Kevin Rubin Sells 1,682 Shares of Zscaler (NASDAQ:ZS) Stock

Zscaler, Inc. (NASDAQ:ZS) CFO Kevin Rubin sold 1,682 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 $263,384.38. Following the sale, the chief financial officer owned 46,479 shares of the company’s stock, valued at approximately $7,278,146.61. The trade was a 3.49% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Zscaler Price Performance

Zscaler stock opened at $155.53 on Friday. Zscaler, Inc. has a 12 month low of $140.56 and a 12 month high of $336.99. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 0.78. The business’s 50 day simple moving average is $179.18 and its 200 day simple moving average is $243.74. The company has a market cap of $25.01 billion, a price-to-earnings ratio of -370.31 and a beta of 1.07.

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

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on ZS shares. Stephens lowered their price objective on Zscaler from $340.00 to $225.00 and set an “overweight” rating on the stock in a research note on Monday, February 23rd. BMO Capital Markets reduced their target price on shares of Zscaler from $315.00 to $210.00 and set an “outperform” rating for the company in a research note on Friday, February 27th. Oppenheimer lowered their price target on shares of Zscaler from $280.00 to $250.00 and set an “outperform” rating on the stock in a research report on Tuesday, March 10th. Stifel Nicolaus dropped their price target on shares of Zscaler from $330.00 to $320.00 and set a “buy” rating on the stock in a research note on Wednesday, November 26th. Finally, KeyCorp cut their price objective on shares of Zscaler from $300.00 to $250.00 and set an “overweight” rating for the company in a report on Tuesday, February 17th. Two 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 issued a Sell rating to the company. According to MarketBeat.com, Zscaler has an average rating of “Moderate Buy” and a consensus price target of $267.13.

Zscaler News Summary

Here are the key news stories impacting Zscaler this week:

• Positive Sentiment: Strategic partnership — Zscaler and Bharti Airtel launched an AI & Cyber Threat Research Center to strengthen APAC presence and AI/security credentials. Zscaler and Bharti Airtel announce launch of AI & Cyber Threat Research Center
• Positive Sentiment: Product expansion — Zscaler expanded global data‑sovereignty controls on its Zero Trust Exchange, which can help win regulated customers and support revenue retention/growth. Zscaler (ZS) Expands Global Data Sovereignty Capabilities on Zero Trust Exchange
• Positive Sentiment: Analyst stance remains constructive — the consensus across analysts is roughly a “Moderate Buy,” which can underpin investor demand despite recent downgrades. Zscaler, Inc. (NASDAQ:ZS) Receives Average Recommendation of “Moderate Buy” from Analysts
• Neutral Sentiment: Industry comparison — a Zacks piece contrasts Zscaler with CrowdStrike, noting CrowdStrike’s stronger ARR and Falcon Flex adoption while flagging margin pressure at Zscaler from newer AI offerings; useful context but not an immediate catalyst. CrowdStrike vs. Zscaler: Which Cybersecurity Stock Has an Edge?
• Negative Sentiment: Unusually heavy put buying — reports show a large uptick in put option volume (~47,656 puts, ~74% above average), signalling elevated bearish bets and potential for amplified downside volatility. Zscaler Target of Unusually High Options Trading (NASDAQ:ZS)
• Negative Sentiment: Insider selling by multiple executives — recent Form 4 filings show CEO, CFO and other senior execs sold shares in mid‑March, a short‑term negative signal for sentiment even if sales may be routine. SEC Insider Sale Filing (example)
• Negative Sentiment: Analyst price‑target trim — Oppenheimer trimmed its ZS price target (maintained Outperform), reflecting valuation pressure in cybersecurity; contributes to near‑term weakness. Zscaler, Inc. (ZS) Price Target Trimmed at Oppenheimer on Cybersecurity Valuation Pressure

Institutional Investors Weigh In On Zscaler

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

About Zscaler

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.