Zscaler (NASDAQ:ZS) Insider Sells $3,141,875.10 in Stock

Zscaler, Inc. (NASDAQ:ZS) insider Adam Geller sold 11,193 shares of the stock in a transaction on Tuesday, September 16th. The shares were sold at an average price of $280.70, for a total value of $3,141,875.10. Following the completion of the transaction, the insider owned 53,942 shares of the company’s stock, valued at $15,141,519.40. The trade was a 17.18% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

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

• On Wednesday, September 17th, Adam Geller sold 10,464 shares of Zscaler stock. The stock was sold at an average price of $284.25, for a total value of $2,974,392.00.

Zscaler Stock Performance

ZS stock opened at $294.27 on Friday. The stock has a 50-day moving average price of $280.39 and a 200-day moving average price of $256.87. Zscaler, Inc. has a 1-year low of $164.78 and a 1-year high of $318.46. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.95. The firm has a market cap of $46.58 billion, a PE ratio of -1,089.89 and a beta of 1.05.

Zscaler (NASDAQ:ZS) last posted its quarterly earnings data on Tuesday, September 2nd. The company reported $0.89 earnings per share for the quarter, topping the consensus estimate of $0.80 by $0.09. Zscaler had a negative return on equity of 0.47% and a negative net margin of 1.55%.The firm had revenue of $719.23 million during the quarter, compared to analyst estimates of $707.15 million. During the same period last year, the company posted $0.88 EPS. The business’s quarterly revenue was up 21.3% on a year-over-year basis. Zscaler has set its FY 2026 guidance at 3.640-3.680 EPS. Q1 2026 guidance at 0.850-0.860 EPS. As a group, equities research analysts expect that Zscaler, Inc. will post -0.1 earnings per share for the current year.

Analysts Set New Price Targets

A number of brokerages recently commented on ZS. Morgan Stanley raised Zscaler from an “equal weight” rating to an “overweight” rating and boosted their target price for the company from $280.00 to $320.00 in a research report on Tuesday, September 2nd. Oppenheimer boosted their target price on Zscaler from $290.00 to $345.00 and gave the stock an “outperform” rating in a research note on Friday, June 6th. Loop Capital boosted their target price on Zscaler from $250.00 to $260.00 and gave the stock a “hold” rating in a research note on Friday, May 30th. Bank of America upped their price objective on Zscaler from $285.00 to $340.00 and gave the company a “buy” rating in a research note on Monday, June 9th. Finally, Wedbush reiterated an “outperform” rating and issued a $330.00 price target on shares of Zscaler in a research report on Wednesday, September 3rd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $307.00.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. increased its holdings in shares of Zscaler by 8.3% in the second quarter. Vanguard Group Inc. now owns 10,715,132 shares of the company’s stock worth $3,363,909,000 after purchasing an additional 824,626 shares during the period. Goldman Sachs Group Inc. increased its holdings in shares of Zscaler by 23.4% in the first quarter. Goldman Sachs Group Inc. now owns 3,048,238 shares of the company’s stock worth $604,831,000 after purchasing an additional 578,883 shares during the period. T. Rowe Price Investment Management Inc. bought a new position in shares of Zscaler in the first quarter worth $516,622,000. Geode Capital Management LLC increased its holdings in shares of Zscaler by 6.0% in the second quarter. Geode Capital Management LLC now owns 1,866,329 shares of the company’s stock worth $584,160,000 after purchasing an additional 105,318 shares during the period. Finally, AQR Capital Management LLC increased its holdings in shares of Zscaler by 0.7% in the second quarter. AQR Capital Management LLC now owns 1,199,815 shares of the company’s stock worth $371,823,000 after purchasing an additional 7,885 shares during the period. Institutional investors own 46.45% of the company’s stock.

Zscaler Company Profile

Zscaler, Inc operates as a cloud security company worldwide. The company offers Zscaler Internet Access solution that provides users, workloads, IoT, and OT devices secure access to externally managed applications, including software-as-a-service (SaaS) applications and internet destinations; and Zscaler Private Access solution, which is designed to provide access to managed applications hosted internally in data centers, and private or public clouds.