Robert Schlossman Sells 122 Shares of Zscaler (NASDAQ:ZS) Stock

Zscaler, Inc. (NASDAQ:ZS) insider Robert Schlossman sold 122 shares of the firm’s stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $150.00, for a total value of $18,300.00. Following the completion of the transaction, the insider owned 69,244 shares of the company’s stock, valued at $10,386,600. The trade was a 0.18% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Tuesday, June 16th, Robert Schlossman sold 3,146 shares of Zscaler stock. The stock was sold at an average price of $126.43, for a total value of $397,748.78.

Zscaler Stock Down 0.6%

NASDAQ ZS traded down $0.92 during trading hours on Tuesday, hitting $149.50. 2,796,042 shares of the company traded hands, compared to its average volume of 3,645,547. The business’s 50-day moving average is $142.61 and its 200-day moving average is $164.47. Zscaler, Inc. has a twelve month low of $114.63 and a twelve month high of $336.99. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.86 and a current ratio of 1.86. The stock has a market capitalization of $24.18 billion, a price-to-earnings ratio of -311.45, a P/E/G ratio of 92.12 and a beta of 0.96.

Zscaler (NASDAQ:ZS) last posted its quarterly earnings results 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. Zscaler had a negative return on equity of 0.37% and a negative net margin of 2.44%.The firm had revenue of $850.48 million for the quarter, compared to analyst estimates of $835.14 million. During the same quarter in the previous year, the firm earned $0.84 EPS. The business’s quarterly revenue was up 25.4% on a year-over-year basis. Zscaler has set its Q4 2026 guidance at 1.080-1.090 EPS and its FY 2026 guidance at 4.100-4.110 EPS. Sell-side analysts anticipate that Zscaler, Inc. will post 0.11 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. UBS Group dropped their price target on Zscaler from $260.00 to $225.00 and set a “buy” rating on the stock 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 research report on Thursday, May 28th. Berenberg Bank set a $200.00 target price on Zscaler in a research note on Thursday, May 28th. Piper Sandler dropped their price target on Zscaler from $185.00 to $160.00 and set a “neutral” rating for the company in a report on Wednesday, May 27th. Finally, B. Riley Financial reduced their price target on Zscaler from $225.00 to $215.00 and set a “buy” rating for the company in a research note on Wednesday, May 27th. Thirty-four equities research 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’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $213.97.

Institutional Investors Weigh In On Zscaler

A number of large investors have recently added to or reduced their stakes in the stock. Groupama Asset Managment increased its stake in Zscaler by 76,352.6% during the 3rd quarter. Groupama Asset Managment now owns 4,750,000 shares of the company’s stock worth $1,423,385,000 after acquiring an additional 4,743,787 shares during the period. First Trust Advisors LP lifted its position in shares of Zscaler by 36.2% during the 1st quarter. First Trust Advisors LP now owns 3,518,678 shares of the company’s stock valued at $493,635,000 after acquiring an additional 935,781 shares during the period. Price T Rowe Associates Inc. MD grew its holdings in shares of Zscaler by 43.3% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 2,572,358 shares of the company’s stock worth $578,576,000 after purchasing an additional 777,414 shares in the last quarter. AQR Capital Management LLC increased its position in shares of Zscaler by 61.8% in the third quarter. AQR Capital Management LLC now owns 1,941,571 shares of the company’s stock worth $576,083,000 after purchasing an additional 741,756 shares during the period. Finally, Pictet Asset Management Holding SA increased its position in shares of Zscaler by 52.5% in the first quarter. Pictet Asset Management Holding SA now owns 1,920,540 shares of the company’s stock worth $269,285,000 after purchasing an additional 661,413 shares during the period. Institutional investors and hedge funds own 46.45% of the company’s stock.

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.