Zscaler (NASDAQ:ZS) Insider Sells $247,758.00 in Stock

Zscaler, Inc. (NASDAQ:ZS) insider Adam Geller sold 1,041 shares of Zscaler stock in a transaction dated Monday, November 2nd. The shares were sold at an average price of $238.00, for a total transaction of $247,758.00. Following the sale, the insider owned 58,167 shares of the company’s stock, valued at approximately $13,843,746. This represents a 1.76% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 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 transaction of $5,400,851.94.
• On Monday, October 12th, Adam Geller sold 1,042 shares of Zscaler stock. The stock was sold at an average price of $235.95, for a total transaction of $245,859.90.
• 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 transaction of $132,200.00.
• On Thursday, September 17th, Adam Geller sold 4,584 shares of Zscaler stock. The stock was 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 transaction of $1,075,215.28.

Zscaler Stock Down 9.2%

Zscaler stock opened at $203.88 on Friday. The company has a market capitalization of $33.24 billion, a PE ratio of -522.77, a price-to-earnings-growth ratio of 21.34 and a beta of 0.82. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.70 and a current ratio of 1.70. Zscaler, Inc. has a fifty-two week low of $114.63 and a fifty-two week high of $333.90. The firm has a 50 day moving average price of $207.81 and a 200 day moving average price of $167.72.

Zscaler (NASDAQ:ZS) last released its quarterly earnings results on Thursday, September 3rd. The company reported $1.19 EPS for the quarter, topping analysts’ consensus estimates of $1.09 by $0.10. Zscaler had a positive return on equity of 1.23% and a negative net margin of 1.88%. The company had revenue of $898.19 million for the quarter, compared to analysts’ expectations of $876.96 million. During the same period in the prior year, the firm earned $0.89 earnings per share. The firm’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. Research analysts expect that Zscaler, Inc. will post 0.70 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of ZS. Fifth Third Bancorp boosted its holdings in shares of Zscaler by 100.1% in the 3rd quarter. Fifth Third Bancorp now owns 32,132 shares of the company’s stock valued at $6,408,000 after buying an additional 16,072 shares in the last quarter. Maryland State Retirement & Pension System grew its position in shares of Zscaler by 22.6% in the 3rd quarter. Maryland State Retirement & Pension System now owns 6,571 shares of the company’s stock valued at $1,310,000 after buying an additional 1,210 shares during the last quarter. Ritholtz Wealth Management acquired a new stake in Zscaler during the 3rd quarter worth $376,000. Machina Capital S.A.S. raised its stake in Zscaler by 33.4% during the 3rd quarter. Machina Capital S.A.S. now owns 14,971 shares of the company’s stock worth $2,986,000 after acquiring an additional 3,748 shares in the last quarter. Finally, New York Life Investment Management LLC purchased a new stake in Zscaler in the third quarter valued at $240,000. 46.45% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages recently commented on ZS. Stifel Nicolaus raised their target price on Zscaler from $200.00 to $235.00 and gave the company a “buy” rating in a report on Wednesday, October 7th. Barclays lifted their target price on Zscaler from $220.00 to $225.00 and gave the company an “overweight” rating in a research report on Wednesday, October 7th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Zscaler in a research note on Friday, September 4th. Scotiabank increased their price target on shares of Zscaler from $240.00 to $255.00 and gave the stock a “sector outperform” rating in a research report on Wednesday, October 7th. Finally, Sanford C. Bernstein raised their price objective on shares of Zscaler from $224.00 to $298.00 and gave the company an “outperform” rating in a research note on Thursday, September 17th. Thirty-six research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $236.65.

Key Headlines Impacting Zscaler

Here are the key news stories impacting Zscaler this week:

• Positive Sentiment: AI security demand and continued adoption of Zero Trust are potential growth supports, according to a recent Zacks analysis, which nevertheless recommended a hold. Zacks analysis of Zscaler’s outlook
• Neutral Sentiment: Zscaler said it will report first-quarter fiscal 2027 results after market close on December 2 and hold an investor call that day. The announcement sets the next major earnings catalyst but did not provide new financial results. Earnings call announcement
• Neutral Sentiment: Insider Adam Geller sold 1,041 shares under a pre-arranged Rule 10b5-1 plan, a relatively small reduction in his holdings. Insider transaction report
• Negative Sentiment: Coverage cited slowing growth and rising spending as headwinds. On the latest session, Zscaler fell alongside Cloudflare, Datadog, Elastic and Palantir, suggesting a broader pullback in growth-oriented technology shares also weighed on the stock. Report on declines in software and cybersecurity shares

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.