Zscaler (NASDAQ:ZS) Stock: Insider Adam Geller Sells 1,041 Shares

Zscaler, Inc. (NASDAQ:ZS) insider Adam Geller sold 1,041 shares of the firm’s stock in a transaction dated Monday, November 2nd. The stock was sold at an average price of $238.00, for a total transaction of $247,758.00. Following the completion of the sale, the insider owned 58,167 shares of the company’s stock, valued at $13,843,746. This trade represents a 1.76% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Friday, October 9th, Adam Geller sold 23,958 shares of Zscaler stock. The shares were sold at an average price of $225.43, for a total value of $5,400,851.94.
• On Monday, October 12th, Adam Geller sold 1,042 shares of Zscaler stock. The stock was sold at an average price of $235.95, for a total value of $245,859.90.
• On Monday, September 21st, Adam Geller sold 661 shares of Zscaler stock. The stock was sold at an average price of $200.00, for a total value of $132,200.00.
• On Thursday, September 17th, Adam Geller sold 4,584 shares of Zscaler stock. The stock was sold at an average price of $192.01, for a total value of $880,173.84.
• On Wednesday, September 16th, Adam Geller sold 5,578 shares of Zscaler stock. The shares were sold at an average price of $192.76, for a total value of $1,075,215.28.

Zscaler Trading Down 0.3%

NASDAQ ZS opened at $224.44 on Thursday. The company has a quick ratio of 1.70, a current ratio of 1.70 and a debt-to-equity ratio of 0.65. Zscaler, Inc. has a twelve month low of $114.63 and a twelve month high of $333.90. The firm has a market capitalization of $36.60 billion, a PE ratio of -575.49, a P/E/G ratio of 21.40 and a beta of 0.82. The stock’s 50 day moving average is $207.14 and its 200 day moving average is $167.77.

Zscaler (NASDAQ:ZS) last issued its quarterly earnings results on Thursday, September 3rd. The company reported $1.19 earnings per share for the quarter, topping the consensus estimate of $1.09 by $0.10. The company 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 for the quarter was up 24.9% on a year-over-year basis. During the same period in the prior year, the firm earned $0.89 earnings per share. Zscaler has set its FY 2027 guidance at 4.860-4.900 EPS and its Q1 2027 guidance at 1.150-1.160 EPS. Research analysts forecast that Zscaler, Inc. will post 0.70 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Zscaler

A number of hedge funds have recently bought and sold shares of ZS. Handelsbanken Fonder AB lifted its holdings in Zscaler by 89.6% in the second quarter. Handelsbanken Fonder AB now owns 60,933 shares of the company’s stock valued at $8,601,000 after acquiring an additional 28,792 shares during the period. Assenagon Asset Management S.A. boosted its position in Zscaler by 6.6% in the second quarter. Assenagon Asset Management S.A. now owns 193,297 shares of the company’s stock worth $27,284,000 after purchasing an additional 11,941 shares during the last quarter. Bank of America Corp DE grew its stake in shares of Zscaler by 44.3% during the 1st quarter. Bank of America Corp DE now owns 779,245 shares of the company’s stock valued at $109,320,000 after purchasing an additional 239,326 shares during the period. Krilogy Financial LLC grew its stake in shares of Zscaler by 163.0% during the 3rd quarter. Krilogy Financial LLC now owns 11,008 shares of the company’s stock valued at $2,195,000 after purchasing an additional 6,822 shares during the period. Finally, Danica Pension Livsforsikringsaktieselskab bought a new stake in shares of Zscaler during the 2nd quarter valued at about $11,232,000. Institutional investors own 46.45% of the company’s stock.

Analysts Set New Price Targets

ZS has been the subject of several research reports. Zacks Research upgraded shares of Zscaler from a “strong sell” rating to a “hold” rating in a research note on Friday, October 2nd. Stephens boosted their price objective on shares of Zscaler from $225.00 to $265.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 7th. Stifel Nicolaus upped their price objective on shares of Zscaler from $200.00 to $235.00 and gave the stock a “buy” rating in a report on Wednesday, October 7th. Wedbush raised their target price on shares of Zscaler from $215.00 to $240.00 and gave the company an “outperform” rating in a research note on Wednesday, October 7th. Finally, Guggenheim lifted their target price on shares of Zscaler from $214.00 to $254.00 and gave the company a “buy” rating in a report on Wednesday, October 7th. Thirty-six equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $236.65.

Key Stories Impacting Zscaler

Here are the key news stories impacting Zscaler this week:

• Positive Sentiment: Industry coverage points to rising cybersecurity demand, cloud migration and AI innovation as potential growth drivers for Zscaler. A separate Zacks screen also identifies ZS as a growth stock, though that is a broad investment-style assessment rather than a new company development. Zacks Industry Outlook Highlights Fortinet, Zscaler and Qualys Here’s Why Zscaler Is a Strong Growth Stock
• Neutral Sentiment: An insider sold 1,041 shares for about $248,000 under a pre-arranged Rule 10b5-1 plan, retaining 58,167 shares. The planned sale was relatively small, limiting its significance as a signal about company prospects. Zscaler Insider Sells 1,041 Shares
• Negative Sentiment: Recent commentary says Zscaler is lagging some cybersecurity peers as growth slows and spending rises, putting pressure on the stock. The sector has also been hit by a broader tech selloff and concerns following peer results; investors may look for strong results and guidance at Zscaler’s upcoming report. Zscaler Lags Cybersecurity Peers Zscaler and the Cybersecurity Sector Selloff
• Negative Sentiment: A law firm announced an opportunity for ZS investors to join a fraud investigation. The notice adds potential legal overhang, but the provided report gives no further details or findings. Investor Fraud Investigation Notice

About Zscaler

Zscaler, Inc is a cloud-based cybersecurity company that helps organizations secure access to applications, websites, data and other digital resources. Its platform is designed around a zero-trust security model, which verifies users and devices and enforces security policies before granting access, rather than relying primarily on a traditional corporate network perimeter.

The company’s offerings include Zscaler Internet Access, which provides secure access to internet and software-as-a-service applications, and Zscaler Private Access, which enables secure access to private applications without extending an organization’s network to users.