Zscaler Director Cashes In with Multi-Million Dollar Stock Sale

New insider activity at Zscaler ( (ZS) ) has taken place on June 6, 2025.

Director Brown Andrew William Fraser recently made headlines by selling 20,333 shares of Zscaler stock, amassing a total of $6,033,114 from the transaction.

Recent Updates on ZS stock

In the last 24 hours, Zscaler has seen multiple price target increases from various financial institutions, driven by strong market positioning and strategic growth initiatives. Truist raised its price target citing Zscaler’s focus on Zero Trust architecture and the benefits from digital transformation and vendor consolidation. Scotiabank highlighted Zscaler’s leadership in SAS and potential for customer expansion following insights from the Zenith live 2025 event. Oppenheimer was encouraged by Zscaler’s announcements of new product initiatives and observed strong customer interest in the expanded portfolio. Deutsche Bank also raised its target, maintaining a positive outlook. Additionally, a regulatory filing disclosed a significant stock sale by a Zscaler director, adding to the day’s developments.

Spark’s Take on ZS Stock

According to Spark, TipRanks’ AI Analyst, ZS is a Outperform.

Zscaler’s strong financial performance and positive earnings call sentiment contribute significantly to its overall score. Technical indicators suggest strong momentum but caution due to overbought conditions. The valuation score reflects challenges due to unprofitability, while recent corporate appointments are expected to support strategic growth.

To see Spark’s full report on ZS stock, click here.

More about Zscaler

YTD Price Performance: 65.63%

Average Trading Volume: 2,695,186

Technical Sentiment Signal: Buy

Current Market Cap: $46.22B