Insider Selling: Zscaler (NASDAQ:ZS) Director Sells 177 Shares of Stock

Zscaler, Inc. (NASDAQ:ZSGet Free Report) Director James Beer sold 177 shares of Zscaler stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $153.53, for a total transaction of $27,174.81. Following the completion of the sale, the director owned 4,384 shares of the company’s stock, valued at approximately $673,075.52. The trade was a 3.88% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Zscaler Price Performance

NASDAQ:ZS traded down $0.46 during trading hours on Thursday, reaching $155.53. 1,854,219 shares of the company were exchanged, compared to its average volume of 2,657,660. The business has a 50 day moving average of $180.47 and a 200 day moving average of $244.35. Zscaler, Inc. has a 1-year low of $140.56 and a 1-year high of $336.99. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.90 and a quick ratio of 1.90. The company has a market capitalization of $25.01 billion, a P/E ratio of -370.31 and a beta of 1.07.

Zscaler (NASDAQ:ZSGet Free Report) last announced its quarterly earnings data on Thursday, February 26th. The company reported $1.01 earnings per share for the quarter, beating the consensus estimate of $0.89 by $0.12. The firm had revenue of $815.75 million during the quarter, compared to analysts’ expectations of $798.92 million. Zscaler had a positive return on equity of 0.06% and a negative net margin of 2.25%.The company’s quarterly revenue was up 25.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.78 EPS. Zscaler has set its Q3 2026 guidance at 1.000-1.010 EPS and its FY 2026 guidance at 3.990-4.020 EPS. Research analysts forecast that Zscaler, Inc. will post -0.1 EPS for the current year.

Zscaler News Summary

Here are the key news stories impacting Zscaler this week:

Institutional Trading of Zscaler

Hedge funds and other institutional investors have recently made changes to their positions in the company. Westpac Banking Corp lifted its stake in shares of Zscaler by 919.0% in the third quarter. Westpac Banking Corp now owns 9,986 shares of the company’s stock worth $2,992,000 after acquiring an additional 9,006 shares during the period. Korea Investment CORP increased its position in Zscaler by 24.0% during the 3rd quarter. Korea Investment CORP now owns 98,370 shares of the company’s stock valued at $29,478,000 after purchasing an additional 19,026 shares during the period. VestGen Advisors LLC bought a new position in Zscaler during the 2nd quarter worth approximately $1,592,000. Mackenzie Financial Corp lifted its position in shares of 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 during the period. Finally, Schroder Investment Management Group lifted its position in shares of 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 during the period. 46.45% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts have commented on ZS shares. Sanford C. Bernstein raised shares of Zscaler from a “market perform” rating to an “outperform” rating and set a $228.00 target price on the stock in a report on Friday, February 13th. Scotiabank reduced their price target on shares of Zscaler from $334.00 to $320.00 and set a “sector outperform” rating on the stock in a research report on Wednesday, November 26th. Stephens decreased their price objective on shares of Zscaler from $340.00 to $225.00 and set an “overweight” rating on the stock in a research note on Monday, February 23rd. Stifel Nicolaus decreased their target price on Zscaler from $330.00 to $320.00 and set a “buy” rating on the stock in a research report on Wednesday, November 26th. Finally, Citizens Jmp dropped their target price on shares of Zscaler from $355.00 to $290.00 and set a “market outperform” rating for the company in a report on Friday, February 27th. Two research analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, six have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, Zscaler presently has a consensus rating of “Moderate Buy” and a consensus target price of $267.13.

Read Our Latest Stock Analysis on ZS

Zscaler Company Profile

(Get Free Report)

Zscaler is a cloud security company that delivers a cloud-native platform to protect users, applications and data as organizations move away from traditional, network-centric security architectures. The company focuses on a zero trust approach that assumes no implicit trust for users or devices, providing secure access to the internet, SaaS applications and private applications regardless of where users are located. Zscaler positions its services as an alternative to legacy appliances and site-centric VPNs, aiming to simplify security while enabling modern, distributed workforces.

Key offerings are built around the Zscaler Zero Trust Exchange, a multi-tenant cloud platform that enforces security and access policies in-line.

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Insider Buying and Selling by Quarter for Zscaler (NASDAQ:ZS)

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