Kevin Rubin Sells 1,686 Shares of Zscaler (NASDAQ:ZS) Stock

Zscaler, Inc. (NASDAQ:ZS) CFO Kevin Rubin sold 1,686 shares of the company’s stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $126.43, for a total value of $213,160.98. Following the sale, the chief financial officer owned 44,901 shares of the company’s stock, valued at $5,676,833.43. This trade represents a 3.62% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Zscaler Trading Up 0.4%

NASDAQ ZS opened at $124.85 on Friday. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.72. The business has a fifty day simple moving average of $141.51 and a 200 day simple moving average of $173.33. Zscaler, Inc. has a 12 month low of $114.63 and a 12 month high of $336.99. The firm has a market capitalization of $20.19 billion, a P/E ratio of -260.10, a PEG ratio of 77.77 and a beta of 0.97.

Zscaler (NASDAQ:ZS) last posted its quarterly earnings data on Tuesday, May 26th. The company reported $1.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.01 by $0.07. Zscaler had a negative net margin of 2.44% and a negative return on equity of 0.37%. The firm had revenue of $850.48 million for the quarter, compared to the consensus estimate of $835.14 million. During the same period in the previous year, the firm earned $0.84 EPS. The business’s revenue for the quarter was up 25.4% compared to the same quarter last year. 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, analysts predict that Zscaler, Inc. will post 0.11 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Integrated Wealth Concepts LLC lifted its stake in Zscaler by 19.9% in the first quarter. Integrated Wealth Concepts LLC now owns 1,439 shares of the company’s stock valued at $285,000 after purchasing an additional 239 shares during the last quarter. NewEdge Advisors LLC increased its position in Zscaler by 8.2% in the first quarter. NewEdge Advisors LLC now owns 4,899 shares of the company’s stock worth $972,000 after buying an additional 370 shares during the last quarter. Empowered Funds LLC increased its position in Zscaler by 9.2% in the first quarter. Empowered Funds LLC now owns 2,811 shares of the company’s stock worth $558,000 after buying an additional 238 shares during the last quarter. Sivia Capital Partners LLC bought a new stake in shares of Zscaler in the second quarter valued at $252,000. Finally, Jump Financial LLC bought a new stake in shares of Zscaler in the second quarter valued at $3,019,000. 46.45% of the stock is owned by institutional investors.

Zscaler News Roundup

Here are the key news stories impacting Zscaler this week:

• Positive Sentiment: Zscaler unveiled new zero-trust tools designed to monitor and secure AI agent workflows, reinforcing its position in a fast-growing cybersecurity niche and supporting the company’s long-term growth story. Zscaler introduces new zero trust tools to monitor and secure AI agent workflows
• Positive Sentiment: Commentary around AI agents and cybersecurity framed Zscaler as a potential winner from the shift toward AI-powered security spending, which may help sentiment on the stock. AI agents are changing cybersecurity forever. Zscaler is positioning itself to win big.
• Neutral Sentiment: Several insider sales were disclosed, including by the CEO, CFO, and a director, but the filings say the trades were tied to pre-arranged plans and tax withholding related to equity vesting, which limits the signal of bearish insider sentiment.
• Neutral Sentiment: Analyst commentary remains mixed, with some media asking whether it is time to cash out, while other reports still point to upside potential; this helps explain why shares may be volatile rather than moving on a single clear catalyst. Is it time to cash out of Zscaler?
• Negative Sentiment: Two shareholder-law firms, Pomerantz and Schall, announced investigations into possible securities-law issues at Zscaler, adding legal overhang and investor caution even though no wrongdoing has been proven.

Wall Street Analysts Forecast Growth

Several research firms have commented on ZS. FBN Securities reiterated an “outperform” rating and issued a $175.00 price objective on shares of Zscaler in a research note on Wednesday, May 27th. Stifel Nicolaus cut their target price on Zscaler from $180.00 to $175.00 and set a “buy” rating on the stock in a research note on Wednesday, May 27th. B. Riley Financial reduced their target price on Zscaler from $225.00 to $215.00 and set a “buy” rating for the company in a report on Wednesday, May 27th. Berenberg Bank set a $200.00 price target on Zscaler in a research report on Thursday, May 28th. Finally, Deutsche Bank Aktiengesellschaft dropped their price target on Zscaler from $185.00 to $175.00 and set a “buy” rating on the stock in a report on Wednesday, May 27th. Thirty-four analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Zscaler presently has an average rating of “Moderate Buy” and a consensus price target of $214.33.

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.