Insider Selling: Zscaler (NASDAQ:ZS) Insider Sells 2,094 Shares of Stock

Zscaler, Inc. (NASDAQ:ZS) insider Adam Geller sold 2,094 shares of the stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $153.53, for a total transaction of $321,491.82. Following the completion of the sale, the insider owned 46,949 shares in the company, valued at $7,208,079.97. The trade was a 4.27% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Adam Geller also recently made the following trade(s):

• On Tuesday, March 17th, Adam Geller sold 1,485 shares of Zscaler stock. The shares were sold at an average price of $156.59, for a total transaction of $232,536.15.

Zscaler Stock Performance

NASDAQ:ZS traded down $0.46 during mid-day trading on Thursday, hitting $155.53. The company’s stock had a trading volume of 1,852,982 shares, compared to its average volume of 2,657,656. The business’s fifty day moving average is $180.47 and its two-hundred day moving average is $244.35. The stock has a market cap of $25.01 billion, a price-to-earnings ratio of -370.31 and a beta of 1.07. 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 1 year low of $140.56 and a 1 year high of $336.99.

Zscaler (NASDAQ:ZS) last released its quarterly earnings data on Thursday, February 26th. The company reported $1.01 earnings per share 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 business had revenue of $815.75 million during the quarter, compared to analyst estimates of $798.92 million. During the same quarter last year, the business posted $0.78 EPS. The company’s revenue 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. Analysts anticipate that Zscaler, Inc. will post -0.1 EPS for the current fiscal year.

Institutional Trading of Zscaler

Institutional investors have recently modified their holdings of the stock. Groupama Asset Managment increased its stake in shares of Zscaler by 76,352.6% during the third quarter. Groupama Asset Managment now owns 4,750,000 shares of the company’s stock worth $1,423,385,000 after purchasing an additional 4,743,787 shares in the last quarter. Federated Hermes Inc. lifted its stake in Zscaler by 314.0% in the 2nd quarter. Federated Hermes Inc. now owns 1,171,983 shares of the company’s stock valued at $367,932,000 after buying an additional 888,888 shares in the last quarter. Vanguard Group Inc. boosted its holdings in Zscaler by 8.3% in the 2nd quarter. Vanguard Group Inc. now owns 10,715,132 shares of the company’s stock worth $3,363,909,000 after buying an additional 824,626 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in Zscaler by 43.3% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 2,572,358 shares of the company’s stock worth $578,576,000 after buying an additional 777,414 shares during the last quarter. Finally, AQR Capital Management LLC increased its stake in Zscaler by 61.8% during the 3rd quarter. AQR Capital Management LLC now owns 1,941,571 shares of the company’s stock worth $576,083,000 after buying an additional 741,756 shares in the last quarter. Institutional investors and hedge funds own 46.45% of the company’s stock.

Trending Headlines about Zscaler

Here are the key news stories impacting Zscaler this week:

• Positive Sentiment: Analysts maintain constructive stance — Zscaler has an average recommendation of “Moderate Buy,” which underpins buyer interest despite spot volatility. Zscaler, Inc. (NASDAQ:ZS) Receives Average Recommendation of “Moderate Buy” from Analysts
• Positive Sentiment: Strategic AI/security partnership — Zscaler and Bharti Airtel launched an AI & Cyber Threat Research Center in APAC, which can help drive regional sales and showcase AI security capabilities. Zscaler and Bharti Airtel announce launch of AI & Cyber Threat Research Center
• Positive Sentiment: Product expansion widens addressable market — Zscaler expanded global data‑sovereignty capabilities on its Zero Trust Exchange, strengthening its appeal to regulated customers. Zscaler (ZS) Expands Global Data Sovereignty Capabilities on Zero Trust Exchange
• Neutral Sentiment: Valuation and cash‑flow focus — a recent reassessment piece examines whether the current share price reflects fundamentals, keeping value‑oriented investors engaged but undecided. Reassessing Zscaler (ZS) After Recent Share Price Weakness And Cash Flow Forecasts
• Negative Sentiment: Price‑target cut by Oppenheimer — Oppenheimer trimmed its ZS target to $250 (from $280) citing cybersecurity valuation pressure, which can weigh on sentiment despite an Outperform rating. Zscaler, Inc. (ZS) Price Target Trimmed at Oppenheimer on Cybersecurity Valuation Pressure
• Negative Sentiment: Competitive/margin concerns flagged — a Zacks comparison highlights CrowdStrike’s edge in ARR growth and warns Zscaler may face margin pressure from newer AI offerings, a relative risk for investors weighing peers. CrowdStrike vs. Zscaler: Which Cybersecurity Stock Has an Edge?
• Negative Sentiment: Options and insider flows amplify downside risk — unusually heavy put buying (roughly 47,656 puts, ~74% above average) and near‑simultaneous insider sales by the CEO, CFO and other senior execs increase short‑term selling pressure and volatility. Zscaler Target of Unusually High Options Trading (NASDAQ:ZS) Example SEC Insider Sale Filing

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the company. Scotiabank lowered their price objective on Zscaler from $334.00 to $320.00 and set a “sector outperform” rating on the stock in a research report on Wednesday, November 26th. Citigroup decreased their target price on shares of Zscaler from $305.00 to $195.00 and set a “buy” rating for the company in a research note on Monday, March 2nd. Weiss Ratings reissued a “sell (d-)” rating on shares of Zscaler in a report on Wednesday, January 21st. Citizens Jmp dropped their price target on shares of Zscaler from $355.00 to $290.00 and set a “market outperform” rating on the stock in a research report on Friday, February 27th. Finally, BMO Capital Markets decreased their price objective on shares of Zscaler from $315.00 to $210.00 and set an “outperform” rating for the company in a research report on Friday, February 27th. 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 given a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $267.13.

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.