Zscaler CFO Kevin Rubin sells $87,210 of ZS common stock By Investing.com

Kevin Rubin, Chief Financial Officer at Zscaler, Inc. (), sold common stock valued at a total of $87,210 on August 25, 2026. The shares were sold at prices ranging from $172.5335 to $176.49. These transactions were executed pursuant to a Rule 10b5-1 trading plan adopted on March 24, 2026.

Mr. Rubin’s sales included multiple transactions:

291 shares of common stock at a weighted average price of $172.5335 per share. These shares were sold in multiple transactions at prices ranging from $172.10 to $173.09.

92 shares of common stock at a weighted average price of $173.5322 per share. These shares were sold in multiple transactions at prices ranging from $173.10 to $174.05.

48 shares of common stock at a weighted average price of $174.5413 per share. These shares were sold in multiple transactions at prices ranging from $174.18 to $174.94.

66 shares of common stock at a weighted average price of $175.7782 per share. These shares were sold in multiple transactions at prices ranging from $175.33 to $176.12.

6 shares of common stock at a price of $176.49 per share.

Following these transactions, Kevin Rubin directly beneficially owns 40,895 shares of Zscaler common stock.The sales come as Zscaler’s stock trades at $170.31, down 24% year-to-date and 38% over the past year. Despite recent weakness, InvestingPro analysis suggests the stock is undervalued, with the company maintaining an impressive gross profit margin of 77%. Investors can access 12 additional InvestingPro Tips and comprehensive financial metrics ahead of the company’s earnings report in seven days.

In other recent news, several firms have updated their outlooks on Zscaler. KeyBanc has raised its price target for Zscaler to $210, maintaining an Overweight rating, citing mixed feedback on the company’s platform and competition. Cantor Fitzgerald reiterated its Overweight rating with a $225 price target, noting slightly weaker results in its channel checks for the fourth quarter of fiscal 2026 compared to the previous quarter. Stifel increased its price target to $200, anticipating Zscaler will report at least in-line earnings for the fourth quarter, with a potential 2% revenue beat. Similarly, TD Cowen also raised its price target to $200, expecting in-line or better results for the upcoming earnings report. These developments reflect a generally positive outlook among analysts, despite mixed qualitative feedback from some quarters.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.