Piper Sandler Lowers Rating on Zscaler (LSE:0XVU)

Published On: May 31, 2025 7:59 am

Piper Sandler Downgrades Zscaler from Overweight to Neutral

On May 30, 2025, Piper Sandler downgraded Zscaler’s (LSE:0XVU) outlook from Overweight to Neutral.

Fund Sentiment Update

A total of 1,285 funds or institutions are reporting positions in Zscaler, reflecting an increase of 21 owners or 1.66% over the last quarter. The average portfolio weight of all funds invested in 0XVU is 0.25%, which is a rise of 74.83%. Institutional ownership grew by 11.50% in the last three months, totaling 92,975K shares.

Shareholder Activity

GB:0XVU / Zscaler, Inc. Shares Held by Institutions

Invesco QQQ Trust, Series 1 holds 3,158K shares, accounting for 2.04% of Zscaler. Previously, it reported 3,112K shares, marking an increase of 1.45%. The firm raised its portfolio allocation in 0XVU by 19.71% last quarter.

UBS Asset Management Americas has 3,128K shares, representing 2.02% ownership. They reported 2,601K shares previously, indicating a 16.85% increase. However, they decreased their portfolio allocation in 0XVU by 80.40% over the last quarter.

American Century Companies owns 2,938K shares, or 1.90% of the company. Up from 2,862K shares, this reflects a 2.57% increase. They increased their allocation in 0XVU by 20.58% last quarter.

VTSMX – Vanguard Total Stock Market Index Fund Investor Shares holds 2,910K shares, with 1.88% ownership. This is slightly up from 2,889K shares, a 0.72% increase, representing a 15.56% portfolio allocation rise over the last quarter.

The Goldman Sachs Group has 2,842K shares, which is 1.84% ownership. Previously at 2,480K shares, they saw a 12.72% increase, but reduced their portfolio allocation in 0XVU by 66.71% last quarter.