2026 | Sale(10b5-1 plan) | −12 | $204.42 | $2.45K | 42,795 |
| Kevin Rubin Chief Financial Officer | Sep 25, 2026 | Sale(10b5-1 plan) | −36 | $203.15 | $7.31K | 42,807 |
| Adam Geller Chief Product Officer | Sep 21, 2026 | Sale(10b5-1 plan) | −661 | $200.00 | $132.20K | 38,308 |
| Robert Schlossman Chief Legal Officer | Sep 21, 2026 | Sale(10b5-1 plan) | −5,394 | $200.00 | $1.08M | 61,525 |
| James A. Beer Director | Sep 17, 2026 | Sale(10b5-1 plan) | −177 | $192.01 | $33.99K | 4,030 |
| Adam Geller Chief Product Officer | Sep 17, 2026 | Sale(10b5-1 plan) | −4,584 | $192.01 | $880.17K | 38,969 |
| Adam Geller Chief Product Officer | Sep 16, 2026 | Sale(10b5-1 plan) | −5,578 | $192.76 | $1.08M | 43,553 |
| Kevin Rubin Chief Financial Officer | Sep 16, 2026 | Sale | −5,957 | $192.76 | $1.15M | 43,287 |
| Jagtar Singh Chaudhry CEO & Chairman, Director, 10% owner | Sep 16, 2026 | Sale | −2,852 | $192.76 | $549.75K | 340,186 |
| Michael J. Rich CRO and President of WW Sales | Sep 16, 2026 | Sale | −4,108 | $192.76 | $791.86K | 96,193 |
| Robert Schlossman Chief Legal Officer | Sep 16, 2026 | Sale | −2,325 | $192.76 | $448.17K | 66,919 |
| Adam Geller Chief Product Officer | Sep 15, 2026 | Award | +6,817 | – | – | 49,131 |
| Kevin Rubin Chief Financial Officer | Sep 15, 2026 | Award | +8,349 | – | – | 49,244 |
| Kevin Rubin Chief Financial Officer | Aug 25, 2026 | Sale(10b5-1 plan) | −6 | $176.49 | $1.06K | 40,895 |
| Kevin Rubin Chief Financial Officer | Aug 25, 2026 | Sale(10b5-1 plan) | −48 | $174.54 | $8.38K | 40,967 |
| Kevin Rubin Chief Financial Officer | Aug 25, 2026 | Sale(10b5-1 plan) | −92 | $173.53 | $15.96K | 41,015 |
| Kevin Rubin Chief Financial Officer | Aug 25, 2026 | Sale(10b5-1 plan) | −291 | $172.53 | $50.21K | 41,107 |
| Kevin Rubin Chief Financial Officer | Aug 25, 2026 | Sale(10b5-1 plan) | −66 | $175.78 | $11.60K | 40,901 |
| Kevin Rubin Chief Financial Officer | Jul 27, 2026 | Sale(10b5-1 plan) | −118 | $147.74 | $17.43K | 41,540 |
| Kevin Rubin Chief Financial Officer | Jul 27, 2026 | Sale(10b5-1 plan) | −72 | $144.74 | $10.42K | 41,829 |
| Kevin Rubin Chief Financial Officer | Jul 27, 2026 | Sale(10b5-1 plan) | −142 | $148.81 | $21.13K | 41,398 |
| Kevin Rubin Chief Financial Officer | Jul 27, 2026 | Sale(10b5-1 plan) | −96 | $146.75 | $14.09K | 41,658 |
| Kevin Rubin Chief Financial Officer | Jul 27, 2026 | Sale(10b5-1 plan) | −75 | $145.71 | $10.93K | 41,754 |
| Robert Schlossman Chief Legal Officer | Jul 6, 2026 | Sale(10b5-1 plan) | −122 | $150.00 | $18.30K | 69,244 |
| Kevin Rubin Chief Financial Officer | Jun 25, 2026 | Sale(10b5-1 plan) | −12 | $126.79 | $1.52K | 41,901 |
| Kevin Rubin Chief Financial Officer | Jun 25, 2026 | Sale(10b5-1 plan) | −504 | $123.18 | $62.08K | 44,397 |
| Kevin Rubin Chief Financial Officer | Jun 25, 2026 | Sale(10b5-1 plan) | −1,696 | $124.07 | $210.42K | 42,701 |
| Kevin Rubin Chief Financial Officer | Jun 25, 2026 | Sale(10b5-1 plan) | −228 | $125.97 | $28.72K | 41,913 |
| Kevin Rubin Chief Financial Officer | Jun 25, 2026 | Sale(10b5-1 plan) | −560 | $124.87 | $69.93K | 42,141 |
| Adam Geller Chief Product Officer | Jun 22, 2026 | Sale(10b5-1 plan) | −2,817 | $122.60 | $345.36K | 42,314 |
| James A. Beer Director | Jun 17, 2026 | Sale(10b5-1 plan) | −177 | $125.50 | $22.21K | 4,207 |
| Robert Schlossman Chief Legal Officer | Jun 16, 2026 | Sale | −3,146 | $126.43 | $397.75K | 69,366 |
