James Beer Sells 177 Shares of Zscaler (NASDAQ:ZS) Stock

Zscaler, Inc. (NASDAQ:ZSGet Free Report) Director James Beer sold 177 shares of the business’s stock in a transaction on Thursday, September 17th. The stock was sold at an average price of $192.01, for a total transaction of $33,985.77. Following the completion of the sale, the director owned 4,030 shares in the company, valued at approximately $773,800.30. The trade was a 4.21% decrease in their position. The sale was disclosed in a 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.

Zscaler Trading Down 0.1%

Shares of Zscaler stock opened at $197.31 on Friday. The firm has a market cap of $32.17 billion, a price-to-earnings ratio of -505.92, a PEG ratio of 23.76 and a beta of 0.95. The business has a 50-day moving average price of $168.22 and a 200-day moving average price of $151.82. The company has a quick ratio of 1.70, a current ratio of 1.70 and a debt-to-equity ratio of 0.65. Zscaler, Inc. has a twelve month low of $114.63 and a twelve month high of $336.99.

Zscaler (NASDAQ:ZSGet Free Report) last posted its earnings results on Thursday, September 3rd. The company reported $1.19 EPS for the quarter, topping analysts’ consensus estimates of $1.09 by $0.10. Zscaler had a positive return on equity of 1.23% and a negative net margin of 1.88%.The company had revenue of $898.19 million for the quarter, compared to the consensus estimate of $876.96 million. During the same period in the previous year, the business earned $0.89 earnings per share. The firm’s revenue for the quarter was up 24.9% on a year-over-year basis. Zscaler has set its FY 2027 guidance at 4.860-4.900 EPS and its Q1 2027 guidance at 1.150-1.160 EPS. Equities research analysts anticipate that Zscaler, Inc. will post 0.61 EPS for the current fiscal year.

Trending Headlines about Zscaler

Here are the key news stories impacting Zscaler this week:

  • Positive Sentiment: CEO Jagtar Chaudhry discussed AI safety and the importance of human ingenuity, keeping attention on Zscaler’s opportunity to expand into “Security for AI” and data-security solutions. These newer offerings could broaden the company’s long-term growth beyond its traditional seat-based business. Zscaler CEO on AI safety
  • Positive Sentiment: Wall Street remains broadly constructive: Zscaler carries a reported “Moderate Buy” consensus rating, with 34 Buy, six Hold and two Sell ratings. The average price target of $218.38 suggests potential upside from recent trading levels, although targets vary considerably.
  • Neutral Sentiment: Director James Beer sold 177 shares for approximately $34,000 under a pre-arranged Rule 10b5-1 plan. The relatively small transaction and planned nature make it a limited signal about management’s view of Zscaler’s valuation. Zscaler director share sale
  • Neutral Sentiment: CEO Jagtar Chaudhry, CFO Kevin Rubin and insiders Adam Geller and Robert Schlossman also sold shares. The sales were primarily made under pre-arranged plans or to cover tax withholding on vested equity awards, reducing—but not eliminating—their bearish significance.
  • Negative Sentiment: Investors remain sensitive to the possibility that slowing annual recurring-revenue growth could pressure Zscaler’s premium valuation, even as revenue, platform adoption and newer security products continue to expand.

Institutional Investors Weigh In On Zscaler

Several hedge funds and other institutional investors have recently made changes to their positions in the company. WINTON GROUP Ltd raised its position in Zscaler by 56.5% in the 2nd quarter. WINTON GROUP Ltd now owns 4,890 shares of the company’s stock worth $690,000 after purchasing an additional 1,765 shares during the period. NewEdge Advisors LLC boosted its position in shares of Zscaler by 7.8% during the second quarter. NewEdge Advisors LLC now owns 4,626 shares of the company’s stock valued at $653,000 after buying an additional 336 shares during the period. Hudock Inc. bought a new position in shares of Zscaler during the second quarter valued at approximately $311,000. Allworth Financial LP grew its stake in shares of Zscaler by 7.7% during the second quarter. Allworth Financial LP now owns 3,578 shares of the company’s stock valued at $505,000 after buying an additional 256 shares during the last quarter. Finally, Arizona State Retirement System grew its stake in shares of Zscaler by 6.4% during the second quarter. Arizona State Retirement System now owns 29,965 shares of the company’s stock valued at $4,230,000 after buying an additional 1,799 shares during the last quarter. Hedge funds and other institutional investors own 46.45% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on ZS. Zacks Research lowered shares of Zscaler from a “hold” rating to a “strong sell” rating in a report on Thursday, September 3rd. BTIG Research reaffirmed a “neutral” rating on shares of Zscaler in a research note on Friday, September 4th. The Goldman Sachs Group reiterated a “neutral” rating and set a $179.00 price objective on shares of Zscaler in a research report on Wednesday, May 27th. Guggenheim reissued a “buy” rating and issued a $214.00 price objective on shares of Zscaler in a research note on Friday, September 4th. Finally, Wells Fargo & Company upped their target price on shares of Zscaler from $210.00 to $215.00 and gave the company an “overweight” rating in a research report on Friday, September 4th. Thirty-four equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, Zscaler presently has an average rating of “Moderate Buy” and a consensus target price of $218.38.

Get Our Latest Stock Analysis on Zscaler

About Zscaler

(Get Free Report)

Zscaler, Inc is a cloud-native cybersecurity company that provides security services designed to help organizations connect users, devices, applications and workloads securely over the internet. Its platform is built around a zero-trust security model, which verifies access based on identity, context and policy rather than relying primarily on a traditional corporate network perimeter.

The company’s offerings include Zscaler Internet Access, which secures access to internet and software-as-a-service applications, and Zscaler Private Access, which provides secure, policy-based access to private applications without requiring conventional virtual private networks.

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