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Xponance Inc. has positioned itself for potential gains in Zscaler, Inc. by increasing its stake in the company during the fourth quarter of last year, according to their 13F filing with the SEC. The firms holdings in Zscaler now amount to 11,436 shares valued at $1,280,000 as of their most recent filing.

Zscaler is a cloud-based internet security platform that provides a range of services including Zero Trust Exchange and Zscaler Internet Access. Founded by Jagtar Singh Chaudhry and Kailash Janakiraman, the company has a market capitalization of $15.05 billion with a price-to-earnings ratio of -45.30 and a beta of 0.85.

Despite opening at $103.74 on Friday, which represents a 52-week low for the stock, Zscalers moving average prices have been higher over both 50 and 200 days. Further metric analysis reveals an impressive quick ratio and current ratio indicating favorable liquidity ratios for the company.

Xponances position increase could prove to be astute as industry experts predict growth within the cybersecurity sector over the next few years due to increasing cyber threats and data breaches worldwide. As businesses continue to rely on digital solutions such as cloud computing and remote-working software, investing in companies that provide secure internet access may continue to be an attractive option for investors seeking long-term gains.

Overall, Xponances move demonstrates confidence in Zscalers business strategy while also positioning themselves well during this period of potential cybersecurity industry growth. While variables such as market competition and cybersecurity trends remain factors that investors must consider before making investment decisions, this move by Xponance exhibits confidence in Zscalers future success.

Zscaler, a leading cloud security company, has seen recent activity from institutional investors and insiders. Institutional investors have been adding or reducing their stakes in the companys stock. International Assets Investment Management LLC boosted its stake by 2.7%, Flagship Harbor Advisors LLC by 3.4%, Huntington National Bank by 29.8%, Brown Advisory Inc. by 2.3%, and ICICI Prudential Asset Management Co Ltd by 23.8%. In total, institutional investors and hedge funds own 45.33% of the stock.

The company has also seen insider selling activity, as Robert Schlossman sold 3,645 shares for $389,249.55 on March 16th and now owns 132,553 shares valued at $14,155,334.87. COO Dali Rajic sold 5,638 shares worth $602,082.02 on the same day and now owns 291,182 shares valued at $31,095,325.78.

Equities research analysts have issued several reports on Zscalers stock with ratings ranging from Moderate Buy to Strong Buy. Deutsche Bank Aktiengesellschaft lowered their target price to $140 from $190 while Wedbush reduced their price target from $180 to $150 based on data compiled from Bloomberg.com.

Zscaler focuses on cloud network security through its Zero Trust Exchange platform that securely connects users to applications without exposing them to risks traditionally associated with remote access solutions.

As cloud computing grows more popular among businesses worldwide due to its economic efficiency and consolidated operational approach therein lays a long-term opportunity for firms like Zscaler that specialize in protecting enterprises sensitive data stored off-premises through dedicated facilities with secure networks providing tangible advantages over less secure public connections.

In conclusion, Zcaler is slowly making its mark as it continues to reshape the cybersecurity market through innovation and making cloud computing safe for businesses.

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Xponance Inc. Increases Stake in Zscaler, Inc. Amid Predicted ... - Best Stocks