Insider Selling: Zscaler (NASDAQ:ZS) CFO Sells $74,001.36 in Stock

Zscaler, Inc. (NASDAQ:ZS) CFO Kevin Rubin sold 503 shares of the firm’s stock in a transaction dated Monday, July 27th. The shares were sold at an average price of $147.12, for a total value of $74,001.36. Following the sale, the chief financial officer directly owned 41,398 shares in the company, valued at approximately $6,090,473.76. The trade was a 1.20% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed 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 Thursday, June 25th, Kevin Rubin sold 3,000 shares of Zscaler stock. The shares were sold at an average price of $124.22, for a total value of $372,660.00.
• 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 value of $213,160.98.

Zscaler Trading Down 3.5%

Zscaler stock opened at $148.39 on Friday. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.86 and a current ratio of 1.86. The stock has a market cap of $24.00 billion, a PE ratio of -309.14, a price-to-earnings-growth ratio of 88.12 and a beta of 0.96. The stock has a 50-day moving average of $141.17 and a two-hundred day moving average of $154.35. Zscaler, Inc. has a one year low of $114.63 and a one year high of $336.99.

Zscaler (NASDAQ:ZS) last issued 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. Zscaler had a negative return on equity of 0.37% and a negative net margin of 2.44%.The business had revenue of $850.48 million for the quarter, compared to analyst estimates of $835.14 million. During the same quarter in the previous year, the firm earned $0.84 earnings per share. The company’s revenue was up 25.4% on a year-over-year basis. Zscaler has set its Q4 2026 guidance at 1.080-1.090 EPS and its FY 2026 guidance at 4.100-4.110 EPS. On average, research analysts anticipate that Zscaler, Inc. will post 0.12 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in ZS. Investors Research Corp acquired a new stake in shares of Zscaler during the 2nd quarter valued at about $251,000. Handelsbanken Fonder AB raised its holdings in Zscaler by 89.6% in the 2nd quarter. Handelsbanken Fonder AB now owns 60,933 shares of the company’s stock worth $8,601,000 after purchasing an additional 28,792 shares during the period. Allied Private Wealth LLC acquired a new position in Zscaler in the 2nd quarter worth about $103,000. Hennion & Walsh Asset Management Inc. boosted its position in Zscaler by 4.4% during the second quarter. Hennion & Walsh Asset Management Inc. now owns 6,665 shares of the company’s stock worth $941,000 after purchasing an additional 280 shares in the last quarter. Finally, Strategic Investment Solutions Inc. IL purchased a new position in Zscaler during the second quarter worth approximately $581,000. Hedge funds and other institutional investors own 46.45% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have issued reports on ZS shares. Barclays decreased their price target on shares of Zscaler from $180.00 to $170.00 and set an “overweight” rating for the company in a report on Wednesday, May 27th. Weiss Ratings reissued a “sell (e+)” rating on shares of Zscaler in a report on Tuesday, June 9th. JPMorgan Chase & Co. cut their target price on Zscaler from $250.00 to $205.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 27th. KeyCorp raised their target price on Zscaler from $176.00 to $185.00 and gave the stock an “overweight” rating in a research note on Thursday, July 16th. Finally, Citizens Jmp reduced their target price on Zscaler from $290.00 to $210.00 and set a “market outperform” rating for the company in a research note on Friday, May 1st. Thirty-four analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $214.21.

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.