Zscaler (NASDAQ:ZS) Insider Adam Geller Sells 1,940 Shares

Zscaler, Inc. (NASDAQ:ZS) insider Adam Geller sold 1,940 shares of the business’s stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $126.43, for a total value of $245,274.20. Following the transaction, the insider owned 45,131 shares of the company’s stock, valued at approximately $5,705,912.33. This trade represents a 4.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Zscaler Price Performance

NASDAQ ZS opened at $124.38 on Thursday. Zscaler, Inc. has a 12 month low of $114.63 and a 12 month high of $336.99. The stock has a market cap of $20.11 billion, a price-to-earnings ratio of -259.12, a PEG ratio of 79.55 and a beta of 0.97. The company’s 50 day moving average is $141.85 and its two-hundred day moving average is $174.22. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.72.

Zscaler (NASDAQ:ZS) last posted its quarterly earnings results on Tuesday, May 26th. The company reported $1.08 earnings per share for the quarter, topping analysts’ consensus estimates of $1.01 by $0.07. The business had revenue of $850.48 million during the quarter, compared to analyst estimates of $835.14 million. Zscaler had a negative net margin of 2.44% and a negative return on equity of 0.37%. The company’s revenue was up 25.4% on a year-over-year basis. During the same period in the prior year, the business posted $0.84 earnings per share. Zscaler has set its Q4 2026 guidance at 1.080-1.090 EPS and its FY 2026 guidance at 4.100-4.110 EPS. As a group, research analysts anticipate that Zscaler, Inc. will post 0.11 earnings per share for the current year.

Institutional Investors Weigh In On Zscaler

Several large investors have recently made changes to their positions in the company. Vanguard Group Inc. grew its holdings in Zscaler by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 11,423,424 shares of the company’s stock valued at $2,569,357,000 after buying an additional 55,521 shares in the last quarter. Groupama Asset Managment boosted its position in shares of Zscaler by 76,352.6% during the 3rd quarter. Groupama Asset Managment now owns 4,750,000 shares of the company’s stock valued at $1,423,385,000 after acquiring an additional 4,743,787 shares during the last quarter. First Trust Advisors LP boosted its position in shares of Zscaler by 36.2% during the 1st quarter. First Trust Advisors LP now owns 3,518,678 shares of the company’s stock valued at $493,635,000 after acquiring an additional 935,781 shares during the last quarter. Price T Rowe Associates Inc. MD grew its holdings in shares of Zscaler by 43.3% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 2,572,358 shares of the company’s stock valued at $578,576,000 after purchasing an additional 777,414 shares in the last quarter. Finally, State Street Corp grew its holdings in shares of Zscaler by 3.4% in the fourth quarter. State Street Corp now owns 2,337,604 shares of the company’s stock valued at $525,774,000 after purchasing an additional 77,800 shares in the last quarter. 46.45% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research firms have commented on ZS. Berenberg Bank set a $200.00 price target on Zscaler in a report on Thursday, May 28th. Robert W. Baird cut their target price on Zscaler from $265.00 to $230.00 and set an “outperform” rating for the company in a research report on Wednesday, May 27th. B. Riley Financial decreased their target price on Zscaler from $225.00 to $215.00 and set a “buy” rating on the stock in a research note on Wednesday, May 27th. Scotiabank lowered their price target on Zscaler from $190.00 to $175.00 and set a “sector outperform” rating on the stock in a report on Wednesday, May 27th. Finally, BMO Capital Markets dropped their price target on Zscaler from $210.00 to $178.00 and set an “outperform” rating for the company in a research note on Wednesday, May 27th. Thirty-four investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Zscaler presently has an average rating of “Moderate Buy” and a consensus target price of $214.33.

Trending Headlines about Zscaler

Here are the key news stories impacting Zscaler this week:

• Positive Sentiment: Wall Street sentiment remains constructive, with Robert W. Baird reiterating a Buy rating and setting a $230 price target, implying significant upside from current levels. Short Sellers May Regret Shorting ZScaler (ZS) As One Analyst Points To 79% Upside
• Positive Sentiment: Zscaler also recently expanded Project AI-Guardian by adding major technology partners, which could support product adoption and platform reach over time. Zscaler (ZS) Adds Major Tech Partners to Project AI-Guardian
• Neutral Sentiment: A media discussion from Jim Cramer noted that SaaS names like Zscaler have fallen out of favor on Wall Street, but also highlighted the company in the context of broader software market rotation. Jim Cramer Says SaaS Companies Like Zscaler “Have Fallen Viciously Out of Favor on Wall Street”
• Neutral Sentiment: Several insiders, including the CEO, CFO, a director, and other executives, sold shares, but the filings say the trades were largely tied to equity award vesting and tax obligations, which often reduces concern about insider sentiment. CFO Kevin Rubin SEC filing
• Neutral Sentiment: Law firms Schall and Pomerantz announced investigations into possible securities-law issues, which may keep investor caution elevated, but no wrongdoing has been established. ZS Investors Have Opportunity to Join Zscaler, Inc. Fraud Investigation with the Schall Law Firm

Zscaler Company Profile

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.