Adam Geller Sells 2,060 Shares of Zscaler (NASDAQ:ZS) Stock

Zscaler, Inc. (NASDAQ:ZS) insider Adam Geller sold 2,060 shares of the company’s stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of $230.82, for a total value of $475,489.20. Following the completion of the transaction, the insider owned 52,148 shares of the company’s stock, valued at $12,036,801.36. The trade was a 3.80% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

Adam Geller also recently made the following trade(s):

• On Wednesday, December 17th, Adam Geller sold 1,620 shares of Zscaler stock. The stock was sold at an average price of $232.79, for a total transaction of $377,119.80.

Zscaler Trading Up 2.1%

Shares of Zscaler stock opened at $231.09 on Friday. Zscaler, Inc. has a 52-week low of $164.78 and a 52-week high of $336.99. The firm has a market capitalization of $36.85 billion, a PE ratio of -888.77 and a beta of 1.07. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.82 and a quick ratio of 1.82. The company’s fifty day moving average price is $286.74 and its two-hundred day moving average price is $289.66.

Zscaler (NASDAQ:ZS) last issued its earnings results on Tuesday, November 25th. The company reported $0.96 earnings per share for the quarter, beating the consensus estimate of $0.85 by $0.11. Zscaler had a negative net margin of 1.45% and a negative return on equity of 0.12%. The business had revenue of $788.11 million for the quarter, compared to analyst estimates of $773.86 million. During the same period in the previous year, the business earned $0.77 EPS. The firm’s revenue was up 25.5% on a year-over-year basis. 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, analysts expect that Zscaler, Inc. will post -0.1 EPS for the current year.

Institutional Investors Weigh In On Zscaler

Hedge funds have recently added to or reduced their stakes in the stock. Brookstone Capital Management bought a new position in shares of Zscaler in the 2nd quarter valued at $283,000. VestGen Advisors LLC bought a new stake in Zscaler during the 2nd quarter worth $1,592,000. Mackenzie Financial Corp increased its holdings in Zscaler by 133.6% in the 2nd quarter. Mackenzie Financial Corp now owns 14,780 shares of the company’s stock worth $4,640,000 after purchasing an additional 8,454 shares in the last quarter. Schroder Investment Management Group increased its holdings in Zscaler by 11.5% in the 2nd quarter. Schroder Investment Management Group now owns 164,061 shares of the company’s stock worth $51,505,000 after purchasing an additional 16,868 shares in the last quarter. Finally, Ensign Peak Advisors Inc raised its position in Zscaler by 9.9% in the second quarter. Ensign Peak Advisors Inc now owns 395,391 shares of the company’s stock valued at $124,129,000 after purchasing an additional 35,770 shares during the last quarter. Institutional investors own 46.45% of the company’s stock.

Wall Street Analyst Weigh In

ZS has been the subject of a number of recent research reports. BMO Capital Markets increased their target price on Zscaler from $295.00 to $315.00 and gave the stock an “outperform” rating in a report on Wednesday, September 3rd. Citizens Jmp reiterated a “market outperform” rating and set a $355.00 price objective on shares of Zscaler in a research note on Wednesday, November 26th. KeyCorp lifted their price objective on Zscaler from $345.00 to $350.00 and gave the company an “overweight” rating in a report on Wednesday, September 3rd. Mizuho raised shares of Zscaler from a “neutral” rating to an “outperform” rating and set a $310.00 target price on the stock in a report on Tuesday. Finally, Guggenheim reiterated a “neutral” rating on shares of Zscaler in a research report on Wednesday, September 3rd. One equities 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.com, Zscaler currently has an average rating of “Moderate Buy” and a consensus price target of $322.66.

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.