Adam Geller Sells 10,464 Shares of Zscaler (NASDAQ:ZS) Stock

Key Points

• Adam Geller, a Zscaler insider, sold 10,464 shares at an average price of $284.25, decreasing his ownership by 19.40% and leaving him with approximately 43,478 shares valued at over $12 million.
• Zscaler reported a 21.3% increase in revenue year-over-year for the quarter, with earnings per share of $0.89, exceeding analysts' expectations of $0.80.
• Wall Street analysts maintain a consensus rating of "Moderate Buy" for Zscaler, with a target price averaging $307.00, highlighting strong institutional interest in the stock.

Zscaler, Inc. (NASDAQ:ZS - Get Free Report) insider Adam Geller sold 10,464 shares of the company's stock in a transaction that occurred on Wednesday, September 17th. The shares were sold at an average price of $284.25, for a total value of $2,974,392.00. Following the completion of the transaction, the insider owned 43,478 shares in the company, valued at $12,358,621.50. This represents a 19.40% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

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

• On Tuesday, September 16th, Adam Geller sold 11,193 shares of Zscaler stock. The shares were sold at an average price of $280.70, for a total value of $3,141,875.10.

Zscaler Trading Up 1.1%

ZS traded up $3.16 during trading hours on Friday, reaching $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 cap of $46.58 billion, a PE ratio of -1,089.89 and a beta of 1.05. The business's 50-day moving average is $280.39 and its 200-day moving average is $256.87. The company has a debt-to-equity ratio of 0.95, a current ratio of 2.01 and a quick 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. Zscaler had a negative return on equity of 0.47% and a negative net margin of 1.55%.The firm had revenue of $719.23 million for the quarter, compared to analysts' expectations of $707.15 million. During the same period in the prior year, the firm posted $0.88 earnings per share. The firm's quarterly revenue was up 21.3% on a year-over-year basis. 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, equities research analysts predict that Zscaler, Inc. will post -0.1 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of analysts have issued reports on ZS shares. Bank of America boosted their target price on Zscaler from $285.00 to $340.00 and gave the company a "buy" rating in a research report on Monday, June 9th. Zacks Research lowered Zscaler from a "hold" rating to a "strong sell" rating in a research report on Wednesday, September 3rd. Wells Fargo & Company raised Zscaler from an "equal weight" rating to an "overweight" rating and boosted their target price for the company from $260.00 to $385.00 in a research report on Friday, June 13th. Wedbush reissued an "outperform" rating and issued a $330.00 target price on shares of Zscaler in a research report on Wednesday, September 3rd. Finally, Susquehanna boosted their target price on Zscaler from $320.00 to $340.00 and gave the company a "positive" rating in a research report on Wednesday, September 3rd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $307.00.

Institutional Trading of Zscaler

A number of large investors have recently modified their holdings of ZS. Quantinno Capital Management LP increased its position in shares of Zscaler by 26.8% during the fourth quarter. Quantinno Capital Management LP now owns 16,672 shares of the company's stock worth $3,008,000 after acquiring an additional 3,528 shares during the period. Tidal Investments LLC increased its holdings in Zscaler by 32.8% in the fourth quarter. Tidal Investments LLC now owns 45,275 shares of the company's stock valued at $8,168,000 after buying an additional 11,177 shares during the last quarter. Twinbeech Capital LP purchased a new position in Zscaler in the fourth quarter valued at $449,000. Worldquant Millennium Advisors LLC purchased a new position in Zscaler in the fourth quarter valued at $31,950,000. Finally, Focus Partners Advisor Solutions LLC purchased a new position in Zscaler in the fourth quarter valued at $230,000. Hedge funds and other institutional investors own 46.45% of the company's stock.

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.