Zscaler (NASDAQ:ZS) Insider Robert Schlossman Sells 122 Shares

Zscaler, Inc. (NASDAQ:ZSGet Free Report) insider Robert Schlossman sold 122 shares of the business’s stock in a transaction dated Monday, July 6th. The stock was sold at an average price of $150.00, for a total transaction of $18,300.00. Following the completion of the sale, the insider owned 69,244 shares in the company, valued at approximately $10,386,600. This trade represents a 0.18% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 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 Trading Down 0.6%

ZS stock opened at $149.50 on Wednesday. Zscaler, Inc. has a twelve month low of $114.63 and a twelve month high of $336.99. The stock has a market capitalization of $24.18 billion, a price-to-earnings ratio of -311.45, a price-to-earnings-growth ratio of 86.20 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. The firm’s fifty day simple moving average is $142.89 and its two-hundred day simple moving average is $163.93.

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

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Integrated Wealth Concepts LLC increased its stake in shares of Zscaler by 19.9% during the first quarter. Integrated Wealth Concepts LLC now owns 1,439 shares of the company’s stock valued at $285,000 after buying an additional 239 shares during the period. NewEdge Advisors LLC grew its holdings in Zscaler by 8.2% during the 1st quarter. NewEdge Advisors LLC now owns 4,899 shares of the company’s stock worth $972,000 after acquiring an additional 370 shares in the last quarter. Empowered Funds LLC increased its position in Zscaler by 9.2% during the 1st quarter. Empowered Funds LLC now owns 2,811 shares of the company’s stock valued at $558,000 after purchasing an additional 238 shares during the period. Sivia Capital Partners LLC purchased a new position in Zscaler during the 2nd quarter valued at about $252,000. Finally, Jump Financial LLC bought a new stake in shares of Zscaler in the 2nd quarter valued at about $3,019,000. 46.45% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the company. B. Riley Financial dropped their target price on Zscaler from $225.00 to $215.00 and set a “buy” rating for the company in a research report on Wednesday, May 27th. Sanford C. Bernstein decreased their price target on Zscaler from $228.00 to $224.00 and set an “outperform” rating for the company in a research note on Wednesday, May 27th. Robert W. Baird dropped their price objective on Zscaler from $265.00 to $230.00 and set an “outperform” rating for the company in a report on Wednesday, May 27th. BTIG Research reaffirmed a “neutral” rating on shares of Zscaler in a research report on Thursday, April 9th. Finally, Guggenheim reiterated a “buy” rating and issued a $214.00 target price on shares of Zscaler in a research note on Wednesday, June 10th. Thirty-four equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $213.97.

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About Zscaler

(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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