Jagtar Singh Chaudhry Sells 2,878 Shares of Zscaler (NASDAQ:ZS) Stock

Posted by George Bondi on Jun 19th, 2026

Zscaler, Inc. (NASDAQ:ZS – Get Free Report) CEO Jagtar Singh Chaudhry sold 2,878 shares of Zscaler stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $126.43, for a total transaction of $363,865.54. Following the sale, the chief executive officer owned 343,038 shares in the company, valued at $43,370,294.34. This represents a 0.83% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Zscaler Trading Up 0.4%

NASDAQ ZS opened at $124.85 on Friday. The stock has a market cap of $20.19 billion, a P/E ratio of -260.10, a PEG ratio of 77.77 and a beta of 0.97. The company’s fifty day simple moving average is $141.51 and its 200-day simple moving average is $173.33. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.72. Zscaler, Inc. has a 52 week low of $114.63 and a 52 week high of $336.99.

Zscaler (NASDAQ:ZS – Get Free Report) last released its quarterly 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 for the quarter, compared to the consensus estimate of $835.14 million. During the same quarter in the previous year, the firm posted $0.84 EPS. The firm’s quarterly 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. Equities research analysts predict that Zscaler, Inc. will post 0.11 EPS for the current fiscal year.

Zscaler News Roundup

Here are the key news stories impacting Zscaler this week:

Positive Sentiment: Zscaler unveiled new zero-trust tools designed to monitor and secure AI agent workflows, reinforcing its position in a fast-growing cybersecurity niche and supporting the company’s long-term growth story. Zscaler introduces new zero trust tools to monitor and secure AI agent workflows
Positive Sentiment: Commentary around AI agents and cybersecurity framed Zscaler as a potential winner from the shift toward AI-powered security spending, which may help sentiment on the stock. AI agents are changing cybersecurity forever. Zscaler is positioning itself to win big.
Neutral Sentiment: Several insider sales were disclosed, including by the CEO, CFO, and a director, but the filings say the trades were tied to pre-arranged plans and tax withholding related to equity vesting, which limits the signal of bearish insider sentiment.
Neutral Sentiment: Analyst commentary remains mixed, with some media asking whether it is time to cash out, while other reports still point to upside potential; this helps explain why shares may be volatile rather than moving on a single clear catalyst. Is it time to cash out of Zscaler?
Negative Sentiment: Two shareholder-law firms, Pomerantz and Schall, announced investigations into possible securities-law issues at Zscaler, adding legal overhang and investor caution even though no wrongdoing has been proven.

Institutional Investors Weigh In On Zscaler

Several large investors have recently made changes to their positions in ZS. Integrated Wealth Concepts LLC grew its holdings in Zscaler by 19.9% in the 1st quarter. Integrated Wealth Concepts LLC now owns 1,439 shares of the company’s stock worth $285,000 after buying an additional 239 shares in the last quarter. NewEdge Advisors LLC increased its position in Zscaler by 8.2% in the 1st quarter. NewEdge Advisors LLC now owns 4,899 shares of the company’s stock valued at $972,000 after acquiring an additional 370 shares during the period. Empowered Funds LLC raised its stake 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 acquiring an additional 238 shares in the last quarter. Sivia Capital Partners LLC bought a new stake in Zscaler during the 2nd quarter valued at $252,000. Finally, Jump Financial LLC acquired a new position in Zscaler during the 2nd quarter worth $3,019,000. Institutional investors and hedge funds own 46.45% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on ZS. FBN Securities restated an “outperform” rating and set a $175.00 price objective on shares of Zscaler in a research note on Wednesday, May 27th. Sanford C. Bernstein reduced their price target on shares of Zscaler from $228.00 to $224.00 and set an “outperform” rating on the stock in a research report on Wednesday, May 27th. Canaccord Genuity Group reaffirmed a “buy” rating and issued a $210.00 price target on shares of Zscaler in a report on Thursday, June 11th. Truist Financial set a $210.00 price objective on shares of Zscaler in a research report on Wednesday, May 27th. Finally, Berenberg Bank set a $200.00 target price on shares of Zscaler in a report on Thursday, May 28th. 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 stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $214.33.

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Zscaler Company Profile

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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.