| Jagtar Singh Chaudhry CEO & Chairman, Director, 10% owner | Jun 16, 2026 | Sale | −2,878 | $126.43 | $363.87K | 343,038 |
| Kevin Rubin Chief Financial Officer | Jun 16, 2026 | Sale | −1,686 | $126.43 | $213.16K | 44,901 |
| Michael J. Rich CRO and President of WW Sales | Jun 16, 2026 | Sale | −4,184 | $126.43 | $528.98K | 100,301 |
| Adam Geller Chief Product Officer | Jun 16, 2026 | Sale | −1,940 | $126.43 | $245.27K | 45,131 |
| Adam Geller Chief Product Officer | Mar 18, 2026 | Sale(10b5-1 plan) | −2,094 | $153.53 | $321.49K | 46,949 |
| James A. Beer Director | Mar 18, 2026 | Sale(10b5-1 plan) | −177 | $153.53 | $27.17K | 4,384 |
| Adam Geller Chief Product Officer | Mar 17, 2026 | Sale(10b5-1 plan) | −1,485 | $156.59 | $232.54K | 49,043 |
| Raj Judge EVP, Corp. Strategy & Ventures, Director | Mar 17, 2026 | Sale | −2,488 | $156.59 | $389.60K | 67,906 |
| Michael J. Rich CRO and President of WW Sales | Mar 17, 2026 | Sale | −3,147 | $156.59 | $492.79K | 104,350 |
| Robert Schlossman Chief Legal Officer | Mar 17, 2026 | Sale | −2,263 | $156.59 | $354.36K | 72,390 |
| Jagtar Singh Chaudhry CEO & Chairman, Director, 10% owner | Mar 17, 2026 | Sale | −1,941 | $156.59 | $303.94K | 345,916 |
| Kevin Rubin Chief Financial Officer | Mar 17, 2026 | Sale | −1,682 | $156.59 | $263.38K | 46,479 |
| Andrew William Fraser Brown Director | Jan 12, 2026 | Award | +1,076 | – | – | 23,292 |
| James A. Beer Director | Jan 12, 2026 | Award | +1,076 | – | – | 4,561 |
| Eileen Naughton Director | Jan 12, 2026 | Award | +1,076 | – | – | 7,745 |
| Charles H. Giancarlo Director | Jan 12, 2026 | Award | +1,076 | – | – | 145,451 |
| David Schneider Director | Jan 12, 2026 | Award | +1,076 | – | – | 24,912 |
| Karen Blasing Director | Jan 12, 2026 | Award | +1,076 | – | – | 42,757 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Geller Adam Officer | Oct 13, 2026 | 1,042 | $245.86K | Oct 12, 2026 | Stock Option Exercise |
| Geller Adam Officer | Oct 9, 2026 | 23,958 | $5.40M | Oct 9, 2026 | Stock Option Exercise |
| Rubin Kevin Officer | Sep 25, 2026 | 1,547 | $332.05K | Sep 25, 2026 | RSU Vesting |
| Geller Adam Officer | Sep 21, 2026 | 661 | $132.20K | Sep 21, 2026 | Performance Shares |
| Schlossman Robert Officer | Sep 21, 2026 | 5,394 | $1.06M | Sep 21, 2026 | Restricted Stock Units |
| A. Beer James Director | Sep 17, 2026 | 177 | $33.99K | Sep 17, 2026 | Restricted Stock |
| Geller Adam Officer | Sep 17, 2026 | 4,584 | $880.17K | Sep 17, 2026 | Performance Shares |
| Chaudhry Jay Officer, 10% Owner, Director | Sep 16, 2026 | 2,852 | $549.76K | Sep 16, 2026 | Vesting of Restricted Stock Units |
| Schlossman Robert Officer | Sep 16, 2026 | 2,325 | $448.17K | Sep 16, 2026 | Vesting of Restricted Stock Units |
| Geller Adam Officer | Sep 16, 2026 | 5,578 | $1.08M | Sep 16, 2026 | Vesting of Restricted Stock Units |
| Rich Mike Officer | Sep 16, 2026 | 4,108 | $791.87K | Sep 16, 2026 | Vesting of Restricted Stock Units |
| Rubin Kevin Officer | Sep 16, 2026 | 5,957 | $1.15M | Sep 16, 2026 | Vesting of Restricted Stock Units |
| Schlossman Robert Officer | Jul 6, 2026 | 122 | $17.97K | Jul 6, 2026 | Employee Stock Purchase Plan |
| Rubin Kevin Officer | Jun 25, 2026 | 4,006 | $509.84K | Jun 25, 2026 | RSU Vesting |
| Geller Adam Officer | Jun 22, 2026 | 2,817 | $345.36K | Jun 22, 2026 | Restricted Stock |