Zscaler (NASDAQ:ZS) CFO Kevin Rubin Sells 3,303 Shares of Stock

Zscaler, Inc. (NASDAQ:ZS) CFO Kevin Rubin sold 3,303 shares of the business’s stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $230.82, for a total transaction of $762,398.46. Following the completion of the transaction, the chief financial officer owned 48,161 shares of the company’s stock, valued at approximately $11,116,522.02. The trade was a 6.42% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Zscaler Stock Up 1.3%

Shares of ZS stock opened at $229.43 on Thursday. 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 $36.59 billion, a P/E ratio of -884.20 and a beta of 1.07. Zscaler, Inc. has a 12 month low of $164.78 and a 12 month high of $336.99. The company has a 50 day simple moving average of $288.42 and a two-hundred day simple moving average of $290.07.

Zscaler (NASDAQ:ZS) last posted its quarterly earnings results on Tuesday, November 25th. The company reported $0.96 EPS for the quarter, topping analysts’ consensus estimates of $0.85 by $0.11. The company 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 firm’s revenue was up 25.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.77 EPS. 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 expect that Zscaler, Inc. will post -0.1 earnings per share for the current year.

Analysts Set New Price Targets

Several research analysts recently issued reports on the company. Scotiabank dropped their price objective on Zscaler from $334.00 to $320.00 and set a “sector outperform” rating on the stock in a research note on Wednesday, November 26th. HC Wainwright restated a “buy” rating on shares of Zscaler in a research note on Wednesday, November 26th. Sanford C. Bernstein lowered Zscaler from an “outperform” rating to a “hold” rating in a research note on Monday, December 1st. BTIG Research reissued a “buy” rating and set a $365.00 target price on shares of Zscaler in a report on Wednesday, November 26th. Finally, Piper Sandler upped their price target on Zscaler from $260.00 to $280.00 and gave the company a “neutral” rating in a research report on Wednesday, September 3rd. One research analyst has rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $322.66.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. Groupama Asset Managment grew its holdings in shares of Zscaler by 76,352.6% during the 3rd quarter. Groupama Asset Managment now owns 4,750,000 shares of the company’s stock worth $1,423,385,000 after purchasing an additional 4,743,787 shares during the period. T. Rowe Price Investment Management Inc. purchased a new position in shares of Zscaler in the 1st quarter valued at $516,622,000. Federated Hermes Inc. raised its stake in shares of Zscaler by 314.0% in the 2nd quarter. Federated Hermes Inc. now owns 1,171,983 shares of the company’s stock valued at $367,932,000 after acquiring an additional 888,888 shares during the period. Vanguard Group Inc. boosted its position in Zscaler by 8.3% during the 2nd 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. Finally, AQR Capital Management LLC increased its holdings in Zscaler by 61.8% in the 3rd quarter. AQR Capital Management LLC now owns 1,941,571 shares of the company’s stock valued at $576,083,000 after purchasing an additional 741,756 shares in the last quarter. 46.45% of the stock is owned by hedge funds and other institutional investors.

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.