Insider Selling: Zscaler (NASDAQ:ZS) Insider Sells $245,274.20 in Stock

Zscaler, Inc. (NASDAQ:ZSGet Free Report) insider Adam Geller sold 1,940 shares of Zscaler stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $126.43, for a total transaction of $245,274.20. Following the completion of the sale, the insider owned 45,131 shares in the company, valued at approximately $5,705,912.33. This represents a 4.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Zscaler Price Performance

Shares of ZS stock opened at $124.85 on Friday. The company’s fifty day simple moving average is $141.25 and its two-hundred day simple moving average is $172.99. Zscaler, Inc. has a 52 week low of $114.63 and a 52 week high of $336.99. The stock has a market cap of $20.19 billion, a P/E ratio of -260.10, a PEG ratio of 78.06 and a beta of 0.97. 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:ZSGet Free Report) last issued its quarterly earnings data on Tuesday, May 26th. The company reported $1.08 earnings per share for the quarter, beating analysts’ consensus estimates of $1.01 by $0.07. The firm had revenue of $850.48 million during the quarter, compared to analyst estimates 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 quarterly revenue was up 25.4% compared to the same quarter last year. During the same quarter last year, the business posted $0.84 earnings per share. Zscaler has set its Q4 2026 guidance at 1.080-1.090 EPS and its FY 2026 guidance at 4.100-4.110 EPS. Analysts predict that Zscaler, Inc. will post 0.11 EPS for the current fiscal year.

Institutional Trading of Zscaler

A number of institutional investors have recently bought and sold shares of the stock. Binnacle Investments Inc bought a new position in Zscaler during the third quarter valued at $25,000. Picton Mahoney Asset Management bought a new stake in shares of Zscaler in the 3rd quarter worth about $30,000. AlphaCentric Advisors LLC bought a new stake in shares of Zscaler in the 4th quarter worth about $29,000. University of Texas Texas AM Investment Management Co. purchased a new position in shares of Zscaler during the 4th quarter worth about $30,000. Finally, Mcguire Capital Advisors Inc. purchased a new position in shares of Zscaler during the 4th quarter worth about $32,000. 46.45% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on ZS. KeyCorp upped their price objective on Zscaler from $160.00 to $190.00 and gave the stock an “overweight” rating in a report on Monday, May 18th. Sanford C. Bernstein cut their target price on shares of Zscaler from $228.00 to $224.00 and set an “outperform” rating for the company in a report on Wednesday, May 27th. Piper Sandler reduced their price target on shares of Zscaler from $185.00 to $160.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 27th. Canaccord Genuity Group reaffirmed a “buy” rating and set a $210.00 price target on shares of Zscaler in a research note on Thursday, June 11th. Finally, BMO Capital Markets lowered their price objective on shares of Zscaler from $210.00 to $178.00 and set an “outperform” rating for the company in a research report on Wednesday, May 27th. Thirty-four analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $214.33.

Read Our Latest Stock Report on Zscaler

Zscaler Company Profile

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for Zscaler (NASDAQ:ZS)

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