Zscaler, Inc. (NASDAQ:ZS - Get Free Report) CFO Kevin Rubin sold 503 shares of the business's stock in a transaction dated Monday, July 27th. The shares were sold at an average price of $147.12, for a total value of $74,001.36. Following the completion of the sale, the chief financial officer directly owned 41,398 shares of the company's stock, valued at approximately $6,090,473.76. This represents a 1.20% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Kevin Rubin also recently made the following trade(s):
- On Thursday, June 25th, Kevin Rubin sold 3,000 shares of Zscaler stock. The stock was sold at an average price of $124.22, for a total value of $372,660.00.
- On Tuesday, June 16th, Kevin Rubin sold 1,686 shares of Zscaler stock. The shares were sold at an average price of $126.43, for a total value of $213,160.98.
Zscaler Price Performance
Shares of NASDAQ ZS opened at $151.63 on Wednesday. The company has a current ratio of 1.86, a quick ratio of 1.86 and a debt-to-equity ratio of 0.72. The company has a market capitalization of $24.52 billion, a price-to-earnings ratio of -315.89, a price-to-earnings-growth ratio of 84.41 and a beta of 0.96. Zscaler, Inc. has a twelve month low of $114.63 and a twelve month high of $336.99. The business has a 50 day simple moving average of $142.04 and a 200-day simple moving average of $155.30.
Zscaler (NASDAQ:ZS - Get Free Report) last announced its quarterly earnings data on Tuesday, May 26th. The company reported $1.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.07. The firm had revenue of $850.48 million for the quarter, compared to analysts' expectations of $835.14 million. Zscaler had a negative return on equity of 0.37% and a negative net margin of 2.44%.The firm's revenue for the quarter was up 25.4% on a year-over-year basis. During the same period last year, the business posted $0.84 earnings per share. Zscaler has set its Q4 2026 guidance at 1.080-1.090 EPS and its FY 2026 guidance at 4.100-4.110 EPS. As a group, equities research analysts expect that Zscaler, Inc. will post 0.12 earnings per share for the current year.
Analyst Upgrades and Downgrades
ZS has been the subject of several research reports. Scotiabank decreased their price target on shares of Zscaler from $190.00 to $175.00 and set a "sector outperform" rating for the company in a report on Wednesday, May 27th. JPMorgan Chase & Co. dropped their price objective on shares of Zscaler from $250.00 to $205.00 and set an "overweight" rating on the stock in a research note on Wednesday, May 27th. Zacks Research raised shares of Zscaler from a "strong sell" rating to a "hold" rating in a report on Wednesday, May 27th. Citizens Jmp decreased their target price on Zscaler from $290.00 to $210.00 and set a "market outperform" rating for the company in a research note on Friday, May 1st. Finally, Deutsche Bank Aktiengesellschaft lowered their target price on Zscaler from $185.00 to $175.00 and set a "buy" rating for the company in a report on Wednesday, May 27th. Thirty-four analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, Zscaler presently has a consensus rating of "Moderate Buy" and an average target price of $214.21.
Get Our Latest Research Report on Zscaler
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Binnacle Investments Inc bought a new position in Zscaler in the 3rd quarter worth about $25,000. AlphaCentric Advisors LLC acquired a new position in shares of Zscaler during the fourth quarter worth approximately $29,000. University of Texas Texas AM Investment Management Co. acquired a new position in shares of Zscaler during the fourth quarter worth approximately $30,000. Mcguire Capital Advisors Inc. acquired a new stake in Zscaler in the 4th quarter valued at approximately $32,000. Finally, Family CFO Inc bought a new stake in Zscaler during the 4th quarter valued at $34,000. 46.45% of the stock is 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.
Key offerings are built around the Zscaler Zero Trust Exchange, a multi-tenant cloud platform that enforces security and access policies in-line.
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