SCHEDULE: Vanguard Boosts Zscaler Stake to 7.18%
Amendment to Beneficial Ownership Report
The Vanguard Group has disclosed an increased beneficial ownership of 7.18% in Zscaler Inc., holding over 11.3 million shares as of September 30, 2025.
Summary
- The Vanguard Group reported beneficial ownership of 11,367,838 shares of Zscaler Inc. common stock.
- This represents 7.18% of Zscaler Inc.'s class of securities.
- The filing is an Amendment No. 4 to a Schedule 13G, indicating an update to a previously reported beneficial ownership.
- As an investment adviser, Vanguard holds these securities in the ordinary course of business, not for the purpose of changing or influencing control of Zscaler Inc.
- Vanguard has sole dispositive power over 10,525,409 shares and shared dispositive power over 842,429 shares.
- Vanguard has shared voting power over 646,386 shares and no sole voting power.
Sentiment
Score: 5
Explanation: This is a factual disclosure of beneficial ownership, inherently neutral in sentiment regarding the issuer's performance, but indicates continued institutional interest.
Future Outlook
NA
Management Comments
- The securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities.
- The Vanguard Group, Inc.'s clients, including investment companies registered under the Investment Company Act of 1940 and other managed accounts, have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities reported herein. No one other person's interest in the securities reported herein is more than 5%.
Industry Context
NA
Stakeholder Impact
- Shareholders: Disclosure of a significant institutional holding by The Vanguard Group, potentially signaling confidence or continued investment interest in Zscaler Inc.
Key Dates
| Date | Description |
|---|---|
| 2025-09-30 | Date of event requiring filing, representing the beneficial ownership as of this date. |
| 2025-10-31 | Date of filing and certification by The Vanguard Group. |
Keywords
Zscaler Inc, Vanguard Group, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, Cybersecurity, Cloud Security
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