Robert Schlossman Sells 3,832 Shares of Zscaler (NASDAQ:ZS) Stock

Zscaler, Inc. (NASDAQ:ZS) insider Robert Schlossman sold 3,832 shares of the company’s stock in a transaction that occurred on Tuesday, September 16th. The stock was sold at an average price of $280.70, for a total transaction of $1,075,642.40. Following the sale, the insider directly owned 83,138 shares of the company’s stock, valued at approximately $23,336,836.60. This trade represents a 4.41% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

Zscaler Stock Performance

Shares of Zscaler stock opened at $291.11 on Friday. The company has a 50 day moving average of $280.30 and a 200-day moving average of $256.18. Zscaler, Inc. has a 1-year low of $164.78 and a 1-year high of $318.46. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.95. The company has a market cap of $46.08 billion, a PE ratio of -1,078.19 and a beta of 1.05.

Zscaler (NASDAQ:ZS) last issued its quarterly earnings results on Tuesday, September 2nd. The company reported $0.89 earnings per share for the quarter, topping analysts’ consensus estimates of $0.80 by $0.09. Zscaler had a negative net margin of 1.55% and a negative return on equity of 0.47%. The company had revenue of $719.23 million during the quarter, compared to the consensus estimate of $707.15 million. During the same quarter in the prior year, the firm posted $0.88 EPS. The firm’s quarterly revenue was up 21.3% on a year-over-year basis. Zscaler has set its FY 2026 guidance at 3.640-3.680 EPS. Q1 2026 guidance at 0.850-0.860 EPS. As a group, equities research analysts forecast that Zscaler, Inc. will post -0.1 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Zscaler

Several institutional investors and hedge funds have recently added to or reduced their stakes in ZS. T. Rowe Price Investment Management Inc. acquired a new position in Zscaler in the 1st quarter valued at approximately $516,622,000. Federated Hermes Inc. increased its position in Zscaler by 314.0% in the 2nd quarter. Federated Hermes Inc. now owns 1,171,983 shares of the company’s stock valued at $367,932,000 after acquiring an additional 888,888 shares during the period. Vanguard Group Inc. increased its position in Zscaler by 8.3% in the 2nd quarter. Vanguard Group Inc. now owns 10,715,132 shares of the company’s stock valued at $3,363,909,000 after acquiring an additional 824,626 shares during the period. Nuveen LLC acquired a new position in Zscaler in the 1st quarter valued at approximately $153,340,000. Finally, Goldman Sachs Group Inc. increased its position in Zscaler by 23.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 3,048,238 shares of the company’s stock valued at $604,831,000 after acquiring an additional 578,883 shares during the period. 46.45% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

ZS has been the subject of several research reports. Cantor Fitzgerald reissued an “overweight” rating and issued a $340.00 price objective on shares of Zscaler in a research note on Wednesday, September 3rd. FBN Securities raised shares of Zscaler to a “strong-buy” rating in a research note on Friday, May 30th. Morgan Stanley raised shares of Zscaler from an “equal weight” rating to an “overweight” rating and increased their price objective for the company from $280.00 to $320.00 in a research note on Tuesday, September 2nd. Evercore ISI increased their price objective on shares of Zscaler from $290.00 to $320.00 and gave the company an “outperform” rating in a research note on Wednesday, September 3rd. Finally, Rosenblatt Securities increased their price objective on shares of Zscaler from $315.00 to $330.00 and gave the company a “buy” rating in a research note on Wednesday, September 3rd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $307.00.

Zscaler Company Profile

Zscaler, Inc operates as a cloud security company worldwide. The company offers Zscaler Internet Access solution that provides users, workloads, IoT, and OT devices secure access to externally managed applications, including software-as-a-service (SaaS) applications and internet destinations; and Zscaler Private Access solution, which is designed to provide access to managed applications hosted internally in data centers, and private or public clouds.