Zscaler (NASDAQ:ZS) EVP Raj Judge Sells 2,488 Shares

Zscaler, Inc. (NASDAQ:ZSGet Free Report) EVP Raj Judge sold 2,488 shares of Zscaler stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $156.59, for a total transaction of $389,595.92. Following the transaction, the executive vice president owned 67,906 shares of the company’s stock, valued at $10,633,400.54. This represents a 3.53% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Zscaler Trading Down 0.0%

ZS opened at $155.99 on Thursday. Zscaler, Inc. has a fifty-two week low of $140.56 and a fifty-two week high of $336.99. The firm has a market capitalization of $25.08 billion, a PE ratio of -371.40 and a beta of 1.07. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.90 and a quick ratio of 1.90. The company’s 50-day moving average is $180.47 and its 200 day moving average is $244.35.

Zscaler (NASDAQ:ZSGet Free Report) last released its quarterly earnings results on Thursday, February 26th. The company reported $1.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.89 by $0.12. The business had revenue of $815.75 million during the quarter, compared to the consensus estimate of $798.92 million. Zscaler had a positive return on equity of 0.06% and a negative net margin of 2.25%.The company’s quarterly revenue was up 25.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.78 EPS. Zscaler has set its Q3 2026 guidance at 1.000-1.010 EPS and its FY 2026 guidance at 3.990-4.020 EPS. As a group, research analysts predict that Zscaler, Inc. will post -0.1 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Zscaler

A number of institutional investors have recently made changes to their positions in the stock. Westpac Banking Corp grew its position in Zscaler by 919.0% during the 3rd quarter. Westpac Banking Corp now owns 9,986 shares of the company’s stock worth $2,992,000 after acquiring an additional 9,006 shares during the last quarter. Korea Investment CORP increased its stake in shares of Zscaler by 24.0% in the third quarter. Korea Investment CORP now owns 98,370 shares of the company’s stock worth $29,478,000 after buying an additional 19,026 shares during the period. VestGen Advisors LLC bought a new stake in Zscaler during the 2nd quarter valued at $1,592,000. Mackenzie Financial Corp raised its holdings in Zscaler by 133.6% during the 2nd quarter. Mackenzie Financial Corp now owns 14,780 shares of the company’s stock valued at $4,640,000 after buying an additional 8,454 shares during the last quarter. Finally, Schroder Investment Management Group boosted its holdings in shares of Zscaler by 11.5% during the second quarter. Schroder Investment Management Group now owns 164,061 shares of the company’s stock worth $51,505,000 after purchasing an additional 16,868 shares during the period. Institutional investors own 46.45% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on ZS shares. Sanford C. Bernstein upgraded Zscaler from a “market perform” rating to an “outperform” rating and set a $228.00 target price on the stock in a research note on Friday, February 13th. UBS Group lowered their price target on shares of Zscaler from $350.00 to $340.00 and set a “buy” rating on the stock in a report on Wednesday, November 26th. Piper Sandler dropped their price objective on Zscaler from $260.00 to $185.00 and set a “neutral” rating on the stock in a research note on Friday, February 27th. Stifel Nicolaus lowered their price objective on Zscaler from $330.00 to $320.00 and set a “buy” rating on the stock in a research note on Wednesday, November 26th. Finally, BMO Capital Markets cut their target price on shares of Zscaler from $315.00 to $210.00 and set an “outperform” rating for the company in a research report on Friday, February 27th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Zscaler has a consensus rating of “Moderate Buy” and a consensus price target of $267.13.

Check Out Our Latest Research Report on Zscaler

Key Headlines Impacting Zscaler

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Zscaler Company Profile

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for Zscaler (NASDAQ:ZS)

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