Zscaler (NASDAQ:ZS) Insider Adam Geller Sells 1,041 Shares of Company Stock

Zscaler, Inc. (NASDAQ:ZS) insider Adam Geller sold 1,041 shares of the firm’s stock in a transaction dated Monday, November 2nd. The stock was sold at an average price of $238.00, for a total value of $247,758.00. Following the completion of the transaction, the insider directly owned 58,167 shares in the company, valued at $13,843,746. The trade was a 1.76% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Friday, October 9th, Adam Geller sold 23,958 shares of Zscaler stock. The shares were sold at an average price of $225.43, for a total value of $5,400,851.94.
• On Monday, October 12th, Adam Geller sold 1,042 shares of Zscaler stock. The shares were sold at an average price of $235.95, for a total value of $245,859.90.
• On Monday, September 21st, Adam Geller sold 661 shares of Zscaler stock. The shares were sold at an average price of $200.00, for a total transaction of $132,200.00.
• On Thursday, September 17th, Adam Geller sold 4,584 shares of Zscaler stock. The stock was sold at an average price of $192.01, for a total transaction of $880,173.84.
• On Wednesday, September 16th, Adam Geller sold 5,578 shares of Zscaler stock. The stock was sold at an average price of $192.76, for a total transaction of $1,075,215.28.

Zscaler Stock Performance

ZS opened at $225.09 on Wednesday. The company has a current ratio of 1.70, a quick ratio of 1.70 and a debt-to-equity ratio of 0.65. The company has a market cap of $36.70 billion, a price-to-earnings ratio of -577.15, a PEG ratio of 21.28 and a beta of 0.82. The company’s 50 day moving average is $206.02 and its 200 day moving average is $167.70. Zscaler, Inc. has a 12-month low of $114.63 and a 12-month high of $335.70.

Zscaler (NASDAQ:ZS) last announced its earnings results on Thursday, September 3rd. The company reported $1.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.09 by $0.10. Zscaler had a negative net margin of 1.88% and a positive return on equity of 1.23%. The company had revenue of $898.19 million during the quarter, compared to analyst estimates of $876.96 million. During the same period in the previous year, the business posted $0.89 earnings per share. The firm’s quarterly revenue was up 24.9% compared to the same quarter last year. 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, equities research analysts predict that Zscaler, Inc. will post 0.70 EPS for the current year.

Wall Street Analysts Forecast Growth

ZS has been the topic of a number of recent research reports. BMO Capital Markets raised their target price on Zscaler from $178.00 to $200.00 and gave the stock an “outperform” rating in a report on Friday, September 4th. Mizuho set a $235.00 price target on Zscaler in a report on Wednesday, October 7th. Weiss Ratings upgraded Zscaler from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Thursday, September 24th. Sanford C. Bernstein upped their price target on Zscaler from $224.00 to $298.00 and gave the stock an “outperform” rating in a research report on Thursday, September 17th. Finally, Wedbush raised their price objective on Zscaler from $215.00 to $240.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 7th. Thirty-six equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Zscaler currently has a consensus rating of “Moderate Buy” and a consensus target price of $236.65.

Institutional Trading of Zscaler

Several institutional investors and hedge funds have recently modified their holdings of ZS. Quintet Private Bank Europe S.A. grew its holdings in shares of Zscaler by 4.5% in the third quarter. Quintet Private Bank Europe S.A. now owns 1,170 shares of the company’s stock valued at $233,000 after purchasing an additional 50 shares in the last quarter. Signaturefd LLC increased its position in Zscaler by 3.9% in the third quarter. Signaturefd LLC now owns 1,401 shares of the company’s stock worth $279,000 after purchasing an additional 52 shares during the last quarter. Triumph Capital Management increased its position in Zscaler by 6.3% in the third quarter. Triumph Capital Management now owns 923 shares of the company’s stock worth $184,000 after purchasing an additional 55 shares during the last quarter. NFSG Corp raised its stake in Zscaler by 2.6% during the third quarter. NFSG Corp now owns 2,437 shares of the company’s stock valued at $486,000 after purchasing an additional 62 shares in the last quarter. Finally, Parkside Financial Bank & Trust raised its stake in Zscaler by 18.8% during the second quarter. Parkside Financial Bank & Trust now owns 417 shares of the company’s stock valued at $59,000 after purchasing an additional 66 shares in the last quarter. 46.45% of the stock is currently owned by institutional investors.

About Zscaler

Zscaler, Inc is a cloud-based cybersecurity company that helps organizations secure access to applications, websites, data and other digital resources. Its platform is designed around a zero-trust security model, which verifies users and devices and enforces security policies before granting access, rather than relying primarily on a traditional corporate network perimeter.

The company’s offerings include Zscaler Internet Access, which provides secure access to internet and software-as-a-service applications, and Zscaler Private Access, which enables secure access to private applications without extending an organization’s network to users.