Zscaler (NASDAQ:ZS) Director James Beer Sells 177 Shares

Zscaler, Inc. (NASDAQ:ZS) Director James Beer sold 177 shares of the company’s stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of $153.53, for a total transaction of $27,174.81. Following the completion of the sale, the director directly owned 4,384 shares in the company, valued at $673,075.52. This trade represents a 3.88% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Zscaler Price Performance

Shares of ZS traded down $4.07 during mid-day trading on Friday, reaching $151.33. 319,283 shares of the company’s stock were exchanged, compared to its average volume of 2,611,698. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 0.78. Zscaler, Inc. has a 52-week low of $140.56 and a 52-week high of $336.99. The company has a market cap of $24.33 billion, a price-to-earnings ratio of -359.94 and a beta of 1.07. The company has a 50-day simple moving average of $179.18 and a two-hundred day simple moving average of $243.74.

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

Institutional Trading of Zscaler

Institutional investors have recently made changes to their positions in the stock. Rockefeller Capital Management L.P. increased its position in shares of Zscaler by 5.6% in the fourth quarter. Rockefeller Capital Management L.P. now owns 13,344 shares of the company’s stock worth $3,001,000 after acquiring an additional 708 shares in the last quarter. Spear Advisors LLC purchased a new position in shares of Zscaler in the 4th quarter valued at $3,460,000. EMC Capital Management lifted its holdings in shares of Zscaler by 779.1% during the 4th quarter. EMC Capital Management now owns 3,780 shares of the company’s stock valued at $819,000 after acquiring an additional 3,350 shares in the last quarter. Worthington Financial Partners LLC purchased a new stake in Zscaler during the 4th quarter worth $720,000. Finally, Sentinel Dome Partners LLC purchased a new stake in Zscaler during the 4th quarter worth $990,000. 46.45% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on ZS shares. Wells Fargo & Company began coverage on shares of Zscaler in a research note on Tuesday, March 3rd. They set an “overweight” rating and a $200.00 price target on the stock. BMO Capital Markets decreased their target price on shares of Zscaler from $315.00 to $210.00 and set an “outperform” rating on the stock in a research report on Friday, February 27th. Capital One Financial set a $320.00 price target on Zscaler and gave the company an “overweight” rating in a report on Wednesday, November 26th. BTIG Research reduced their price target on Zscaler from $365.00 to $209.00 and set a “buy” rating on the stock in a research note on Tuesday, February 24th. Finally, Oppenheimer decreased their price objective on Zscaler from $280.00 to $250.00 and set an “outperform” rating on the stock in a report on Tuesday, March 10th. 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 stock. According to data from MarketBeat.com, Zscaler currently has an average rating of “Moderate Buy” and an average target price of $267.13.

Zscaler News Roundup

Here are the key news stories impacting Zscaler this week:

• Positive Sentiment: Zscaler has an average analyst recommendation of “Moderate Buy,” which supports longer‑term demand for the shares. Read More.
• Positive Sentiment: Strategic partnerships and product expansion — Zscaler and Bharti Airtel launched an AI & Cyber Threat Research Center in APAC, and Zscaler expanded global data‑sovereignty controls on its Zero Trust Exchange, both of which can help win regulated customers and broaden the addressable market. Read More. Read More.
• Neutral Sentiment: Institutional ownership remains significant and some funds have been adding positions historically; this can stabilize shares even amid short‑term flows (institutional detail summarized in recent filings). No single institutional event appears to be driving today’s move.
• Negative Sentiment: Unusually heavy put‑option activity — roughly 47,656 puts traded (~74% above average), signaling elevated bearish positioning and potential for amplified downside volatility. Read More.
• Negative Sentiment: Cluster of insider sales by senior executives (CEO, CFO, EVP and other insiders sold shares mid‑March). Multiple Form 4 filings show meaningful collective reductions, which investors often interpret as a near‑term negative signal. Read More.
• Negative Sentiment: Analyst price‑target trims and competitive pressure — Oppenheimer recently lowered its price target, and industry comparisons (e.g., CrowdStrike) highlight faster ARR/margin momentum elsewhere and margin pressure from Zscaler’s newer AI offerings. Those views weigh on near‑term valuation. Read More. Read More.

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.