Zscaler (NASDAQ:ZS) Insider Adam Geller Sells 5,578 Shares of Stock

Zscaler, Inc. (NASDAQ:ZS) insider Adam Geller sold 5,578 shares of the stock in a transaction on Wednesday, September 16th. The shares were sold at an average price of $192.76, for a total value of $1,075,215.28. Following the sale, the insider owned 43,553 shares of the company’s stock, valued at $8,395,276.28. This trade represents a 11.35% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Adam Geller also recently made the following trade(s):

• On Thursday, September 17th, Adam Geller sold 4,584 shares of Zscaler stock. The stock was sold at an average price of $192.01, for a total value of $880,173.84.
• On Monday, June 22nd, Adam Geller sold 2,817 shares of Zscaler stock. The stock was sold at an average price of $122.60, for a total value of $345,364.20.

Zscaler Stock Up 3.1%

Shares of Zscaler stock opened at $197.47 on Friday. Zscaler, Inc. has a 12-month low of $114.63 and a 12-month high of $336.99. The firm has a market capitalization of $32.20 billion, a PE ratio of -506.33, a price-to-earnings-growth ratio of 23.05 and a beta of 0.95. The company has a quick ratio of 1.70, a current ratio of 1.70 and a debt-to-equity ratio of 0.65. The stock’s fifty day moving average is $167.06 and its 200-day moving average is $151.50.

Zscaler (NASDAQ:ZS) last released its quarterly earnings results on Thursday, September 3rd. The company reported $1.19 earnings per share for the quarter, beating analysts’ consensus estimates of $1.09 by $0.10. The business had revenue of $898.19 million during the quarter, compared to analyst estimates of $876.96 million. Zscaler had a positive return on equity of 1.23% and a negative net margin of 1.88%.Zscaler’s revenue for the quarter was up 24.9% on a year-over-year basis. During the same quarter last year, the company posted $0.89 EPS. Zscaler has set its FY 2027 guidance at 4.860-4.900 EPS and its Q1 2027 guidance at 1.150-1.160 EPS. Equities analysts anticipate that Zscaler, Inc. will post 0.61 earnings per share for the current year.

Key Headlines Impacting Zscaler

Here are the key news stories impacting Zscaler this week:

• Positive Sentiment: Options traders purchased a large volume of Zscaler call options, signaling bullish positioning and expectations for additional share-price strength. Traders Purchase Large Volume of Call Options on Zscaler
• Positive Sentiment: Recent earnings momentum remains supportive: Zscaler exceeded quarterly EPS and revenue estimates, with revenue rising 24.9% year over year. The company is also expanding beyond its traditional seat-based business into data security and security for artificial intelligence. Q2 Earnings Highlights: Zscaler Vs. The Rest of the Cybersecurity Stocks
• Positive Sentiment: Zscaler is being highlighted as a strong momentum stock, which may attract additional technical and style-focused investors as shares trade well above their longer-term moving averages. Why Zscaler Is a Strong Momentum Stock
• Neutral Sentiment: Six company insiders, including the CEO and CFO, reported sales totaling approximately 21,473 shares and $4.1 million. Most sales were conducted under Rule 10b5-1 plans or to cover tax withholding on vested equity, reducing their value as a direct bearish signal. Zscaler Insider Transaction Filing
• Negative Sentiment: Analysts and investors are increasingly focused on decelerating annual recurring revenue growth. Although Zscaler’s broader growth engine remains strong, slower ARR could pressure the valuation of the high-growth cybersecurity stock. Zscaler Growth Engine Is Strong, But Slowing ARR Could Pressure the Stock

Hedge Funds Weigh In On Zscaler

A number of large investors have recently made changes to their positions in ZS. Handelsbanken Fonder AB increased its stake in Zscaler by 89.6% in the 2nd quarter. Handelsbanken Fonder AB now owns 60,933 shares of the company’s stock valued at $8,601,000 after buying an additional 28,792 shares during the period. Assenagon Asset Management S.A. lifted its position in Zscaler by 6.6% in the 2nd quarter. Assenagon Asset Management S.A. now owns 193,297 shares of the company’s stock worth $27,284,000 after buying an additional 11,941 shares in the last quarter. Bank of America Corp DE boosted its stake in shares of Zscaler by 44.3% during the 1st quarter. Bank of America Corp DE now owns 779,245 shares of the company’s stock valued at $109,320,000 after buying an additional 239,326 shares during the period. Danica Pension Livsforsikringsaktieselskab acquired a new stake in shares of Zscaler during the 2nd quarter valued at $11,232,000. Finally, Leonteq Securities AG purchased a new position in shares of Zscaler during the 4th quarter valued at $4,571,000. Institutional investors and hedge funds own 46.45% of the company’s stock.

Analyst Upgrades and Downgrades

ZS has been the topic of several analyst reports. Wedbush initiated coverage on shares of Zscaler in a research report on Friday, September 11th. They issued an “outperform” rating and a $215.00 target price on the stock. Robert W. Baird upped their price target on shares of Zscaler from $220.00 to $230.00 and gave the company an “outperform” rating in a research report on Friday, September 4th. Scotiabank reaffirmed an “outperform” rating on shares of Zscaler in a research note on Friday, September 4th. Stifel Nicolaus lifted their price objective on shares of Zscaler from $175.00 to $200.00 and gave the stock a “buy” rating in a research report on Wednesday, August 19th. Finally, BTIG Research reissued a “neutral” rating on shares of Zscaler in a research note on Friday, September 4th. Thirty-four research analysts have rated the stock with a Buy rating, six have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $218.38.

Zscaler Company Profile

Zscaler, Inc is a cloud-native cybersecurity company that provides security services designed to help organizations connect users, devices, applications and workloads securely over the internet. Its platform is built around a zero-trust security model, which verifies access based on identity, context and policy rather than relying primarily on a traditional corporate network perimeter.

The company’s offerings include Zscaler Internet Access, which secures access to internet and software-as-a-service applications, and Zscaler Private Access, which provides secure, policy-based access to private applications without requiring conventional virtual private networks.