Adam Geller Sells 11,193 Shares of Zscaler (NASDAQ:ZS) Stock

Key Points

• Adam Geller, an insider at Zscaler, sold 11,193 shares of the company's stock on September 16th for a total of $3.14 million, reducing his stake by 17.18%.
• Zscaler's latest quarterly earnings report showed $0.89 earnings per share, exceeding expectations, with revenues up 21.3% compared to the previous year.
• Analysts have issued a generally positive outlook for Zscaler, with an average price target of $307.00 and multiple upgrades, affirming an overall rating of "Moderate Buy."

Zscaler, Inc. (NASDAQ:ZS - Get Free Report) insider Adam Geller sold 11,193 shares of the firm's stock in a transaction that occurred on Tuesday, September 16th. The shares were sold at an average price of $280.70, for a total transaction of $3,141,875.10. Following the completion of the transaction, the insider owned 53,942 shares of the company's stock, valued at approximately $15,141,519.40. This trade represents a 17.18% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

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

• On Wednesday, September 17th, Adam Geller sold 10,464 shares of Zscaler stock. The stock was sold at an average price of $284.25, for a total transaction of $2,974,392.00.

Zscaler Trading Down 0.9%

NASDAQ ZS traded down $2.50 on Wednesday, hitting $279.46. The company's stock had a trading volume of 1,295,192 shares, compared to its average volume of 1,803,299. The company's 50-day moving average is $280.40 and its 200 day moving average is $255.47. The firm has a market cap of $44.24 billion, a PE ratio of -1,035.04 and a beta of 1.05. Zscaler, Inc. has a 1-year low of $164.78 and a 1-year high of $318.46. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.95.

Zscaler (NASDAQ:ZS - Get Free Report) last issued its quarterly earnings data on Tuesday, September 2nd. The company reported $0.89 earnings per share for the quarter, topping the consensus estimate of $0.80 by $0.09. The company had revenue of $719.23 million for the quarter, compared to analysts' expectations of $707.15 million. Zscaler had a negative net margin of 1.55% and a negative return on equity of 0.47%. Zscaler's revenue for the quarter was up 21.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.88 earnings per share. Zscaler has set its FY 2026 guidance at 3.640-3.680 EPS. Q1 2026 guidance at 0.850-0.860 EPS. As a group, analysts predict that Zscaler, Inc. will post -0.1 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Valeo Financial Advisors LLC bought a new stake in Zscaler during the second quarter worth $217,000. China Universal Asset Management Co. Ltd. boosted its holdings in Zscaler by 46.0% during the 2nd quarter. China Universal Asset Management Co. Ltd. now owns 5,535 shares of the company's stock worth $1,738,000 after acquiring an additional 1,745 shares during the last quarter. Orion Porfolio Solutions LLC grew its stake in shares of Zscaler by 41.9% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 4,374 shares of the company's stock worth $1,373,000 after acquiring an additional 1,292 shares in the last quarter. Munro Partners purchased a new stake in shares of Zscaler in the second quarter valued at about $3,221,000. Finally, Thrivent Financial for Lutherans bought a new position in shares of Zscaler during the second quarter valued at about $232,000. Hedge funds and other institutional investors own 46.45% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on ZS. KeyCorp raised their price objective on Zscaler from $345.00 to $350.00 and gave the stock an "overweight" rating in a research report on Wednesday, September 3rd. Stifel Nicolaus increased their target price on shares of Zscaler from $295.00 to $330.00 and gave the company a "buy" rating in a research report on Wednesday, September 3rd. Roth Capital restated a "neutral" rating on shares of Zscaler in a research report on Wednesday, May 28th. Barclays increased their price objective on shares of Zscaler from $300.00 to $320.00 and gave the stock an "overweight" rating in a research report on Wednesday, September 3rd. Finally, BMO Capital Markets lifted their target price on shares of Zscaler from $295.00 to $315.00 and gave the stock an "outperform" rating in a research note on Wednesday, September 3rd. One analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Zscaler has an average rating of "Moderate Buy" and an average price target of $307.00.

About Zscaler

Zscaler, Inc operates as a cloud security company worldwide. The company offers Zscaler Internet Access solution that provides users, workloads, IoT, and OT devices secure access to externally managed applications, including software-as-a-service (SaaS) applications and internet destinations; and Zscaler Private Access solution, which is designed to provide access to managed applications hosted internally in data centers, and private or public clouds.

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