Two 59%+ winners, four above 25% in Aug – How this AI model keeps picking winners
SAN JOSE, CA—Giancarlo Charles H, a director at Zscaler, Inc. (NASDAQ:ZS), sold a significant portion of his holdings in the company, according to a recent filing with the Securities and Exchange Commission. On June 6, 2025, Giancarlo disposed of a total of 50,000 shares of Zscaler common stock, generating approximately $15.2 million. The shares were sold at prices ranging from $304.00 to $305.03 per share. The sale comes as Zscaler trades near its 52-week high of $306.77, with the stock showing impressive momentum, having gained over 65% year-to-date. According to InvestingPro analysis, the company appears to be trading above its Fair Value.
Following these transactions, Giancarlo holds no shares directly under his name but maintains indirect ownership through various trusts. The sales were executed in multiple transactions, with weighted average prices of $304.3689 and $305.0038. The company, now valued at $46.4 billion, maintains strong gross profit margins of 77.5%. InvestingPro subscribers can access 14 additional key insights about Zscaler’s financial health and growth prospects through the comprehensive Pro Research Report.
This move comes as Giancarlo continues to manage his holdings through several trusts, including The Giancarlo Charitable Remainder Trust and The Charles H. & Dianne G. Giancarlo Family Trust, among others.
In other recent news, Zscaler has been the focus of multiple analyst updates following its Zenith Live 2025 event. Deutsche Bank (ETR:DBKGn), Truist Securities, and Jefferies have all raised their price targets for Zscaler stock to $350, while Scotiabank (TSX:BNS) increased its target to $360. These adjustments were made while maintaining positive ratings, such as Buy and Sector Outperform, reflecting confidence in Zscaler’s strategic direction and growth prospects. Analysts have noted Zscaler’s strong market position in the Secure Access Service Edge (SASE) market, with its Zero Trust architecture receiving positive feedback from customers.
The company’s recent investor briefing highlighted advancements in its go-to-market strategy, including upselling, cross-selling, and new customer acquisitions. Additionally, Zscaler’s focus on data security and agentic operations has been well-received, with Deutsche Bank survey results indicating strong customer enthusiasm for the company’s solutions. Despite the positive outlook, Scotiabank expressed some caution regarding potential risks in future guidance. Overall, these developments underscore Zscaler’s momentum in the cybersecurity landscape.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.