Zscaler (ZS) Chief Product Officer Adam Sells $246K of Stock
Chief Product Officer Geller Adam sold over $245,000 worth of Zscaler shares.
Reviewed by automated data checks against the source filing. How we make and check alerts
Geller Adam, Chief Product Officer at Zscaler, Inc. ($ZS), sold 1,042 shares at an average price of $235.95, worth about $245,859.90, on October 12, 2026. The trade was reported to the SEC in a Form 4 filing and was made under a pre-arranged Rule 10b5-1 trading plan.
Since the trade, $ZS is down 8.2% to date (from the $225.78 close on Oct 12, 2026).
ZS
Zscaler, Inc.
Key Points
- On October 12, 2026, Geller Adam sold 1,042 shares of Zscaler, Inc. at a price of $235.95 each, totaling $245,859.
- The stock recently traded around $206.66, which is 11.6% below the average analyst target of $233.72.
- Analysts maintain a consensus 'buy' rating on Zscaler, with targets ranging from $245 to $305.
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Geller Adam, the Chief Product Officer at Zscaler, Inc. (NasdaqGS: ZS), sold 1,042 shares on October 12, 2026, at a price of $235.95 each. This sale totaled approximately $245,859. Adam's transaction was planned under a Rule 10b5-1 arrangement.
Other Institutional Activity in Zscaler, Inc.
Several notable institutional investors have been active in Zscaler recently. Blackrock Inc. increased its stake by 1,322,088 shares, bringing its total to 9,890,384 shares worth about $2.05 billion. Vanguard Portfolio Management LLC added 266,277 shares, ending with 6,196,726 shares valued at around $1.29 billion. Vanguard Capital Management LLC also grew its holdings by 60,590 shares, totaling 4,721,393 shares worth about $979.1 million.
Zscaler, Inc. Stock Down 6.4%
Zscaler shares are currently trading around $206.66, which is above the 52-week low of $114.63 but significantly below the 52-week high of $336.99. The stock is also trading above its 50-day moving average by about 8.8% and above its 200-day moving average by approximately 24.5%. However, it remains about 11.6% below the average analyst price target of $233.72.
Recent Earnings
In its latest earnings report, Zscaler reported trailing twelve-month revenue of approximately $3.35 billion, reflecting a year-over-year growth of 24.9%. The company has faced challenges, posting a net margin of -1.9% and a return on equity of -2.9%. The next earnings report is scheduled for November 24, 2026.
Insider Buying and Selling at Zscaler, Inc.
Prior to Adam's recent sale, several insiders had sold shares around June 16, 2026. Chief Financial Officer Kevin Rubin sold 1,686 shares at $126.43 for a total of about $213,161. Chief Legal Officer Robert Schlossman sold 3,146 shares, also at $126.43, totaling approximately $397,749. CEO Jagtar Singh Chaudhry sold 2,878 shares for about $363,866.
Analysts Set New Price Targets
On October 7, 2026, Macquarie and UBS both maintained their 'Outperform' and 'Buy' ratings, respectively, with price targets of $250. Citigroup also maintained a 'Buy' rating, raising its target to $245. Later, on October 8, Amerx initiated coverage with a 'Buy' rating and a target of $305. The consensus among analysts is a 'buy' recommendation based on 44 opinions, with a mean target of $233.72.
About Zscaler, Inc.
Zscaler, Inc. is a cloud security company that provides services to protect businesses from cyber threats. With a focus on software infrastructure, Zscaler supports a wide range of clients globally. The recent insider sale highlights ongoing movements within the company as it navigates the competitive tech landscape.
Bottom Line
Investors should watch for Zscaler's upcoming earnings report on November 24, 2026, as well as any further insider activity. Geller Adam's recent planned sale adds to a series of insider transactions that may signal shifts within the company.
Related Filing Alerts
Source: Geller Adam's Form 4 filing on $ZS (Oct 12, 2026). Find the original filing: ZS Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts