New insider activity at Zscaler ( (ZS) ) has taken place on April 4, 2025.
Director Brown Andrew William Fraser recently executed a significant transaction by selling 10,000 shares of Zscaler stock. This sale amounted to a total value of $2,060,000, highlighting a noteworthy movement in the company’s stock holdings.
Recent Updates on ZS stock
Recent developments in Zscaler’s stock include an upgrade by Cantor Fitzgerald to Overweight from Neutral, with a price target increase to $250, citing improved execution, solid near-term checks, and expectations of accelerating billings, revenue growth, and margin expansion. Stephens initiated coverage with an Overweight rating, highlighting Zscaler’s position as a pioneer in cloud-based network security and its potential for 20% top-line growth. Conversely, Jefferies lowered its price target to $240 due to recent multiple compression and softening macro factors impacting tech deal decisions, though it maintains a Buy rating. Additionally, there is notable bearish sentiment with increased put option activity, reflecting market caution ahead of upcoming earnings.
More about Zscaler
YTD Price Performance: 13.97%
Average Trading Volume: 1,885,281
Technical Sentiment Signal: Strong Sell
Current Market Cap: $31.11B