Robert Schlossman Sells 2,325 Shares of Zscaler (NASDAQ:ZS) Stock

Zscaler, Inc. (NASDAQ:ZS) insider Robert Schlossman sold 2,325 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 $448,167.00. Following the completion of the transaction, the insider owned 66,919 shares in the company, valued at $12,899,306.44. The trade was a 3.36% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

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

• On Monday, July 6th, Robert Schlossman sold 122 shares of Zscaler stock. The stock was sold at an average price of $150.00, for a total value of $18,300.00.

Zscaler Trading Down 0.1%

Shares of ZS opened at $197.31 on Friday. The company has a quick ratio of 1.70, a current ratio of 1.70 and a debt-to-equity ratio of 0.65. 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 $32.17 billion, a PE ratio of -505.92, a price-to-earnings-growth ratio of 23.76 and a beta of 0.95. The stock’s fifty day simple moving average is $168.22 and its 200-day simple moving average is $151.82.

Zscaler (NASDAQ:ZS) last announced its quarterly earnings data on Thursday, September 3rd. The company reported $1.19 EPS for the quarter, topping analysts’ consensus estimates of $1.09 by $0.10. The firm 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%.The company’s revenue was up 24.9% on a year-over-year basis. During the same period last year, the company earned $0.89 earnings per share. Zscaler has set its FY 2027 guidance at 4.860-4.900 EPS and its Q1 2027 guidance at 1.150-1.160 EPS. As a group, research analysts predict that Zscaler, Inc. will post 0.61 earnings per share for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. WINTON GROUP Ltd increased its stake in Zscaler by 56.5% in the second quarter. WINTON GROUP Ltd now owns 4,890 shares of the company’s stock valued at $690,000 after purchasing an additional 1,765 shares in the last quarter. NewEdge Advisors LLC increased its position in shares of Zscaler by 7.8% in the 2nd quarter. NewEdge Advisors LLC now owns 4,626 shares of the company’s stock valued at $653,000 after buying an additional 336 shares in the last quarter. Hudock Inc. acquired a new stake in Zscaler during the 2nd quarter worth $311,000. Allworth Financial LP lifted its holdings in Zscaler by 7.7% during the second quarter. Allworth Financial LP now owns 3,578 shares of the company’s stock worth $505,000 after acquiring an additional 256 shares in the last quarter. Finally, Arizona State Retirement System lifted its holdings in Zscaler by 6.4% during the second quarter. Arizona State Retirement System now owns 29,965 shares of the company’s stock worth $4,230,000 after acquiring an additional 1,799 shares in the last quarter. Institutional investors own 46.45% of the company’s stock.

Key Stories Impacting Zscaler

Here are the key news stories impacting Zscaler this week:

• Positive Sentiment: CEO Jagtar Chaudhry discussed AI safety and the importance of human ingenuity, keeping attention on Zscaler’s opportunity to expand into “Security for AI” and data-security solutions. These newer offerings could broaden the company’s long-term growth beyond its traditional seat-based business. Zscaler CEO on AI safety
• Positive Sentiment: Wall Street remains broadly constructive: Zscaler carries a reported “Moderate Buy” consensus rating, with 34 Buy, six Hold and two Sell ratings. The average price target of $218.38 suggests potential upside from recent trading levels, although targets vary considerably.
• Neutral Sentiment: Director James Beer sold 177 shares for approximately $34,000 under a pre-arranged Rule 10b5-1 plan. The relatively small transaction and planned nature make it a limited signal about management’s view of Zscaler’s valuation. Zscaler director share sale
• Neutral Sentiment: CEO Jagtar Chaudhry, CFO Kevin Rubin and insiders Adam Geller and Robert Schlossman also sold shares. The sales were primarily made under pre-arranged plans or to cover tax withholding on vested equity awards, reducing—but not eliminating—their bearish significance.
• Negative Sentiment: Investors remain sensitive to the possibility that slowing annual recurring-revenue growth could pressure Zscaler’s premium valuation, even as revenue, platform adoption and newer security products continue to expand.

Analyst Ratings Changes

A number of research firms recently weighed in on ZS. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Zscaler in a research note on Friday, September 4th. Sanford C. Bernstein raised their price objective on shares of Zscaler from $224.00 to $298.00 and gave the company an “outperform” rating in a research note on Thursday. Canaccord Genuity Group reaffirmed a “buy” rating and set a $210.00 target price on shares of Zscaler in a report on Friday, September 4th. UBS Group dropped their target price on shares of Zscaler from $260.00 to $225.00 and set a “buy” rating for the company in a research report on Wednesday, May 27th. Finally, Zacks Research downgraded Zscaler from a “hold” rating to a “strong sell” rating in a research note on Thursday, September 3rd. Thirty-four research analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $218.38.

About Zscaler

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.