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Zscaler and Schwarz Digits Launch Sovereign Zero Trust SASE on STACKIT Cloud in Germany

Zscaler and Schwarz Digits launch sovereign Zero Trust SASE service in Europe, enhancing cybersecurity and data protection compliance.

Quiver AI Summary

Zscaler and Schwarz Digits have formed a strategic partnership to launch a sovereign Zero Trust Secure Access Service Edge (SASE) platform, leveraging Zscaler’s cybersecurity expertise and Schwarz Digits’ European cloud infrastructure, STACKIT, located in Germany. This collaboration aims to address the growing need for robust cybersecurity solutions amid escalating AI-driven threats, particularly for critical sectors such as public administration, defense, finance, and healthcare. The new offering ensures compliance with European regulations and maintains data sovereignty, allowing organizations to secure their hybrid workforces while adhering to operational and supply-chain security expectations. The partnership promises enhanced protection against cyberattacks and emphasizes the importance of technological independence through secure, resilient IT infrastructure.

Potential Positives

  • Partnership enhances Zscaler's position in Europe by offering a sovereign Zero Trust SASE service, addressing the increasing demand for data sovereignty and security compliance.
  • The collaboration combines Zscaler's cybersecurity expertise with Schwarz Digits' cloud infrastructure, creating a robust solution for critical sectors such as public administration, defense, financial services, and healthcare.
  • This initiative aligns with European regulations and elevates cybersecurity to a board-level priority, making Zscaler a vital player in the region's cybersecurity landscape.

Potential Negatives

  • Forward-looking statements indicate uncertainty regarding the adoption and performance of the new service, highlighting potential risks that could negatively impact customer trust and market acceptance.
  • The reliance on European regulations for the service's success suggests vulnerability to regulatory changes that could affect operational viability and compliance.
  • The mention of escalating AI-driven cyber threats implies that existing cybersecurity measures may not be sufficient, raising concerns about the effectiveness of the company's current offerings.

FAQ

What is the Zscaler Zero Trust Exchange™ platform?

The Zscaler Zero Trust Exchange™ is a cybersecurity platform designed to secure users, applications, and data through a Zero Trust framework.

How does the partnership enhance cybersecurity in Europe?

The partnership combines Zscaler's security expertise with Schwarz Digits' sovereign cloud, creating a compliant and resilient cybersecurity solution for European customers.

What industries can benefit from the joint offering?

The solution is tailored for mission-critical sectors such as public administration, defense, financial services, and healthcare across Europe.

How does this partnership address data sovereignty concerns?

By operating in German data centers within the EU, the offering ensures that customer data remains protected and compliant with European regulations.

Can organizations secure their hybrid workforce with this solution?

Yes, the joint offering allows organizations to secure their hybrid workforce while meeting operational resilience and supply-chain security expectations.

Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.


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$ZS Insider Trading Activity

ZS Insider Trades

$ZS insiders have traded $ZS stock on the open market 16 times in the past 6 months. Of those trades, 0 have been purchases and 16 have been sales.

Here’s a breakdown of recent trading of $ZS stock by insiders over the last 6 months:

  • ADAM GELLER (Chief Product Officer) has made 0 purchases and 4 sales selling 8,336 shares for an estimated $1,144,670.
  • MICHAEL J. RICH (CRO and President of WW Sales) has made 0 purchases and 2 sales selling 7,331 shares for an estimated $1,021,779.
  • ROBERT SCHLOSSMAN (Chief Legal Officer) has made 0 purchases and 3 sales selling 5,531 shares for an estimated $770,417.
  • JAGTAR SINGH CHAUDHRY (CEO & Chairman) has made 0 purchases and 2 sales selling 4,819 shares for an estimated $667,811.
  • KEVIN RUBIN (Chief Financial Officer) has made 0 purchases and 2 sales selling 3,368 shares for an estimated $476,549.
  • RAJ JUDGE (EVP, Corp. Strategy & Ventures) sold 2,488 shares for an estimated $389,603
  • JAMES A BEER has made 0 purchases and 2 sales selling 354 shares for an estimated $49,388.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

$ZS Revenue

ZS Quarterly Revenue

$ZS had revenues of $850.5M in Q3 2026. This is an increase of 25.43% from the same period in the prior year.

