Robert Schlossman Sells 2,349 Shares of Zscaler (NASDAQ:ZS) Stock

Zscaler, Inc. (NASDAQ:ZS) insider Robert Schlossman sold 2,349 shares of the firm’s stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of $232.79, for a total value of $546,823.71. Following the completion of the sale, the insider owned 74,653 shares of the company’s stock, valued at $17,378,471.87. This represents a 3.05% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link.

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

• On Tuesday, December 16th, Robert Schlossman sold 3,084 shares of Zscaler stock. The shares were sold at an average price of $230.82, for a total value of $711,848.88.
• On Friday, October 24th, Robert Schlossman sold 3,200 shares of Zscaler stock. The stock was sold at an average price of $325.00, for a total value 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 Price Performance

NASDAQ:ZS traded down $6.35 during trading hours on Wednesday, reaching $226.43. The company had a trading volume of 1,723,437 shares, compared to its average volume of 2,011,386. The company has a quick ratio of 1.82, a current ratio of 1.82 and a debt-to-equity ratio of 0.86. The stock has a 50-day moving average of $290.17 and a two-hundred day moving average of $290.51. Zscaler, Inc. has a one year low of $164.78 and a one year high of $336.99. The firm has a market capitalization of $36.11 billion, a PE ratio of -870.85 and a beta of 1.07.

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

Wall Street Analyst Weigh In

Several research firms have weighed in on ZS. Royal Bank Of Canada raised their price objective on shares of Zscaler from $350.00 to $366.00 and gave the company an “outperform” rating in a research report on Wednesday, November 12th. Morgan Stanley boosted their price objective on shares of Zscaler from $320.00 to $335.00 and gave the stock an “overweight” rating in a research report on Thursday, November 13th. Scotiabank decreased their price objective on Zscaler from $334.00 to $320.00 and set a “sector outperform” rating on the stock in a research report on Wednesday, November 26th. JMP Securities reissued a “market outperform” rating and issued a $355.00 target price on shares of Zscaler in a research note on Wednesday, September 3rd. Finally, Berenberg Bank cut their price target on Zscaler from $400.00 to $390.00 and set a “buy” rating on the stock in a research note on Friday, November 28th. 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 assigned a Sell rating to the stock. According to MarketBeat.com, Zscaler currently has a consensus rating of “Moderate Buy” and a consensus price target of $323.45.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of ZS. Binnacle Investments Inc bought a new stake in shares of Zscaler during the third quarter worth $25,000. Tradewinds Capital Management LLC boosted its stake in 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 purchasing an additional 51 shares during the period. Root Financial Partners LLC bought a new position in Zscaler during the 3rd quarter worth about $26,000. McIlrath & Eck LLC acquired a new stake in shares of Zscaler in the 3rd quarter valued at about $29,000. Finally, Quaker Wealth Management LLC raised its stake in shares of Zscaler by 200.0% in the 2nd quarter. Quaker Wealth Management LLC now owns 97 shares of the company’s stock valued at $30,000 after purchasing an additional 194 shares during the period. Institutional investors 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.