Zscaler’s (ZS) Sell (D-) Rating Reiterated at Weiss Ratings

Weiss Ratings restated their sell (d-) rating on shares of Zscaler (NASDAQ:ZS) in a research report report published on Friday,Weiss Ratings reports.

ZS has been the subject of a number of other research reports. Needham & Company LLC reissued a “buy” rating and issued a $350.00 price objective on shares of Zscaler in a research note on Wednesday, September 3rd. Piper Sandler increased their target price on Zscaler from $260.00 to $280.00 and gave the stock a “neutral” rating in a report on Wednesday, September 3rd. Stifel Nicolaus boosted their price target on shares of Zscaler from $295.00 to $330.00 and gave the company a “buy” rating in a research note on Wednesday, September 3rd. BTIG Research restated a “buy” rating on shares of Zscaler in a report on Thursday, July 10th. Finally, Susquehanna lifted their price objective on shares of Zscaler from $320.00 to $340.00 and gave the company a “positive” rating in a report on Wednesday, September 3rd. One analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $307.86.

Zscaler Trading Up 1.3%

ZS opened at $323.00 on Friday. The company has a fifty day moving average price of $290.53 and a two-hundred day moving average price of $275.94. Zscaler has a 1-year low of $164.78 and a 1-year high of $327.39. The company has a market cap of $51.13 billion, a P/E ratio of -1,196.30 and a beta of 1.06. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.95.

Zscaler (NASDAQ:ZS) last released its quarterly earnings data on Tuesday, September 2nd. The company reported $0.89 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.80 by $0.09. Zscaler had a negative net margin of 1.55% and a negative return on equity of 0.47%. The company had revenue of $719.23 million for the quarter, compared to analysts’ expectations of $707.15 million. During the same quarter in the prior year, the firm earned $0.88 EPS. The business’s revenue was up 21.3% on a year-over-year basis. Zscaler has set its FY 2026 guidance at 3.640-3.680 EPS. Q1 2026 guidance at 0.850-0.860 EPS. Analysts predict that Zscaler will post -0.1 EPS for the current fiscal year.

Insider Activity

In other Zscaler news, CEO Jagtar Singh Chaudhry sold 2,865 shares of the stock in a transaction dated Tuesday, September 16th. The shares were sold at an average price of $280.70, for a total value of $804,205.50. Following the completion of the sale, the chief executive officer owned 350,700 shares in the company, valued at approximately $98,441,490. This trade represents a 0.81% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Robert Schlossman sold 7,006 shares of Zscaler stock in a transaction that occurred on Thursday, October 2nd. The stock was sold at an average price of $305.57, for a total transaction of $2,140,823.42. Following the transaction, the insider directly owned 76,132 shares in the company, valued at approximately $23,263,655.24. This represents a 8.43% decrease in their position. The disclosure for this sale can be found here. Insiders sold 43,084 shares of company stock valued at $12,446,825 over the last ninety days. Company insiders own 18.10% of the company’s stock.

Institutional Investors Weigh In On Zscaler

A number of hedge funds have recently made changes to their positions in ZS. Nisa Investment Advisors LLC grew its position in Zscaler by 1,526.3% during the third quarter. Nisa Investment Advisors LLC now owns 8,668 shares of the company’s stock valued at $2,597,000 after buying an additional 8,135 shares during the period. Venturi Wealth Management LLC raised its position in Zscaler by 2.3% in the third quarter. Venturi Wealth Management LLC now owns 1,603 shares of the company’s stock worth $480,000 after acquiring an additional 36 shares during the period. Independent Solutions Wealth Management LLC boosted its stake in Zscaler by 1.0% in the third quarter. Independent Solutions Wealth Management LLC now owns 12,178 shares of the company’s stock valued at $3,649,000 after acquiring an additional 121 shares during the last quarter. HB Wealth Management LLC grew its position in shares of Zscaler by 40.4% during the 3rd quarter. HB Wealth Management LLC now owns 3,689 shares of the company’s stock valued at $1,105,000 after acquiring an additional 1,061 shares during the period. Finally, Spire Wealth Management increased its stake in shares of Zscaler by 48.9% during the 3rd quarter. Spire Wealth Management now owns 131 shares of the company’s stock worth $39,000 after purchasing an additional 43 shares during the last quarter. 46.45% of the stock is currently owned by institutional investors.

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.