Zscaler (NASDAQ:ZS) Insider Adam Geller Sells 2,817 Shares of Stock

Zscaler, Inc. (NASDAQ:ZS) insider Adam Geller sold 2,817 shares of the business’s stock in a transaction that occurred on Monday, June 22nd. The stock was sold at an average price of $122.60, for a total value of $345,364.20. Following the transaction, the insider directly owned 42,314 shares in the company, valued at $5,187,696.40. This trade represents a 6.24% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Adam Geller also recently made the following trade(s):

• On Tuesday, June 16th, Adam Geller sold 1,940 shares of Zscaler stock. The shares were sold at an average price of $126.43, for a total value of $245,274.20.

Zscaler Price Performance

NASDAQ:ZS opened at $126.17 on Wednesday. Zscaler, Inc. has a 1-year low of $114.63 and a 1-year high of $336.99. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.72. The firm has a fifty day simple moving average of $141.45 and a 200 day simple moving average of $170.84. The stock has a market capitalization of $20.40 billion, a PE ratio of -262.85, a P/E/G ratio of 77.57 and a beta of 0.97.

Zscaler (NASDAQ:ZS) last posted its quarterly earnings results on Tuesday, May 26th. The company reported $1.08 earnings per share (EPS) for the quarter, topping 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 net margin of 2.44% and a negative return on equity of 0.37%. The company’s quarterly revenue was up 25.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $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. On average, research analysts expect that Zscaler, Inc. will post 0.11 EPS for the current fiscal year.

Hedge Funds Weigh In On Zscaler

Institutional investors and hedge funds have recently made changes to their positions in the company. Goldstream Capital Management Ltd raised its stake in Zscaler by 0.3% in the third quarter. Goldstream Capital Management Ltd now owns 12,450 shares of the company’s stock worth $3,731,000 after buying an additional 34 shares in the last quarter. Kentucky Retirement Systems Insurance Trust Fund boosted its position in Zscaler by 1.4% during the 3rd quarter. Kentucky Retirement Systems Insurance Trust Fund now owns 2,569 shares of the company’s stock valued at $770,000 after acquiring an additional 36 shares in the last quarter. Advisor OS LLC boosted its position in Zscaler by 4.6% during the 3rd quarter. Advisor OS LLC now owns 879 shares of the company’s stock valued at $263,000 after acquiring an additional 39 shares in the last quarter. Parallel Advisors LLC grew its holdings in shares of Zscaler by 10.9% during the 3rd quarter. Parallel Advisors LLC now owns 397 shares of the company’s stock worth $119,000 after acquiring an additional 39 shares during the period. Finally, Smartleaf Asset Management LLC grew its holdings in shares of Zscaler by 7.5% during the 2nd quarter. Smartleaf Asset Management LLC now owns 648 shares of the company’s stock worth $204,000 after acquiring an additional 45 shares during the period. Institutional investors and hedge funds own 46.45% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently commented on ZS shares. UBS Group reduced their price target on Zscaler from $260.00 to $225.00 and set a “buy” rating for the company in a report on Wednesday, May 27th. HC Wainwright raised Zscaler from a “buy” rating to a “buy” rating in a research report on Monday, May 18th. Deutsche Bank Aktiengesellschaft reduced their target price on Zscaler from $185.00 to $175.00 and set a “buy” rating for the company in a research note on Wednesday, May 27th. Wells Fargo & Company decreased their target price on Zscaler from $210.00 to $180.00 and set an “overweight” rating on the stock in a report on Thursday, May 28th. Finally, Mizuho dropped their price target on Zscaler from $210.00 to $185.00 and set an “outperform” rating on the stock in a research note on Wednesday, May 27th. Thirty-four research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $214.33.

Key Headlines Impacting Zscaler

Here are the key news stories impacting Zscaler this week:

• Positive Sentiment: Analysts and recent coverage point to stronger Z-Flex bookings, with accelerating customer spending, platform adoption, and improving visibility from rising TCV, ARR, and RPO. Will the Momentum in Z-Flex Booking Fuel More Growth for Zscaler?
• Positive Sentiment: Zscaler was described as a trending stock, and another report said the company landed a major healthcare win, which could help expand its profile and sales momentum. Zscaler (ZS) Lands A Major Healthcare Win As Index Additions Raise Its Profile
• Positive Sentiment: Comparative coverage framed Zscaler as having an edge over CrowdStrike due to expanding platform adoption and a lower valuation, which may support investor interest in the cybersecurity name. CrowdStrike vs. Zscaler: Which Cybersecurity Stock Has an Edge?
• Neutral Sentiment: Market commentary notes Zscaler is one of the most watched stocks on Zacks, which may reflect heightened attention but does not by itself change fundamentals. Here is What to Know Beyond Why Zscaler, Inc. (ZS) is a Trending Stock
• Neutral Sentiment: Insider Adam Geller sold shares under a pre-arranged 10b5-1 plan; while routine, insider selling can still weigh on sentiment. SEC Form 4 Filing
• Negative Sentiment: Pomerantz LLP said it is investigating claims on behalf of Zscaler investors, which could add legal overhang and pressure the stock. INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Zscaler, Inc. – ZS

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.