Zscaler (NASDAQ:ZS) CEO Jagtar Singh Chaudhry Sells 2,843 Shares of Stock

Zscaler, Inc. (NASDAQ:ZS) CEO Jagtar Singh Chaudhry sold 2,843 shares of the company’s stock in a transaction that occurred on Tuesday, December 16th. The shares were sold at an average price of $230.82, for a total transaction of $656,221.26. Following the completion of the transaction, the chief executive officer owned 347,857 shares of the company’s stock, valued at $80,292,352.74. This trade represents a 0.81% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Zscaler Price Performance

Shares of NASDAQ ZS opened at $229.43 on Thursday. The company has a fifty day moving average price of $288.42 and a 200 day moving average price of $290.07. The firm has a market cap of $36.59 billion, a PE ratio of -884.20 and a beta of 1.07. The company has a current ratio of 1.82, a quick ratio of 1.82 and a debt-to-equity ratio of 0.86. Zscaler, Inc. has a 1-year low of $164.78 and a 1-year high of $336.99.

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

Analyst Upgrades and Downgrades

ZS has been the subject of a number of recent research reports. Guggenheim reissued a “neutral” rating on shares of Zscaler in a research report on Wednesday, September 3rd. Mizuho raised shares of Zscaler from a “neutral” rating to an “outperform” rating and set a $310.00 price objective for the company in a report on Tuesday. Loop Capital set a $320.00 target price on shares of Zscaler in a research report on Thursday, December 11th. Bank of America lowered their target price on shares of Zscaler from $355.00 to $335.00 and set a “buy” rating on the stock in a report on Wednesday, November 26th. Finally, Sanford C. Bernstein cut Zscaler from an “outperform” rating to a “hold” rating in a research note on Monday, December 1st. 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 given a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $322.66.

Institutional Trading of Zscaler

Hedge funds have recently made changes to their positions in the company. Binnacle Investments Inc acquired a new position in shares of Zscaler in the third quarter valued at approximately $25,000. SVB Wealth LLC bought a new stake in Zscaler during the 1st quarter worth approximately $26,000. Tradewinds Capital Management LLC increased its position in Zscaler by 145.7% in the 3rd quarter. Tradewinds Capital Management LLC now owns 86 shares of the company’s stock valued at $26,000 after acquiring an additional 51 shares during the period. Root Financial Partners LLC bought a new position in shares of Zscaler during the third quarter valued at $26,000. Finally, McIlrath & Eck LLC acquired a new position in shares of Zscaler during the third quarter worth $29,000. 46.45% of the stock is owned by institutional investors and hedge funds.

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.