James Beer Sells Zscaler Shares Worth $22,213
Insider James Beer sold 177 shares of Zscaler on June 17, 2026, in a planned transaction.
Key Points
- James Beer sold 177 shares of Zscaler, Inc. (ZS) for $22,213.50 on June 17, 2026, at an average price of $125.50.
- Zscaler shares traded at $127.23 with a market cap of $20.57 billion and a forward P/E of 27.67.
- Analysts maintain a 'buy' rating with a target mean price of $193.05 for Zscaler.
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James Beer, an insider at Zscaler, Inc. (NasdaqGS: ZS), sold 177 shares of the company on June 17, 2026. The shares were sold at an average price of $125.50 each, totaling $22,213.50. This transaction was made under a pre-planned trading program, often used by insiders to avoid potential conflicts of interest.
Insider Buying and Selling at Zscaler, Inc.
In addition to James Beer's sale, several other executives at Zscaler also sold shares recently. On June 16, 2026, Michael Rich, the CRO and President of Worldwide Sales, sold 4,184 shares at $126.43 each. Adam Geller, the Chief Product Officer, sold 1,940 shares, while CEO Jagtar Singh Chaudhry sold 2,878 shares, both at the same price. Chief Legal Officer Robert Schlossman and CFO Kevin Rubin also sold shares on the same day.
Other Institutional Activity in Zscaler
Several institutional investors have been active in Zscaler. BlackRock, Inc. increased its holdings by 737,561 shares, bringing its total to 8,568,317 shares valued at approximately $1.20 billion. Vanguard Portfolio Management LLC added 5,930,635 shares, resulting in a total of 5,930,635 shares worth $832.01 million. First Trust Advisors LP boosted its position by 935,781 shares, now holding 3,518,678 shares valued at $493.64 million. Goldman Sachs Group Inc. also expanded its stake by 512,523 shares to a total of 2,924,939 shares, valued at $410.34 million.
Zscaler, Inc. Stock Down 32.5%
Shares of Zscaler (NasdaqGS: ZS) were trading around $127.23. The company has a market cap of $20.57 billion and a forward P/E ratio of 27.67, indicating expectations of future earnings growth. Zscaler's stock has seen a 52-week low of $114.63 and a high of $336.99. The 50-day moving average is $141.36, while the 200-day moving average stands at $213.09. Zscaler maintains a current ratio of 1.86, a quick ratio of 1.72, and a debt-to-equity ratio of 78.94.
$ZS stock price
Daily closing prices, year to date. Not investment advice.
Analysts Set New Price Targets
Several analysts have recently issued ratings on Zscaler. On June 12, 2026, Stephens & Co. reiterated a 'buy' rating with a $200 target price. Canaccord Genuity maintained its 'buy' rating with a $210 target on June 11. On June 10, Macquarie maintained a 'buy' rating and set a $172 target, while Wedbush reiterated a 'buy' with a $220 target. The overall consensus among analysts is a 'buy', with a mean target price of $193.05 based on 45 opinions.
About Zscaler, Inc.
Zscaler, Inc. is a cloud security company based in San Jose, California. It provides a range of cybersecurity solutions, including internet access protection, private access solutions, and data security products. The company serves various industries worldwide, including automotive, healthcare, and telecommunications. Zscaler was founded in 2007, and its CEO is Jagtar Singh Chaudhry.
Bottom Line
Insider James Beer's planned sale of Zscaler shares highlights ongoing insider trading activity at the company. Investors often watch such trades for insights into insider sentiment. Zscaler continues to attract institutional interest, with several funds increasing their stakes. The company is well-regarded by analysts, maintaining a 'buy' consensus and a promising target price.
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