Zscaler (NASDAQ:ZS) CFO Kevin Rubin Sells 3,000 Shares of Stock

Zscaler, Inc. (NASDAQ:ZS) CFO Kevin Rubin sold 3,000 shares of the business’s stock in a transaction that occurred on Thursday, June 25th. The shares were sold at an average price of $124.22, for a total value of $372,660.00. Following the completion of the transaction, the chief financial officer directly owned 41,901 shares of the company’s stock, valued at $5,204,942.22. The trade was a 6.68% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Kevin Rubin also recently made the following trade(s):

• On Tuesday, June 16th, Kevin Rubin sold 1,686 shares of Zscaler stock. The stock was sold at an average price of $126.43, for a total transaction of $213,160.98.

Zscaler Stock Performance

ZS opened at $132.26 on Friday. The firm has a fifty day moving average price of $141.59 and a 200 day moving average price of $168.93. Zscaler, Inc. has a 1 year low of $114.63 and a 1 year high of $336.99. The stock has a market cap of $21.39 billion, a P/E ratio of -275.54, a P/E/G ratio of 77.40 and a beta of 0.97. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.86 and a quick ratio of 1.86.

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

Key Zscaler News

Here are the key news stories impacting Zscaler this week:

• Positive Sentiment: Zscaler announced a multi-year partnership with Aston Martin Aramco Formula One Team, which will use Zscaler’s Zero Trust Exchange platform to secure sensitive design, strategy, and race data. Article Title
• Positive Sentiment: Zscaler CEO Jay Chaudhry highlighted AI as a major cybersecurity opportunity, reinforcing the company’s positioning in a fast-growing market. Article Title
• Positive Sentiment: Another report said AI could create the biggest cybersecurity opportunity in years, which supports the investment case for Zscaler’s AI-era security platform. Article Title
• Neutral Sentiment: Market commentary noted Zscaler had only a modest post-earnings move, suggesting traders are still assessing the company’s near-term outlook. Article Title
• Neutral Sentiment: Pomerantz LLP said it is investigating claims on behalf of Zscaler investors, which may add headline risk but does not by itself confirm wrongdoing. Article Title
• Negative Sentiment: Zscaler CFO Kevin Rubin sold 3,000 shares under a pre-arranged trading plan, which can still weigh on sentiment even though the sale was routine. Article Title

Analysts Set New Price Targets

ZS has been the topic of several research analyst reports. Robert W. Baird dropped their price objective on Zscaler from $265.00 to $230.00 and set an “outperform” rating on the stock in a report on Wednesday, May 27th. BTIG Research reiterated a “neutral” rating on shares of Zscaler in a research report on Thursday, April 9th. Rosenblatt Securities reissued a “buy” rating and issued a $200.00 price target on shares of Zscaler in a research note on Wednesday, June 10th. Barclays cut their price target on shares of Zscaler from $180.00 to $170.00 and set an “overweight” rating for the company in a report on Wednesday, May 27th. Finally, Berenberg Bank set a $200.00 price objective on shares of Zscaler in a research report on Thursday, May 28th. Thirty-four research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $213.97.

Hedge Funds Weigh In On Zscaler

Several hedge funds and other institutional investors have recently modified their holdings of ZS. Westpac Banking Corp lifted its position in Zscaler by 919.0% during the third quarter. Westpac Banking Corp now owns 9,986 shares of the company’s stock worth $2,992,000 after buying an additional 9,006 shares in the last quarter. Korea Investment CORP grew its holdings in Zscaler by 24.0% in the 3rd quarter. Korea Investment CORP now owns 98,370 shares of the company’s stock valued at $29,478,000 after buying an additional 19,026 shares in the last quarter. Qsemble Capital Management LP increased its stake in shares of Zscaler by 105.5% in the 4th quarter. Qsemble Capital Management LP now owns 15,773 shares of the company’s stock worth $3,548,000 after acquiring an additional 8,099 shares during the last quarter. Oxbow Advisors LLC acquired a new stake in shares of Zscaler in the 4th quarter worth $2,939,000. Finally, Vinva Investment Management Ltd raised its holdings in shares of Zscaler by 136.1% during the 3rd quarter. Vinva Investment Management Ltd now owns 11,347 shares of the company’s stock worth $3,400,000 after acquiring an additional 6,541 shares during the period. 46.45% of the stock is owned by hedge funds and other 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.