Zscaler (NASDAQ:ZS) Insider Adam Geller Sells 4,584 Shares

Zscaler, Inc. (NASDAQ:ZS) insider Adam Geller sold 4,584 shares of the company’s stock in a transaction on Thursday, September 17th. The stock was sold at an average price of $192.01, for a total value of $880,173.84. Following the transaction, the insider directly owned 38,969 shares in the company, valued at approximately $7,482,437.69. The trade was a 10.53% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Adam Geller also recently made the following trade(s):

• On Wednesday, September 16th, Adam Geller sold 5,578 shares of Zscaler stock. The shares were sold at an average price of $192.76, for a total value of $1,075,215.28.
• On Monday, June 22nd, Adam Geller sold 2,817 shares of Zscaler stock. The stock was sold at an average price of $122.60, for a total value of $345,364.20.

Zscaler Stock Up 3.1%

Shares of ZS stock opened at $197.47 on Friday. Zscaler, Inc. has a 1-year low of $114.63 and a 1-year high of $336.99. The stock’s fifty day moving average price is $167.06 and its 200 day moving average price is $151.50. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.70 and a quick ratio of 1.70. The company has a market cap of $32.20 billion, a price-to-earnings ratio of -506.33, a price-to-earnings-growth ratio of 23.05 and a beta of 0.95.

Zscaler (NASDAQ:ZS) last released its quarterly earnings results on Thursday, September 3rd. The company reported $1.19 EPS for the quarter, beating analysts’ consensus estimates of $1.09 by $0.10. The company had revenue of $898.19 million during the quarter, compared to analysts’ expectations of $876.96 million. Zscaler had a positive return on equity of 1.23% and a negative net margin of 1.88%.The firm’s revenue was up 24.9% compared to the same quarter last year. During the same period last year, the business posted $0.89 earnings per share. Zscaler has set its FY 2027 guidance at 4.860-4.900 EPS and its Q1 2027 guidance at 1.150-1.160 EPS. On average, research analysts expect that Zscaler, Inc. will post 0.61 earnings per share for the current fiscal year.

Zscaler News Roundup

Here are the key news stories impacting Zscaler this week:

• Positive Sentiment: Options traders purchased a large volume of Zscaler call options, signaling bullish positioning and expectations for additional share-price strength. Traders Purchase Large Volume of Call Options on Zscaler
• Positive Sentiment: Recent earnings momentum remains supportive: Zscaler exceeded quarterly EPS and revenue estimates, with revenue rising 24.9% year over year. The company is also expanding beyond its traditional seat-based business into data security and security for artificial intelligence. Q2 Earnings Highlights: Zscaler Vs. The Rest of the Cybersecurity Stocks
• Positive Sentiment: Zscaler is being highlighted as a strong momentum stock, which may attract additional technical and style-focused investors as shares trade well above their longer-term moving averages. Why Zscaler Is a Strong Momentum Stock
• Neutral Sentiment: Six company insiders, including the CEO and CFO, reported sales totaling approximately 21,473 shares and $4.1 million. Most sales were conducted under Rule 10b5-1 plans or to cover tax withholding on vested equity, reducing their value as a direct bearish signal. Zscaler Insider Transaction Filing
• Negative Sentiment: Analysts and investors are increasingly focused on decelerating annual recurring revenue growth. Although Zscaler’s broader growth engine remains strong, slower ARR could pressure the valuation of the high-growth cybersecurity stock. Zscaler Growth Engine Is Strong, But Slowing ARR Could Pressure the Stock

Institutional Investors Weigh In On Zscaler

Institutional investors and hedge funds have recently modified their holdings of the company. WINTON GROUP Ltd boosted its position in Zscaler by 56.5% in the second quarter. WINTON GROUP Ltd now owns 4,890 shares of the company’s stock valued at $690,000 after buying an additional 1,765 shares during the last quarter. NewEdge Advisors LLC increased its holdings in Zscaler by 7.8% in the 2nd quarter. NewEdge Advisors LLC now owns 4,626 shares of the company’s stock worth $653,000 after buying an additional 336 shares during the period. Hudock Inc. purchased a new position in Zscaler during the 2nd quarter worth approximately $311,000. Allworth Financial LP raised its position in Zscaler by 7.7% during the 2nd quarter. Allworth Financial LP now owns 3,578 shares of the company’s stock worth $505,000 after buying an additional 256 shares during the last quarter. Finally, Arizona State Retirement System lifted its stake in Zscaler by 6.4% during the 2nd quarter. Arizona State Retirement System now owns 29,965 shares of the company’s stock valued at $4,230,000 after acquiring an additional 1,799 shares during the period. Institutional investors and hedge funds own 46.45% of the company’s stock.

Analysts Set New Price Targets

ZS has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. lifted their target price on shares of Zscaler from $205.00 to $215.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 26th. Stifel Nicolaus boosted their target price on shares of Zscaler from $175.00 to $200.00 and gave the stock a “buy” rating in a research report on Wednesday, August 19th. KeyCorp upped their price target on shares of Zscaler from $185.00 to $210.00 and gave the company an “overweight” rating in a research note on Friday, August 21st. Rosenblatt Securities reaffirmed a “buy” rating and issued a $200.00 price target on shares of Zscaler in a report on Friday, September 4th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Zscaler in a research note on Friday, September 4th. Thirty-four equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $218.38.

About Zscaler

Zscaler, Inc is a cloud-native cybersecurity company that provides security services designed to help organizations connect users, devices, applications and workloads securely over the internet. Its platform is built around a zero-trust security model, which verifies access based on identity, context and policy rather than relying primarily on a traditional corporate network perimeter.

The company’s offerings include Zscaler Internet Access, which secures access to internet and software-as-a-service applications, and Zscaler Private Access, which provides secure, policy-based access to private applications without requiring conventional virtual private networks.