Zscaler chief legal officer sells $1.1 million in stock

Published 18/09/2025, 02:04
Zscaler chief legal officer sells $1.1 million in stock

Robert Schlossman, Chief Legal Officer of Zscaler, Inc. (NASDAQ:ZS), sold 3,832 shares of common stock on September 16, 2025, for approximately $1075629. The shares were sold at a weighted average price of $280.6966, with individual sales prices ranging from $280.6934 to $280.7013. The sale comes as Zscaler shows impressive performance, with the stock delivering a 65.8% return over the past year and maintaining strong gross margins of 77%.

On September 15, Schlossman also disposed of 2,000 shares of Zscaler common stock. This transaction was a gift, and no payment was received. According to InvestingPro analysis, Zscaler currently trades above its Fair Value, with 14+ exclusive ProTips available for subscribers.

Following these transactions, Schlossman directly owns 83,138 shares of Zscaler. He also indirectly owns 66 shares held by his spouse. The company maintains healthy liquidity with a current ratio of 2.01 and expects continued growth, with revenue increasing 23.3% in the last twelve months.

In other recent news, Zscaler reported its fourth-quarter 2025 earnings, which showed a notable shortfall in earnings per share (EPS). The company posted an EPS of -$0.11, significantly missing the analyst forecast of $0.80. However, Zscaler’s revenue exceeded expectations, reaching $719 million compared to the anticipated $706.95 million. Despite the earnings miss, various analyst firms have maintained positive ratings on the company’s stock. Freedom Capital Markets upgraded Zscaler’s stock rating to Buy, highlighting strong results and setting a new price target of $320. Truist Securities reiterated its Buy rating with a $350 target, expressing confidence in Zscaler’s long-term platform strategy. Canaccord Genuity also raised its price target to $340, citing the company’s robust technology and strong platform uptake. These developments reflect continued investor interest and analyst confidence in Zscaler’s growth potential.

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