Robert Schlossman Sells 3,084 Shares of Zscaler (NASDAQ:ZS) Stock

Zscaler, Inc. (NASDAQ:ZS) insider Robert Schlossman sold 3,084 shares of the stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $230.82, for a total value of $711,848.88. Following the transaction, the insider owned 77,002 shares of the company’s stock, valued at approximately $17,773,601.64. The trade was a 3.85% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link.

Robert Schlossman also recently made the following trade(s):

• On Wednesday, December 17th, Robert Schlossman sold 2,349 shares of Zscaler stock. The shares were sold at an average price of $232.79, for a total value of $546,823.71.
• On Friday, October 24th, Robert Schlossman sold 3,200 shares of Zscaler stock. The shares were sold at an average price of $325.00, for a total transaction of $1,040,000.00.
• On Thursday, October 2nd, Robert Schlossman sold 7,006 shares of Zscaler stock. The stock was sold at an average price of $305.57, for a total transaction of $2,140,823.42.

Zscaler Trading Up 2.1%

Zscaler stock opened at $231.09 on Friday. The company has a market cap of $36.85 billion, a price-to-earnings ratio of -888.77 and a beta of 1.07. The firm has a 50-day moving average of $286.74 and a 200-day moving average of $289.66. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.82 and a quick ratio of 1.82. Zscaler, Inc. has a one year low of $164.78 and a one year high of $336.99.

Zscaler (NASDAQ:ZS) last released its earnings results on Tuesday, November 25th. The company reported $0.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.85 by $0.11. Zscaler had a negative return on equity of 0.12% and a negative net margin of 1.45%.The business had revenue of $788.11 million for the quarter, compared to the consensus estimate of $773.86 million. During the same quarter in the previous year, the business earned $0.77 earnings per share. Zscaler’s quarterly revenue was up 25.5% on a year-over-year basis. Zscaler has set its FY 2026 guidance at 3.780-3.820 EPS and its Q2 2026 guidance at 0.890-0.900 EPS. On average, equities analysts expect that Zscaler, Inc. will post -0.1 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on ZS shares. Wall Street Zen cut shares of Zscaler from a “buy” rating to a “hold” rating in a research note on Saturday, October 18th. Citigroup reduced their price target on Zscaler from $365.00 to $350.00 and set a “buy” rating for the company in a report on Monday, December 1st. Citizens Jmp restated a “market outperform” rating and issued a $355.00 price objective on shares of Zscaler in a research note on Wednesday, November 26th. Mizuho raised Zscaler from a “neutral” rating to an “outperform” rating and set a $310.00 price objective for the company in a research report on Tuesday. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Zscaler in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Zscaler presently has a consensus rating of “Moderate Buy” and a consensus target price of $322.66.

Institutional Investors Weigh In On Zscaler

A number of institutional investors have recently modified their holdings of the business. Binnacle Investments Inc bought a new position in Zscaler during the third quarter worth about $25,000. SVB Wealth LLC acquired a new position in shares of Zscaler during the 1st quarter worth approximately $26,000. Tradewinds Capital Management LLC grew its position in shares of Zscaler by 145.7% during the 3rd quarter. Tradewinds Capital Management LLC now owns 86 shares of the company’s stock worth $26,000 after purchasing an additional 51 shares in the last quarter. Root Financial Partners LLC bought a new position in shares of Zscaler during the third quarter worth approximately $26,000. Finally, McIlrath & Eck LLC acquired a new stake in shares of Zscaler in the third quarter valued at approximately $29,000. Institutional investors own 46.45% of the company’s stock.

About Zscaler

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.