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A company insider recently sold 10,000 shares of Zscaler Inc [ZS]. Should You Sale?

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Zscaler Inc shares valued at $2,060,000 were sold by Brown Andrew William Fraser on Apr 02 ’25. At $206.00 per share, Brown Andrew William Fraser sold 10,000 shares. The insider’s holdings dropped to 27,216 shares worth approximately $6.16 million following the completion of this transaction.

Also, Brown Andrew William Fraser purchased 10,000 shares, netting a total of over 2,060,000 in proceeds.

Before that, Rich Michael J. had sold 3,575 shares from its account. In a trade valued at $711,950, the CRO and President of WW Sales traded Zscaler Inc shares for $199.15 each. Upon closing the transaction, the insider’s holdings decreased to 3,575 shares, worth approximately $25.42 million.

As published in a research note from Exane BNP Paribas on April 28, 2025, Zscaler Inc [ZS] has been rated up from a Neutral to an Outperform and the price target has been revised to $260. Analysts at Roth Capital started covering the stock with ‘”a Neutral”‘ outlook in a report released in late April. As of April 03, 2025, Cantor Fitzgerald has increased its “Neutral” rating to a “an Overweight” for ZS. Earlier on April 01, 2025, Stephens initiated its rating. Their recommendation was “an Overweight” for ZS stock.

Analyzing ZS Stock Performance

During the last five days, there has been a surge of approximately 12.75%. Over the course of the year, Zscaler Inc shares have jumped approximately 25.36%. Shares of the company reached a 52-week high of $226.60 on 04/30/25 and a 52-week low of $164.78 on 04/07/25. A 50-day SMA is recorded $201.10, while a 200-day SMA reached $192.32.

Support And Resistance Levels for Zscaler Inc (ZS)

According to the 24-hour chart, there is a support level at 220.42, which, if violated, would cause prices to drop to 214.67. In the upper region, resistance lies at 229.26. The next price resistance is at 232.35. RSI (Relative Strength Index) is 65.36 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 17.02, which suggests the price will increase in the coming days. Percent R is at 1.15%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.

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