Zscaler (NASDAQ:ZS) CEO Jagtar Singh Chaudhry Sells 1,941 Shares

Zscaler, Inc. (NASDAQ:ZS) CEO Jagtar Singh Chaudhry sold 1,941 shares of the firm’s stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $156.59, for a total value of $303,941.19. Following the completion of the sale, the chief executive officer directly owned 345,916 shares of the company’s stock, valued at approximately $54,166,986.44. This represents a 0.56% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link.

Zscaler Stock Down 0.0%

Shares of ZS stock traded down $0.01 during trading hours on Wednesday, reaching $155.99. 1,516,030 shares of the company’s stock were exchanged, compared to its average volume of 3,612,070. Zscaler, Inc. has a 1 year low of $140.56 and a 1 year high of $336.99. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 0.78. The stock has a market cap of $25.08 billion, a PE ratio of -371.40 and a beta of 1.07. The stock’s fifty day moving average price is $180.47 and its two-hundred day moving average price is $244.35.

Zscaler (NASDAQ:ZS) last announced its quarterly earnings data on Thursday, February 26th. The company reported $1.01 EPS 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 analyst estimates of $798.92 million. Zscaler had a negative net margin of 2.25% and a positive return on equity of 0.06%. Zscaler’s revenue was up 25.9% on a year-over-year basis. During the same period last year, the firm posted $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 predict that Zscaler, Inc. will post -0.1 EPS for the current year.

Analyst Ratings Changes

Several equities analysts recently issued reports on ZS shares. Morgan Stanley cut their target price on Zscaler from $305.00 to $200.00 and set an “overweight” rating on the stock in a research report on Friday, February 27th. BTIG Research dropped their price target on Zscaler from $365.00 to $209.00 and set a “buy” rating on the stock in a research note on Tuesday, February 24th. Citizens Jmp reduced their price objective on Zscaler from $355.00 to $290.00 and set a “market outperform” rating for the company in a research note on Friday, February 27th. Rosenblatt Securities reaffirmed a “buy” rating and set a $280.00 target price on shares of Zscaler in a report on Tuesday, February 24th. Finally, Piper Sandler dropped their target price on Zscaler from $260.00 to $185.00 and set a “neutral” rating on the stock in a research report on Friday, February 27th. Two research analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $267.13.

Hedge Funds Weigh In On Zscaler

Large investors have recently made changes to their positions in the company. Groupama Asset Managment grew its position 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 valued at $1,423,385,000 after acquiring an additional 4,743,787 shares during the period. Federated Hermes Inc. boosted its position in Zscaler by 314.0% during the second quarter. Federated Hermes Inc. now owns 1,171,983 shares of the company’s stock worth $367,932,000 after purchasing an additional 888,888 shares in the last quarter. Vanguard Group Inc. grew its holdings in Zscaler by 8.3% in the second quarter. Vanguard Group Inc. now owns 10,715,132 shares of the company’s stock valued at $3,363,909,000 after purchasing an additional 824,626 shares during the period. Price T Rowe Associates Inc. MD grew its holdings in Zscaler by 43.3% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 2,572,358 shares of the company’s stock valued at $578,576,000 after purchasing an additional 777,414 shares during the period. Finally, AQR Capital Management LLC increased its position in shares of Zscaler by 61.8% in the third quarter. AQR Capital Management LLC now owns 1,941,571 shares of the company’s stock valued at $576,083,000 after buying an additional 741,756 shares in the last quarter. 46.45% of the stock is currently owned by institutional investors and hedge funds.

About Zscaler

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.