Zscaler (NASDAQ:ZS) CFO Kevin Rubin Sells 514 Shares of Company Stock

Key Points

• Zscaler CFO Kevin Rubin sold 514 shares at an average price of $259.15, generating $133,203.10; the transaction was conducted under a pre-arranged Rule 10b5-1 plan and reduced his ownership by 0.82%.
• Zscaler reported quarterly revenue of $898.19 million, up 24.9% year over year, and adjusted EPS of $1.19, exceeding analyst expectations of $876.96 million in revenue and $1.09 EPS.
• Analyst sentiment remains positive, with 37 Buy ratings, eight Holds and one Sell, producing a consensus “Moderate Buy” rating and a $240.14 target price, while institutional investors own 46.45% of the company.

Zscaler, Inc. (NASDAQ:ZS - Get Free Report) CFO Kevin Rubin sold 514 shares of the company's stock in a transaction that occurred on Monday, October 26th. The shares were sold at an average price of $259.15, for a total value of $133,203.10. Following the completion of the sale, the chief financial officer owned 62,113 shares of the company's stock, valued at $16,096,583.95. This trade represents a 0.82% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Kevin Rubin also recently made the following trade(s):

• On Friday, September 25th, Kevin Rubin sold 519 shares of Zscaler stock. The shares were sold at an average price of $197.28, for a total value of $102,388.32.
• On Wednesday, September 16th, Kevin Rubin sold 5,957 shares of Zscaler stock. The stock was sold at an average price of $192.76, for a total value of $1,148,271.32.
• On Tuesday, August 25th, Kevin Rubin sold 503 shares of Zscaler stock. The stock was sold at an average price of $173.38, for a total value of $87,210.14.

Zscaler Trading Down 0.1%

NASDAQ:ZS traded down $0.30 during trading hours on Tuesday, hitting $260.15. The company had a trading volume of 2,519,547 shares, compared to its average volume of 3,335,178. The company has a current ratio of 1.70, a quick ratio of 1.70 and a debt-to-equity ratio of 0.65. The company has a 50-day moving average of $198.76 and a 200 day moving average of $167.03. The company has a market cap of $42.42 billion, a P/E ratio of -667.05, a P/E/G ratio of 24.52 and a beta of 0.94. Zscaler, Inc. has a 1 year low of $114.63 and a 1 year high of $336.99.

Zscaler (NASDAQ:ZS - Get Free Report) last issued its earnings results on Thursday, September 3rd. The company reported $1.19 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.09 by $0.10. Zscaler had a positive return on equity of 1.23% and a negative net margin of 1.88%. The business had revenue of $898.19 million during the quarter, compared to the consensus estimate of $876.96 million. During the same period last year, the company earned $0.89 EPS. The company's revenue for the quarter was up 24.9% on a year-over-year basis. Zscaler has set its FY 2027 guidance at 4.860-4.900 EPS and its Q1 2027 guidance at 1.150-1.160 EPS. Sell-side analysts expect that Zscaler, Inc. will post 0.69 earnings per share for the current year.

Analyst Ratings Changes

Several equities analysts have weighed in on ZS shares. Sanford C. Bernstein boosted their target price on shares of Zscaler from $224.00 to $298.00 and gave the company an "outperform" rating in a report on Thursday, September 17th. Zacks Research upgraded shares of Zscaler from a "strong sell" rating to a "hold" rating in a report on Friday, October 2nd. Royal Bank Of Canada restated an "outperform" rating and set a $236.00 price target on shares of Zscaler in a report on Wednesday, October 7th. Needham & Company LLC lifted their price target on shares of Zscaler from $215.00 to $255.00 and gave the company a "buy" rating in a research report on Wednesday, October 7th. Finally, Wells Fargo & Company upped their price objective on Zscaler from $215.00 to $260.00 and gave the company an "overweight" rating in a report on Wednesday, October 7th. Thirty-seven analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, Zscaler currently has an average rating of "Moderate Buy" and a consensus target price of $240.14.

Key Headlines Impacting Zscaler

Here are the key news stories impacting Zscaler this week:

• Positive Sentiment: Bank of America maintained its Buy rating on Zscaler, reinforcing analyst confidence in the company’s cloud-security growth prospects. Bank of America Securities Sticks to Their Buy Rating for Zscaler
• Positive Sentiment: Articles highlighted Zscaler as a beneficiary of rising cyber threats and growing enterprise adoption of AI-powered security tools. Zscaler’s shares recently gained about 23% in five trading sessions as the broader cybersecurity group rallied. Top AI-Powered Cybersecurity Stocks to Buy as Digital Threats Rise
• Positive Sentiment: Zscaler announced India partner award winners at PartnerConnect 2026, highlighting channel engagement and efforts to expand its regional ecosystem. Zscaler Announces India Partner Award Winners
• Neutral Sentiment: Comparisons with Alphabet center on which company offers the better combination of cloud-security growth, earnings revisions and valuation. Zscaler provides more focused exposure to cloud security, but Alphabet may offer broader diversification and a different valuation profile. Zscaler vs. Alphabet: Which Cloud Security Stock Has the Edge?
• Neutral Sentiment: Zscaler is receiving unusually high investor attention, but “trending stock” coverage is not itself a fundamental catalyst. Zscaler Is a Trending Stock
• Negative Sentiment: One analysis argued that Zscaler’s AI tailwinds may be largely priced into the stock following its strong advance, raising the risk of limited near-term upside unless growth and earnings exceed expectations. Zscaler: AI Tailwinds Appear To Be Mostly Priced In

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of ZS. BlackRock Inc. purchased a new stake in shares of Zscaler in the 2nd quarter valued at approximately $1,396,028,000. First Trust Advisors LP boosted its position in shares of Zscaler by 36.2% during the 1st quarter. First Trust Advisors LP now owns 3,518,678 shares of the company's stock worth $493,635,000 after purchasing an additional 935,781 shares during the period. Amundi increased its holdings in Zscaler by 12.8% in the 2nd quarter. Amundi now owns 1,137,837 shares of the company's stock valued at $160,606,000 after purchasing an additional 129,563 shares during the last quarter. Wellington Management Group LLP increased its holdings in Zscaler by 23.5% in the 2nd quarter. Wellington Management Group LLP now owns 1,103,212 shares of the company's stock valued at $155,718,000 after purchasing an additional 209,711 shares during the last quarter. Finally, Bank of America Corp DE increased its holdings in Zscaler by 44.3% in the 1st quarter. Bank of America Corp DE now owns 779,245 shares of the company's stock valued at $109,320,000 after purchasing an additional 239,326 shares during the last quarter. Hedge funds and other institutional investors own 46.45% of the company's stock.

Zscaler Company Profile

Zscaler, Inc is a cloud-based cybersecurity company that helps organizations secure access to applications, websites, data and other digital resources. Its platform is designed around a zero-trust security model, which verifies users and devices and enforces security policies before granting access, rather than relying primarily on a traditional corporate network perimeter.

The company's offerings include Zscaler Internet Access, which provides secure access to internet and software-as-a-service applications, and Zscaler Private Access, which enables secure access to private applications without extending an organization's network to users.

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