Zscaler Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

WBAG:ZSCA Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
17 Mar 26	Sell€201,683	Adam Geller	Individual	1,485	€135.81
17 Mar 26	Sell€307,345	Robert Schlossman	Individual	2,263	€135.81
17 Mar 26	Sell€263,614	Jagtar Chaudhry	Individual	1,941	€135.81
17 Mar 26	Sell€427,404	Mike Rich	Individual	3,147	€135.81
17 Mar 26	Sell€337,903	Raj Judge	Individual	2,488	€135.81
17 Mar 26	Sell€228,438	Kevin Rubin	Individual	1,682	€135.81
17 Dec 25	Sell€1,071,129	Robert Schlossman	Individual	5,433	€198.10
16 Dec 25	Sell€647,503	Kevin Rubin	Individual	3,303	€196.03
16 Dec 25	Sell€803,743	Mike Rich	Individual	4,100	€196.03
16 Dec 25	Sell€673,968	Raj Judge	Individual	3,438	€196.03
16 Dec 25	Sell€557,327	Jagtar Chaudhry	Individual	2,843	€196.03
16 Dec 25	Sell€403,832	Adam Geller	Individual	2,060	€196.03
24 Oct 25	Sell€894,088	Robert Schlossman	Individual	3,200	€279.40
02 Oct 25	Sell€1,829,786	Robert Schlossman	Individual	7,006	€262.79
16 Sep 25	Sell€678,985	Jagtar Chaudhry	Individual	2,865	€236.99
16 Sep 25	Sell€908,154	Robert Schlossman	Individual	3,832	€236.99
16 Sep 25	Sell€2,652,664	Adam Geller	Individual	11,193	€236.99
16 Sep 25	Sell€1,072,160	Raj Judge	Individual	4,524	€236.99
16 Sep 25	Sell€2,777,085	Mike Rich	Individual	11,718	€236.99

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of ZSCA?
Owner Type	Number of Shares	Ownership Percentage
Private Companies	4,547	0.00281%
State or Government	42,766	0.0264%
General Public	16,359,206	10.1%
Individual Insiders	56,534,555	35%
Institutions	88,768,451	54.9%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 67.7% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
18%	Ajay Mangal	29,084,052	€3.2b	0%	no data
16.6%	Jagtar Chaudhry	26,859,164	€2.9b	0.02%	no data
5.29%	BlackRock, Inc.	8,551,896	€927.2m	9.47%	0.01%
3.67%	Vanguard Portfolio Management, LLC	5,930,635	€643.0m	0%	0.03%
2.88%	Vanguard Capital Management, LLC	4,660,890	€505.3m	0%	0.01%
2.18%	First Trust Advisors LP	3,518,678	€381.5m	36.2%	0.23%
2.13%	T. Rowe Price Group, Inc.	3,438,329	€372.8m	-23.6%	0.03%
2.09%	UBS Asset Management AG	3,377,948	€366.2m	14.9%	0.03%
1.47%	State Street Global Advisors, Inc.	2,384,518	€258.5m	2.01%	0.01%
1.47%	American Century Investment Management Inc	2,384,425	€258.5m	-0.72%	0.1%
1.32%	FMR LLC	2,135,846	€231.6m	-52.1%	0.01%
1.29%	Geode Capital Management, LLC	2,086,910	€226.3m	0.83%	0.01%
1.19%	Pictet Asset Management Limited	1,920,540	€208.2m	52.5%	0.16%
1.12%	Goldman Sachs Asset Management, L.P.	1,818,235	€197.1m	16.6%	0.04%
0.98%	Tiger Global Management, LLC	1,579,766	€171.3m	0%	0.68%
0.96%	Victory Capital Management Inc.	1,555,104	€168.6m	1,020%	0.1%
0.73%	Two Sigma Investments, LP	1,176,095	€127.5m	484%	0.11%
0.66%	Amundi Asset Management SAS	1,072,986	€116.3m	35.6%	0.02%
0.61%	AQR Capital Management, LLC	993,866	€107.8m	-36.4%	0.05%
0.61%	The Goldman Sachs Group, Inc.	979,151	€106.2m	16.6%	0.03%
0.55%	Wellington Management Group LLP	893,501	€96.9m	566%	0.02%
0.54%	Morgan Stanley	874,104	€94.8m	-23%	0.01%
0.52%	Invesco Capital Management LLC	840,542	€91.1m	-0.72%	0.02%
0.43%	Northern Trust Global Investments	688,501	€74.6m	1.18%	0.01%
0.42%	Squarepoint OPS LLC	676,652	€73.4m	6.75%	0.16%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/06/18 04:50
End of Day Share Price	2026/06/18 00:00
Earnings	2026/04/30
Annual Earnings	2025/07/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Zscaler, Inc. is covered by 64 analysts. 46 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Shrenik Kothari	Baird
Saket Kalia	Barclays
Rahul Chopra	Berenberg