You can track ZS financials on Quiver Quantitative's ZS stock page.

You can access data on ZS stock through the Quiver Quantitative API.

$ZS Hedge Fund Activity

We have seen 346 institutional investors add shares of $ZS stock to their portfolio, and 460 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

  • FMR LLC removed 2,339,184 shares (-51.6%) from their portfolio in Q1 2026, for an estimated $328,164,123
  • FEDERATED HERMES, INC. removed 1,074,482 shares (-89.2%) from their portfolio in Q1 2026, for an estimated $150,739,079
  • TWO SIGMA INVESTMENTS, LP added 974,678 shares (+483.9%) to their portfolio in Q1 2026, for an estimated $136,737,576
  • FIRST TRUST ADVISORS LP added 935,781 shares (+36.2%) to their portfolio in Q1 2026, for an estimated $131,280,716
  • PRICE T ROWE ASSOCIATES INC /MD/ removed 823,148 shares (-32.0%) from their portfolio in Q1 2026, for an estimated $115,479,432
  • WELLINGTON MANAGEMENT GROUP LLP added 759,412 shares (+566.3%) to their portfolio in Q1 2026, for an estimated $106,537,909
  • BLACKROCK, INC. added 737,561 shares (+9.4%) to their portfolio in Q1 2026, for an estimated $103,472,432

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$ZS Analyst Ratings

Wall Street analysts have issued reports on $ZS in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

  • Macquarie issued a "Outperform" rating on 02/27/2026

To track analyst ratings and price targets for $ZS, check out Quiver Quantitative's $ZS forecast page.

$ZS Price Targets

Multiple analysts have issued price targets for $ZS recently. We have seen 33 analysts offer price targets for $ZS in the last 6 months, with a median target of $200.0.

Here are some recent targets:

  • Jackson Ader from Keybanc set a target price of $176.0 on 06/25/2026
  • Todd Weller from Stephens & Co. set a target price of $200.0 on 06/12/2026
  • Kingsley Crane from Canaccord Genuity set a target price of $210.0 on 06/11/2026
  • Mike Cikos from Needham set a target price of $180.0 on 06/10/2026
  • Steve Koenig from Macquarie set a target price of $172.0 on 06/10/2026
  • Matthew Hedberg from RBC Capital set a target price of $200.0 on 06/10/2026
  • Catharine Trebnick from Rosenblatt set a target price of $200.0 on 06/10/2026

Full Release

  • Partnership operates the Zscaler Zero Trust Exchange™ platform on Schwarz Digits’ cloud infrastructure STACKIT in Germany.
  • Joint offering delivers sovereign Zero Trust SASE for customers across Europe, combining Zscaler’s deep cybersecurity expertise with data sovereignty.

BAD FRIEDRICHSHALL, Germany and MUNICH, July 28, 2026 (GLOBE NEWSWIRE) -- Zscaler, the cybersecurity platform for the AI era, and Schwarz Digits, the IT and digital division of Schwarz Group, today announced a strategic partnership. The collaboration combines the Zscaler Zero Trust Exchange platform with Schwarz Digits’ European sovereign cloud STACKIT. This creates a sovereign Zero Trust Secure Access Service Edge (SASE) service designed to prevent AI-driven threats and increase cyber resilience. Now available to customers across Europe, this offering is hosted in German data centers and operated by STACKIT. While built for organizations across every industry, the solution is tailored specifically for mission-critical operations in public administration, defense, financial services, and healthcare.

European customers are increasingly demanding sovereign technology while cybersecurity threats continue to escalate rapidly in scale, speed and sophistication, driven in particular by the use of AI by malicious actors. At the same time, European regulations including NIS2, DORA, the AI Act, and others have elevated cybersecurity to a board-level priority. Organizations must address digital sovereignty concerns while also meeting strict cybersecurity regulatory requirements and not losing sight of performance demands. This balancing act can be difficult to achieve.

