Zscaler (NASDAQ:ZS) CFO Sells 514 Shares of Company Stock

Zscaler, Inc. (NASDAQ:ZS) CFO Kevin Rubin sold 514 shares of the business’s stock in a transaction on Monday, October 26th. The shares were sold at an average price of $259.15, for a total value of $133,203.10. Following the completion of the sale, the chief financial officer owned 62,113 shares in the company, valued at $16,096,583.95. This represents a 0.82% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Friday, September 25th, Kevin Rubin sold 519 shares of Zscaler stock. The stock was sold at an average price of $197.28, for a total value of $102,388.32.
• On Wednesday, September 16th, Kevin Rubin sold 5,957 shares of Zscaler stock. The stock was sold at an average price of $192.76, for a total transaction of $1,148,271.32.
• On Tuesday, August 25th, Kevin Rubin sold 503 shares of Zscaler stock. The shares were sold at an average price of $173.38, for a total transaction of $87,210.14.

Zscaler Stock Down 0.1%

Shares of NASDAQ ZS traded down $0.30 during midday trading on Tuesday, hitting $260.15. The company’s stock had a trading volume of 2,519,547 shares, compared to its average volume of 3,335,178. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.70 and a quick ratio of 1.70. The firm has a market capitalization of $42.42 billion, a price-to-earnings ratio of -667.05, a price-to-earnings-growth ratio of 24.52 and a beta of 0.94. The business’s fifty day simple moving average is $198.76 and its two-hundred day simple moving average is $167.03. Zscaler, Inc. has a 1 year low of $114.63 and a 1 year high of $336.99.

Zscaler (NASDAQ:ZS) last released its earnings results on Thursday, September 3rd. The company reported $1.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $876.96 million. During the same period in the prior year, the business earned $0.89 EPS. The firm’s quarterly 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. On average, equities analysts predict that Zscaler, Inc. will post 0.69 EPS for the current year.

Trending Headlines about Zscaler

Here are the key news stories impacting Zscaler this week:

• Positive Sentiment: Bank of America maintained its Buy rating on Zscaler, reinforcing analyst confidence in the company’s cloud-security growth prospects. Bank of America Securities Sticks to Their Buy Rating for Zscaler
• Positive Sentiment: Articles highlighted Zscaler as a beneficiary of rising cyber threats and growing enterprise adoption of AI-powered security tools. Zscaler’s shares recently gained about 23% in five trading sessions as the broader cybersecurity group rallied. Top AI-Powered Cybersecurity Stocks to Buy as Digital Threats Rise
• Positive Sentiment: Zscaler announced India partner award winners at PartnerConnect 2026, highlighting channel engagement and efforts to expand its regional ecosystem. Zscaler Announces India Partner Award Winners
• Neutral Sentiment: Comparisons with Alphabet center on which company offers the better combination of cloud-security growth, earnings revisions and valuation. Zscaler provides more focused exposure to cloud security, but Alphabet may offer broader diversification and a different valuation profile. Zscaler vs. Alphabet: Which Cloud Security Stock Has the Edge?
• Neutral Sentiment: Zscaler is receiving unusually high investor attention, but “trending stock” coverage is not itself a fundamental catalyst. Zscaler Is a Trending Stock
• Negative Sentiment: One analysis argued that Zscaler’s AI tailwinds may be largely priced into the stock following its strong advance, raising the risk of limited near-term upside unless growth and earnings exceed expectations. Zscaler: AI Tailwinds Appear To Be Mostly Priced In

Institutional Investors Weigh In On Zscaler

Several institutional investors have recently added to or reduced their stakes in ZS. Handelsbanken Fonder AB grew its position in shares of Zscaler by 89.6% in the 2nd quarter. Handelsbanken Fonder AB now owns 60,933 shares of the company’s stock valued at $8,601,000 after buying an additional 28,792 shares during the last quarter. Assenagon Asset Management S.A. raised its stake in Zscaler by 6.6% during the 2nd quarter. Assenagon Asset Management S.A. now owns 193,297 shares of the company’s stock worth $27,284,000 after acquiring an additional 11,941 shares in the last quarter. Bank of America Corp DE lifted its position in Zscaler by 44.3% in the first quarter. Bank of America Corp DE now owns 779,245 shares of the company’s stock valued at $109,320,000 after acquiring an additional 239,326 shares during the last quarter. Danica Pension Livsforsikringsaktieselskab purchased a new stake in Zscaler in the second quarter valued at $11,232,000. Finally, Amundi lifted its position in Zscaler by 12.8% in the second quarter. Amundi now owns 1,137,837 shares of the company’s stock valued at $160,606,000 after acquiring an additional 129,563 shares during the last quarter. Hedge funds and other institutional investors own 46.45% of the company’s stock.

Wall Street Analyst Weigh In

ZS has been the topic of several analyst reports. Stephens increased their price objective on Zscaler from $225.00 to $265.00 and gave the company an “overweight” rating in a research note on Wednesday, October 7th. Wells Fargo & Company boosted their target price on Zscaler from $215.00 to $260.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 7th. Citizens Jmp upped their price target on Zscaler from $210.00 to $265.00 and gave the stock a “market outperform” rating in a report on Friday, October 9th. Roth Capital restated a “neutral” rating and set a $170.00 price target on shares of Zscaler in a report on Saturday, September 5th. Finally, Robert W. Baird increased their price target on Zscaler from $230.00 to $285.00 and gave the company an “outperform” rating in a research report on Wednesday, October 7th. Thirty-seven research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $240.14.

About Zscaler

Zscaler, Inc is a cloud-based cybersecurity company that helps organizations secure access to applications, websites, data and other digital resources. Its platform is designed around a zero-trust security model, which verifies users and devices and enforces security policies before granting access, rather than relying primarily on a traditional corporate network perimeter.

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