Zscaler (NASDAQ:ZS) Insider Sells $711,848.88 in Stock

Zscaler, Inc. (NASDAQ:ZS) insider Robert Schlossman sold 3,084 shares of the firm’s stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of $230.82, for a total value of $711,848.88. Following the sale, the insider directly owned 77,002 shares in the company, valued at approximately $17,773,601.64. The trade was a 3.85% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

• On Wednesday, December 17th, Robert Schlossman sold 2,349 shares of Zscaler stock. The stock was sold at an average price of $232.79, for a total value of $546,823.71.
• On Friday, October 24th, Robert Schlossman sold 3,200 shares of Zscaler stock. The shares were sold at an average price of $325.00, for a total value of $1,040,000.00.
• 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 value of $2,140,823.42.

Zscaler Price Performance

NASDAQ:ZS traded down $6.35 during trading hours on Wednesday, hitting $226.43. 1,723,437 shares of the stock were exchanged, compared to its average volume of 2,011,386. Zscaler, Inc. has a 52-week low of $164.78 and a 52-week high of $336.99. 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 firm’s fifty day moving average price is $290.17 and its 200 day moving average price is $290.51. The company has a market cap of $36.11 billion, a P/E ratio of -870.85 and a beta of 1.07.

Zscaler (NASDAQ:ZS) last posted its quarterly earnings results on Tuesday, November 25th. The company reported $0.96 earnings per share for the quarter, topping analysts’ consensus estimates of $0.85 by $0.11. The firm had revenue of $788.11 million for the quarter, compared to analyst estimates of $773.86 million. Zscaler had a negative net margin of 1.45% and a negative return on equity of 0.12%. Zscaler’s quarterly revenue was up 25.5% on a year-over-year basis. During the same period in the previous year, the business 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. As a group, equities research analysts anticipate that Zscaler, Inc. will post -0.1 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have weighed in on ZS. Berenberg Bank cut their price target on Zscaler from $400.00 to $390.00 and set a “buy” rating on the stock in a report on Friday, November 28th. JPMorgan Chase & Co. lifted their target price on Zscaler from $351.00 to $354.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 26th. B. Riley began coverage on shares of Zscaler in a research report on Tuesday, August 26th. They issued a “neutral” rating and a $275.00 price target for the company. Mizuho raised shares of Zscaler from a “neutral” rating to an “outperform” rating and set a $310.00 price objective on the stock in a research report on Tuesday. Finally, Robert W. Baird lifted their price objective on Zscaler from $350.00 to $360.00 and gave the company an “outperform” rating in a report on Wednesday, November 26th. One research analyst has rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Zscaler presently has a consensus rating of “Moderate Buy” and an average target price of $323.45.

Hedge Funds Weigh In On Zscaler

Institutional investors have recently modified their holdings of the company. Binnacle Investments Inc bought a new position in shares of Zscaler in the third quarter valued at approximately $25,000. SVB Wealth LLC purchased a new stake in shares of Zscaler in the 1st quarter valued at approximately $26,000. Tradewinds Capital Management LLC grew its position 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 purchasing an additional 51 shares in the last quarter. Root Financial Partners LLC acquired a new stake in Zscaler during the 3rd quarter valued at $26,000. Finally, McIlrath & Eck LLC purchased a new stake in shares of Zscaler in the third quarter valued at $29,000. Institutional investors own 46.45% of the company’s stock.

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.