Zscaler (NASDAQ:ZS) CEO Sells $804,205.50 in Stock

Key Points

• CEO Jagtar Singh Chaudhry sold 2,865 shares of Zscaler stock at an average price of $280.70, valuing the transaction at approximately $804,205.50.
• Zscaler reported a 21.3% year-over-year revenue growth in its recent quarterly earnings, with $719.23 million in revenue and an EPS of $0.89, exceeding analysts' expectations.
• Analysts have generally favorable views on Zscaler, with several upgrades and a consensus rating of "Moderate Buy", alongside an average price target of $307.00.

Zscaler, Inc. (NASDAQ:ZS - Get Free Report) CEO Jagtar Singh Chaudhry sold 2,865 shares of the firm's stock in a transaction on Tuesday, September 16th. The shares were sold at an average price of $280.70, for a total transaction of $804,205.50. Following the completion of the transaction, the chief executive officer owned 350,700 shares in the company, valued at $98,441,490. The trade was a 0.81% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Zscaler Stock Performance

NASDAQ:ZS traded up $3.16 during midday trading on Friday, reaching $294.27. The stock had a trading volume of 2,049,598 shares, compared to its average volume of 1,883,776. Zscaler, Inc. has a 1-year low of $164.78 and a 1-year high of $318.46. The firm's fifty day simple moving average is $280.39 and its 200-day simple 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. The stock has a market capitalization of $46.58 billion, a P/E ratio of -1,089.89 and a beta of 1.05.

Zscaler (NASDAQ:ZS - Get Free Report) last posted its earnings results on Tuesday, September 2nd. The company reported $0.89 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.80 by $0.09. Zscaler had a negative net margin of 1.55% and a negative return on equity of 0.47%. The business had revenue of $719.23 million for the quarter, compared to analyst estimates of $707.15 million. During the same period last year, the business posted $0.88 EPS. Zscaler's revenue was up 21.3% compared to the same quarter last year. Zscaler has set its FY 2026 guidance at 3.640-3.680 EPS. Q1 2026 guidance at 0.850-0.860 EPS. On average, equities research analysts forecast that Zscaler, Inc. will post -0.1 EPS for the current fiscal year.

Institutional Trading of Zscaler

Several institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. boosted its position in shares of Zscaler by 8.3% during the 2nd 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. Goldman Sachs Group Inc. boosted its position in shares of Zscaler by 23.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 3,048,238 shares of the company's stock valued at $604,831,000 after acquiring an additional 578,883 shares in the last quarter. T. Rowe Price Investment Management Inc. acquired a new stake in shares of Zscaler during the 1st quarter valued at about $516,622,000. Geode Capital Management LLC boosted its position in shares of Zscaler by 6.0% during the 2nd quarter. Geode Capital Management LLC now owns 1,866,329 shares of the company's stock valued at $584,160,000 after acquiring an additional 105,318 shares in the last quarter. Finally, AQR Capital Management LLC boosted its position in shares of Zscaler by 0.7% during the 2nd quarter. AQR Capital Management LLC now owns 1,199,815 shares of the company's stock valued at $371,823,000 after acquiring an additional 7,885 shares in the last quarter. 46.45% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the stock. Canaccord Genuity Group increased their price target on shares of Zscaler from $320.00 to $340.00 and gave the company a "buy" rating in a report on Thursday, September 4th. Evercore ISI increased their price target on shares of Zscaler from $290.00 to $320.00 and gave the company an "outperform" rating in a report on Wednesday, September 3rd. Piper Sandler increased their price target on shares of Zscaler from $260.00 to $280.00 and gave the company a "neutral" rating in a report on Wednesday, September 3rd. Roth Capital reissued a "neutral" rating on shares of Zscaler in a report on Wednesday, May 28th. Finally, Scotiabank reduced their price target on shares of Zscaler from $360.00 to $334.00 and set a "sector outperform" rating for the company in a report on Wednesday, September 3rd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $307.00.

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.