Zscaler (NASDAQ:ZS) Insider Adam Geller Sells 1,042 Shares of Stock

Zscaler, Inc. (NASDAQ:ZS) insider Adam Geller sold 1,042 shares of the stock in a transaction dated Monday, October 12th. The shares were sold at an average price of $235.95, for a total value of $245,859.90. Following the completion of the sale, the insider directly owned 38,308 shares in the company, valued at $9,038,772.60. This represents a 2.65% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Friday, October 9th, Adam Geller sold 23,958 shares of Zscaler stock. The shares were sold at an average price of $225.43, for a total value of $5,400,851.94.
• On Monday, September 21st, Adam Geller sold 661 shares of Zscaler stock. The stock was sold at an average price of $200.00, for a total value of $132,200.00.
• On Thursday, September 17th, Adam Geller sold 4,584 shares of Zscaler stock. The stock was sold at an average price of $192.01, for a total transaction of $880,173.84.
• On Wednesday, September 16th, Adam Geller sold 5,578 shares of Zscaler stock. The shares were sold at an average price of $192.76, for a total transaction of $1,075,215.28.

Zscaler Stock Up 1.3%

Shares of NASDAQ:ZS opened at $228.66 on Wednesday. Zscaler, Inc. has a fifty-two week low of $114.63 and a fifty-two week high of $336.99. The firm’s 50 day moving average price is $188.89 and its 200 day moving average price is $158.50. 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 has a market cap of $37.28 billion, a price-to-earnings ratio of -586.31, a price-to-earnings-growth ratio of 21.70 and a beta of 0.94.

Zscaler (NASDAQ:ZS) last posted its quarterly earnings results on Thursday, September 3rd. The company reported $1.19 EPS for the quarter, topping the consensus estimate of $1.09 by $0.10. Zscaler had a negative net margin of 1.88% and a positive return on equity of 1.23%. The company had revenue of $898.19 million during the quarter, compared to analysts’ expectations of $876.96 million. During the same quarter in the previous year, the business posted $0.89 EPS. The firm’s revenue was up 24.9% on a year-over-year basis. Zscaler has set its FY 2027 guidance at 4.860-4.900 EPS and its Q1 2027 guidance at 1.150-1.160 EPS. As a group, equities research analysts predict that Zscaler, Inc. will post 0.69 earnings per share for the current fiscal year.

Zscaler News Roundup

Here are the key news stories impacting Zscaler this week:

• Positive Sentiment: Investor-day outlook supports bullish sentiment: Zscaler reaffirmed its fiscal 2027 guidance and outlined a long-term path toward approximately $8 billion in annual recurring revenue, with additional upside tied to demand for AI-era cybersecurity. Several analysts reportedly raised their price targets following the event. Zscaler gains as investor-day outlook and analyst target hikes support shares
• Positive Sentiment: AI and international expansion provide growth catalysts: Analysts highlighted Zscaler’s AI-security opportunity, usage-based products and cross-selling potential. Separately, LinkAxia Networks plans to deliver Zscaler zero-trust solutions to Malaysia’s public sector and government-linked companies, potentially expanding its addressable market. LinkAxia Networks to Deliver Zscaler Zero Trust Security Solutions
• Neutral Sentiment: High investor attention and mixed analyst views: ZS was among the most-searched stocks on Zacks, indicating strong market interest, but recent commentary remains divided on whether the stock’s sharp rebound is justified by its fundamentals. Analysts’ Opinions Are Mixed on Technology Stocks
• Negative Sentiment: Growth is expected to moderate: Revenue growth could slow to roughly 17% in fiscal 2027, creating valuation risk after the recent rally. AI products and broader offerings may help offset the deceleration, but execution will be important. Zscaler’s Growth Likely to Slow to 17%
• Negative Sentiment: Insider sales and legal scrutiny add pressure: Chief Product Officer Adam Geller sold about $5.65 million of shares under a pre-arranged Rule 10b5-1 plan. Pomerantz LLP also announced an investigation into potential investor claims; the announcement does not establish wrongdoing, but could weigh on sentiment. Pomerantz Investor Alert

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the stock. BlackRock Inc. purchased a new stake in Zscaler in the second quarter valued at $1,396,028,000. First Trust Advisors LP grew its holdings in shares of Zscaler by 36.2% during the first quarter. First Trust Advisors LP now owns 3,518,678 shares of the company’s stock worth $493,635,000 after purchasing an additional 935,781 shares during the last quarter. Pictet Asset Management Holding SA grew its holdings in shares of Zscaler by 52.5% during the first 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 during the last quarter. Amundi increased its position in shares of Zscaler by 12.8% during the second 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. Finally, Wellington Management Group LLP increased its position in shares of Zscaler by 23.5% during the second quarter. Wellington Management Group LLP now owns 1,103,212 shares of the company’s stock worth $155,718,000 after purchasing an additional 209,711 shares in the last quarter. 46.45% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

ZS has been the subject of a number of analyst reports. BTIG Research reiterated a “neutral” rating on shares of Zscaler in a research note on Wednesday, October 7th. Royal Bank Of Canada restated an “outperform” rating and issued a $236.00 price target on shares of Zscaler in a research note on Wednesday, October 7th. Jefferies Financial Group lifted their price target on Zscaler from $220.00 to $250.00 and gave the stock a “buy” rating in a report on Wednesday, October 7th. Wells Fargo & Company upped their price objective on Zscaler from $215.00 to $260.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 7th. Finally, Stifel Nicolaus increased their price objective on Zscaler from $200.00 to $235.00 and gave the company a “buy” rating in a report on Wednesday, October 7th. Thirty-five research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $239.41.

About Zscaler

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

The company’s offerings include Zscaler Internet Access, which helps secure internet and software-as-a-service access, and Zscaler Private Access, which provides controlled access to private applications without extending an organization’s network to remote users.