Key Points
- Zscaler insider Adam Geller sold 1,041 shares at an average price of $238, totaling $247,758. The sale was made under a pre-arranged Rule 10b5-1 plan; he retained 58,167 shares afterward.
- Zscaler reported quarterly EPS of $1.19, beating the $1.09 consensus, while revenue rose 24.9% year over year to $898.19 million.
- Analysts’ consensus rating was “Moderate Buy,” with an average price target of $236.65; 36 analysts rated the stock Buy, eight Hold, and one Sell.
Zscaler, Inc. (NASDAQ:ZS - Get Free Report) insider Adam Geller sold 1,041 shares of the stock in a transaction dated Monday, November 2nd. The shares were sold at an average price of $238.00, for a total transaction of $247,758.00. Following the completion of the transaction, the insider directly owned 58,167 shares of the company's stock, valued at approximately $13,843,746. The trade was a 1.76% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Adam Geller also recently made the following trade(s):
- On Friday, October 9th, Adam Geller sold 23,958 shares of Zscaler stock. The stock was sold at an average price of $225.43, for a total value of $5,400,851.94.
- On Monday, October 12th, Adam Geller sold 1,042 shares of Zscaler stock. The stock was sold at an average price of $235.95, for a total value of $245,859.90.
- On Monday, September 21st, Adam Geller sold 661 shares of Zscaler stock. The shares were sold at an average price of $200.00, for a total value of $132,200.00.
- On Thursday, September 17th, Adam Geller sold 4,584 shares of Zscaler stock. The shares were sold at an average price of $192.01, for a total value of $880,173.84.
- On Wednesday, September 16th, Adam Geller sold 5,578 shares of Zscaler stock. The shares were sold at an average price of $192.76, for a total value of $1,075,215.28.
Zscaler Price Performance
Shares of Zscaler stock opened at $225.09 on Wednesday. The stock has a market cap of $36.70 billion, a price-to-earnings ratio of -577.15, a price-to-earnings-growth ratio of 21.28 and a beta of 0.82. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.70 and a current ratio of 1.70. The stock has a 50 day moving average price of $206.02 and a 200-day moving average price of $167.70. Zscaler, Inc. has a one year low of $114.63 and a one year high of $335.70.
Zscaler (NASDAQ:ZS - Get Free Report) last released 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. Zscaler had a positive return on equity of 1.23% and a negative net margin of 1.88%. The firm had revenue of $898.19 million for the quarter, compared to the consensus estimate of $876.96 million. During the same quarter in the previous year, the company posted $0.89 EPS. The company's revenue for the quarter was up 24.9% compared to the same quarter last year. Zscaler has set its FY 2027 guidance at 4.860-4.900 EPS and its Q1 2027 guidance at 1.150-1.160 EPS. Equities analysts expect that Zscaler, Inc. will post 0.70 EPS for the current year.
Wall Street Analysts Forecast Growth
A number of research firms have weighed in on ZS. Citigroup boosted their price objective on shares of Zscaler from $245.00 to $260.00 and gave the company a "buy" rating in a research report on Thursday, October 15th. Wedbush raised their target price on shares of Zscaler from $215.00 to $240.00 and gave the stock an "outperform" rating in a report on Wednesday, October 7th. Zacks Research upgraded shares of Zscaler from a "strong sell" rating to a "hold" rating in a report on Friday, October 2nd. Mizuho set a $235.00 price target on shares of Zscaler in a research note on Wednesday, October 7th. Finally, BTIG Research reiterated a "neutral" rating on shares of Zscaler in a report on Wednesday, October 7th. Thirty-six research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, Zscaler currently has an average rating of "Moderate Buy" and an average price target of $236.65.
Check Out Our Latest Analysis on Zscaler
Hedge Funds Weigh In On Zscaler
Large investors have recently bought and sold shares of the business. Quintet Private Bank Europe S.A. lifted its position in shares of Zscaler by 4.5% during the third quarter. Quintet Private Bank Europe S.A. now owns 1,170 shares of the company's stock worth $233,000 after purchasing an additional 50 shares during the last quarter. Signaturefd LLC boosted its stake in shares of Zscaler by 3.9% during the third quarter. Signaturefd LLC now owns 1,401 shares of the company's stock valued at $279,000 after purchasing an additional 52 shares during the period. Triumph Capital Management boosted its stake in shares of Zscaler by 6.3% during the third quarter. Triumph Capital Management now owns 923 shares of the company's stock valued at $184,000 after purchasing an additional 55 shares during the period. NFSG Corp boosted its stake in shares of Zscaler by 2.6% during the third quarter. NFSG Corp now owns 2,437 shares of the company's stock valued at $486,000 after purchasing an additional 62 shares during the period. Finally, Parkside Financial Bank & Trust grew its holdings in shares of Zscaler by 18.8% in the second quarter. Parkside Financial Bank & Trust now owns 417 shares of the company's stock worth $59,000 after purchasing an additional 66 shares during the last quarter. Hedge funds and other institutional investors own 46.45% of the company's stock.
Zscaler Company Profile
(
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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