Zscaler (NASDAQ:ZS) Insider Robert Schlossman Sells 2,325 Shares

Zscaler, Inc. (NASDAQ:ZS) insider Robert Schlossman sold 2,325 shares of the firm’s stock in a transaction on Wednesday, September 16th. The stock was sold at an average price of $192.76, for a total transaction of $448,167.00. Following the completion of the sale, the insider directly owned 66,919 shares in the company, valued at approximately $12,899,306.44. This trade represents a 3.36% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Robert Schlossman also recently made the following trade(s):

• On Monday, July 6th, Robert Schlossman sold 122 shares of Zscaler stock. The stock was sold at an average price of $150.00, for a total transaction of $18,300.00.

Zscaler Stock Performance

Zscaler stock opened at $197.47 on Friday. Zscaler, Inc. has a twelve month low of $114.63 and a twelve month high of $336.99. The company has a quick ratio of 1.70, a current ratio of 1.70 and a debt-to-equity ratio of 0.65. The stock’s 50 day moving average is $167.06 and its 200 day moving average is $151.50. The company has a market capitalization of $32.20 billion, a P/E ratio of -506.33, a PEG ratio of 23.05 and a beta of 0.95.

Zscaler (NASDAQ:ZS) last announced its quarterly earnings data on Thursday, September 3rd. The company reported $1.19 earnings per share for the quarter, topping analysts’ consensus estimates of $1.09 by $0.10. The company had revenue of $898.19 million during the quarter, compared to analyst estimates of $876.96 million. Zscaler had a negative net margin of 1.88% and a positive return on equity of 1.23%. The firm’s revenue for the quarter was up 24.9% on a year-over-year basis. During the same period in the previous year, the business earned $0.89 EPS. Zscaler has set its FY 2027 guidance at 4.860-4.900 EPS and its Q1 2027 guidance at 1.150-1.160 EPS. On average, equities research analysts predict that Zscaler, Inc. will post 0.61 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. BlackRock Inc. purchased a new position in shares of Zscaler in the second quarter worth $1,396,028,000. First Trust Advisors LP grew its stake in Zscaler by 36.2% during the first quarter. First Trust Advisors LP now owns 3,518,678 shares of the company’s stock valued at $493,635,000 after acquiring an additional 935,781 shares in the last quarter. Geode Capital Management LLC increased its holdings in Zscaler by 5.0% in the 4th quarter. Geode Capital Management LLC now owns 2,069,630 shares of the company’s stock valued at $464,783,000 after acquiring an additional 98,140 shares during the last quarter. Pictet Asset Management Holding SA lifted its stake in Zscaler by 52.5% in the 1st quarter. Pictet Asset Management Holding SA now owns 1,920,540 shares of the company’s stock worth $269,285,000 after purchasing an additional 661,413 shares in the last quarter. Finally, Amundi lifted its stake in Zscaler by 12.8% in the 2nd quarter. Amundi now owns 1,137,837 shares of the company’s stock worth $160,606,000 after purchasing an additional 129,563 shares in the last quarter. 46.45% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on ZS shares. Cantor Fitzgerald restated an “overweight” rating and set a $225.00 price target on shares of Zscaler in a research note on Friday, September 4th. Citigroup lifted their price target on shares of Zscaler from $175.00 to $205.00 and gave the stock a “buy” rating in a research note on Tuesday, September 8th. B. Riley Financial decreased their target price on Zscaler from $225.00 to $215.00 and set a “buy” rating on the stock in a report on Wednesday, May 27th. Scotiabank reissued an “outperform” rating on shares of Zscaler in a report on Friday, September 4th. Finally, Zacks Research cut Zscaler from a “hold” rating to a “strong sell” rating in a research report on Thursday, September 3rd. Thirty-four equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Zscaler presently has a consensus rating of “Moderate Buy” and a consensus price target of $218.38.

Key Stories Impacting Zscaler

Here are the key news stories impacting Zscaler this week:

• Positive Sentiment: Options traders purchased a large volume of Zscaler call options, signaling bullish positioning and expectations for additional share-price strength. Traders Purchase Large Volume of Call Options on Zscaler
• Positive Sentiment: Recent earnings momentum remains supportive: Zscaler exceeded quarterly EPS and revenue estimates, with revenue rising 24.9% year over year. The company is also expanding beyond its traditional seat-based business into data security and security for artificial intelligence. Q2 Earnings Highlights: Zscaler Vs. The Rest of the Cybersecurity Stocks
• Positive Sentiment: Zscaler is being highlighted as a strong momentum stock, which may attract additional technical and style-focused investors as shares trade well above their longer-term moving averages. Why Zscaler Is a Strong Momentum Stock
• Neutral Sentiment: Six company insiders, including the CEO and CFO, reported sales totaling approximately 21,473 shares and $4.1 million. Most sales were conducted under Rule 10b5-1 plans or to cover tax withholding on vested equity, reducing their value as a direct bearish signal. Zscaler Insider Transaction Filing
• Negative Sentiment: Analysts and investors are increasingly focused on decelerating annual recurring revenue growth. Although Zscaler’s broader growth engine remains strong, slower ARR could pressure the valuation of the high-growth cybersecurity stock. Zscaler Growth Engine Is Strong, But Slowing ARR Could Pressure the Stock

About Zscaler

Zscaler, Inc is a cloud-native cybersecurity company that provides security services designed to help organizations connect users, devices, applications and workloads securely over the internet. Its platform is built around a zero-trust security model, which verifies access based on identity, context and policy rather than relying primarily on a traditional corporate network perimeter.

The company’s offerings include Zscaler Internet Access, which secures access to internet and software-as-a-service applications, and Zscaler Private Access, which provides secure, policy-based access to private applications without requiring conventional virtual private networks.