Zscaler CEO Jagtar Singh Chaudhry Sells Shares

CEO Jagtar Singh Chaudhry sold 2,878 shares of Zscaler, Inc. on June 16, 2026.

Written by EarningsIQ · Published Jun 17, 2026, 9:01 PM EDT · Updated Jun 18, 2026, 1:00 AM EDT

Key Points

Zscaler CEO Jagtar Singh Chaudhry sold 2,878 shares valued at $363,865 on June 16, 2026.
Zscaler's stock was trading around $127.23 with a market cap of $20.57 billion and a forward P/E of 27.67.
Analysts from firms like Stephens & Co. and Canaccord Genuity maintain a 'buy' rating with price targets up to $220.

On June 16, 2026, Zscaler, Inc.'s CEO and Chairman, Jagtar Singh Chaudhry, sold 2,878 shares of the company. The transaction, not part of a pre-planned sale, was valued at approximately $363,865, with shares sold at an average price of $126.43. This insider activity comes as the stock trades on the NasdaqGS under the ticker ZS.

Insider Buying and Selling at Zscaler, Inc.

Several executives at Zscaler, including CEO Jagtar Singh Chaudhry, sold shares on June 16, 2026. The company's Chief Revenue Officer, Michael Rich, sold 4,184 shares, while Chief Product Officer Adam Geller sold 1,940 shares. Other notable sales included Chief Legal Officer Robert Schlossman and CFO Kevin Rubin, who sold 3,146 and 1,686 shares, respectively. These transactions were not made under Rule 10b5-1 plans.

Other Institutional Activity in Zscaler

Among institutional investors, BlackRock, Inc. increased its holdings by 737,561 shares, reaching a total of 8,568,317 shares valued at about $1.20 billion. First Trust Advisors LP also boosted its position by 935,781 shares, ending with 3,518,678 shares worth approximately $493.64 million. Meanwhile, Goldman Sachs Group Inc. added 512,523 shares, bringing its total to 2,924,939 shares valued at around $410.34 million. State Street Corp saw a smaller increase, adding 46,914 shares for a total of 2,384,518 shares worth $334.52 million.

Zscaler Stock Snapshot

Shares of Zscaler, Inc. (NasdaqGS: ZS) recently traded near $127.23. The company has a market cap of approximately $20.57 billion, with a forward P/E ratio of 27.67 and a beta of 0.963. Over the past 52 weeks, the stock has ranged between $114.63 and $336.99. Its 50-day moving average is $141.36, and the 200-day moving average is $213.09. Zscaler maintains a current ratio of 1.86 and a quick ratio of 1.72, with a debt-to-equity ratio of 78.94.

Analysts Set New Price Targets

Recently, several analysts reiterated their positive outlook on Zscaler. On June 12, 2026, Stephens & Co. reiterated a 'buy' rating with a $200 price target. Canaccord Genuity maintained its 'buy' rating with a $210 target on June 11, 2026. Furthermore, Wedbush reiterated a 'buy' rating with a $220 target on June 10, 2026. Overall, the consensus remains a 'buy' with an average target price of $193.05 based on 45 analyst opinions.

About Zscaler, Inc.

Zscaler, Inc. is a global cloud security company headquartered in San Jose, California. Led by CEO Jagtar Singh Chaudhry, the company provides a range of cybersecurity solutions, including internet access protection and private access solutions. Zscaler serves various industries, including automotive, healthcare, and telecommunications, among others. With approximately 7,923 employees, the company continues to innovate in the field of cloud security.

Bottom Line

The recent insider sales at Zscaler, including those by CEO Jagtar Singh Chaudhry, highlight ongoing executive activity within the company. While insider sales can attract attention, they aren't always indicative of future performance. Investors often track these activities as part of a broader strategy, but it's essential to remember that 13F filings and insider transactions are backward-looking and may not reflect current positions.