Zscaler (NASDAQ:ZS) Director James Beer Sells 177 Shares

Zscaler, Inc. (NASDAQ:ZS) Director James Beer sold 177 shares of the company’s stock in a transaction dated Wednesday, June 17th. The shares were sold at an average price of $125.50, for a total transaction of $22,213.50. Following the completion of the sale, the director directly owned 4,207 shares in the company, valued at approximately $527,978.50. The trade was a 4.04% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Zscaler Price Performance

Shares of Zscaler stock opened at $124.38 on Thursday. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.72. The stock has a market capitalization of $20.11 billion, a price-to-earnings ratio of -259.12, a P/E/G ratio of 79.55 and a beta of 0.97. Zscaler, Inc. has a 1-year low of $114.63 and a 1-year high of $336.99. The firm’s 50-day moving average price is $141.85 and its two-hundred day moving average price is $174.22.

Zscaler (NASDAQ:ZS) last issued its quarterly earnings data on Tuesday, May 26th. The company reported $1.08 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.07. The firm had revenue of $850.48 million for the quarter, compared to analysts’ expectations of $835.14 million. Zscaler had a negative net margin of 2.44% and a negative return on equity of 0.37%. The company’s quarterly revenue was up 25.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $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. On average, equities analysts predict that Zscaler, Inc. will post 0.11 earnings per share for the current fiscal year.

Key Headlines Impacting Zscaler

Here are the key news stories impacting Zscaler this week:

• Positive Sentiment: Wall Street sentiment remains constructive, with Robert W. Baird reiterating a Buy rating and setting a $230 price target, implying significant upside from current levels. Short Sellers May Regret Shorting ZScaler (ZS) As One Analyst Points To 79% Upside
• Positive Sentiment: Zscaler also recently expanded Project AI-Guardian by adding major technology partners, which could support product adoption and platform reach over time. Zscaler (ZS) Adds Major Tech Partners to Project AI-Guardian
• Neutral Sentiment: A media discussion from Jim Cramer noted that SaaS names like Zscaler have fallen out of favor on Wall Street, but also highlighted the company in the context of broader software market rotation. Jim Cramer Says SaaS Companies Like Zscaler “Have Fallen Viciously Out of Favor on Wall Street”
• Neutral Sentiment: Several insiders, including the CEO, CFO, a director, and other executives, sold shares, but the filings say the trades were largely tied to equity award vesting and tax obligations, which often reduces concern about insider sentiment. CFO Kevin Rubin SEC filing
• Neutral Sentiment: Law firms Schall and Pomerantz announced investigations into possible securities-law issues, which may keep investor caution elevated, but no wrongdoing has been established. ZS Investors Have Opportunity to Join Zscaler, Inc. Fraud Investigation with the Schall Law Firm

Wall Street Analyst Weigh In

Several analysts have weighed in on ZS shares. Guggenheim reaffirmed a “buy” rating and set a $214.00 price objective on shares of Zscaler in a research note on Wednesday, June 10th. The Goldman Sachs Group reiterated a “neutral” rating and set a $179.00 price target on shares of Zscaler in a research report on Wednesday, May 27th. JPMorgan Chase & Co. decreased their price objective on shares of Zscaler from $250.00 to $205.00 and set an “overweight” rating on the stock in a report on Wednesday, May 27th. Wolfe Research reissued an “outperform” rating and set a $150.00 price objective on shares of Zscaler in a report on Thursday, June 11th. Finally, Zacks Research raised shares of Zscaler from a “strong sell” rating to a “hold” rating in a report on Wednesday, May 27th. Thirty-four equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $214.33.

Hedge Funds Weigh In On Zscaler

A number of large investors have recently modified their holdings of ZS. Goldstream Capital Management Ltd lifted its holdings in Zscaler by 0.3% in the third quarter. Goldstream Capital Management Ltd now owns 12,450 shares of the company’s stock valued at $3,731,000 after buying an additional 34 shares during the period. Kentucky Retirement Systems Insurance Trust Fund lifted its holdings in Zscaler by 1.4% in the third quarter. Kentucky Retirement Systems Insurance Trust Fund now owns 2,569 shares of the company’s stock valued at $770,000 after buying an additional 36 shares during the period. Advisor OS LLC lifted its holdings in Zscaler by 4.6% in the third quarter. Advisor OS LLC now owns 879 shares of the company’s stock valued at $263,000 after buying an additional 39 shares during the period. Parallel Advisors LLC lifted its holdings in Zscaler by 10.9% in the third quarter. Parallel Advisors LLC now owns 397 shares of the company’s stock valued at $119,000 after buying an additional 39 shares during the period. Finally, Smartleaf Asset Management LLC lifted its holdings in Zscaler by 7.5% in the second quarter. Smartleaf Asset Management LLC now owns 648 shares of the company’s stock valued at $204,000 after buying an additional 45 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.