Zscaler (NASDAQ:ZS) Insider Robert Schlossman Sells 3,200 Shares

Zscaler, Inc. (NASDAQ:ZS) insider Robert Schlossman sold 3,200 shares of the stock in a transaction that occurred on Friday, October 24th. The stock was sold at an average price of $325.00, for a total value of $1,040,000.00. Following the sale, the insider directly owned 80,086 shares of the company’s stock, valued at approximately $26,027,950. The trade was a 3.84% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

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

• On Thursday, October 2nd, Robert Schlossman sold 7,006 shares of Zscaler stock. The stock was sold at an average price of $305.57, for a total transaction of $2,140,823.42.
• On Tuesday, September 16th, Robert Schlossman sold 3,832 shares of Zscaler stock. The stock was sold at an average price of $280.70, for a total transaction of $1,075,642.40.

Zscaler Trading Up 1.3%

ZS opened at $323.00 on Friday. The stock has a market capitalization of $51.13 billion, a P/E ratio of -1,196.30 and a beta of 1.06. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.95. Zscaler, Inc. has a 12 month low of $164.78 and a 12 month high of $327.39. The firm’s fifty day simple moving average is $290.53 and its 200 day simple moving average is $274.75.

Zscaler (NASDAQ:ZS) last released its quarterly earnings results on Tuesday, September 2nd. The company reported $0.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.80 by $0.09. The firm had revenue of $719.23 million for the quarter, compared to the consensus estimate of $707.15 million. Zscaler had a negative return on equity of 0.47% and a negative net margin of 1.55%.The company’s revenue for the quarter was up 21.3% on a year-over-year basis. During the same quarter last year, the business posted $0.88 EPS. 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, research analysts anticipate that Zscaler, Inc. will post -0.1 EPS for the current fiscal year.

Institutional Investors Weigh In On Zscaler

Institutional investors and hedge funds have recently modified their holdings of the company. Cox Capital Mgt LLC grew its holdings in Zscaler by 0.6% during the third quarter. Cox Capital Mgt LLC now owns 5,576 shares of the company’s stock worth $1,671,000 after purchasing an additional 33 shares during the period. Brookstone Capital Management lifted its position in shares of Zscaler by 3.7% in the third quarter. Brookstone Capital Management now owns 936 shares of the company’s stock valued at $280,000 after buying an additional 33 shares during the last quarter. 180 Wealth Advisors LLC boosted its stake in shares of Zscaler by 0.5% during the 3rd quarter. 180 Wealth Advisors LLC now owns 7,897 shares of the company’s stock worth $2,366,000 after acquiring an additional 36 shares during the period. Venturi Wealth Management LLC increased its holdings in shares of Zscaler by 2.3% during the 3rd quarter. Venturi Wealth Management LLC now owns 1,603 shares of the company’s stock worth $480,000 after acquiring an additional 36 shares during the last quarter. Finally, Parcion Private Wealth LLC raised its stake in Zscaler by 3.3% in the 2nd quarter. Parcion Private Wealth LLC now owns 1,200 shares of the company’s stock valued at $377,000 after acquiring an additional 38 shares during the period. 46.45% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research firms have weighed in on ZS. KeyCorp upped their price target on Zscaler from $345.00 to $350.00 and gave the stock an “overweight” rating in a research report on Wednesday, September 3rd. Zacks Research raised shares of Zscaler from a “strong sell” rating to a “hold” rating in a research report on Thursday, October 2nd. Barclays raised their target price on shares of Zscaler from $300.00 to $320.00 and gave the company an “overweight” rating in a research report on Wednesday, September 3rd. Stifel Nicolaus boosted their price target on shares of Zscaler from $295.00 to $330.00 and gave the stock a “buy” rating in a research report on Wednesday, September 3rd. Finally, Royal Bank Of Canada increased their price objective on shares of Zscaler from $335.00 to $350.00 and gave the stock an “outperform” rating in a research note on Thursday, October 2nd. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $307.86.

About Zscaler

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.