Zscaler (NASDAQ:ZS) Stock: Insider Kevin Rubin Sells 514 Shares

Zscaler, Inc. (NASDAQ:ZS) CFO Kevin Rubin sold 514 shares of the stock in a transaction dated Monday, October 26th. The stock was sold at an average price of $259.15, for a total transaction of $133,203.10. Following the transaction, the chief financial officer owned 62,113 shares of the company’s stock, valued at $16,096,583.95. This represents a 0.82% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Kevin Rubin also recently made the following trade(s):

• On Friday, September 25th, Kevin Rubin sold 519 shares of Zscaler stock. The stock was sold at an average price of $197.28, for a total transaction of $102,388.32.
• On Wednesday, September 16th, Kevin Rubin sold 5,957 shares of Zscaler stock. The shares were sold at an average price of $192.76, for a total transaction of $1,148,271.32.
• On Tuesday, August 25th, Kevin Rubin sold 503 shares of Zscaler stock. The shares were sold at an average price of $173.38, for a total transaction of $87,210.14.

Zscaler Stock Performance

Shares of ZS stock opened at $255.80 on Thursday. The firm’s 50 day moving average is $201.67 and its 200 day moving average is $167.35. The stock has a market capitalization of $41.71 billion, a P/E ratio of -655.90, a PEG ratio of 24.52 and a beta of 0.94. Zscaler, Inc. has a 12 month low of $114.63 and a 12 month high of $336.99. The company has a current ratio of 1.70, a quick ratio of 1.70 and a debt-to-equity ratio of 0.65.

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 analysts’ consensus estimates 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 business had revenue of $898.19 million during the quarter, compared to analyst estimates of $876.96 million. During the same period in the previous year, the business earned $0.89 EPS. Zscaler’s revenue 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, sell-side analysts anticipate that Zscaler, Inc. will post 0.69 earnings per share for the current year.

Zscaler News Summary

Here are the key news stories impacting Zscaler this week:

• Positive Sentiment: Bank of America Securities reiterated its Buy rating on Zscaler, reinforcing confidence in the company’s growth prospects and cloud-security positioning. Bank of America Securities Sticks to Their Buy Rating for Zscaler
• Positive Sentiment: Zscaler highlighted its India channel ecosystem by announcing PartnerConnect 2026 award winners. The announcement supports evidence of partner engagement in a potentially important growth market, although it provides limited direct financial detail. Zscaler Announces India Partner Award Winners
• Neutral Sentiment: CFO Kevin Rubin sold 514 shares worth approximately $133,000 under a pre-arranged Rule 10b5-1 trading plan. The sale reduced his holdings by only 0.82%, making it a limited signal about management’s outlook. Zscaler CFO Form 4 Filing
• Negative Sentiment: Pomerantz LLP announced an investigation into potential claims on behalf of Zscaler investors. The announcement does not establish wrongdoing, but it introduces potential legal and reputational risks that can weigh on investor sentiment. Pomerantz Investor Alert
• Negative Sentiment: Analysts warned that Netskope is catching up, raising concerns that stronger competition could challenge Zscaler’s market share and future growth premium. Netskope Versus Zscaler
• Negative Sentiment: Commentary argued that much of the upside from Zscaler’s AI-related growth may already be reflected in the stock’s valuation. That leaves the shares vulnerable to profit-taking if growth or earnings revisions fail to exceed elevated expectations. Zscaler AI Tailwinds Appear Mostly Priced In

Analyst Ratings Changes

Several equities analysts have recently weighed in on ZS shares. Scotiabank lifted their price target on Zscaler from $240.00 to $255.00 and gave the company a “sector outperform” rating in a research report on Wednesday, October 7th. Yorkville Ives began coverage on Zscaler in a report on Tuesday, October 6th. They set an “outperform” rating and a $250.00 price objective on the stock. BMO Capital Markets raised their target price on Zscaler from $178.00 to $200.00 and gave the stock an “outperform” rating in a research note on Friday, September 4th. Cantor Fitzgerald raised their target price on Zscaler from $225.00 to $275.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 7th. Finally, Freedom Broker lifted their target price on Zscaler from $230.00 to $270.00 and gave the company a “buy” rating in a report on Thursday, October 22nd. Thirty-seven research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $240.14.

Hedge Funds Weigh In On Zscaler

A number of institutional investors have recently added to or reduced their stakes in ZS. Americana Partners LLC purchased a new stake in Zscaler in the 3rd quarter worth approximately $425,000. Heritage Wealth Management Inc. purchased a new position in shares of Zscaler during the third quarter valued at approximately $239,000. International Assets Investment Management LLC increased its stake in shares of Zscaler by 23,646.1% during the third quarter. International Assets Investment Management LLC now owns 606,000 shares of the company’s stock valued at $120,849,000 after buying an additional 603,448 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al raised its holdings in shares of Zscaler by 57.4% during the third quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 40,022 shares of the company’s stock valued at $7,981,000 after acquiring an additional 14,600 shares in the last quarter. Finally, Parcion Private Wealth LLC bought a new position in shares of Zscaler during the third quarter valued at approximately $855,000. 46.45% of the stock is currently owned by institutional investors.

About Zscaler

Zscaler, Inc is a cloud-based cybersecurity company that helps organizations secure access to applications, websites, data and other digital resources. Its platform is designed around a zero-trust security model, which verifies users and devices and enforces security policies before granting access, rather than relying primarily on a traditional corporate network perimeter.

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