Zscaler (NASDAQ:ZS) CFO Sells $213,160.98 in Stock

Zscaler, Inc. (NASDAQ:ZS) CFO Kevin Rubin sold 1,686 shares of the company’s stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $126.43, for a total transaction of $213,160.98. Following the transaction, the chief financial officer owned 44,901 shares of the company’s stock, valued at approximately $5,676,833.43. The trade was a 3.62% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Zscaler Stock Performance

NASDAQ ZS opened at $124.85 on Friday. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.86 and a quick ratio of 1.86. The firm has a market capitalization of $20.19 billion, a price-to-earnings ratio of -260.10, a P/E/G ratio of 78.06 and a beta of 0.97. The company’s fifty day moving average is $141.25 and its two-hundred day moving average is $172.99. Zscaler, Inc. has a 52-week low of $114.63 and a 52-week high of $336.99.

Zscaler (NASDAQ:ZS) last announced its quarterly earnings data on Tuesday, May 26th. The company reported $1.08 EPS for the quarter, beating analysts’ consensus estimates of $1.01 by $0.07. Zscaler had a negative net margin of 2.44% and a negative return on equity of 0.37%. The business had revenue of $850.48 million during the quarter, compared to analyst estimates of $835.14 million. During the same quarter in the prior year, the business earned $0.84 earnings per share. The firm’s revenue for the quarter was up 25.4% on a year-over-year basis. Zscaler has set its Q4 2026 guidance at 1.080-1.090 EPS and its FY 2026 guidance at 4.100-4.110 EPS. Equities research analysts forecast that Zscaler, Inc. will post 0.11 EPS for the current year.

Analysts Set New Price Targets

Several brokerages recently commented on ZS. JPMorgan Chase & Co. reduced their target price on Zscaler from $250.00 to $205.00 and set an “overweight” rating for the company in a research report on Wednesday, May 27th. Needham & Company LLC reissued a “buy” rating and issued a $180.00 price target on shares of Zscaler in a report on Wednesday, June 10th. Weiss Ratings restated a “sell (e+)” rating on shares of Zscaler in a research note on Tuesday, June 9th. Zacks Research raised shares of Zscaler from a “strong sell” rating to a “hold” rating in a report on Wednesday, May 27th. Finally, Evercore set a $155.00 target price on shares of Zscaler and gave the company an “in-line” rating in a research report on Wednesday, May 27th. Thirty-four equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $214.33.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Binnacle Investments Inc acquired a new stake in shares of Zscaler during the 3rd quarter worth about $25,000. Picton Mahoney Asset Management bought a new position in Zscaler during the 3rd quarter valued at about $30,000. AlphaCentric Advisors LLC acquired a new position in Zscaler in the fourth quarter valued at about $29,000. University of Texas Texas AM Investment Management Co. acquired a new position in Zscaler in the fourth quarter valued at about $30,000. Finally, Mcguire Capital Advisors Inc. bought a new stake in Zscaler during the fourth quarter worth about $32,000. 46.45% of the stock is owned by institutional investors.

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.