Zscaler (NASDAQ:ZS) Insider Sells $1,075,642.40 in Stock

Key Points

• Robert Schlossman, an insider at Zscaler, sold 3,832 shares of the company for a total value of $1,075,642.40, resulting in a 4.41% decrease in his ownership.
• Despite the recent insider sale, Zscaler's stock has seen strong support from analysts, with 29 analysts rating it as a Buy and an average price target of $307.00.
• Zscaler reported earnings of $0.89 per share, exceeding expectations, and set FY 2026 guidance between 3.640-3.680 EPS, indicating continued growth potential.

Zscaler, Inc. (NASDAQ:ZS - Get Free Report) insider Robert Schlossman sold 3,832 shares of the stock in a transaction that occurred on Tuesday, September 16th. The shares were sold at an average price of $280.70, for a total transaction of $1,075,642.40. Following the sale, the insider directly owned 83,138 shares of the company's stock, valued at approximately $23,336,836.60. This represents a 4.41% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Zscaler Price Performance

ZS stock traded up $3.16 on Friday, hitting $294.27. 2,049,598 shares of the company's stock traded hands, 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 stock has a market cap of $46.58 billion, a price-to-earnings ratio of -1,089.89 and a beta of 1.05. The stock has a fifty day moving average of $280.39 and a 200-day moving average of $256.87. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.95.

Zscaler (NASDAQ:ZS - Get Free Report) last released its earnings results on Tuesday, September 2nd. The company reported $0.89 EPS for the quarter, beating the consensus estimate 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 during the quarter, compared to analyst estimates of $707.15 million. During the same period in the prior year, the business earned $0.88 earnings per share. The business'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. On average, analysts forecast that Zscaler, Inc. will post -0.1 EPS for the current fiscal year.

Institutional Investors Weigh In On Zscaler

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Valeo Financial Advisors LLC purchased a new stake in Zscaler in the 2nd quarter worth approximately $217,000. China Universal Asset Management Co. Ltd. increased its stake in shares of Zscaler by 46.0% during the 2nd quarter. China Universal Asset Management Co. Ltd. now owns 5,535 shares of the company's stock worth $1,738,000 after purchasing an additional 1,745 shares during the last quarter. Orion Porfolio Solutions LLC increased its stake in shares of Zscaler by 41.9% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 4,374 shares of the company's stock worth $1,373,000 after purchasing an additional 1,292 shares during the last quarter. Munro Partners acquired a new position in shares of Zscaler during the 2nd quarter worth $3,221,000. Finally, Thrivent Financial for Lutherans acquired a new position in shares of Zscaler during the 2nd quarter worth $232,000. Hedge funds and other institutional investors own 46.45% of the company's stock.

Wall Street Analyst Weigh In

ZS has been the topic of a number of recent analyst reports. Zacks Research lowered shares of Zscaler from a "hold" rating to a "strong sell" rating in a report on Wednesday, September 3rd. Truist Financial restated a "buy" rating and set a $300.00 price target (up previously from $260.00) on shares of Zscaler in a report on Friday, May 30th. Cantor Fitzgerald restated an "overweight" rating and set a $340.00 price target on shares of Zscaler in a report on Wednesday, September 3rd. Wedbush restated an "outperform" rating and set a $330.00 price target on shares of Zscaler in a report on Wednesday, September 3rd. Finally, Oppenheimer increased their target price on shares of Zscaler from $290.00 to $345.00 and gave the stock an "outperform" rating in a research report on Friday, June 6th. One 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 company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $307.00.

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.