Zscaler (NASDAQ:ZS) CFO Kevin Rubin Sells 503 Shares of Stock

Zscaler, Inc. (NASDAQ:ZS) CFO Kevin Rubin sold 503 shares of the firm’s stock in a transaction that occurred on Monday, July 27th. The shares were sold at an average price of $147.12, for a total transaction of $74,001.36. Following the completion of the transaction, the chief financial officer owned 41,398 shares in the company, valued at $6,090,473.76. The trade was a 1.20% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Kevin Rubin also recently made the following trade(s):

• On Thursday, June 25th, Kevin Rubin sold 3,000 shares of Zscaler stock. The stock was sold at an average price of $124.22, for a total transaction of $372,660.00.
• On Tuesday, June 16th, Kevin Rubin sold 1,686 shares of Zscaler stock. The stock was sold at an average price of $126.43, for a total transaction of $213,160.98.

Zscaler Price Performance

Zscaler stock opened at $151.63 on Wednesday. The firm has a fifty day moving average of $142.04 and a 200-day moving average of $155.30. Zscaler, Inc. has a 52-week low of $114.63 and a 52-week high of $336.99. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.72. The firm has a market capitalization of $24.52 billion, a P/E ratio of -315.89, a PEG ratio of 84.41 and a beta of 0.96.

Zscaler (NASDAQ:ZS) last posted its earnings results on Tuesday, May 26th. The company reported $1.08 earnings per share for the quarter, beating the consensus estimate of $1.01 by $0.07. Zscaler had a negative net margin of 2.44% and a negative return on equity of 0.37%. The business had revenue of $850.48 million for the quarter, compared to analyst estimates of $835.14 million. During the same quarter in the previous year, the business posted $0.84 EPS. The business’s quarterly revenue was up 25.4% on a year-over-year basis. Zscaler has set its Q4 2026 guidance at 1.080-1.090 EPS and its FY 2026 guidance at 4.100-4.110 EPS. As a group, analysts predict that Zscaler, Inc. will post 0.12 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts have commented on ZS shares. Stifel Nicolaus reduced their price objective on Zscaler from $180.00 to $175.00 and set a “buy” rating on the stock in a research note on Wednesday, May 27th. UBS Group lowered their target price on Zscaler from $260.00 to $225.00 and set a “buy” rating for the company in a research note on Wednesday, May 27th. Citizens Jmp dropped their target price on Zscaler from $290.00 to $210.00 and set a “market outperform” rating on the stock in a report on Friday, May 1st. Truist Financial set a $210.00 price target on Zscaler in a research report on Wednesday, May 27th. Finally, Stephens restated an “overweight” rating and issued a $200.00 price target on shares of Zscaler in a report on Friday, June 12th. Thirty-four equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $214.21.

Institutional Trading of Zscaler

Large investors have recently modified their holdings of the business. Oxbow Advisors LLC acquired a new stake in shares of Zscaler during the fourth quarter worth approximately $2,939,000. Qsemble Capital Management LP raised its holdings in Zscaler by 105.5% in the fourth quarter. Qsemble Capital Management LP now owns 15,773 shares of the company’s stock valued at $3,548,000 after acquiring an additional 8,099 shares in the last quarter. J. Safra Sarasin Holding AG boosted its stake in Zscaler by 94.7% during the 4th quarter. J. Safra Sarasin Holding AG now owns 63,627 shares of the company’s stock valued at $14,311,000 after acquiring an additional 30,952 shares during the last quarter. Leonteq Securities AG bought a new position in Zscaler during the 4th quarter valued at $4,571,000. Finally, Norges Bank acquired a new position in Zscaler during the 4th quarter worth $79,762,000. 46.45% of the stock is currently owned by institutional investors and hedge funds.

About Zscaler

Zscaler is a cloud security company that delivers a cloud-native platform to protect users, applications and data as organizations move away from traditional, network-centric security architectures. The company focuses on a zero trust approach that assumes no implicit trust for users or devices, providing secure access to the internet, SaaS applications and private applications regardless of where users are located. Zscaler positions its services as an alternative to legacy appliances and site-centric VPNs, aiming to simplify security while enabling modern, distributed workforces.

Key offerings are built around the Zscaler Zero Trust Exchange, a multi-tenant cloud platform that enforces security and access policies in-line.