Zscaler (NASDAQ:ZS) EVP Sells $389,595.92 in Stock

Key Points

• EVP Raj Judge sold 2,488 shares on March 17 at an average price of $156.59 for a total of $389,595.92, leaving him with 67,906 shares (a 3.53% reduction) valued at roughly $10.63 million.
• Zscaler beat quarterly expectations, reporting $1.01 EPS vs. $0.89 expected and revenue of $815.75 million (up 25.9% year‑over‑year), and set Q3 2026 and FY 2026 EPS guidance of 1.000–1.010 and 3.990–4.020, respectively.
• Several analysts have cut price targets recently, but the stock retains a consensus rating of "Moderate Buy" with an average target of $267.13 versus the current price near $156, implying notable analyst‑implied upside.

Zscaler, Inc. (NASDAQ:ZS - Get Free Report) EVP Raj Judge sold 2,488 shares of the firm's stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $156.59, for a total transaction of $389,595.92. Following the completion of the transaction, the executive vice president directly owned 67,906 shares of the company's stock, valued at $10,633,400.54. This represents a 3.53% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

Zscaler Trading Down 0.0%

NASDAQ ZS traded down $0.01 on Wednesday, hitting $155.99. 1,516,030 shares of the stock were exchanged, compared to its average volume of 3,612,070. The company's 50-day moving average price is $180.47 and its two-hundred day moving average price is $244.35. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.90 and a quick ratio of 1.90. Zscaler, Inc. has a 52-week low of $140.56 and a 52-week high of $336.99. The company has a market capitalization of $25.08 billion, a price-to-earnings ratio of -371.40 and a beta of 1.07.

Zscaler (NASDAQ:ZS - Get Free Report) last released its earnings results on Thursday, February 26th. The company reported $1.01 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.89 by $0.12. Zscaler had a positive return on equity of 0.06% and a negative net margin of 2.25%.The company had revenue of $815.75 million during the quarter, compared to analyst estimates of $798.92 million. During the same quarter in the prior year, the company earned $0.78 earnings per share. The company's revenue for the quarter was up 25.9% on a year-over-year basis. Zscaler has set its Q3 2026 guidance at 1.000-1.010 EPS and its FY 2026 guidance at 3.990-4.020 EPS. Research analysts predict that Zscaler, Inc. will post -0.1 EPS for the current year.

Analysts Set New Price Targets

ZS has been the subject of a number of research analyst reports. TD Cowen cut their target price on shares of Zscaler from $330.00 to $260.00 and set a "buy" rating for the company in a research report on Tuesday, February 24th. KeyCorp dropped their price target on shares of Zscaler from $300.00 to $250.00 and set an "overweight" rating on the stock in a research note on Tuesday, February 17th. BMO Capital Markets cut their price objective on Zscaler from $315.00 to $210.00 and set an "outperform" rating for the company in a report on Friday, February 27th. Piper Sandler reduced their price objective on Zscaler from $260.00 to $185.00 and set a "neutral" rating for the company in a research report on Friday, February 27th. Finally, JPMorgan Chase & Co. dropped their target price on Zscaler from $354.00 to $267.00 and set an "overweight" rating on the stock in a research report on Friday, February 20th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, six have issued a Hold rating and two have given a Sell rating to the company's stock. Based on data from MarketBeat.com, Zscaler presently has an average rating of "Moderate Buy" and a consensus target price of $267.13.

Hedge Funds Weigh In On Zscaler

Several hedge funds have recently bought and sold shares of the business. Bessemer Group Inc. boosted its stake in shares of Zscaler by 3.2% during the 3rd quarter. Bessemer Group Inc. now owns 1,021 shares of the company's stock worth $306,000 after acquiring an additional 32 shares in the last quarter. Cox Capital Mgt LLC raised its stake in shares of Zscaler by 0.6% in the 3rd quarter. Cox Capital Mgt LLC now owns 5,576 shares of the company's stock valued at $1,671,000 after acquiring an additional 33 shares in the last quarter. Brookstone Capital Management raised its stake in shares of Zscaler by 3.7% in the 3rd quarter. Brookstone Capital Management now owns 936 shares of the company's stock valued at $280,000 after acquiring an additional 33 shares in the last quarter. Wedbush Securities Inc. lifted its holdings in Zscaler by 0.7% in the 3rd quarter. Wedbush Securities Inc. now owns 5,129 shares of the company's stock worth $1,537,000 after purchasing an additional 34 shares during the last quarter. Finally, Goldstream Capital Management Ltd boosted its position in Zscaler by 0.3% during the third quarter. Goldstream Capital Management Ltd now owns 12,450 shares of the company's stock worth $3,731,000 after purchasing an additional 34 shares during the period. 46.45% of the stock is owned by institutional investors and hedge funds.

Zscaler Company Profile

Zscaler is a cloud security company that delivers a cloud-native platform to protect users, applications and data as organizations move away from traditional, network-centric security architectures. The company focuses on a zero trust approach that assumes no implicit trust for users or devices, providing secure access to the internet, SaaS applications and private applications regardless of where users are located. Zscaler positions its services as an alternative to legacy appliances and site-centric VPNs, aiming to simplify security while enabling modern, distributed workforces.

Key offerings are built around the Zscaler Zero Trust Exchange, a multi-tenant cloud platform that enforces security and access policies in-line.

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