Robert Schlossman Sells 7,006 Shares of Zscaler (NASDAQ:ZS) Stock

Zscaler, Inc. (NASDAQ:ZS) insider Robert Schlossman sold 7,006 shares of the stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $305.57, for a total transaction of $2,140,823.42. Following the transaction, the insider directly owned 76,132 shares in the company, valued at $23,263,655.24. The trade was a 8.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Robert Schlossman also recently made the following trade(s):

• On Tuesday, September 16th, Robert Schlossman sold 3,832 shares of Zscaler stock. The stock was sold at an average price of $280.70, for a total value of $1,075,642.40.

Zscaler Stock Performance

ZS opened at $305.41 on Friday. The company has a debt-to-equity ratio of 0.95, a quick ratio of 2.01 and a current ratio of 2.01. The company has a market cap of $48.35 billion, a PE ratio of -1,131.15 and a beta of 1.06. The stock has a 50-day moving average of $282.18 and a 200-day moving average of $263.56. Zscaler, Inc. has a 52-week low of $164.78 and a 52-week high of $318.46.

Zscaler (NASDAQ:ZS) last issued its quarterly earnings data on Tuesday, September 2nd. The company reported $0.89 earnings per share for the quarter, beating analysts’ consensus estimates of $0.80 by $0.09. The business had revenue of $719.23 million for the quarter, compared to the consensus estimate of $707.15 million. Zscaler had a negative return on equity of 0.47% and a negative net margin of 1.55%.The firm’s revenue was up 21.3% compared to the same quarter last year. During the same period last year, the business earned $0.88 EPS. 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.

Analyst Ratings Changes

A number of research analysts recently issued reports on ZS shares. Royal Bank Of Canada raised their target price on shares of Zscaler from $335.00 to $350.00 and gave the company an “outperform” rating in a research note on Thursday. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $340.00 price target on shares of Zscaler in a research report on Wednesday, September 3rd. Rosenblatt Securities lifted their price objective on Zscaler from $315.00 to $330.00 and gave the stock a “buy” rating in a research note on Wednesday, September 3rd. Piper Sandler increased their target price on Zscaler from $260.00 to $280.00 and gave the company a “neutral” rating in a research note on Wednesday, September 3rd. Finally, Wall Street Zen raised Zscaler from a “hold” rating to a “buy” rating in a research report on Sunday, September 7th. 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 two have given a Sell rating to the stock. Based on data from MarketBeat.com, Zscaler has a consensus rating of “Moderate Buy” and a consensus price target of $307.43.

Institutional Investors Weigh In On Zscaler

Several institutional investors and hedge funds have recently bought and sold shares of the business. Corient Private Wealth LLC lifted its holdings in shares of Zscaler by 2.2% during the 2nd quarter. Corient Private Wealth LLC now owns 31,715 shares of the company’s stock worth $9,955,000 after acquiring an additional 672 shares during the period. CacheTech Inc. acquired a new position in Zscaler in the second quarter worth about $235,000. Adams Wealth Management bought a new position in Zscaler during the second quarter worth about $235,000. Caldwell Trust Co acquired a new stake in Zscaler during the second quarter valued at approximately $63,000. Finally, Valeo Financial Advisors LLC acquired a new position in shares of Zscaler in the 2nd quarter worth approximately $217,000. Institutional investors own 46.45% of the company’s stock.

About Zscaler

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.