Zscaler (NASDAQ:ZS) Insider Adam Geller Sells 1,042 Shares of Company Stock

Zscaler, Inc. (NASDAQ:ZS) insider Adam Geller sold 1,042 shares of the firm’s stock in a transaction that occurred on Monday, October 12th. The stock was sold at an average price of $235.95, for a total transaction of $245,859.90. Following the transaction, the insider directly owned 38,308 shares of the company’s stock, valued at $9,038,772.60. This represents a 2.65% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Friday, October 9th, Adam Geller sold 23,958 shares of Zscaler stock. The stock was sold at an average price of $225.43, for a total value of $5,400,851.94.
• On Monday, September 21st, Adam Geller sold 661 shares of Zscaler stock. The stock was sold at an average price of $200.00, for a total value of $132,200.00.
• On Thursday, September 17th, Adam Geller sold 4,584 shares of Zscaler stock. The shares were sold at an average price of $192.01, for a total transaction of $880,173.84.
• On Wednesday, September 16th, Adam Geller sold 5,578 shares of Zscaler stock. The shares were sold at an average price of $192.76, for a total value of $1,075,215.28.

Zscaler Trading Up 1.3%

Shares of ZS stock traded up $2.88 on Tuesday, hitting $228.66. The company had a trading volume of 2,966,150 shares, compared to its average volume of 3,366,960. Zscaler, Inc. has a twelve month low of $114.63 and a twelve month high of $336.99. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.70 and a current ratio of 1.70. The stock’s 50-day moving average is $187.58 and its two-hundred day moving average is $157.87. The firm has a market cap of $37.28 billion, a P/E ratio of -586.31, a P/E/G ratio of 22.46 and a beta of 0.94.

Zscaler (NASDAQ:ZS) last released its quarterly earnings data on Thursday, September 3rd. The company reported $1.19 earnings per share for the quarter, beating the consensus estimate of $1.09 by $0.10. Zscaler had a negative net margin of 1.88% and a positive return on equity of 1.23%. The company had revenue of $898.19 million during the quarter, compared to analyst estimates of $876.96 million. During the same quarter in the previous year, the business posted $0.89 EPS. Zscaler’s revenue for the quarter was up 24.9% compared to the same quarter last year. Zscaler has set its FY 2027 guidance at 4.860-4.900 EPS and its Q1 2027 guidance at 1.150-1.160 EPS. On average, equities research analysts anticipate that Zscaler, Inc. will post 0.69 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. Sax Wealth Advisors LLC acquired a new stake in Zscaler in the third quarter valued at approximately $312,000. NorthCrest Asset Manangement LLC acquired a new position in Zscaler during the third quarter worth $1,437,000. Perpetual Ltd boosted its position in Zscaler by 50.0% in the 3rd quarter. Perpetual Ltd now owns 4,409 shares of the company’s stock valued at $879,000 after buying an additional 1,470 shares during the period. Riversedge Advisors LLC purchased a new position in Zscaler in the third quarter worth approximately $275,000. Finally, Wedmont Private Capital purchased a new position in shares of Zscaler in the 3rd quarter valued at about $246,000. 46.45% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have weighed in on ZS shares. BMO Capital Markets upped their price target on shares of Zscaler from $178.00 to $200.00 and gave the company an “outperform” rating in a research report on Friday, September 4th. Cantor Fitzgerald increased their price target on shares of Zscaler from $225.00 to $275.00 and gave the company an “overweight” rating in a report on Wednesday, October 7th. Scotiabank boosted their target price on shares of Zscaler from $240.00 to $255.00 and gave the company a “sector outperform” rating in a research note on Wednesday, October 7th. Zacks Research raised Zscaler from a “strong sell” rating to a “hold” rating in a report on Friday, October 2nd. Finally, Citizens Jmp upped their price target on Zscaler from $210.00 to $265.00 and gave the stock a “market outperform” rating in a research note on Friday. Thirty-five investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $239.41.

Key Stories Impacting Zscaler

Here are the key news stories impacting Zscaler this week:

• Positive Sentiment: Zscaler reaffirmed its fiscal 2027 guidance and presented a long-term framework targeting approximately $8 billion in annual recurring revenue, with additional upside from faster adoption of AI-related security products. Zscaler gains as investor-day outlook and analyst target hikes support shares
• Positive Sentiment: Analysts including TD Cowen, Baird, Stephens and Needham raised their price targets following the investor day, reinforcing confidence in Zscaler’s growth durability and its position in cybersecurity. Analyst target increases
• Positive Sentiment: Potential growth drivers include enterprise AI adoption, usage-based monetization, cross-selling to an estimated $15 billion of customer whitespace and expanding non-seat products. AI-related offerings reportedly account for about 30% of new contract value, while metered recurring revenue is growing more than 100% year over year. Zscaler growth outlook
• Neutral Sentiment: A Malaysia-based technology provider announced plans to deliver Zscaler zero-trust solutions to public-sector and government-linked customers, potentially supporting international adoption, though the financial impact was not disclosed. LinkAxia Networks partnership
• Negative Sentiment: Analysts and investors remain concerned that revenue growth could slow to roughly 17% in fiscal 2027, despite the company’s AI opportunity. The stock’s recent rally has also pushed it above the reported six-month median analyst target of $195, raising valuation and profit-taking risks. Zscaler growth slowdown analysis
• Negative Sentiment: Insiders reported 39 open-market sales and no purchases over the past six months. The selling, including transactions by senior executives, may weigh on sentiment even though it does not necessarily indicate deteriorating fundamentals.

About Zscaler

Zscaler, Inc is a cloud-based cybersecurity company that provides security services designed to help organizations connect users, applications, devices and workloads securely. Its platform is built around a zero-trust security model, which verifies access based on identity, context and policy rather than relying primarily on traditional network perimeters.

The company’s offerings include Zscaler Internet Access, which helps secure internet and software-as-a-service access, and Zscaler Private Access, which provides controlled access to private applications without extending an organization’s network to remote users.