Insider Selling: Zscaler (NASDAQ:ZS) Insider Sells $18,300.00 in Stock

Zscaler, Inc. (NASDAQ:ZS) insider Robert Schlossman sold 122 shares of Zscaler stock in a transaction dated Monday, July 6th. The stock was sold at an average price of $150.00, for a total value of $18,300.00. Following the completion of the transaction, the insider directly owned 69,244 shares of the company’s stock, valued at approximately $10,386,600. This trade represents a 0.18% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Robert Schlossman also recently made the following trade(s):

• On Tuesday, June 16th, Robert Schlossman sold 3,146 shares of Zscaler stock. The shares were sold at an average price of $126.43, for a total value of $397,748.78.

Zscaler Stock Up 2.5%

Shares of Zscaler stock opened at $147.12 on Friday. The stock’s 50-day moving average is $143.30 and its 200 day moving average is $162.71. Zscaler, Inc. has a one year low of $114.63 and a one year high of $336.99. The firm has a market cap of $23.79 billion, a price-to-earnings ratio of -306.49, a PEG ratio of 82.26 and a beta of 0.96. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.86 and a quick ratio of 1.86.

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

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on ZS. Deutsche Bank Aktiengesellschaft cut their target price on shares of Zscaler from $185.00 to $175.00 and set a “buy” rating on the stock in a research note on Wednesday, May 27th. Wells Fargo & Company decreased their price target on shares of Zscaler from $210.00 to $180.00 and set an “overweight” rating for the company in a research note on Thursday, May 28th. Sanford C. Bernstein dropped their price objective on shares of Zscaler from $228.00 to $224.00 and set an “outperform” rating on the stock in a report on Wednesday, May 27th. UBS Group dropped their price objective on shares of Zscaler from $260.00 to $225.00 and set a “buy” rating on the stock in a report on Wednesday, May 27th. Finally, Needham & Company LLC reissued a “buy” rating and set a $180.00 price objective on shares of Zscaler in a research report on Wednesday, June 10th. Thirty-four equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $213.97.

Hedge Funds Weigh In On Zscaler

Several institutional investors have recently modified their holdings of the business. Binnacle Investments Inc bought a new stake in Zscaler during the third quarter worth $25,000. AlphaCentric Advisors LLC bought a new position in Zscaler in the 4th quarter valued at $29,000. Picton Mahoney Asset Management bought a new position in Zscaler in the 3rd quarter valued at $30,000. University of Texas Texas AM Investment Management Co. purchased a new stake in shares of Zscaler during the 4th quarter valued at $30,000. Finally, Mcguire Capital Advisors Inc. purchased a new stake in shares of Zscaler during the 4th quarter valued at $32,000. 46.45% of the stock is owned by institutional investors.

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.