rts logo

Are we looking at the next big move in Zscaler Inc (ZS)?

Zscaler Inc (NASDAQ: ZS) is -16.99% lower on its value in year-to-date trading and has touched a low of $131.59 and a high of $259.61 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ZS stock was last observed hovering at around $180.99 in the last trading session, with the day’s gains setting it 2.92%.

Currently trading at $183.91, the stock is 6.04% and 4.10% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.96 million and changing 1.61% at the moment leaves the stock -3.43% off its SMA200. ZS registered 23.58% gain for a year compared to 6-month loss of -8.07%.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

The stock witnessed a 6.95% gain in the last 1 month and extending the period to 3 months gives it a -8.38%, and is 8.81% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.41% over the week and 3.41% over the month.

Zscaler Inc (ZS) has around 5962 employees, a market worth around $27.56B and $2.03B in sales. Fwd P/E is 55.06. Profit margin for the company is -3.62%. Distance from 52-week low is 39.76% and -29.16% from its 52-week high. The company has generated returns on investments over the last 12 months (-3.23%).

The EPS is expected to grow by 68.01% this year.

Zscaler Inc (ZS) Top Institutional Holders

The shares outstanding are 147.17M, and float is at 90.07M with Short Float at 5.21%.

Zscaler Inc (ZS) Insider Activity

The most recent transaction is an insider sale by Schlossman Robert,the company’sChief Legal Officer. SEC filings show that Schlossman Robert sold 5,484 shares of the company’s common stock on Mar 19 ’24 at a price of $193.88 per share for a total of $1.06 million. Following the sale, the insider now owns 0.12 million shares.

Zscaler Inc disclosed in a document filed with the SEC on Mar 18 ’24 that CANESSA REMO (Chief Financial Officer) sold a total of 7,707 shares of the company’s common stock. The trade occurred on Mar 18 ’24 and was made at $193.15 per share for $1.49 million. Following the transaction, the insider now directly holds 0.26 million shares of the ZS stock.

Still, SEC filings show that on Mar 18 ’24, Schlossman Robert (Chief Legal Officer) disposed off 4,227 shares at an average price of $193.15 for $0.82 million. The insider now directly holds 123,978 shares of Zscaler Inc (ZS).

Related Posts