Zscaler (NASDAQ:ZS) Insider Sells $245,859.90 in Stock

Zscaler, Inc. (NASDAQ:ZS) insider Adam Geller sold 1,042 shares of the firm’s stock in a transaction that occurred on Monday, October 12th. The stock was sold at an average price of $235.95, for a total transaction of $245,859.90. Following the transaction, the insider directly owned 38,308 shares of the company’s stock, valued at $9,038,772.60. This represents a 2.65% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Friday, October 9th, Adam Geller sold 23,958 shares of Zscaler stock. The shares were sold at an average price of $225.43, for a total transaction of $5,400,851.94.
• On Monday, September 21st, Adam Geller sold 661 shares of Zscaler stock. The shares were sold at an average price of $200.00, for a total transaction of $132,200.00.
• 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 transaction of $880,173.84.
• On Wednesday, September 16th, Adam Geller sold 5,578 shares of Zscaler stock. The stock was sold at an average price of $192.76, for a total transaction of $1,075,215.28.

Zscaler Trading Down 0.2%

Shares of Zscaler stock opened at $220.43 on Friday. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.70 and a quick ratio of 1.70. The firm has a fifty day moving average price of $191.23 and a 200 day moving average price of $159.67. Zscaler, Inc. has a 1 year low of $114.63 and a 1 year high of $336.99. The stock has a market cap of $35.94 billion, a PE ratio of -565.21, a price-to-earnings-growth ratio of 21.22 and a beta of 0.94.

Zscaler (NASDAQ:ZS) last posted its earnings results on Thursday, September 3rd. The company reported $1.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.09 by $0.10. Zscaler had a negative net margin of 1.88% and a positive return on equity of 1.23%. The company had revenue of $898.19 million during the quarter, compared to the consensus estimate of $876.96 million. During the same period in the previous year, the firm posted $0.89 earnings per share. The firm’s quarterly revenue was up 24.9% on a year-over-year basis. 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 research analysts predict that Zscaler, Inc. will post 0.69 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on ZS. Stephens boosted their price objective on Zscaler from $225.00 to $265.00 and gave the company an “overweight” rating in a report on Wednesday, October 7th. Wells Fargo & Company upped their target price on Zscaler from $215.00 to $260.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 7th. Roth Capital reaffirmed a “neutral” rating and set a $170.00 target price on shares of Zscaler in a report on Saturday, September 5th. Canaccord Genuity Group raised their target price on Zscaler from $210.00 to $250.00 and gave the stock a “buy” rating in a report on Wednesday, October 7th. Finally, Citigroup lifted their price target on Zscaler from $245.00 to $260.00 and gave the company a “buy” rating in a research report on Thursday. Thirty-five equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $239.78.

Zscaler News Roundup

Here are the key news stories impacting Zscaler this week:

• Positive Sentiment: Citigroup raised its price target and rating: Citi increased its target for Zscaler from $245 to $260 and upgraded the stock to Buy, implying roughly 18% upside from the referenced price. The firm cited improving cybersecurity-spending momentum. Cybersecurity Stocks Retreat From Record Highs
• Positive Sentiment: Enterprise demand indicators improved: Wells Fargo reported that discussions with channel partners and its reseller survey pointed to stronger cybersecurity spending heading into 2027. Separately, BT International added Zscaler’s security-service-edge offerings to its global-fabric portfolio, potentially expanding distribution and customer reach. BT International Adds Zscaler SSE Options
• Neutral Sentiment: Sector pullback is offsetting company-specific positives: Cybersecurity stocks retreated from recent highs, suggesting investors are taking profits even as analysts become more constructive on spending trends and Zscaler’s long-term growth prospects.
• Negative Sentiment: Investor-relations and legal concerns resurfaced: Pomerantz LLP announced an investigation into potential claims on behalf of Zscaler investors. The announcement does not establish wrongdoing, but litigation-related headlines can weigh on sentiment. Pomerantz Investor Alert
• Negative Sentiment: Insider selling and valuation risks remain overhangs: Chief Product Officer Adam Geller sold approximately $5.65 million of ZS shares through a pre-arranged Rule 10b5-1 plan. Commentary also cautioned that expected fiscal 2027 growth moderation and weak net-new ARR guidance may limit upside after the stock’s substantial rebound. Zscaler Insider Sale

Institutional Trading of Zscaler

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Handelsbanken Fonder AB grew its position in shares of Zscaler by 89.6% during the 2nd quarter. Handelsbanken Fonder AB now owns 60,933 shares of the company’s stock valued at $8,601,000 after acquiring an additional 28,792 shares during the period. Assenagon Asset Management S.A. raised its holdings 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 purchasing an additional 11,941 shares during the period. Bank of America Corp DE raised its holdings in Zscaler by 44.3% in the 1st quarter. Bank of America Corp DE now owns 779,245 shares of the company’s stock worth $109,320,000 after purchasing an additional 239,326 shares during the period. Danica Pension Livsforsikringsaktieselskab acquired a new position in Zscaler in the 2nd quarter worth about $11,232,000. Finally, Amundi raised its holdings in Zscaler by 12.8% in the 2nd quarter. Amundi now owns 1,137,837 shares of the company’s stock worth $160,606,000 after purchasing an additional 129,563 shares during the period. Institutional investors and hedge funds own 46.45% of the company’s stock.

About Zscaler

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

The company’s offerings include Zscaler Internet Access, which helps secure internet and software-as-a-service access, and Zscaler Private Access, which provides controlled access to private applications without extending an organization’s network to remote users.