Brown Advisory Mid-Cap Growth Strategy's Q4 2025 Investor Letter: Zscaler, Inc. (NASDAQ:ZS) Stock Buy Amidst M&A Announcement
ByAinvest
Tuesday, Mar 24, 2026 7:35 am ET1min read
ZS--
Brown Advisory's Mid-Cap Growth Strategy established a position in Zscaler (ZS) in Q4 2025, citing strong strategic rationale behind the company's growing SASE security software market and cross-sell strategy driving ARPU and margin growth. Zscaler's market capitalization is $24.408 billion, and its stock has a one-month return of 1.63% and a 52-week loss of 29.63%.
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