Adam Geller Sells 2,817 Shares of Zscaler (NASDAQ:ZS) Stock

Zscaler, Inc. (NASDAQ:ZS) insider Adam Geller sold 2,817 shares of Zscaler stock in a transaction dated Monday, June 22nd. The stock was sold at an average price of $122.60, for a total transaction of $345,364.20. Following the completion of the transaction, the insider owned 42,314 shares of the company’s stock, valued at $5,187,696.40. The trade was a 6.24% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Tuesday, June 16th, Adam Geller sold 1,940 shares of Zscaler stock. The shares were sold at an average price of $126.43, for a total transaction of $245,274.20.

Zscaler Stock Performance

ZS traded up $2.11 on Tuesday, hitting $126.17. The company’s stock had a trading volume of 2,337,850 shares, compared to its average volume of 3,706,452. The company’s 50 day simple moving average is $141.29 and its 200-day simple moving average is $171.66. The firm has a market cap of $20.40 billion, a P/E ratio of -262.85, a price-to-earnings-growth ratio of 78.06 and a beta of 0.97. Zscaler, Inc. has a 12 month low of $114.63 and a 12 month high of $336.99. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.72.

Zscaler (NASDAQ:ZS) last issued its earnings results on Tuesday, May 26th. The company reported $1.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.01 by $0.07. The business 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 business’s revenue for the quarter was up 25.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.84 EPS. Zscaler has set its Q4 2026 guidance at 1.080-1.090 EPS and its FY 2026 guidance at 4.100-4.110 EPS. Analysts forecast that Zscaler, Inc. will post 0.11 EPS for the current year.

Hedge Funds Weigh In On Zscaler

Institutional investors have recently added to or reduced their stakes in the business. Westpac Banking Corp grew its position in shares of Zscaler by 919.0% in the 3rd quarter. Westpac Banking Corp now owns 9,986 shares of the company’s stock worth $2,992,000 after buying an additional 9,006 shares during the last quarter. Korea Investment CORP raised its holdings in shares of Zscaler by 24.0% during the third quarter. Korea Investment CORP now owns 98,370 shares of the company’s stock valued at $29,478,000 after acquiring an additional 19,026 shares in the last quarter. Qsemble Capital Management LP raised its holdings in shares of Zscaler by 105.5% during the fourth quarter. Qsemble Capital Management LP now owns 15,773 shares of the company’s stock valued at $3,548,000 after acquiring an additional 8,099 shares in the last quarter. Oxbow Advisors LLC purchased a new stake in Zscaler in the fourth quarter worth $2,939,000. Finally, Vinva Investment Management Ltd lifted its stake in Zscaler by 136.1% in the third quarter. Vinva Investment Management Ltd now owns 11,347 shares of the company’s stock worth $3,400,000 after acquiring an additional 6,541 shares during the period. 46.45% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

ZS has been the topic of a number of recent research reports. Royal Bank Of Canada reissued an “outperform” rating and set a $200.00 price objective on shares of Zscaler in a report on Wednesday, June 10th. Scotiabank decreased their price target on Zscaler from $190.00 to $175.00 and set a “sector outperform” rating on the stock in a research report on Wednesday, May 27th. Citigroup reissued a “market outperform” rating on shares of Zscaler in a report on Wednesday, May 27th. Citizens Jmp cut their price objective on shares of Zscaler from $290.00 to $210.00 and set a “market outperform” rating for the company in a research report on Friday, May 1st. Finally, Barclays reduced their price objective on shares of Zscaler from $180.00 to $170.00 and set an “overweight” rating for the company in a research note on Wednesday, May 27th. Thirty-four research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Zscaler currently has a consensus rating of “Moderate Buy” and an average price target of $214.33.

About Zscaler

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.