Zscaler (NASDAQ:ZS) Insider Robert Schlossman Sells 7,006 Shares

Zscaler, Inc. (NASDAQ:ZS) insider Robert Schlossman sold 7,006 shares of the business’s stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $305.57, for a total transaction of $2,140,823.42. Following the completion of the transaction, the insider owned 76,132 shares of the company’s stock, valued at approximately $23,263,655.24. This trade represents a 8.43% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

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

• On Tuesday, September 16th, Robert Schlossman sold 3,832 shares of Zscaler stock. The stock was sold at an average price of $280.70, for a total transaction of $1,075,642.40.

Zscaler Stock Performance

NASDAQ:ZS opened at $305.41 on Friday. The company has a fifty day simple moving average of $282.18 and a two-hundred day simple moving average of $263.97. The company has a market cap of $48.35 billion, a price-to-earnings ratio of -1,131.15 and a beta of 1.06. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.95. Zscaler, Inc. has a 52 week low of $164.78 and a 52 week high of $318.46.

Zscaler (NASDAQ:ZS) last posted its quarterly earnings results on Tuesday, September 2nd. The company reported $0.89 EPS for the quarter, topping the consensus estimate of $0.80 by $0.09. The business had revenue of $719.23 million during the quarter, compared to the consensus estimate of $707.15 million. Zscaler had a negative net margin of 1.55% and a negative return on equity of 0.47%. The company’s quarterly revenue was up 21.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.88 earnings per share. Zscaler has set its FY 2026 guidance at 3.640-3.680 EPS. Q1 2026 guidance at 0.850-0.860 EPS. As a group, equities analysts anticipate that Zscaler, Inc. will post -0.1 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Zscaler

A number of institutional investors and hedge funds have recently bought and sold shares of ZS. Wealth Enhancement Advisory Services LLC lifted its position in Zscaler by 97.1% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 22,694 shares of the company’s stock valued at $4,094,000 after acquiring an additional 11,179 shares during the last quarter. MassMutual Private Wealth & Trust FSB lifted its position in Zscaler by 297.8% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 183 shares of the company’s stock valued at $36,000 after acquiring an additional 137 shares during the last quarter. GAMMA Investing LLC lifted its position in Zscaler by 28,290.0% in the first quarter. GAMMA Investing LLC now owns 127,187 shares of the company’s stock valued at $25,236,000 after acquiring an additional 126,739 shares during the last quarter. Parallel Advisors LLC lifted its position in Zscaler by 35.5% in the first quarter. Parallel Advisors LLC now owns 462 shares of the company’s stock valued at $92,000 after acquiring an additional 121 shares during the last quarter. Finally, Rhumbline Advisers raised its holdings in shares of Zscaler by 3.7% in the first quarter. Rhumbline Advisers now owns 133,305 shares of the company’s stock valued at $26,450,000 after buying an additional 4,726 shares during the last quarter. 46.45% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. BMO Capital Markets boosted their price target on shares of Zscaler from $295.00 to $315.00 and gave the stock an “outperform” rating in a research note on Wednesday, September 3rd. Wedbush restated an “outperform” rating and issued a $330.00 price target on shares of Zscaler in a research note on Wednesday, September 3rd. BTIG Research restated a “buy” rating on shares of Zscaler in a research note on Thursday, July 10th. Robert W. Baird raised their price target on Zscaler from $330.00 to $345.00 and gave the company an “outperform” rating in a research note on Wednesday, September 3rd. Finally, Wells Fargo & Company upgraded Zscaler from an “equal weight” rating to an “overweight” rating and raised their price target for the company from $260.00 to $385.00 in a research note on Friday, June 13th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $307.43.

About Zscaler

Zscaler, Inc operates as a cloud security company worldwide. The company offers Zscaler Internet Access solution that provides users, workloads, IoT, and OT devices secure access to externally managed applications, including software-as-a-service (SaaS) applications and internet destinations; and Zscaler Private Access solution, which is designed to provide access to managed applications hosted internally in data centers, and private or public clouds.