Zscaler (NASDAQ:ZS) CFO Kevin Rubin Sells 503 Shares of Stock

Zscaler, Inc. (NASDAQ:ZS) CFO Kevin Rubin sold 503 shares of Zscaler stock in a transaction that occurred on Tuesday, August 25th. The stock was sold at an average price of $173.38, for a total value of $87,210.14. Following the completion of the sale, the chief financial officer directly owned 40,895 shares in the company, valued at approximately $7,090,375.10. The trade was a 1.22% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Kevin Rubin also recently made the following trade(s):

• On Monday, July 27th, Kevin Rubin sold 503 shares of Zscaler stock. The shares were sold at an average price of $147.12, for a total value of $74,001.36.
• On Thursday, June 25th, Kevin Rubin sold 3,000 shares of Zscaler stock. The shares were sold at an average price of $124.22, for a total value of $372,660.00.
• On Tuesday, June 16th, Kevin Rubin sold 1,686 shares of Zscaler stock. The stock was sold at an average price of $126.43, for a total transaction of $213,160.98.

Zscaler Stock Up 1.1%

Shares of NASDAQ ZS opened at $170.31 on Thursday. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.72. Zscaler, Inc. has a 12-month low of $114.63 and a 12-month high of $336.99. The firm’s 50-day moving average price is $153.75 and its 200-day moving average price is $149.99. The stock has a market capitalization of $27.54 billion, a price-to-earnings ratio of -354.81, a P/E/G ratio of 99.13 and a beta of 0.94.

Zscaler (NASDAQ:ZS) last issued its quarterly earnings data on Tuesday, May 26th. The company reported $1.08 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.07. The company had revenue of $850.48 million for the quarter, compared to analysts’ expectations of $835.14 million. Zscaler had a negative return on equity of 0.37% and a negative net margin of 2.44%.The firm’s revenue for the quarter was up 25.4% on a year-over-year basis. During the same period in the previous year, the firm posted $0.84 earnings per share. On average, equities research analysts anticipate that Zscaler, Inc. will post 0.13 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts have commented on ZS shares. FBN Securities reaffirmed an “outperform” rating and set a $175.00 price objective on shares of Zscaler in a research note on Wednesday, May 27th. Berenberg Bank set a $200.00 target price on shares of Zscaler in a research note on Thursday, May 28th. Wolfe Research restated an “outperform” rating and issued a $150.00 target price on shares of Zscaler in a report on Thursday, June 11th. Canaccord Genuity Group reaffirmed a “buy” rating and set a $210.00 price target on shares of Zscaler in a research note on Thursday, June 11th. Finally, Wedbush reiterated an “outperform” rating and set a $220.00 price target on shares of Zscaler in a report on Wednesday, June 10th. Thirty-four investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $216.18.

Institutional Trading of Zscaler

Several institutional investors and hedge funds have recently made changes to their positions in the business. Binnacle Investments Inc bought a new position in shares of Zscaler in the third quarter worth about $25,000. AlphaCentric Advisors LLC bought a new stake in Zscaler during the 4th quarter valued at about $29,000. University of Texas Texas AM Investment Management Co. purchased a new stake in Zscaler in the 4th quarter valued at about $30,000. POM Investment Strategies LLC grew its stake in Zscaler by 92.9% in the 2nd quarter. POM Investment Strategies LLC now owns 218 shares of the company’s stock worth $31,000 after acquiring an additional 105 shares in the last quarter. Finally, Mcguire Capital Advisors Inc. bought a new position in Zscaler in the 4th quarter worth about $32,000. 46.45% of the stock is currently owned by institutional investors.

Key Headlines Impacting Zscaler

Here are the key news stories impacting Zscaler this week:

• Positive Sentiment: JPMorgan raised its price target on Zscaler (ZS) from $205 to $215 and maintained an “overweight” rating, signaling confidence in the company’s growth outlook and providing a favorable catalyst for the stock. JPMorgan raises Zscaler price target
• Positive Sentiment: Guggenheim reaffirmed its “buy” rating on Zscaler, adding to the constructive analyst sentiment surrounding the cybersecurity software provider ahead of earnings. Guggenheim reaffirms buy rating
• Positive Sentiment: Zscaler participated in Deep Cogito’s $43 million Series A financing. The investment gives Zscaler exposure to a startup developing self-improving AI models and may support its broader positioning in enterprise artificial intelligence, although the deal is unlikely to materially affect near-term financial results. Deep Cogito raises Series A
• Neutral Sentiment: Recent coverage noted that ZS outperformed the broader market during the latest session, while its previous quarter included an earnings and revenue beat. Investors are now focused on whether that momentum continued into the upcoming report. Zscaler market performance analysis
• Negative Sentiment: Evercore added Zscaler to its tactical “underperform” list ahead of the results, highlighting downside risk if expectations for cybersecurity and AI-driven growth prove too aggressive. Analyst opinions on ZS remain mixed. Evercore adds Zscaler to underperform list
• Negative Sentiment: CFO Kevin Rubin sold 503 shares under a pre-arranged Rule 10b5-1 trading plan. The relatively small transaction reduced his holdings by about 1.2%, so it is a modest sentiment concern rather than a strong indication of weakening fundamentals. Zscaler CFO stock sale

Zscaler Company Profile

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.