Zscaler (NASDAQ:ZS) Insider Adam Geller Sells 1,620 Shares of Stock

by · The Cerbat Gem

Zscaler, Inc. (NASDAQ:ZS – Get Free Report) insider Adam Geller sold 1,620 shares of Zscaler stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of $232.79, for a total value of $377,119.80. Following the completion of the transaction, the insider directly owned 50,528 shares in the company, valued at approximately $11,762,413.12. This represents a 3.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

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

  • On Tuesday, December 16th, Adam Geller sold 2,060 shares of Zscaler stock. The stock was sold at an average price of $230.82, for a total transaction of $475,489.20.

Zscaler Stock Performance

Zscaler stock traded up $4.29 during mid-day trading on Thursday, reaching $230.72. The company had a trading volume of 141,583 shares, compared to its average volume of 2,003,181. The company has a quick ratio of 1.82, a current ratio of 1.82 and a debt-to-equity ratio of 0.86. The firm has a market cap of $36.79 billion, a price-to-earnings ratio of -887.37 and a beta of 1.07. The company has a 50 day moving average of $288.42 and a 200-day moving average of $290.07. Zscaler, Inc. has a 52 week low of $164.78 and a 52 week high of $336.99.

Zscaler (NASDAQ:ZS – Get Free Report) last announced its quarterly earnings data on Tuesday, November 25th. The company reported $0.96 EPS for the quarter, beating analysts’ consensus estimates 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 business had revenue of $788.11 million during the quarter, compared to analyst estimates of $773.86 million. During the same quarter in the prior year, the business earned $0.77 earnings per share. The firm’s revenue for the quarter 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, sell-side analysts expect that Zscaler, Inc. will post -0.1 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts recently commented on ZS shares. Citigroup reduced their target price on Zscaler from $365.00 to $350.00 and set a “buy” rating for the company in a research report on Monday, December 1st. HC Wainwright reissued a “buy” rating on shares of Zscaler in a research report on Wednesday, November 26th. Piper Sandler lifted their price objective on Zscaler from $260.00 to $280.00 and gave the company a “neutral” rating in a report on Wednesday, September 3rd. Robert W. Baird increased their price objective on Zscaler from $350.00 to $360.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 26th. Finally, Canaccord Genuity Group boosted their target price on shares of Zscaler from $320.00 to $340.00 and gave the company a “buy” rating in a research note on Thursday, September 4th. One research analyst has rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $322.66.

Read Our Latest Analysis on ZS

Institutional Trading of Zscaler

Hedge funds and other institutional investors have recently made changes to their positions in the business. FNY Investment Advisers LLC increased its position in Zscaler by 65.4% in the 3rd quarter. FNY Investment Advisers LLC now owns 5,497 shares of the company’s stock valued at $1,647,000 after acquiring an additional 2,173 shares in the last quarter. IFP Advisors Inc grew its stake in shares of Zscaler by 4.5% during the third quarter. IFP Advisors Inc now owns 1,670 shares of the company’s stock worth $500,000 after purchasing an additional 72 shares during the period. Swiss Life Asset Management Ltd increased its holdings in Zscaler by 13.9% in the third quarter. Swiss Life Asset Management Ltd now owns 17,812 shares of the company’s stock valued at $5,338,000 after purchasing an additional 2,174 shares during the last quarter. Groupama Asset Managment boosted its holdings in Zscaler by 76,352.6% during the third quarter. Groupama Asset Managment now owns 4,750,000 shares of the company’s stock worth $1,423,385,000 after buying an additional 4,743,787 shares during the last quarter. Finally, Investment Research Partners LLC bought a new position in Zscaler during the third quarter worth about $279,000. 46.45% of the stock is currently owned by institutional investors and hedge funds.

About Zscaler

(Get Free Report)

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.

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