Zscaler chief product officer Adam Geller sells $132,200 in stock
Adam Geller, the Chief Product Officer at Zscaler, Inc. (NASDAQ:ZS), sold 661 shares of the company's common stock on September 21, 2026. The sale totaled $132,200, with each share priced at $200.0. Geller had established a Rule 10b5-1 trading plan on March 20, 2026, to facilitate this transaction. As a result of the sale, Geller remains a shareholder, owning 38,308 shares of Zscaler's common stock.
Following the sale, Zscaler's stock price rose by 8%, currently trading at $207.13. According to InvestingPro analysis, Zscaler appears to be undervalued at the current price, with the company boasting impressive gross profit margins of 77%. For those interested in learning more, there are over 15 InvestingPro Tips available for Zscaler, along with comprehensive Pro Research Reports covering 1,400+ US equities.
Additionally, recent financial results from Zscaler have been noteworthy, with the company reporting strong fourth-quarter fiscal 2026 results. Revenue for the quarter reached $898.2 million, a 25% year-over-year increase, surpassing consensus estimates by 2.4%. Analysts have responded positively to these results, with several raising their price targets for Zscaler.
Notably, FBN Securities increased its price target to $190, while Stephens raised it to $225. Both JPMorgan and Stifel maintained Buy ratings and upward price targets of $215 and $200, respectively, emphasizing Zscaler's growth prospects. Mizuho also maintained an Outperform rating with a $210 price target. These developments indicate a consensus among analysts regarding Zscaler's robust financial performance and growth potential.
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