Zscaler (NASDAQ:ZS) EVP Sells $793,559.16 in Stock

Zscaler, Inc. (NASDAQ:ZS) EVP Raj Judge sold 3,438 shares of the business’s stock in a transaction on Tuesday, December 16th. The stock was sold at an average price of $230.82, for a total transaction of $793,559.16. Following the completion of the transaction, the executive vice president owned 70,394 shares in the company, valued at $16,248,343.08. This represents a 4.66% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Zscaler Stock Down 2.7%

NASDAQ:ZS traded down $6.35 on Wednesday, reaching $226.43. The stock had a trading volume of 1,723,437 shares, compared to its average volume of 2,011,386. The company has a 50-day moving average of $290.17 and a 200 day moving average of $290.51. The company has a current ratio of 1.82, a quick ratio of 1.82 and a debt-to-equity ratio of 0.86. The stock has a market cap of $36.11 billion, a P/E ratio of -870.85 and a beta of 1.07. Zscaler, Inc. has a 12-month low of $164.78 and a 12-month high of $336.99.

Zscaler (NASDAQ:ZS) last released its quarterly earnings results on Tuesday, November 25th. The company reported $0.96 EPS for the quarter, topping the consensus estimate of $0.85 by $0.11. The business had revenue of $788.11 million for the quarter, compared to analysts’ expectations of $773.86 million. Zscaler had a negative return on equity of 0.12% and a negative net margin of 1.45%.The company’s revenue was up 25.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.77 earnings per share. Zscaler has set its FY 2026 guidance at 3.780-3.820 EPS and its Q2 2026 guidance at 0.890-0.900 EPS. On average, research analysts predict that Zscaler, Inc. will post -0.1 earnings per share for the current year.

Hedge Funds Weigh In On Zscaler

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Binnacle Investments Inc acquired a new stake in shares of Zscaler during the 3rd quarter worth approximately $25,000. Tradewinds Capital Management LLC grew its stake in Zscaler by 145.7% during the 3rd quarter. Tradewinds Capital Management LLC now owns 86 shares of the company’s stock worth $26,000 after buying an additional 51 shares during the last quarter. Root Financial Partners LLC acquired a new stake in Zscaler in the third quarter worth $26,000. McIlrath & Eck LLC acquired a new stake in Zscaler in the third quarter worth $29,000. Finally, Quaker Wealth Management LLC lifted its stake in Zscaler by 200.0% in the second quarter. Quaker Wealth Management LLC now owns 97 shares of the company’s stock valued at $30,000 after buying an additional 194 shares during the last quarter. 46.45% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms have recently commented on ZS. Morgan Stanley increased their target price on Zscaler from $320.00 to $335.00 and gave the company an “overweight” rating in a research note on Thursday, November 13th. Macquarie began coverage on shares of Zscaler in a research note on Friday, October 31st. They set an “outperform” rating and a $390.00 price objective on the stock. Royal Bank Of Canada boosted their target price on shares of Zscaler from $350.00 to $366.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 12th. Needham & Company LLC reduced their price target on shares of Zscaler from $350.00 to $310.00 and set a “buy” rating on the stock in a research report on Wednesday, November 26th. Finally, JPMorgan Chase & Co. boosted their price objective on Zscaler from $351.00 to $354.00 and gave the company an “overweight” rating in a report on Wednesday, November 26th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $323.45.

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.