Key Points
- Zscaler CFO Kevin Rubin sold 514 shares for approximately $133,203 under a pre-arranged Rule 10b5-1 plan, reducing his holdings by just 0.82% to 62,113 shares.
- Zscaler reported quarterly adjusted EPS of $1.19, beating the $1.09 consensus estimate, while revenue reached $898.19 million, up 24.9% year over year and above expectations.
- Analyst sentiment remains positive, with a consensus “Moderate Buy” rating and an average price target of $240.14, although competition, valuation concerns and a potential investor investigation pose risks.
Zscaler, Inc. (NASDAQ:ZS - Get Free Report) CFO Kevin Rubin sold 514 shares of the stock in a transaction dated Monday, October 26th. The stock was sold at an average price of $259.15, for a total transaction of $133,203.10. Following the sale, the chief financial officer owned 62,113 shares of the company's stock, valued at $16,096,583.95. This trade represents a 0.82% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible 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 Friday, September 25th, Kevin Rubin sold 519 shares of Zscaler stock. The stock was sold at an average price of $197.28, for a total value of $102,388.32.
- On Wednesday, September 16th, Kevin Rubin sold 5,957 shares of Zscaler stock. The shares were sold at an average price of $192.76, for a total value of $1,148,271.32.
- On Tuesday, August 25th, Kevin Rubin sold 503 shares of Zscaler stock. The shares were sold at an average price of $173.38, for a total value of $87,210.14.
Zscaler Stock Down 0.1%
ZS opened at $260.15 on Wednesday. Zscaler, Inc. has a 52 week low of $114.63 and a 52 week high of $336.99. The business has a 50 day moving average price of $200.27 and a two-hundred day moving average price of $167.17.
Zscaler (NASDAQ:ZS - Get Free Report) last announced its earnings results on Thursday, September 3rd. The company reported $1.19 earnings per share for the quarter, beating the consensus estimate of $1.09 by $0.10. The company had revenue of $898.19 million during the quarter, compared to analysts' expectations of $876.96 million. The company's revenue for the quarter was up 24.9% compared to the same quarter last year. During the same quarter last year, the business posted $0.89 earnings per share. Zscaler has set its FY 2027 guidance at 4.860-4.900 EPS and its Q1 2027 guidance at 1.150-1.160 EPS. As a group, equities analysts expect that Zscaler, Inc. will post 0.69 EPS for the current fiscal year.
Zscaler News Roundup
Here are the key news stories impacting Zscaler this week:
- Positive Sentiment: Bank of America Securities reiterated its Buy rating, providing continued institutional support for Zscaler’s growth outlook. Bank of America Securities Sticks to Their Buy Rating for Zscaler
- Positive Sentiment: Analysts and market commentators continue to point to rising cyber threats and AI adoption as potential demand drivers for Zscaler’s cloud-security platform. The stock recently benefited from a broader cybersecurity-sector rally. Top AI-Powered Cybersecurity Stocks to Buy as Digital Threats Rise
- Positive Sentiment: Zscaler announced its India PartnerConnect 2026 award winners, highlighting partner engagement and channel activity in an important growth market, although the direct financial impact is unclear. Zscaler Announces India Partner Award Winners
- Neutral Sentiment: Zscaler CFO Kevin Rubin sold 514 shares for approximately $133,000 under a pre-arranged Rule 10b5-1 plan. The sale represented only 0.82% of his holdings, reducing its value as a bearish signal. Zscaler CFO Form 4 Filing
- Negative Sentiment: Pomerantz LLP said it is investigating potential claims on behalf of Zscaler investors. The announcement does not establish wrongdoing, but securities investigations can increase legal and reputational risk and weigh on sentiment. Pomerantz Investor Alert
- Negative Sentiment: Commentary argues that competitor Netskope is catching up, raising concerns about competition and potential pressure on Zscaler’s long-term growth advantages. Netskope Vs. Zscaler
- Negative Sentiment: Another analysis concludes that much of Zscaler’s AI-related upside may already be reflected in its valuation, making the stock more vulnerable to profit-taking or disappointing growth. Zscaler AI Tailwinds Appear To Be Mostly Priced In
Analyst Ratings Changes
Several equities analysts have issued reports on ZS shares. Morgan Stanley boosted their price objective on shares of Zscaler from $165.00 to $185.00 and gave the company an "equal weight" rating in a research note on Wednesday, October 7th. BNP Paribas Exane restated an "outperform" rating and set a $250.00 price objective (up from $230.00) on shares of Zscaler in a research report on Wednesday, October 7th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of Zscaler in a report on Friday, September 4th. Jefferies Financial Group boosted their price target on shares of Zscaler from $220.00 to $250.00 and gave the stock a "buy" rating in a research note on Wednesday, October 7th. Finally, Yorkville Ives initiated coverage on shares of Zscaler in a report on Tuesday, October 6th. They set an "outperform" rating and a $250.00 price target for the company. Thirty-seven equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $240.14.
Get Our Latest Analysis on Zscaler
Institutional Investors Weigh In On Zscaler
Hedge funds and other institutional investors have recently bought and sold shares of the business. Quintet Private Bank Europe S.A. lifted its holdings in Zscaler by 4.5% in the third quarter. Quintet Private Bank Europe S.A. now owns 1,170 shares of the company's stock valued at $233,000 after acquiring an additional 50 shares during the period. Signaturefd LLC grew its stake in shares of Zscaler by 3.9% during the 3rd quarter. Signaturefd LLC now owns 1,401 shares of the company's stock worth $279,000 after purchasing an additional 52 shares during the period. Triumph Capital Management grew its stake in shares of Zscaler by 6.3% during the 3rd quarter. Triumph Capital Management now owns 923 shares of the company's stock worth $184,000 after purchasing an additional 55 shares during the period. NFSG Corp grew its stake in shares of Zscaler by 2.6% during the 3rd quarter. NFSG Corp now owns 2,437 shares of the company's stock worth $486,000 after purchasing an additional 62 shares during the period. Finally, Parkside Financial Bank & Trust increased its holdings in shares of Zscaler by 18.8% in the 2nd quarter. Parkside Financial Bank & Trust now owns 417 shares of the company's stock valued at $59,000 after purchasing an additional 66 shares in the last quarter. Institutional investors and hedge funds own 46.45% of the company's stock.
About Zscaler
(
Get Free Report)
Zscaler, Inc is a cloud-based cybersecurity company that helps organizations secure access to applications, websites, data and other digital resources. Its platform is designed around a zero-trust security model, which verifies users and devices and enforces security policies before granting access, rather than relying primarily on a traditional corporate network perimeter.
The company's offerings include Zscaler Internet Access, which provides secure access to internet and software-as-a-service applications, and Zscaler Private Access, which enables secure access to private applications without extending an organization's network to users.
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