Robert Schlossman Sells 122 Shares of Zscaler (NASDAQ:ZS) Stock

Zscaler, Inc. (NASDAQ:ZS) insider Robert Schlossman sold 122 shares of the company’s stock in a transaction that occurred on Monday, July 6th. The stock was sold at an average price of $150.00, for a total transaction of $18,300.00. Following the transaction, the insider directly owned 69,244 shares of the company’s stock, valued at $10,386,600. This trade represents a 0.18% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Robert Schlossman also recently made the following trade(s):

• On Tuesday, June 16th, Robert Schlossman sold 3,146 shares of Zscaler stock. The stock was sold at an average price of $126.43, for a total transaction of $397,748.78.

Zscaler Stock Down 4.0%

Shares of NASDAQ ZS opened at $143.55 on Thursday. Zscaler, Inc. has a 52-week low of $114.63 and a 52-week high of $336.99. The firm has a fifty day moving average of $143.08 and a 200-day moving average of $163.31. The stock has a market capitalization of $23.21 billion, a PE ratio of -299.06, a P/E/G ratio of 85.67 and a beta of 0.96. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.72.

Zscaler (NASDAQ:ZS) last released its quarterly earnings data on Tuesday, May 26th. The company reported $1.08 EPS for the quarter, topping analysts’ consensus estimates of $1.01 by $0.07. The business had revenue of $850.48 million during the quarter, compared to the consensus estimate of $835.14 million. Zscaler had a negative return on equity of 0.37% and a negative net margin of 2.44%.The business’s revenue for the quarter was up 25.4% on a year-over-year basis. During the same period in the prior year, the firm posted $0.84 EPS. Zscaler has set its Q4 2026 guidance at 1.080-1.090 EPS and its FY 2026 guidance at 4.100-4.110 EPS. On average, analysts anticipate that Zscaler, Inc. will post 0.12 EPS for the current year.

Institutional Investors Weigh In On Zscaler

A number of large investors have recently modified their holdings of the stock. Goldstream Capital Management Ltd lifted its position in Zscaler by 0.3% during the 3rd quarter. Goldstream Capital Management Ltd now owns 12,450 shares of the company’s stock worth $3,731,000 after acquiring an additional 34 shares in the last quarter. Kentucky Retirement Systems Insurance Trust Fund grew its position in Zscaler by 1.4% in the third quarter. Kentucky Retirement Systems Insurance Trust Fund now owns 2,569 shares of the company’s stock valued at $770,000 after acquiring an additional 36 shares in the last quarter. Parallel Advisors LLC grew its position in Zscaler by 10.9% in the third quarter. Parallel Advisors LLC now owns 397 shares of the company’s stock valued at $119,000 after acquiring an additional 39 shares in the last quarter. Smartleaf Asset Management LLC raised its stake in shares of Zscaler by 7.5% during the second quarter. Smartleaf Asset Management LLC now owns 648 shares of the company’s stock valued at $204,000 after purchasing an additional 45 shares during the period. Finally, Yousif Capital Management LLC raised its stake in shares of Zscaler by 3.8% during the fourth quarter. Yousif Capital Management LLC now owns 1,326 shares of the company’s stock valued at $274,000 after purchasing an additional 48 shares during the period. Institutional investors and hedge funds own 46.45% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on ZS shares. Barclays reduced their price objective on Zscaler from $180.00 to $170.00 and set an “overweight” rating on the stock in a research note on Wednesday, May 27th. Citizens Jmp cut their price target on shares of Zscaler from $290.00 to $210.00 and set a “market outperform” rating on the stock in a report on Friday, May 1st. Scotiabank reduced their price target on shares of Zscaler from $190.00 to $175.00 and set a “sector outperform” rating on the stock in a research report on Wednesday, May 27th. Robert W. Baird decreased their price objective on shares of Zscaler from $265.00 to $230.00 and set an “outperform” rating for the company in a research note on Wednesday, May 27th. Finally, Sanford C. Bernstein dropped their price objective on shares of Zscaler from $228.00 to $224.00 and set an “outperform” rating for the company in a research report on Wednesday, May 27th. Thirty-four equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $213.97.

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.