Zscaler (NASDAQ:ZS) CFO Kevin Rubin Sells 3,000 Shares of Stock

Zscaler, Inc. (NASDAQ:ZSGet Free Report) CFO Kevin Rubin sold 3,000 shares of the business’s stock in a transaction dated Thursday, June 25th. The shares were sold at an average price of $124.22, for a total value of $372,660.00. Following the completion of the transaction, the chief financial officer directly owned 41,901 shares of the company’s stock, valued at approximately $5,204,942.22. This trade represents a 6.68% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Kevin Rubin also recently made the following trade(s):

  • On Tuesday, June 16th, Kevin Rubin sold 1,686 shares of Zscaler stock. The shares were sold at an average price of $126.43, for a total transaction of $213,160.98.

Zscaler Price Performance

Shares of NASDAQ:ZS traded up $8.46 during midday trading on Friday, hitting $132.26. The stock had a trading volume of 3,669,949 shares, compared to its average volume of 3,684,399. The company’s 50-day moving average price is $141.56 and its 200-day moving average price is $169.19. Zscaler, Inc. has a fifty-two week low of $114.63 and a fifty-two week high of $336.99. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.72. The company has a market capitalization of $21.39 billion, a P/E ratio of -275.54, a price-to-earnings-growth ratio of 79.57 and a beta of 0.97.

Zscaler (NASDAQ:ZSGet Free Report) last posted its quarterly earnings results on Tuesday, May 26th. The company reported $1.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.07. The business had revenue of $850.48 million for 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 firm’s revenue for the quarter was up 25.4% on a year-over-year basis. During the same quarter last year, the business posted $0.84 EPS. 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, equities research analysts predict that Zscaler, Inc. will post 0.11 EPS for the current fiscal year.

Institutional Trading of Zscaler

Hedge funds and other institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. raised its holdings in Zscaler by 0.5% in 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 during the last quarter. Groupama Asset Managment boosted its stake in shares of Zscaler by 76,352.6% in the 3rd quarter. Groupama Asset Managment now owns 4,750,000 shares of the company’s stock valued at $1,423,385,000 after purchasing an additional 4,743,787 shares during the last quarter. First Trust Advisors LP boosted its position in Zscaler by 36.2% during the first 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 Zscaler by 43.3% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 2,572,358 shares of the company’s stock worth $578,576,000 after acquiring an additional 777,414 shares during the period. Finally, State Street Corp grew its holdings in Zscaler by 3.4% during the 4th quarter. State Street Corp now owns 2,337,604 shares of the company’s stock worth $525,774,000 after acquiring an additional 77,800 shares during the period. 46.45% of the stock is currently owned by institutional investors.

Trending Headlines about Zscaler

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Wall Street Analyst Weigh In

A number of equities analysts have recently commented on ZS shares. Wedbush reissued an “outperform” rating and set a $220.00 price target on shares of Zscaler in a report on Wednesday, June 10th. Stifel Nicolaus decreased their target price on Zscaler from $180.00 to $175.00 and set a “buy” rating on the stock in a research report on Wednesday, May 27th. Cantor Fitzgerald reissued an “overweight” rating and set a $225.00 target price on shares of Zscaler in a research note on Wednesday, June 10th. Rosenblatt Securities restated a “buy” rating and issued a $200.00 price target on shares of Zscaler in a research note on Wednesday, June 10th. Finally, Mizuho decreased their price target on shares of Zscaler from $210.00 to $185.00 and set an “outperform” rating on the stock in a report on Wednesday, May 27th. Thirty-four investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $213.97.

Read Our Latest Stock Analysis on ZS

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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