Zscaler, Inc. (NASDAQ:ZS – Get Free Report) Director James Beer sold 177 shares of the firm’s stock in a transaction that occurred on Wednesday, June 17th. The stock was sold at an average price of $125.50, for a total value of $22,213.50. Following the sale, the director directly owned 4,207 shares of the company’s stock, valued at $527,978.50. This represents a 4.04% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Zscaler Trading Down 2.2%
Shares of ZS stock traded down $2.85 on Wednesday, reaching $124.38. 3,115,502 shares of the company’s stock were exchanged, compared to its average volume of 7,138,735. 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 company’s fifty day simple moving average is $141.85 and its 200 day simple moving average is $174.22. The stock has a market capitalization of $20.11 billion, a PE ratio of -259.12, a P/E/G ratio of 79.55 and a beta of 0.97. Zscaler, Inc. has a 52 week low of $114.63 and a 52 week high of $336.99.
Zscaler (NASDAQ:ZS – Get Free Report) last issued its earnings results on Tuesday, May 26th. The company reported $1.08 earnings per share for the quarter, beating analysts’ consensus estimates of $1.01 by $0.07. The business had revenue of $850.48 million during the quarter, compared to analyst estimates of $835.14 million. Zscaler had a negative return on equity of 0.37% and a negative net margin of 2.44%.Zscaler’s revenue was up 25.4% on a year-over-year basis. During the same period in the previous year, the company 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. As a group, analysts forecast that Zscaler, Inc. will post 0.11 EPS for the current year.
Hedge Funds Weigh In On Zscaler
Zscaler News Roundup
Here are the key news stories impacting Zscaler this week:
- Positive Sentiment: Robert W. Baird reiterated a Buy rating on Zscaler and set a $230 price target, implying substantial upside from current levels. Short Sellers May Regret Shorting ZScaler (ZS) As One Analyst Points To 79% Upside
- Positive Sentiment: Zscaler said it expanded Project AI-Guardian with major technology alliance partners, a move that supports its product ecosystem and could help long-term growth. Zscaler (ZS) Adds Major Tech Partners to Project AI-Guardian
- Neutral Sentiment: Jim Cramer said SaaS names like Zscaler have fallen out of favor on Wall Street, which highlights weak sentiment toward the sector but does not change fundamentals directly. Jim Cramer Says SaaS Companies Like Zscaler “Have Fallen Viciously Out of Favor on Wall Street”
- Negative Sentiment: The Schall Law Firm and Pomerantz LLP both announced investigations into Zscaler over possible securities-law violations, adding legal overhang for the stock. ZS Investors Have Opportunity to Join Zscaler, Inc. Fraud Investigation with the Schall Law Firm
- Negative Sentiment: Several executives and directors, including the CEO, CFO, and other insiders, disclosed stock sales. While most were tied to tax withholding or pre-arranged plans, multiple sales in one day can still weigh on investor sentiment. SEC filing for CEO sale
Analysts Set New Price Targets
ZS has been the subject of a number of research analyst reports. Piper Sandler decreased their target price on Zscaler from $185.00 to $160.00 and set a “neutral” rating for the company in a research report on Wednesday, May 27th. Wolfe Research reaffirmed an “outperform” rating and set a $150.00 target price on shares of Zscaler in a research report on Thursday, June 11th. Wedbush reaffirmed an “outperform” rating and set a $220.00 target price on shares of Zscaler in a research report on Wednesday, June 10th. HC Wainwright raised Zscaler from a “buy” rating to a “buy” rating in a research report on Monday, May 18th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $180.00 target price on shares of Zscaler in a research report on Wednesday, June 10th. Thirty-four equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Zscaler currently has a consensus rating of “Moderate Buy” and a consensus price target of $214.33.
Check Out Our Latest Report on Zscaler
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.
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