Schwarz Digits and Zscaler solve these needs simultaneously by deploying the Zscaler security platform in Schwarz Digits’ data centers to deliver a holistic Zero Trust SASE sovereign cloud approach. Organizations can now secure their hybrid workforce while meeting demanding operational resilience and supply-chain security expectations. The joint offering covers the deployment, management, operation, and support of a state-of-the-art cybersecurity cloud platform, so that customer data and operations remain protected against cyber threats and aligned with European legal requirements.

Christian Müller, CEO of Schwarz Digits , explains: “Technological independence begins with infrastructure. Through this partnership, we are taking network security to a new level: we are evolving existing security architectures and focusing on high-performance identity verification. For our customers, this means even stronger protection against cyberattacks.”

“In an era of AI-driven cyber threats, a modern Zero Trust SASE solution is the only effective way to protect sensitive enterprise data,” says Misha Kuperman, Chief Reliability Officer at Zscaler . “Our partnership with Schwarz Digits is a concrete demonstration of our long-term commitment to Europe: Together, we help our customers eliminate their attack surface and prevent the lateral movement of threats, while still maintaining compliance with European regulations through EU data residency. This enables the highest level of security while aligning with European digital sovereignty regulations.”

“Our customers in the private and public sector need secure, resilient IT infrastructure without compromising on digital sovereignty. By uniting the expertise of two technology leaders, we make this a reality: Zscaler provides an advanced Zero Trust SASE architecture to counter AI-driven cyberattacks, while Schwarz Digits ensures a sovereign cloud infrastructure through STACKIT. This helps to ensure all data remains in the EU and is protected against third-party access,” says Bernd Wagner, CSO of Schwarz Digits .

More information
Please find more information at www.schwarz-digits.de/en .

Contact
Schwarz Digits
Telephone +49 7132 30 490 490
presse@digits.schwarz

Media Contacts
Nick Gonzalez, Director of Public Relations
press@zscaler.com

About Zscaler
Zscaler (NASDAQ: ZS) is a pioneer and global leader in zero trust security. The world’s largest businesses, critical infrastructure organizations, and government agencies rely on Zscaler to secure users, branches, applications, data & devices, and to accelerate digital transformation initiatives. Distributed across 160+ data centers globally, the Zscaler Zero Trust Exchange™ platform combined with advanced AI combats billions of cyber threats and policy violations every day and unlocks productivity gains for modern enterprises by reducing costs and complexity.

Forward-Looking Statements

This press release contains forward-looking statements that are based on our management’s beliefs and assumptions and on information currently available to our management. These forward-looking statements include the expected delivery, adoption, and performance of the Zero Trust security service, including deployment on STACKIT infrastructure. These forward-looking statements are subject to the safe harbor provisions created by the Private Securities Litigation Reform Act of 1995. A significant number of factors could cause actual results to differ materially from statements made in this press release, including those factors related to the deployment, performance, regulatory alignment, customer adoption and market acceptance of the joint offering across Europe. Additional risks and uncertainties are set forth in our most recent Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission (“SEC”) on May 26, 2026, which is available on our website at ir.zscaler.com and on the SEC’s website at www.sec.gov. Any forward-looking statements in this release are based on the limited information currently available to Zscaler as of the date hereof, which is subject to change, and Zscaler will not necessarily update the information, even if new information becomes available in the future.

About Schwarz Digits
Schwarz Digits is the IT and digital division of Schwarz Group and offers impressive digital products and services that meet the high German data protection standards. With the aim of achieving the greatest possible digital sovereignty, Schwarz Digits provides the IT infrastructure and solutions for the extensive ecosystem of Schwarz Group’s companies and develops it for the future. Schwarz Digits' sovereign core services include Cloud, Cyber Security, Data and AI, Communication and Workspace. In addition, Schwarz Digits creates optimal conditions for the development of trend-setting innovations for end customers, companies and public sector organizations.


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