Insider Selling: Zscaler (NASDAQ:ZS) CFO Sells 503 Shares of Stock

Zscaler, Inc. (NASDAQ:ZS) CFO Kevin Rubin sold 503 shares of the stock in a transaction that occurred on Monday, July 27th. The stock was sold at an average price of $147.12, for a total value of $74,001.36. Following the completion of the transaction, the chief financial officer directly owned 41,398 shares of the company’s stock, valued at approximately $6,090,473.76. The trade was a 1.20% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through 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 Thursday, June 25th, Kevin Rubin sold 3,000 shares of Zscaler stock. The shares were sold at an average price of $124.22, for a total value of $372,660.00.
• On Tuesday, June 16th, Kevin Rubin sold 1,686 shares of Zscaler stock. The shares were sold at an average price of $126.43, for a total value of $213,160.98.

Zscaler Price Performance

NASDAQ:ZS traded up $4.33 during trading hours on Tuesday, reaching $151.63. The company had a trading volume of 2,382,251 shares, compared to its average volume of 2,325,072. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.72. The stock has a 50-day moving average of $142.04 and a two-hundred day moving average of $155.30. Zscaler, Inc. has a one year low of $114.63 and a one year high of $336.99. The firm has a market capitalization of $24.52 billion, a PE ratio of -315.89, a PEG ratio of 84.41 and a beta of 0.96.

Zscaler (NASDAQ:ZS) last issued its quarterly earnings data on Tuesday, May 26th. The company reported $1.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.01 by $0.07. Zscaler had a negative return on equity of 0.37% and a negative net margin of 2.44%.The company had revenue of $850.48 million during the quarter, compared to analysts’ expectations of $835.14 million. During the same period last year, the business earned $0.84 earnings per share. The business’s revenue was up 25.4% on a year-over-year basis. Zscaler has set its Q4 2026 guidance at 1.080-1.090 EPS and its FY 2026 guidance at 4.100-4.110 EPS. Analysts forecast that Zscaler, Inc. will post 0.12 earnings per share for the current year.

Analyst Ratings Changes

ZS has been the subject of several analyst reports. Stifel Nicolaus cut their price target on shares of Zscaler from $180.00 to $175.00 and set a “buy” rating for the company in a report on Wednesday, May 27th. Wedbush reiterated an “outperform” rating and issued a $220.00 target price on shares of Zscaler in a research note on Wednesday, June 10th. Cantor Fitzgerald restated an “overweight” rating and set a $225.00 price target on shares of Zscaler in a research report on Wednesday, June 10th. Needham & Company LLC reaffirmed a “buy” rating and set a $180.00 price target on shares of Zscaler in a report on Wednesday, June 10th. Finally, BTIG Research reissued a “neutral” rating on shares of Zscaler in a research note on Thursday, April 9th. Thirty-four equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $214.21.

Institutional Trading of Zscaler

Hedge funds and other institutional investors have recently modified their holdings of the stock. Integrated Wealth Concepts LLC boosted its position in Zscaler by 19.9% in the 1st quarter. Integrated Wealth Concepts LLC now owns 1,439 shares of the company’s stock valued at $285,000 after buying an additional 239 shares during the last quarter. NewEdge Advisors LLC boosted its holdings in Zscaler by 8.2% in the first quarter. NewEdge Advisors LLC now owns 4,899 shares of the company’s stock valued at $972,000 after acquiring an additional 370 shares during the last quarter. Empowered Funds LLC increased its position in Zscaler by 9.2% in the first quarter. Empowered Funds LLC now owns 2,811 shares of the company’s stock worth $558,000 after purchasing an additional 238 shares during the period. Sivia Capital Partners LLC bought a new stake in Zscaler during the 2nd quarter worth about $252,000. Finally, Jump Financial LLC acquired a new position in Zscaler during the 2nd quarter valued at about $3,019,000. Institutional investors and hedge funds own 46.45% of the company’s stock.

Zscaler Company Profile

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.