Robert Schlossman Sells 3,146 Shares of Zscaler (NASDAQ:ZS) Stock

Zscaler, Inc. (NASDAQ:ZS) insider Robert Schlossman sold 3,146 shares of the firm’s stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $126.43, for a total value of $397,748.78. Following the transaction, the insider directly owned 69,366 shares in the company, valued at $8,769,943.38. This trade represents a 4.34% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Zscaler Stock Performance

ZS stock opened at $124.85 on Friday. The company has a market capitalization of $20.19 billion, a P/E ratio of -260.10, a PEG ratio of 77.77 and a beta of 0.97. The company has a 50-day simple moving average of $141.51 and a 200 day simple moving average of $173.33. Zscaler, Inc. has a fifty-two week low of $114.63 and a fifty-two week 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 announced 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. Zscaler had a negative net margin of 2.44% and a negative return on equity of 0.37%. The firm had revenue of $850.48 million during the quarter, compared to analyst estimates of $835.14 million. During the same quarter in the prior year, the firm posted $0.84 EPS. Zscaler’s revenue was up 25.4% compared to the same quarter last year. Zscaler has set its Q4 2026 guidance at 1.080-1.090 EPS and its FY 2026 guidance at 4.100-4.110 EPS. Sell-side analysts predict that Zscaler, Inc. will post 0.11 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Zscaler

Hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. lifted its holdings in shares of Zscaler by 0.5% during the fourth quarter. Vanguard Group Inc. now owns 11,423,424 shares of the company’s stock valued at $2,569,357,000 after purchasing an additional 55,521 shares during the last quarter. Groupama Asset Managment raised its holdings in Zscaler by 76,352.6% during the 3rd quarter. Groupama Asset Managment now owns 4,750,000 shares of the company’s stock worth $1,423,385,000 after buying an additional 4,743,787 shares during the period. First Trust Advisors LP lifted its stake in Zscaler by 36.2% during the first quarter. First Trust Advisors LP now owns 3,518,678 shares of the company’s stock valued at $493,635,000 after buying an additional 935,781 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its stake in Zscaler by 43.3% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 2,572,358 shares of the company’s stock valued at $578,576,000 after buying an additional 777,414 shares in the last quarter. Finally, State Street Corp boosted its holdings in shares of Zscaler by 3.4% in the fourth quarter. State Street Corp now owns 2,337,604 shares of the company’s stock worth $525,774,000 after buying an additional 77,800 shares during the period. 46.45% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on ZS. Rosenblatt Securities restated a “buy” rating and issued a $200.00 target price on shares of Zscaler in a research report on Wednesday, June 10th. Morgan Stanley dropped their price objective on Zscaler from $155.00 to $145.00 and set an “equal weight” rating on the stock in a research note on Wednesday, May 27th. Guggenheim reaffirmed a “buy” rating and set a $214.00 target price on shares of Zscaler in a research note on Wednesday, June 10th. HC Wainwright raised Zscaler from a “buy” rating to a “buy” rating in a report on Monday, May 18th. Finally, BMO Capital Markets dropped their price target on shares of Zscaler from $210.00 to $178.00 and set an “outperform” rating on the stock in a research report 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 assigned a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $214.33.

Key Headlines Impacting Zscaler

Here are the key news stories impacting Zscaler this week:

• Positive Sentiment: Zscaler unveiled new zero-trust tools designed to monitor and secure AI agent workflows, reinforcing its position in a fast-growing cybersecurity niche and supporting the company’s long-term growth story. Zscaler introduces new zero trust tools to monitor and secure AI agent workflows
• Positive Sentiment: Commentary around AI agents and cybersecurity framed Zscaler as a potential winner from the shift toward AI-powered security spending, which may help sentiment on the stock. AI agents are changing cybersecurity forever. Zscaler is positioning itself to win big.
• Neutral Sentiment: Several insider sales were disclosed, including by the CEO, CFO, and a director, but the filings say the trades were tied to pre-arranged plans and tax withholding related to equity vesting, which limits the signal of bearish insider sentiment.
• Neutral Sentiment: Analyst commentary remains mixed, with some media asking whether it is time to cash out, while other reports still point to upside potential; this helps explain why shares may be volatile rather than moving on a single clear catalyst. Is it time to cash out of Zscaler?
• Negative Sentiment: Two shareholder-law firms, Pomerantz and Schall, announced investigations into possible securities-law issues at Zscaler, adding legal overhang and investor caution even though no wrongdoing has been proven.

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.