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

Key Points

  • CEO Jagtar Singh Chaudhry sold 2,843 Zscaler shares on Dec. 16 at an average price of $230.82 for about $656,221, leaving him with 347,857 shares (a 0.81% reduction) valued at roughly $80.29 million.
  • Zscaler beat quarterly expectations with $0.96 EPS vs. $0.85 est. and revenue of $788.11 million (+25.5% YoY), but the company still reports a negative net margin (-1.45%) and negative return on equity.
  • Analysts collectively rate ZS as a Moderate Buy with a consensus price target of $322.66 and a market capitalization of about $36.6 billion.

Zscaler, Inc. (NASDAQ:ZS - Get Free Report) insider Adam Geller sold 1,620 shares of the company's stock in a transaction on Wednesday, December 17th. The shares were sold at an average price of $232.79, for a total transaction of $377,119.80. Following the completion of the sale, the insider owned 50,528 shares of the company's stock, valued at approximately $11,762,413.12. This represents a 3.11% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

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

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

Zscaler Stock Up 1.9%

Shares of NASDAQ ZS traded up $4.29 during mid-day trading on Thursday, reaching $230.72. 141,583 shares of the company's stock were exchanged, compared to its average volume of 2,003,181. The company has a current ratio of 1.82, a quick ratio of 1.82 and a debt-to-equity ratio of 0.86. The business has a fifty day simple moving average of $288.42 and a 200 day simple moving average of $290.07. Zscaler, Inc. has a twelve month low of $164.78 and a twelve month high of $336.99. The firm has a market capitalization of $36.79 billion, a price-to-earnings ratio of -887.37 and a beta of 1.07.




Zscaler (NASDAQ:ZS - Get Free Report) last announced its quarterly earnings results on Tuesday, November 25th. The company reported $0.96 earnings per share 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 firm had revenue of $788.11 million for the quarter, compared to analyst estimates of $773.86 million. During the same quarter in the previous year, the firm posted $0.77 earnings per share. The business's 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. As a group, equities analysts expect that Zscaler, Inc. will post -0.1 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. Evercore ISI raised their price target on shares of Zscaler from $290.00 to $320.00 and gave the stock an "outperform" rating in a research note on Wednesday, September 3rd. Morgan Stanley set a $305.00 price target on shares of Zscaler in a research note on Thursday. B. Riley began coverage on shares of Zscaler in a research note on Tuesday, August 26th. They set a "neutral" rating and a $275.00 price objective for the company. KeyCorp lifted their target price on Zscaler from $345.00 to $350.00 and gave the company an "overweight" rating in a research report on Wednesday, September 3rd. Finally, Bank of America dropped their target price on Zscaler from $355.00 to $335.00 and set a "buy" rating on the stock in a report on Wednesday, November 26th. One investment analyst has rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $322.66.

Read Our Latest Report on Zscaler

Institutional Trading of Zscaler

Hedge funds have recently made changes to their positions in the business. Binnacle Investments Inc acquired a new position in shares of Zscaler during the 3rd quarter worth approximately $25,000. SVB Wealth LLC acquired a new stake in Zscaler during the 1st quarter valued at $26,000. Tradewinds Capital Management LLC boosted its position in Zscaler by 145.7% during the third quarter. Tradewinds Capital Management LLC now owns 86 shares of the company's stock worth $26,000 after purchasing an additional 51 shares during the period. Root Financial Partners LLC acquired a new position in shares of Zscaler in the third quarter valued at $26,000. Finally, McIlrath & Eck LLC acquired a new position in shares of Zscaler in the third quarter valued at $29,000. 46.45% of the stock is owned by institutional investors and hedge funds.

Zscaler Company Profile

(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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