Insider Selling: Zscaler (NASDAQ:ZS) Director Sells $22,213.50 in Stock

Zscaler, Inc. (NASDAQ:ZS) Director James Beer sold 177 shares of the stock in a transaction dated Wednesday, June 17th. The stock was sold at an average price of $125.50, for a total transaction of $22,213.50. Following the transaction, the director directly owned 4,207 shares in the company, valued at $527,978.50. The trade was a 4.04% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Zscaler Price Performance

NASDAQ:ZS opened at $124.85 on Friday. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.86 and a current ratio of 1.86. The company has a market capitalization of $20.19 billion, a price-to-earnings ratio of -260.10, a price-to-earnings-growth ratio of 78.06 and a beta of 0.97. Zscaler, Inc. has a one year low of $114.63 and a one year high of $336.99. The stock has a 50-day simple moving average of $141.25 and a 200 day simple moving average of $172.99.

Zscaler (NASDAQ:ZS) last announced its quarterly earnings data on Tuesday, May 26th. The company reported $1.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.01 by $0.07. Zscaler had a negative return on equity of 0.37% and a negative net margin of 2.44%.The firm had revenue of $850.48 million for the quarter, compared to analysts’ expectations of $835.14 million. During the same quarter in the prior year, the firm posted $0.84 earnings per share. Zscaler’s revenue for the quarter was up 25.4% compared to the same quarter last year. Zscaler has set its Q4 2026 guidance at 1.080-1.090 EPS and its FY 2026 guidance at 4.100-4.110 EPS. Sell-side analysts predict that Zscaler, Inc. will post 0.11 EPS for the current fiscal year.

Wall Street Analyst Weigh In

ZS has been the topic of several research reports. Guggenheim reissued a “buy” rating and set a $214.00 price target on shares of Zscaler in a research report on Wednesday, June 10th. Oppenheimer lowered their target price on shares of Zscaler from $280.00 to $250.00 and set an “outperform” rating for the company in a research note on Tuesday, March 10th. FBN Securities reissued an “outperform” rating and set a $175.00 target price on shares of Zscaler in a report on Wednesday, May 27th. Zacks Research upgraded shares of Zscaler from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 27th. Finally, Scotiabank decreased their price target on shares of Zscaler from $190.00 to $175.00 and set a “sector outperform” rating for the company in a report on Wednesday, May 27th. Thirty-four research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $214.33.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Integrated Wealth Concepts LLC boosted its position in shares of Zscaler by 19.9% during the first quarter. Integrated Wealth Concepts LLC now owns 1,439 shares of the company’s stock worth $285,000 after buying an additional 239 shares during the period. NewEdge Advisors LLC grew its holdings in Zscaler by 8.2% in the 1st quarter. NewEdge Advisors LLC now owns 4,899 shares of the company’s stock worth $972,000 after buying an additional 370 shares in the last quarter. Empowered Funds LLC increased its position in Zscaler by 9.2% in the 1st quarter. Empowered Funds LLC now owns 2,811 shares of the company’s stock valued at $558,000 after acquiring an additional 238 shares during the period. Sivia Capital Partners LLC acquired a new stake in Zscaler in the 2nd quarter valued at approximately $252,000. Finally, Jump Financial LLC acquired a new stake in Zscaler in the 2nd quarter valued at approximately $3,019,000. Institutional investors own 46.45% of the company’s stock.

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.