Zscaler (NASDAQ:ZS) EVP Raj Judge Sells 2,488 Shares

Zscaler, Inc. (NASDAQ:ZS) EVP Raj Judge sold 2,488 shares of Zscaler stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $156.59, for a total transaction of $389,595.92. Following the completion of the transaction, the executive vice president owned 67,906 shares in the company, valued at $10,633,400.54. This trade represents a 3.53% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Zscaler Stock Performance

Zscaler stock traded down $0.01 on Wednesday, reaching $155.99. 1,516,030 shares of the stock were exchanged, compared to its average volume of 3,612,070. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 0.78. Zscaler, Inc. has a twelve month low of $140.56 and a twelve month high of $336.99. The firm has a fifty day moving average price of $180.47 and a two-hundred day moving average price of $244.35. The stock has a market cap of $25.08 billion, a PE ratio of -371.40 and a beta of 1.07.

Zscaler (NASDAQ:ZS) last posted its quarterly earnings data on Thursday, February 26th. The company reported $1.01 EPS for the quarter, topping analysts’ consensus estimates of $0.89 by $0.12. Zscaler had a positive return on equity of 0.06% and a negative net margin of 2.25%.The business had revenue of $815.75 million for the quarter, compared to analyst estimates of $798.92 million. During the same period in the previous year, the company posted $0.78 earnings per share. The firm’s revenue for the quarter was up 25.9% on a year-over-year basis. Zscaler has set its Q3 2026 guidance at 1.000-1.010 EPS and its FY 2026 guidance at 3.990-4.020 EPS. Sell-side analysts anticipate that Zscaler, Inc. will post -0.1 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Binnacle Investments Inc bought a new stake in shares of Zscaler in the 3rd quarter valued at approximately $25,000. Tradewinds Capital Management LLC raised its holdings in shares of 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 buying an additional 51 shares in the last quarter. Root Financial Partners LLC bought a new position in shares of Zscaler during the 3rd quarter worth approximately $26,000. McIlrath & Eck LLC acquired a new stake in Zscaler in the 3rd quarter valued at $29,000. Finally, AlphaCentric Advisors LLC acquired a new stake in Zscaler in the 4th quarter valued at $29,000. Institutional investors own 46.45% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently commented on ZS. Zacks Research lowered Zscaler from a “hold” rating to a “strong sell” rating in a report on Thursday, February 26th. Loop Capital set a $320.00 target price on shares of Zscaler in a research report on Thursday, December 11th. TD Cowen reduced their price target on shares of Zscaler from $330.00 to $260.00 and set a “buy” rating for the company in a report on Tuesday, February 24th. Needham & Company LLC decreased their price target on shares of Zscaler from $310.00 to $180.00 and set a “buy” rating on the stock in a research report on Friday, February 27th. Finally, KeyCorp dropped their price objective on shares of Zscaler from $300.00 to $250.00 and set an “overweight” rating on the stock in a report on Tuesday, February 17th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, Zscaler currently has a consensus rating of “Moderate Buy” and a consensus price target of $267.13.

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.