Insider Selling: Zscaler (NASDAQ:ZS) Insider Sells $377,119.80 in Stock

Zscaler, Inc. (NASDAQ:ZS) insider Adam Geller sold 1,620 shares of Zscaler stock in a transaction on Wednesday, December 17th. The shares were sold at an average price of $232.79, for a total value of $377,119.80. Following the sale, the insider directly owned 50,528 shares of the company’s stock, valued at approximately $11,762,413.12. The trade was a 3.11% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Adam Geller also recently made the following trade(s):

• On Tuesday, December 16th, Adam Geller sold 2,060 shares of Zscaler stock. The stock was sold at an average price of $230.82, for a total value of $475,489.20.

Zscaler Stock Up 0.6%

Shares of Zscaler stock opened at $232.55 on Friday. The firm has a market cap of $37.08 billion, a price-to-earnings ratio of -894.39 and a beta of 1.07. The stock has a 50-day simple moving average of $285.19 and a 200-day simple moving average of $289.24. Zscaler, Inc. has a 52-week low of $164.78 and a 52-week high of $336.99. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.82 and a quick ratio of 1.82.

Zscaler (NASDAQ:ZS) last released its quarterly earnings data on Tuesday, November 25th. The company reported $0.96 EPS for the quarter, topping analysts’ consensus estimates of $0.85 by $0.11. The firm had revenue of $788.11 million for the quarter, compared to the consensus estimate of $773.86 million. Zscaler had a negative return on equity of 0.12% and a negative net margin of 1.45%.The firm’s revenue was up 25.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.77 earnings per share. Zscaler has set its FY 2026 guidance at 3.780-3.820 EPS and its Q2 2026 guidance at 0.890-0.900 EPS. On average, equities research analysts expect that Zscaler, Inc. will post -0.1 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have commented on the stock. Canaccord Genuity Group increased their target price on shares of Zscaler from $320.00 to $340.00 and gave the stock a “buy” rating in a research report on Thursday, September 4th. Robert W. Baird increased their price objective on Zscaler from $350.00 to $360.00 and gave the company an “outperform” rating in a report on Wednesday, November 26th. BMO Capital Markets boosted their target price on Zscaler from $295.00 to $315.00 and gave the stock an “outperform” rating in a report on Wednesday, September 3rd. HC Wainwright reaffirmed a “buy” rating on shares of Zscaler in a research report on Wednesday, November 26th. Finally, Cantor Fitzgerald reissued an “overweight” rating on shares of Zscaler in a research report on Wednesday, November 26th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $322.66.

Hedge Funds Weigh In On Zscaler

Several large investors have recently bought and sold shares of ZS. Vanguard Group Inc. grew its position in Zscaler by 6.1% in the 3rd quarter. Vanguard Group Inc. now owns 11,367,903 shares of the company’s stock worth $3,406,506,000 after purchasing an additional 652,771 shares during the last quarter. Groupama Asset Managment raised its position in shares of Zscaler by 76,352.6% during the third quarter. Groupama Asset Managment now owns 4,750,000 shares of the company’s stock valued at $1,423,385,000 after buying an additional 4,743,787 shares during the last quarter. T. Rowe Price Investment Management Inc. bought a new stake in shares of Zscaler in the first quarter valued at about $516,622,000. State Street Corp grew its position in Zscaler by 4.5% during the third quarter. State Street Corp now owns 2,259,804 shares of the company’s stock worth $677,173,000 after buying an additional 97,366 shares in the last quarter. Finally, First Trust Advisors LP increased its stake in Zscaler by 9.5% during the third quarter. First Trust Advisors LP now owns 2,228,134 shares of the company’s stock valued at $667,682,000 after acquiring an additional 193,281 shares during the period. 46.45% of the stock is currently owned by institutional investors and hedge funds.

Zscaler Company Profile

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.