Zscaler (NASDAQ:ZS) CFO Kevin Rubin Sells 5,957 Shares of Stock

Posted by Geri Gentry on Sep 18th, 2026

Zscaler, Inc. (NASDAQ:ZS – Get Free Report) CFO Kevin Rubin sold 5,957 shares of Zscaler stock in a transaction dated Wednesday, September 16th. The shares were sold at an average price of $192.76, for a total value of $1,148,271.32. Following the completion of the transaction, the chief financial officer owned 43,287 shares of the company’s stock, valued at approximately $8,344,002.12. This represents a 12.10% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Kevin Rubin also recently made the following trade(s):

On Tuesday, August 25th, Kevin Rubin sold 503 shares of Zscaler stock. The stock was sold at an average price of $173.38, for a total value of $87,210.14.
On Monday, July 27th, Kevin Rubin sold 503 shares of Zscaler stock. The shares were sold at an average price of $147.12, for a total value of $74,001.36.
On Thursday, June 25th, Kevin Rubin sold 3,000 shares of Zscaler stock. The shares were sold at an average price of $124.22, for a total value of $372,660.00.

Zscaler Stock Up 3.1%

Zscaler stock opened at $197.47 on Friday. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.70 and a quick ratio of 1.70. The stock has a market capitalization of $32.20 billion, a PE ratio of -506.33, a price-to-earnings-growth ratio of 23.05 and a beta of 0.95. The business has a 50 day simple moving average of $167.06 and a 200-day simple moving average of $151.50. Zscaler, Inc. has a 12 month low of $114.63 and a 12 month high of $336.99.

Zscaler (NASDAQ:ZS – Get Free Report) last announced its earnings results on Thursday, September 3rd. The company reported $1.19 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $898.19 million for the quarter, compared to analyst estimates of $876.96 million. During the same quarter last year, the firm posted $0.89 EPS. The business’s revenue was up 24.9% on a year-over-year basis. Zscaler has set its FY 2027 guidance at 4.860-4.900 EPS and its Q1 2027 guidance at 1.150-1.160 EPS. On average, analysts anticipate that Zscaler, Inc. will post 0.61 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on ZS shares. Wedbush started coverage on shares of Zscaler in a research report on Friday, September 11th. They issued an “outperform” rating and a $215.00 target price on the stock. BTIG Research restated a “neutral” rating on shares of Zscaler in a research report on Friday, September 4th. Guggenheim reaffirmed a “buy” rating and issued a $214.00 price target on shares of Zscaler in a research note on Friday, September 4th. Sanford C. Bernstein lifted their price objective on Zscaler from $224.00 to $298.00 and gave the stock an “outperform” rating in a report on Thursday. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Zscaler in a report on Friday, September 4th. Thirty-four research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $218.38.

View Our Latest Analysis on ZS

More Zscaler News

Here are the key news stories impacting Zscaler this week:

Positive Sentiment: Options traders purchased a large volume of Zscaler call options, signaling bullish positioning and expectations for additional share-price strength. Traders Purchase Large Volume of Call Options on Zscaler
Positive Sentiment: Recent earnings momentum remains supportive: Zscaler exceeded quarterly EPS and revenue estimates, with revenue rising 24.9% year over year. The company is also expanding beyond its traditional seat-based business into data security and security for artificial intelligence. Q2 Earnings Highlights: Zscaler Vs. The Rest of the Cybersecurity Stocks
Positive Sentiment: Zscaler is being highlighted as a strong momentum stock, which may attract additional technical and style-focused investors as shares trade well above their longer-term moving averages. Why Zscaler Is a Strong Momentum Stock
Neutral Sentiment: Six company insiders, including the CEO and CFO, reported sales totaling approximately 21,473 shares and $4.1 million. Most sales were conducted under Rule 10b5-1 plans or to cover tax withholding on vested equity, reducing their value as a direct bearish signal. Zscaler Insider Transaction Filing
Negative Sentiment: Analysts and investors are increasingly focused on decelerating annual recurring revenue growth. Although Zscaler’s broader growth engine remains strong, slower ARR could pressure the valuation of the high-growth cybersecurity stock. Zscaler Growth Engine Is Strong, But Slowing ARR Could Pressure the Stock

Institutional Investors Weigh In On Zscaler

A number of hedge funds have recently modified their holdings of ZS. University of Texas Texas AM Investment Management Co. acquired a new position in Zscaler in the 4th quarter valued at about $30,000. POM Investment Strategies LLC grew its stake in shares of Zscaler by 92.9% in the second quarter. POM Investment Strategies LLC now owns 218 shares of the company’s stock worth $31,000 after acquiring an additional 105 shares in the last quarter. Western Wealth Management LLC acquired a new position in shares of Zscaler in the first quarter worth $33,000. Reflection Asset Management purchased a new stake in shares of Zscaler during the fourth quarter worth $40,000. Finally, Continuum Advisory LLC purchased a new stake in shares of Zscaler during the second quarter worth $43,000. 46.45% of the stock is currently owned by institutional investors and hedge funds.

Zscaler Company Profile

(Get Free Report)

Zscaler, Inc is a cloud-native cybersecurity company that provides security services designed to help organizations connect users, devices, applications and workloads securely over the internet. Its platform is built around a zero-trust security model, which verifies access based on identity, context and policy rather than relying primarily on a traditional corporate network perimeter.

The company’s offerings include Zscaler Internet Access, which secures access to internet and software-as-a-service applications, and Zscaler Private Access, which provides secure, policy-based access to private applications without requiring conventional virtual private networks.