Insider Selling: Zscaler (NASDAQ:ZS) CFO Sells $762,398.46 in Stock

Zscaler, Inc. (NASDAQ:ZS) CFO Kevin Rubin sold 3,303 shares of Zscaler stock in a transaction that occurred on Tuesday, December 16th. The shares were sold at an average price of $230.82, for a total transaction of $762,398.46. Following the sale, the chief financial officer owned 48,161 shares in the company, valued at approximately $11,116,522.02. The trade was a 6.42% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Zscaler Price Performance

ZS stock opened at $232.55 on Friday. The company’s fifty day moving average price is $285.19 and its 200-day moving average price is $289.24. Zscaler, Inc. has a one year low of $164.78 and a one year high of $336.99. The company has a market capitalization of $37.08 billion, a PE ratio of -894.39 and a beta of 1.07. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.82 and a current ratio of 1.82.

Zscaler (NASDAQ:ZS) last issued its earnings results on Tuesday, November 25th. The company reported $0.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.85 by $0.11. Zscaler had a negative return on equity of 0.12% and a negative net margin of 1.45%.The firm had revenue of $788.11 million for the quarter, compared to analysts’ expectations of $773.86 million. During the same period in the previous year, the firm posted $0.77 earnings per share. The business’s revenue was up 25.5% compared to the same quarter last year. Zscaler has set its FY 2026 guidance at 3.780-3.820 EPS and its Q2 2026 guidance at 0.890-0.900 EPS. On average, equities analysts anticipate that Zscaler, Inc. will post -0.1 EPS for the current fiscal year.

Wall Street Analyst Weigh In

ZS has been the subject of a number of analyst reports. KeyCorp raised their price target on Zscaler from $345.00 to $350.00 and gave the stock an “overweight” rating in a research report on Wednesday, September 3rd. Bank of America decreased their target price on Zscaler from $355.00 to $335.00 and set a “buy” rating for the company in a research report on Wednesday, November 26th. Macquarie initiated coverage on shares of Zscaler in a research note on Friday, October 31st. They set an “outperform” rating and a $390.00 price objective on the stock. Citizens Jmp reiterated a “market outperform” rating and issued a $355.00 target price on shares of Zscaler in a research note on Wednesday, November 26th. Finally, Capital One Financial set a $320.00 price objective on Zscaler and gave the company an “overweight” rating in a report on Wednesday, November 26th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $322.66.

Institutional Investors Weigh In On Zscaler

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. FNY Investment Advisers LLC raised its position in Zscaler by 65.4% during the third quarter. FNY Investment Advisers LLC now owns 5,497 shares of the company’s stock worth $1,647,000 after acquiring an additional 2,173 shares during the period. IFP Advisors Inc increased its stake in shares of Zscaler by 4.5% during the third quarter. IFP Advisors Inc now owns 1,670 shares of the company’s stock worth $500,000 after purchasing an additional 72 shares in the last quarter. Swiss Life Asset Management Ltd raised its holdings in shares of Zscaler by 13.9% during the third quarter. Swiss Life Asset Management Ltd now owns 17,812 shares of the company’s stock valued at $5,338,000 after acquiring an additional 2,174 shares during the last quarter. Groupama Asset Managment raised its stake in Zscaler by 76,352.6% in the 3rd quarter. Groupama Asset Managment now owns 4,750,000 shares of the company’s stock valued at $1,423,385,000 after purchasing an additional 4,743,787 shares during the last quarter. Finally, Investment Research Partners LLC purchased a new position in shares of Zscaler in the third quarter worth about $279,000. Hedge funds and other institutional investors 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.