Zscaler (NASDAQ:ZS) Insider Sells $397,748.78 in Stock

Zscaler, Inc. (NASDAQ:ZS) insider Robert Schlossman sold 3,146 shares of the business’s stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $126.43, for a total transaction of $397,748.78. Following the sale, the insider directly owned 69,366 shares of the company’s stock, valued at approximately $8,769,943.38. This represents a 4.34% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Zscaler Stock Performance

Shares of NASDAQ ZS opened at $124.85 on Friday. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.72. The firm’s 50-day moving average price is $141.25 and its two-hundred day moving average price is $172.99. Zscaler, Inc. has a 52-week low of $114.63 and a 52-week high of $336.99. The stock has a market capitalization of $20.19 billion, a P/E ratio of -260.10, a P/E/G ratio of 78.06 and a beta of 0.97.

Zscaler (NASDAQ:ZS) last posted its earnings results on Tuesday, May 26th. The company reported $1.08 EPS for the quarter, beating the consensus estimate of $1.01 by $0.07. The company had revenue of $850.48 million during 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 business’s revenue was up 25.4% compared to the same quarter last year. During the same period in the prior year, the company 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. As a group, sell-side analysts forecast that Zscaler, Inc. will post 0.11 earnings per share for the current year.

Analysts Set New Price Targets

ZS has been the topic of a number of recent research reports. Barclays cut their target price on Zscaler from $180.00 to $170.00 and set an “overweight” rating on the stock in a research note on Wednesday, May 27th. Citizens Jmp lowered their price target on shares of Zscaler from $290.00 to $210.00 and set a “market outperform” rating for the company in a research report on Friday, May 1st. JPMorgan Chase & Co. cut their price objective on shares of Zscaler from $250.00 to $205.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 27th. Berenberg Bank set a $200.00 target price on shares of Zscaler in a research note on Thursday, May 28th. Finally, Wedbush restated an “outperform” rating and issued a $220.00 target price on shares of Zscaler in a research report on Wednesday, June 10th. Thirty-four investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $214.33.

Institutional Investors Weigh In On Zscaler

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Binnacle Investments Inc bought a new stake in shares of Zscaler in the 3rd quarter worth approximately $25,000. AlphaCentric Advisors LLC bought a new stake in Zscaler during the fourth quarter worth approximately $29,000. Picton Mahoney Asset Management acquired a new position in Zscaler in the third quarter worth approximately $30,000. University of Texas Texas AM Investment Management Co. acquired a new position in Zscaler in the fourth quarter worth approximately $30,000. Finally, Mcguire Capital Advisors Inc. bought a new position in shares of Zscaler in the fourth quarter valued at $32,000. 46.45% of the stock is currently 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.