Insider Selling: Zscaler (NASDAQ:ZS) Insider Sells 3,084 Shares of Stock

Zscaler, Inc. (NASDAQ:ZS) insider Robert Schlossman sold 3,084 shares of the company’s stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of $230.82, for a total value of $711,848.88. Following the completion of the transaction, the insider owned 77,002 shares of the company’s stock, valued at $17,773,601.64. The trade was a 3.85% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

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

• On Wednesday, December 17th, Robert Schlossman sold 2,349 shares of Zscaler stock. The stock was sold at an average price of $232.79, for a total transaction of $546,823.71.
• On Friday, October 24th, Robert Schlossman sold 3,200 shares of Zscaler stock. The shares were sold at an average price of $325.00, for a total transaction of $1,040,000.00.
• On Thursday, October 2nd, Robert Schlossman sold 7,006 shares of Zscaler stock. The stock was sold at an average price of $305.57, for a total value of $2,140,823.42.

Zscaler Trading Down 2.7%

ZS stock traded down $6.35 during trading on Wednesday, hitting $226.43. The company had a trading volume of 1,723,437 shares, compared to its average volume of 2,011,386. The firm has a 50-day moving average price of $290.17 and a 200-day moving average price of $290.51. The company has a quick ratio of 1.82, a current ratio of 1.82 and a debt-to-equity ratio of 0.86. Zscaler, Inc. has a 12 month low of $164.78 and a 12 month high of $336.99. The stock has a market cap of $36.11 billion, a price-to-earnings ratio of -870.85 and a beta of 1.07.

Zscaler (NASDAQ:ZS) last posted its quarterly earnings results on Tuesday, November 25th. The company reported $0.96 earnings per share for the quarter, beating analysts’ consensus estimates of $0.85 by $0.11. The company had revenue of $788.11 million for the quarter, compared to the consensus estimate of $773.86 million. Zscaler had a negative return on equity of 0.12% and a negative net margin of 1.45%.The firm’s quarterly revenue was up 25.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.77 EPS. Zscaler has set its FY 2026 guidance at 3.780-3.820 EPS and its Q2 2026 guidance at 0.890-0.900 EPS. As a group, analysts predict that Zscaler, Inc. will post -0.1 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the stock. Susquehanna raised their price objective on shares of Zscaler from $320.00 to $340.00 and gave the stock a “positive” rating in a report on Wednesday, September 3rd. Sanford C. Bernstein lowered Zscaler from an “outperform” rating to a “hold” rating in a report on Monday, December 1st. Citigroup reduced their price objective on Zscaler from $365.00 to $350.00 and set a “buy” rating for the company in a research report on Monday, December 1st. Guggenheim reissued a “neutral” rating on shares of Zscaler in a research report on Wednesday, September 3rd. Finally, Wall Street Zen downgraded Zscaler from a “buy” rating to a “hold” rating in a research report on Saturday, October 18th. One analyst has rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $323.45.

Institutional Investors Weigh In On Zscaler

Several hedge funds have recently added to or reduced their stakes in the business. Brookstone Capital Management acquired a new stake in shares of Zscaler during the 2nd quarter worth about $283,000. VestGen Advisors LLC acquired a new stake in Zscaler during the second quarter worth approximately $1,592,000. Mackenzie Financial Corp boosted its holdings in shares of Zscaler by 133.6% during the second quarter. Mackenzie Financial Corp now owns 14,780 shares of the company’s stock worth $4,640,000 after acquiring an additional 8,454 shares during the period. Schroder Investment Management Group boosted its holdings in shares of Zscaler by 11.5% during the second quarter. Schroder Investment Management Group now owns 164,061 shares of the company’s stock worth $51,505,000 after acquiring an additional 16,868 shares during the period. Finally, Ensign Peak Advisors Inc grew its position in shares of Zscaler by 9.9% in the second quarter. Ensign Peak Advisors Inc now owns 395,391 shares of the company’s stock valued at $124,129,000 after purchasing an additional 35,770 shares during the last quarter. Institutional investors and hedge funds own 46.45% of the company’s stock.

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.