Zscaler (NASDAQ:ZS) CFO Sells $762,398.46 in Stock

Zscaler, Inc. (NASDAQ:ZS) CFO Kevin Rubin sold 3,303 shares of the company’s stock in a transaction that occurred on Tuesday, December 16th. The shares were sold at an average price of $230.82, for a total value of $762,398.46. Following the completion of the sale, the chief financial officer owned 48,161 shares of the company’s stock, valued at $11,116,522.02. This trade represents a 6.42% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Zscaler Trading Down 2.7%

Shares of ZS stock traded down $6.35 on Wednesday, hitting $226.43. 1,723,437 shares of the stock traded hands, compared to its average volume of 2,011,386. Zscaler, Inc. has a twelve month low of $164.78 and a twelve month high of $336.99. The firm’s 50-day moving average price is $290.17 and its two-hundred day moving average price is $290.51. The stock has a market capitalization of $36.11 billion, a PE ratio of -870.85 and a beta of 1.07. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.82 and a current ratio of 1.82.

Zscaler (NASDAQ:ZS) last announced its earnings results on Tuesday, November 25th. The company reported $0.96 earnings per share for the quarter, topping the consensus estimate of $0.85 by $0.11. Zscaler had a negative net margin of 1.45% and a negative return on equity of 0.12%. The company had revenue of $788.11 million during the quarter, compared to analyst estimates of $773.86 million. During the same quarter last year, the firm posted $0.77 earnings per share. Zscaler’s revenue was up 25.5% compared to the same quarter last year. Zscaler has set its FY 2026 guidance at 3.780-3.820 EPS and its Q2 2026 guidance at 0.890-0.900 EPS. As a group, analysts anticipate that Zscaler, Inc. will post -0.1 EPS for the current year.

Institutional Trading of Zscaler

A number of institutional investors have recently modified their holdings of the company. Binnacle Investments Inc acquired a new stake in Zscaler during the 3rd quarter valued at approximately $25,000. SVB Wealth LLC acquired a new position in Zscaler in the first quarter worth about $26,000. Tradewinds Capital Management LLC increased its holdings in Zscaler by 145.7% in the third quarter. Tradewinds Capital Management LLC now owns 86 shares of the company’s stock valued at $26,000 after buying an additional 51 shares during the last quarter. Root Financial Partners LLC bought a new stake in shares of Zscaler in the 3rd quarter valued at approximately $26,000. Finally, McIlrath & Eck LLC bought a new position in shares of Zscaler in the 3rd quarter worth about $29,000. Hedge funds and other institutional investors own 46.45% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have commented on ZS shares. Cantor Fitzgerald reiterated an “overweight” rating on shares of Zscaler in a report on Wednesday, November 26th. JPMorgan Chase & Co. boosted their target price on Zscaler from $351.00 to $354.00 and gave the company an “overweight” rating in a report on Wednesday, November 26th. Wedbush boosted their price target on Zscaler from $330.00 to $350.00 and gave the company an “outperform” rating in a research report on Monday, November 10th. BMO Capital Markets lifted their target price on shares of Zscaler from $295.00 to $315.00 and gave the company an “outperform” rating in a report on Wednesday, September 3rd. Finally, Citigroup reduced their price objective on shares of Zscaler from $365.00 to $350.00 and set a “buy” rating for the company in a research report on Monday, December 1st. One equities research analyst has rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $323.45.

Zscaler Company Profile

Zscaler, Inc operates as a cloud security company worldwide. The company offers Zscaler Internet Access solution that provides users, workloads, IoT, and OT devices secure access to externally managed applications, including software-as-a-service (SaaS) applications and internet destinations; and Zscaler Private Access solution, which is designed to provide access to managed applications hosted internally in data centers, and private or public clouds.