Zscaler (NASDAQ:ZS) Insider Adam Geller Sells 1,485 Shares

Zscaler, Inc. (NASDAQ:ZS) insider Adam Geller sold 1,485 shares of the business’s stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $156.59, for a total transaction of $232,536.15. Following the completion of the sale, the insider directly owned 49,043 shares in the company, valued at approximately $7,679,643.37. This represents a 2.94% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

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

• On Wednesday, March 18th, Adam Geller sold 2,094 shares of Zscaler stock. The stock was sold at an average price of $153.53, for a total transaction of $321,491.82.

Zscaler Trading Down 0.3%

Shares of Zscaler stock traded down $0.46 on Thursday, reaching $155.53. 1,852,982 shares of the company’s stock were exchanged, compared to its average volume of 2,657,656. Zscaler, Inc. has a 52 week low of $140.56 and a 52 week high of $336.99. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.90 and a current ratio of 1.90. The company has a market capitalization of $25.01 billion, a P/E ratio of -370.31 and a beta of 1.07. The firm’s 50-day moving average is $180.47 and its two-hundred day moving average is $244.35.

Zscaler (NASDAQ:ZS) last issued its quarterly earnings data on Thursday, February 26th. The company reported $1.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.89 by $0.12. Zscaler had a negative net margin of 2.25% and a positive return on equity of 0.06%. The firm had revenue of $815.75 million during the quarter, compared to analysts’ expectations of $798.92 million. During the same period last year, the company earned $0.78 earnings per share. The business’s revenue was up 25.9% on a year-over-year basis. Zscaler has set its Q3 2026 guidance at 1.000-1.010 EPS and its FY 2026 guidance at 3.990-4.020 EPS. Sell-side analysts predict that Zscaler, Inc. will post -0.1 EPS for the current fiscal year.

Hedge Funds Weigh In On Zscaler

A number of hedge funds have recently bought and sold shares of the business. Bessemer Group Inc. boosted its holdings in Zscaler by 3.2% in the third quarter. Bessemer Group Inc. now owns 1,021 shares of the company’s stock worth $306,000 after purchasing an additional 32 shares during the last quarter. Cox Capital Mgt LLC increased its holdings in Zscaler by 0.6% in the 3rd quarter. Cox Capital Mgt LLC now owns 5,576 shares of the company’s stock worth $1,671,000 after acquiring an additional 33 shares in the last quarter. Brookstone Capital Management raised its position in shares of Zscaler by 3.7% during the 3rd quarter. Brookstone Capital Management now owns 936 shares of the company’s stock valued at $280,000 after purchasing an additional 33 shares during the period. Wedbush Securities Inc. lifted its position in shares of Zscaler by 0.7% in the third quarter. Wedbush Securities Inc. now owns 5,129 shares of the company’s stock valued at $1,537,000 after acquiring an additional 34 shares in the last quarter. Finally, Goldstream Capital Management Ltd lifted its holdings in shares of Zscaler by 0.3% in the third quarter. Goldstream Capital Management Ltd now owns 12,450 shares of the company’s stock worth $3,731,000 after buying an additional 34 shares in the last quarter. Hedge funds and other institutional investors own 46.45% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have issued reports on ZS. UBS Group cut their price target on shares of Zscaler from $350.00 to $340.00 and set a “buy” rating for the company in a report on Wednesday, November 26th. Morgan Stanley lowered their price objective on shares of Zscaler from $305.00 to $200.00 and set an “overweight” rating for the company in a report on Friday, February 27th. Cantor Fitzgerald reduced their price target on Zscaler from $365.00 to $300.00 and set an “overweight” rating on the stock in a research report on Tuesday, February 24th. Citigroup dropped their target price on shares of Zscaler from $305.00 to $195.00 and set a “buy” rating for the company in a report on Monday, March 2nd. Finally, Bank of America cut their target price on shares of Zscaler from $355.00 to $335.00 and set a “buy” rating on the stock in a research note on Wednesday, November 26th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, Zscaler has a consensus rating of “Moderate Buy” and a consensus target price of $267.13.

Key Headlines Impacting Zscaler

Here are the key news stories impacting Zscaler this week:

• Positive Sentiment: Analysts maintain constructive stance — Zscaler has an average recommendation of “Moderate Buy,” which underpins buyer interest despite spot volatility. Zscaler, Inc. (NASDAQ:ZS) Receives Average Recommendation of “Moderate Buy” from Analysts
• Positive Sentiment: Strategic AI/security partnership — Zscaler and Bharti Airtel launched an AI & Cyber Threat Research Center in APAC, which can help drive regional sales and showcase AI security capabilities. Zscaler and Bharti Airtel announce launch of AI & Cyber Threat Research Center
• Positive Sentiment: Product expansion widens addressable market — Zscaler expanded global data‑sovereignty capabilities on its Zero Trust Exchange, strengthening its appeal to regulated customers. Zscaler (ZS) Expands Global Data Sovereignty Capabilities on Zero Trust Exchange
• Neutral Sentiment: Valuation and cash‑flow focus — a recent reassessment piece examines whether the current share price reflects fundamentals, keeping value‑oriented investors engaged but undecided. Reassessing Zscaler (ZS) After Recent Share Price Weakness And Cash Flow Forecasts
• Negative Sentiment: Price‑target cut by Oppenheimer — Oppenheimer trimmed its ZS target to $250 (from $280) citing cybersecurity valuation pressure, which can weigh on sentiment despite an Outperform rating. Zscaler, Inc. (ZS) Price Target Trimmed at Oppenheimer on Cybersecurity Valuation Pressure
• Negative Sentiment: Competitive/margin concerns flagged — a Zacks comparison highlights CrowdStrike’s edge in ARR growth and warns Zscaler may face margin pressure from newer AI offerings, a relative risk for investors weighing peers. CrowdStrike vs. Zscaler: Which Cybersecurity Stock Has an Edge?
• Negative Sentiment: Options and insider flows amplify downside risk — unusually heavy put buying (roughly 47,656 puts, ~74% above average) and near‑simultaneous insider sales by the CEO, CFO and other senior execs increase short‑term selling pressure and volatility. Zscaler Target of Unusually High Options Trading (NASDAQ:ZS) Example SEC Insider Sale Filing

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.