Zscaler (NASDAQ:ZS) CEO Jagtar Singh Chaudhry Sells 2,852 Shares of Stock

Zscaler, Inc. (NASDAQ:ZS) CEO Jagtar Chaudhry sold 2,852 shares of Zscaler stock in a transaction that occurred on Wednesday, September 16th. The shares were sold at an average price of $192.76, for a total value of $549,751.52. Following the sale, the chief executive officer directly owned 340,186 shares in the company, valued at approximately $65,574,253.36. This trade represents a 0.83% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Zscaler Stock Performance

Shares of ZS stock opened at $197.47 on Friday. Zscaler, Inc. has a 12-month low of $114.63 and a 12-month high of $336.99. The firm has a market capitalization of $32.20 billion, a price-to-earnings ratio of -506.33, a price-to-earnings-growth ratio of 23.05 and a beta of 0.95. The business has a 50 day simple moving average of $167.06 and a 200 day simple moving average of $151.50. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.70 and a quick ratio of 1.70.

Zscaler (NASDAQ:ZS) last posted its earnings results on Thursday, September 3rd. The company reported $1.19 EPS for the quarter, beating the consensus estimate of $1.09 by $0.10. The firm had revenue of $898.19 million for the quarter, compared to analysts’ expectations of $876.96 million. Zscaler had a positive return on equity of 1.23% and a negative net margin of 1.88%.The firm’s revenue was up 24.9% compared to the same quarter last year. During the same period last year, the firm earned $0.89 EPS. Zscaler has set its FY 2027 guidance at 4.860-4.900 EPS and its Q1 2027 guidance at 1.150-1.160 EPS. On average, equities research analysts anticipate that Zscaler, Inc. will post 0.61 EPS for the current year.

Wall Street Analyst Weigh In

ZS has been the topic of a number of recent analyst reports. Sanford C. Bernstein lifted their price objective on shares of Zscaler from $224.00 to $298.00 and gave the company an “outperform” rating in a research note on Thursday. Truist Financial set a $210.00 target price on shares of Zscaler in a research report on Wednesday, May 27th. The Goldman Sachs Group reissued a “neutral” rating and set a $179.00 target price on shares of Zscaler in a research note on Wednesday, May 27th. Stephens set a $215.00 target price on shares of Zscaler in a research note on Friday, September 4th. Finally, Wedbush assumed coverage on shares of Zscaler in a research report on Friday, September 11th. They set an “outperform” rating and a $215.00 price target on the stock. Thirty-four research analysts have rated the stock with a Buy rating, six have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $218.38.

Institutional Trading of Zscaler

Hedge funds and other institutional investors have recently modified their holdings of the company. Parkside Financial Bank & Trust grew its stake in shares of Zscaler by 18.8% during the 2nd quarter. Parkside Financial Bank & Trust now owns 417 shares of the company’s stock worth $59,000 after acquiring an additional 66 shares in the last quarter. Koshinski Asset Management Inc. raised its holdings in shares of Zscaler by 2.7% in the first quarter. Koshinski Asset Management Inc. now owns 3,036 shares of the company’s stock valued at $426,000 after purchasing an additional 79 shares during the last quarter. J.W. Cole Advisors Inc. lifted its position in shares of Zscaler by 2.0% in the fourth quarter. J.W. Cole Advisors Inc. now owns 4,106 shares of the company’s stock worth $908,000 after purchasing an additional 80 shares in the last quarter. Parallel Advisors LLC boosted its holdings in Zscaler by 12.3% during the first quarter. Parallel Advisors LLC now owns 793 shares of the company’s stock worth $111,000 after purchasing an additional 87 shares during the last quarter. Finally, Kestra Private Wealth Services LLC boosted its holdings in Zscaler by 1.1% during the first quarter. Kestra Private Wealth Services LLC now owns 8,707 shares of the company’s stock worth $1,222,000 after purchasing an additional 92 shares during the last quarter. Institutional investors own 46.45% of the company’s stock.

Zscaler News Summary

Here are the key news stories impacting Zscaler this week:

• Positive Sentiment: Options traders purchased a large volume of Zscaler call options, signaling bullish positioning and expectations for additional share-price strength. Traders Purchase Large Volume of Call Options on Zscaler
• Positive Sentiment: Recent earnings momentum remains supportive: Zscaler exceeded quarterly EPS and revenue estimates, with revenue rising 24.9% year over year. The company is also expanding beyond its traditional seat-based business into data security and security for artificial intelligence. Q2 Earnings Highlights: Zscaler Vs. The Rest of the Cybersecurity Stocks
• Positive Sentiment: Zscaler is being highlighted as a strong momentum stock, which may attract additional technical and style-focused investors as shares trade well above their longer-term moving averages. Why Zscaler Is a Strong Momentum Stock
• Neutral Sentiment: Six company insiders, including the CEO and CFO, reported sales totaling approximately 21,473 shares and $4.1 million. Most sales were conducted under Rule 10b5-1 plans or to cover tax withholding on vested equity, reducing their value as a direct bearish signal. Zscaler Insider Transaction Filing
• Negative Sentiment: Analysts and investors are increasingly focused on decelerating annual recurring revenue growth. Although Zscaler’s broader growth engine remains strong, slower ARR could pressure the valuation of the high-growth cybersecurity stock. Zscaler Growth Engine Is Strong, But Slowing ARR Could Pressure the Stock

About Zscaler

Zscaler, Inc is a cloud-native cybersecurity company that provides security services designed to help organizations connect users, devices, applications and workloads securely over the internet. Its platform is built around a zero-trust security model, which verifies access based on identity, context and policy rather than relying primarily on a traditional corporate network perimeter.

The company’s offerings include Zscaler Internet Access, which secures access to internet and software-as-a-service applications, and Zscaler Private Access, which provides secure, policy-based access to private applications without requiring conventional virtual private networks.