Zscaler (NASDAQ:ZS) CFO Sells $102,388.32 in Stock

Zscaler, Inc. (NASDAQ:ZS) CFO Kevin Rubin sold 519 shares of the firm’s stock in a transaction that occurred on Friday, September 25th. The stock was sold at an average price of $197.28, for a total transaction of $102,388.32. Following the sale, the chief financial officer owned 42,768 shares of the company’s stock, valued at $8,437,271.04. The trade was a 1.20% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Kevin Rubin also recently made the following trade(s):

• On Wednesday, September 16th, Kevin Rubin sold 5,957 shares of Zscaler stock. The shares were sold at an average price of $192.76, for a total value of $1,148,271.32.
• On Tuesday, August 25th, Kevin Rubin sold 503 shares of Zscaler stock. The stock was sold at an average price of $173.38, for a total value of $87,210.14.
• On Monday, July 27th, Kevin Rubin sold 503 shares of Zscaler stock. The stock was sold at an average price of $147.12, for a total value of $74,001.36.

Zscaler Trading Up 3.3%

Shares of Zscaler stock traded up $6.34 on Monday, reaching $199.39. 3,781,477 shares of the company were exchanged, compared to its average volume of 3,803,179. The stock has a fifty day moving average price of $175.23 and a 200-day moving average price of $153.83. The firm has a market capitalization of $32.51 billion, a price-to-earnings ratio of -511.26, a price-to-earnings-growth ratio of 20.12 and a beta of 0.95. The company has a current ratio of 1.70, a quick ratio of 1.70 and a debt-to-equity ratio of 0.65. Zscaler, Inc. has a fifty-two week low of $114.63 and a fifty-two week high of $336.99.

Zscaler (NASDAQ:ZS) last released its quarterly earnings results on Thursday, September 3rd. The company reported $1.19 earnings per share for the quarter, beating analysts’ consensus estimates of $1.09 by $0.10. The business had revenue of $898.19 million during the quarter, compared to analyst estimates of $876.96 million. Zscaler had a positive return on equity of 1.23% and a negative net margin of 1.88%.Zscaler’s revenue for the quarter was up 24.9% on a year-over-year basis. During the same quarter last year, the company posted $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, analysts expect that Zscaler, Inc. will post 0.7 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of ZS. University of Texas Texas AM Investment Management Co. acquired a new position in Zscaler during the fourth quarter worth $30,000. POM Investment Strategies LLC lifted its position in shares of Zscaler by 92.9% in the second quarter. POM Investment Strategies LLC now owns 218 shares of the company’s stock worth $31,000 after buying an additional 105 shares during the last quarter. Western Wealth Management LLC acquired a new stake in shares of Zscaler in the first quarter worth about $33,000. Reflection Asset Management bought a new stake in shares of Zscaler during the 4th quarter worth about $40,000. Finally, Continuum Advisory LLC acquired a new position in shares of Zscaler during the 2nd quarter valued at about $43,000. Institutional investors own 46.45% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have issued reports on ZS shares. Canaccord Genuity Group reissued a “buy” rating and set a $210.00 target price on shares of Zscaler in a research note on Friday, September 4th. Stifel Nicolaus boosted their price objective on shares of Zscaler from $175.00 to $200.00 and gave the company a “buy” rating in a research report on Wednesday, August 19th. Wedbush reaffirmed an “outperform” rating and issued a $215.00 price target on shares of Zscaler in a research note on Monday. Mizuho increased their price objective on Zscaler from $210.00 to $220.00 and gave the stock an “outperform” rating in a report on Friday. Finally, KeyCorp upped their target price on Zscaler from $185.00 to $210.00 and gave the stock an “overweight” rating in a research report on Friday, August 21st. Thirty-four investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $219.28.

Zscaler Company Profile

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.