Zscaler (NASDAQ:ZS) Insider Sells 1,041 Shares of Company Stock

Zscaler, Inc. (NASDAQ:ZS) insider Adam Geller sold 1,041 shares of the firm’s stock in a transaction on Monday, November 2nd. The shares were sold at an average price of $238.00, for a total transaction of $247,758.00. Following the completion of the transaction, the insider directly owned 58,167 shares in the company, valued at approximately $13,843,746. This represents a 1.76% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Friday, October 9th, Adam Geller sold 23,958 shares of Zscaler stock. The shares were sold at an average price of $225.43, for a total transaction of $5,400,851.94.
• On Monday, October 12th, Adam Geller sold 1,042 shares of Zscaler stock. The shares were sold at an average price of $235.95, for a total transaction of $245,859.90.
• On Monday, September 21st, Adam Geller sold 661 shares of Zscaler stock. The stock was sold at an average price of $200.00, for a total value of $132,200.00.
• On Thursday, September 17th, Adam Geller sold 4,584 shares of Zscaler stock. The shares were sold at an average price of $192.01, for a total transaction of $880,173.84.
• On Wednesday, September 16th, Adam Geller sold 5,578 shares of Zscaler stock. The stock was sold at an average price of $192.76, for a total transaction of $1,075,215.28.

Zscaler Stock Up 0.6%

NASDAQ ZS traded up $1.30 on Tuesday, hitting $225.09. 1,584,404 shares of the stock traded hands, compared to its average volume of 3,307,950. The stock has a 50-day moving average of $205.03 and a 200 day moving average of $167.64. Zscaler, Inc. has a twelve month low of $114.63 and a twelve month high of $335.70. The company has a market capitalization of $36.70 billion, a P/E ratio of -577.15, a price-to-earnings-growth ratio of 24.32 and a beta of 0.94. The company has a current ratio of 1.70, a quick ratio of 1.70 and a debt-to-equity ratio of 0.65.

Zscaler (NASDAQ:ZS) last posted its quarterly earnings results on Thursday, September 3rd. The company reported $1.19 earnings per share (EPS) for the quarter, beating the consensus estimate 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 business had revenue of $898.19 million for the quarter, compared to analyst estimates of $876.96 million. During the same period in the prior year, the company posted $0.89 EPS. The business’s revenue was up 24.9% compared to the same quarter last year. Zscaler has set its FY 2027 guidance at 4.860-4.900 EPS and its Q1 2027 guidance at 1.150-1.160 EPS. As a group, analysts expect that Zscaler, Inc. will post 0.70 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Zscaler

Large investors have recently bought and sold shares of the business. Burkett Financial Services LLC acquired a new stake in Zscaler in the 3rd quarter worth approximately $27,000. Activest Wealth Management grew its holdings in Zscaler by 1,281.8% during the third quarter. Activest Wealth Management now owns 152 shares of the company’s stock valued at $30,000 after purchasing an additional 141 shares during the last quarter. POM Investment Strategies LLC raised its position in shares of Zscaler by 92.9% in the second quarter. POM Investment Strategies LLC now owns 218 shares of the company’s stock valued at $31,000 after purchasing an additional 105 shares during the period. Elevation Wealth Partners LLC raised its position in shares of Zscaler by 84.3% in the third quarter. Elevation Wealth Partners LLC now owns 153 shares of the company’s stock valued at $31,000 after purchasing an additional 70 shares during the period. Finally, Fortitude Family Office LLC lifted its stake in shares of Zscaler by 2,466.7% in the third quarter. Fortitude Family Office LLC now owns 154 shares of the company’s stock worth $31,000 after buying an additional 148 shares during the last quarter. 46.45% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on ZS. Stephens boosted their price objective on Zscaler from $225.00 to $265.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 7th. BTIG Research restated a “neutral” rating on shares of Zscaler in a research report on Wednesday, October 7th. Rosenblatt Securities set a $250.00 price objective on shares of Zscaler in a research note on Wednesday, October 7th. KeyCorp increased their target price on Zscaler from $185.00 to $210.00 and gave the company an “overweight” rating in a report on Friday, August 21st. Finally, DA Davidson started coverage on shares of Zscaler in a research report on Wednesday, October 21st. They set a “neutral” rating and a $215.00 price objective on the stock. Thirty-six analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Zscaler currently has an average rating of “Moderate Buy” and an average price target of $236.65.

Zscaler Company Profile

Zscaler, Inc is a cloud-based cybersecurity company that helps organizations secure access to applications, websites, data and other digital resources. Its platform is designed around a zero-trust security model, which verifies users and devices and enforces security policies before granting access, rather than relying primarily on a traditional corporate network perimeter.

The company’s offerings include Zscaler Internet Access, which provides secure access to internet and software-as-a-service applications, and Zscaler Private Access, which enables secure access to private applications without extending an organization’s network to users.