Adam Geller Sells 2,817 Shares of Zscaler (NASDAQ:ZS) Stock

Zscaler, Inc. (NASDAQ:ZS) insider Adam Geller sold 2,817 shares of the business’s stock in a transaction dated Monday, June 22nd. The shares were sold at an average price of $122.60, for a total transaction of $345,364.20. Following the transaction, the insider owned 42,314 shares in the company, valued at $5,187,696.40. This represents a 6.24% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Adam Geller also recently made the following trade(s):

• On Tuesday, June 16th, Adam Geller sold 1,940 shares of Zscaler stock. The shares were sold at an average price of $126.43, for a total value of $245,274.20.

Zscaler Stock Up 1.7%

Shares of ZS stock traded up $2.11 during midday trading on Tuesday, reaching $126.17. 2,337,850 shares of the stock were exchanged, compared to its average volume of 3,706,452. Zscaler, Inc. has a 1 year low of $114.63 and a 1 year high of $336.99. The firm has a market cap of $20.40 billion, a PE ratio of -262.85, a price-to-earnings-growth ratio of 78.06 and a beta of 0.97. The company’s 50 day moving average is $141.29 and its two-hundred day moving average is $171.66. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.72.

Zscaler (NASDAQ:ZS) last released its earnings results on Tuesday, May 26th. The company reported $1.08 EPS for the quarter, beating 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 company had revenue of $850.48 million during the quarter, compared to analysts’ expectations of $835.14 million. During the same quarter last year, the business posted $0.84 EPS. The firm’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, equities research analysts predict that Zscaler, Inc. will post 0.11 EPS for the current year.

Wall Street Analyst Weigh In

Several brokerages have commented on ZS. Barclays lowered their price objective on Zscaler from $180.00 to $170.00 and set an “overweight” rating for the company in a research report on Wednesday, May 27th. KeyCorp upped their target price on shares of Zscaler from $160.00 to $190.00 and gave the stock an “overweight” rating in a research report on Monday, May 18th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Zscaler in a research note on Tuesday, June 9th. Citizens Jmp lowered their price target on shares of Zscaler from $290.00 to $210.00 and set a “market outperform” rating for the company in a research report on Friday, May 1st. Finally, Wolfe Research restated an “outperform” rating and issued a $150.00 price objective on shares of Zscaler in a report on Thursday, June 11th. Thirty-four investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Zscaler currently has a consensus rating of “Moderate Buy” and an average target price of $214.33.

Institutional Investors Weigh In On Zscaler

Several institutional investors have recently modified their holdings of ZS. Pacer Advisors Inc. boosted its holdings in shares of Zscaler by 1.7% during the 1st quarter. Pacer Advisors Inc. now owns 91,583 shares of the company’s stock valued at $12,848,000 after acquiring an additional 1,569 shares during the last quarter. Caerus Investment Advisors LLC grew its position in Zscaler by 37.8% in the 1st quarter. Caerus Investment Advisors LLC now owns 1,444 shares of the company’s stock worth $203,000 after purchasing an additional 396 shares during the period. Front Row Advisors LLC grew its position in Zscaler by 24.1% in the 1st quarter. Front Row Advisors LLC now owns 809 shares of the company’s stock worth $113,000 after purchasing an additional 157 shares during the period. Western Wealth Management LLC purchased a new stake in Zscaler during the 1st quarter valued at $33,000. Finally, Bank of America Corp DE raised its stake in Zscaler by 44.3% during the 1st quarter. Bank of America Corp DE now owns 779,245 shares of the company’s stock valued at $109,320,000 after buying an additional 239,326 shares during the last quarter. 46.45% of the stock is owned by hedge funds and other institutional investors.

About Zscaler

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.