Zscaler (NASDAQ:ZS) Insider Sells $397,748.78 in Stock

17 Jun 2026, 21:13 by Scott Moore · The Cerbat Gem

Zscaler, Inc. (NASDAQ:ZS – Get Free Report) insider Robert Schlossman sold 3,146 shares of the company’s stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $126.43, for a total value of $397,748.78. Following the completion of the sale, the insider directly owned 69,366 shares in the company, valued at approximately $8,769,943.38. The trade was a 4.34% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Zscaler Price Performance

ZS stock traded down $2.85 on Wednesday, reaching $124.38. The company had a trading volume of 3,115,502 shares, compared to its average volume of 7,138,735. Zscaler, Inc. has a 1 year low of $114.63 and a 1 year high of $336.99. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.86 and a current ratio of 1.86. The company’s fifty day moving average is $141.85 and its 200 day moving average is $174.22. The company has a market cap of $20.11 billion, a P/E ratio of -259.12, a PEG ratio of 79.55 and a beta of 0.97.

Zscaler (NASDAQ:ZS – Get Free Report) last posted its earnings results on Tuesday, May 26th. The company reported $1.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.01 by $0.07. Zscaler had a negative return on equity of 0.37% and a negative net margin of 2.44%.The firm had revenue of $850.48 million for the quarter, compared to analyst estimates of $835.14 million. During the same quarter in the prior year, the company earned $0.84 EPS. Zscaler’s revenue 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. On average, research analysts forecast that Zscaler, Inc. will post 0.11 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on ZS. Scotiabank reduced their target price on Zscaler from $190.00 to $175.00 and set a “sector outperform” rating on the stock in a research note on Wednesday, May 27th. FBN Securities reaffirmed an “outperform” rating and issued a $175.00 target price on shares of Zscaler in a research note on Wednesday, May 27th. Mizuho reduced their target price on Zscaler from $210.00 to $185.00 and set an “outperform” rating on the stock in a research note on Wednesday, May 27th. Guggenheim reiterated a “buy” rating and issued a $214.00 price target on shares of Zscaler in a report on Wednesday, June 10th. Finally, Citizens Jmp cut their price target on Zscaler from $290.00 to $210.00 and set a “market outperform” rating for the company in a report on Friday, May 1st. Thirty-four equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $214.33.

Get Our Latest Stock Report on Zscaler

More Zscaler News

Here are the key news stories impacting Zscaler this week:

Positive Sentiment: Robert W. Baird reiterated a Buy rating on Zscaler and set a $230 price target, implying substantial upside from current levels. Short Sellers May Regret Shorting ZScaler (ZS) As One Analyst Points To 79% Upside
Positive Sentiment: Zscaler said it expanded Project AI-Guardian with major technology alliance partners, a move that supports its product ecosystem and could help long-term growth. Zscaler (ZS) Adds Major Tech Partners to Project AI-Guardian
Neutral Sentiment: Jim Cramer said SaaS names like Zscaler have fallen out of favor on Wall Street, which highlights weak sentiment toward the sector but does not change fundamentals directly. Jim Cramer Says SaaS Companies Like Zscaler “Have Fallen Viciously Out of Favor on Wall Street”
Negative Sentiment: The Schall Law Firm and Pomerantz LLP both announced investigations into Zscaler over possible securities-law violations, adding legal overhang for the stock. ZS Investors Have Opportunity to Join Zscaler, Inc. Fraud Investigation with the Schall Law Firm
Negative Sentiment: Several executives and directors, including the CEO, CFO, and other insiders, disclosed stock sales. While most were tied to tax withholding or pre-arranged plans, multiple sales in one day can still weigh on investor sentiment. SEC filing for CEO sale

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Binnacle Investments Inc acquired a new position in Zscaler in the 3rd quarter valued at $25,000. AlphaCentric Advisors LLC acquired a new position in Zscaler in the 4th quarter valued at $29,000. Picton Mahoney Asset Management acquired a new position in Zscaler in the 3rd quarter valued at $30,000. University of Texas Texas AM Investment Management Co. acquired a new stake in shares of Zscaler during the 4th quarter worth $30,000. Finally, Mcguire Capital Advisors Inc. acquired a new stake in shares of Zscaler during the 4th quarter worth $32,000. 46.45% of the stock is currently owned by institutional investors and hedge funds.

About Zscaler

(Get Free Report)

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.