Insider Selling: Zscaler (NASDAQ:ZS) Director Sells 177 Shares of Stock

Zscaler, Inc. (NASDAQ:ZSGet Free Report) Director James Beer sold 177 shares of the business’s stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $153.53, for a total transaction of $27,174.81. Following the completion of the transaction, the director owned 4,384 shares in the company, valued at approximately $673,075.52. The trade was a 3.88% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Zscaler Trading Down 0.3%

ZS traded down $0.46 during trading on Thursday, reaching $155.53. 1,854,219 shares of the stock traded hands, compared to its average volume of 2,657,660. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 0.78. The stock’s 50-day moving average is $180.47 and its 200 day moving average is $244.35. Zscaler, Inc. has a 12 month low of $140.56 and a 12 month high of $336.99. The stock has a market capitalization of $25.01 billion, a PE ratio of -370.31 and a beta of 1.07.

Zscaler (NASDAQ:ZSGet Free Report) last posted its quarterly earnings data on Thursday, February 26th. The company reported $1.01 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.12. The firm had revenue of $815.75 million during the quarter, compared to analyst estimates of $798.92 million. Zscaler had a positive return on equity of 0.06% and a negative net margin of 2.25%.The business’s quarterly revenue was up 25.9% on a year-over-year basis. During the same period last year, the company posted $0.78 EPS. Zscaler has set its Q3 2026 guidance at 1.000-1.010 EPS and its FY 2026 guidance at 3.990-4.020 EPS. Equities analysts anticipate that Zscaler, Inc. will post -0.1 earnings per share for the current year.

Wall Street Analysts Forecast Growth

ZS has been the topic of several recent analyst reports. Citigroup dropped their price target on Zscaler from $305.00 to $195.00 and set a “buy” rating on the stock in a research note on Monday, March 2nd. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Zscaler in a research report on Wednesday, January 21st. UBS Group dropped their target price on shares of Zscaler from $350.00 to $340.00 and set a “buy” rating on the stock in a research report on Wednesday, November 26th. Citizens Jmp cut their target price on shares of Zscaler from $355.00 to $290.00 and set a “market outperform” rating on the stock in a research note on Friday, February 27th. Finally, BTIG Research reduced their price target on shares of Zscaler from $365.00 to $209.00 and set a “buy” rating for the company in a report on Tuesday, February 24th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, Zscaler presently has a consensus rating of “Moderate Buy” and a consensus target price of $267.13.

Read Our Latest Research Report on Zscaler

Zscaler News Roundup

Here are the key news stories impacting Zscaler this week:

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of ZS. Binnacle Investments Inc acquired a new position in shares of Zscaler during the third quarter valued at about $25,000. Tradewinds Capital Management LLC raised its holdings in shares of Zscaler by 145.7% in the 3rd quarter. Tradewinds Capital Management LLC now owns 86 shares of the company’s stock worth $26,000 after acquiring an additional 51 shares during the last quarter. Root Financial Partners LLC acquired a new stake in shares of Zscaler in the 3rd quarter worth about $26,000. McIlrath & Eck LLC bought a new position in Zscaler in the 3rd quarter valued at about $29,000. Finally, AlphaCentric Advisors LLC bought a new position in Zscaler in the 4th quarter valued at about $29,000. Institutional investors and hedge funds own 46.45% of the company’s stock.

About Zscaler

(Get Free Report)

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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Insider Buying and Selling by Quarter for Zscaler (NASDAQ:ZS)

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