Raj Judge Sells 4,524 Shares of Zscaler (NASDAQ:ZS) Stock

Key Points

• Zscaler's EVP Raj Judge sold 4,524 shares of stock at an average price of $280.70, resulting in a total transaction value of approximately $1.27 million and a 5.77% decrease in ownership.
• The company's stock price declined by 0.9% to $279.46, with a market cap of $44.24 billion and a 1-year trading range between $164.78 and $318.46.
• Zscaler recently reported earnings of $0.89 EPS, surpassing estimates by $0.09, and set an FY 2026 guidance of $3.640-3.680 EPS, with expected overall revenue growth of 21.3% year-over-year.

Zscaler, Inc. (NASDAQ:ZS - Get Free Report) EVP Raj Judge sold 4,524 shares of the stock in a transaction that occurred on Tuesday, September 16th. The stock was sold at an average price of $280.70, for a total value of $1,269,886.80. Following the completion of the transaction, the executive vice president directly owned 73,832 shares of the company's stock, valued at $20,724,642.40. This trade represents a 5.77% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Zscaler Stock Performance

Shares of NASDAQ:ZS traded up $3.16 during midday trading on Friday, hitting $294.27. The company's stock had a trading volume of 2,049,598 shares, compared to its average volume of 1,883,776. Zscaler, Inc. has a fifty-two week low of $164.78 and a fifty-two week high of $318.46. The stock has a market capitalization of $46.58 billion, a price-to-earnings ratio of -1,089.89 and a beta of 1.05. The stock's 50 day simple moving average is $280.39 and its 200 day simple moving average is $257.29. The company has a debt-to-equity ratio of 0.95, a quick ratio of 2.01 and a current ratio of 2.01.

Zscaler (NASDAQ:ZS - Get Free Report) last released its quarterly earnings data on Tuesday, September 2nd. The company reported $0.89 EPS for the quarter, beating analysts' consensus estimates of $0.80 by $0.09. The business had revenue of $719.23 million during 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%. The firm's quarterly revenue was up 21.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.88 EPS. 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, research analysts anticipate that Zscaler, Inc. will post -0.1 earnings per share for the current year.

Analyst Ratings Changes

ZS has been the topic of a number of recent analyst reports. JMP Securities reaffirmed a "market outperform" rating and set a $355.00 price target on shares of Zscaler in a report on Wednesday, September 3rd. KeyCorp lifted their price target on Zscaler from $345.00 to $350.00 and gave the stock an "overweight" rating in a report on Wednesday, September 3rd. Truist Financial reaffirmed a "buy" rating and issued a $300.00 price target (up from $260.00) on shares of Zscaler in a report on Friday, May 30th. Mizuho upped their target price on Zscaler from $275.00 to $290.00 and gave the company a "neutral" rating in a report on Wednesday, June 4th. Finally, JPMorgan Chase & Co. raised their price objective on Zscaler from $348.00 to $351.00 and gave the company an "overweight" rating in a research note on Wednesday, September 3rd. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Zscaler presently has a consensus rating of "Moderate Buy" and an average target price of $307.00.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of ZS. T. Rowe Price Investment Management Inc. bought a new position in shares of Zscaler in the first quarter worth approximately $516,622,000. Federated Hermes Inc. grew its holdings in shares of Zscaler by 314.0% in the second quarter. Federated Hermes Inc. now owns 1,171,983 shares of the company's stock valued at $367,932,000 after purchasing an additional 888,888 shares during the period. Vanguard Group Inc. raised its holdings in Zscaler by 8.3% in the second quarter. Vanguard Group Inc. now owns 10,715,132 shares of the company's stock valued at $3,363,909,000 after acquiring an additional 824,626 shares in the last quarter. Nuveen LLC acquired a new stake in Zscaler in the first quarter valued at $153,340,000. Finally, Goldman Sachs Group Inc. grew its holdings in Zscaler by 23.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 3,048,238 shares of the company's stock valued at $604,831,000 after buying an additional 578,883 shares during the period. 46.45% of the stock is owned by institutional investors.

Zscaler Company Profile

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.