Should You Invest in Zscaler? Analysts and Insiders Weigh In

Looking for investment tips? Analysts from RBC Capital and Stifel Nicolaus are pointing to Zscaler, a cloud-based security company, as a potential winner. On November 17, RBC Capital's Matthew Hedberg highlighted Zscaler (ZS), setting a price target of $230. Zscaler's stock closed at $204. 36 the day before. Hedberg has a solid track record with a 19. 3% average return on his stock picks. But not everyone agrees; Loop Capital Markets kept their rating on Zscaler as 'Hold' on November 18. Zscaler provides a whole range of security solutions, from internet safety to handling the Internet of Things. They've seen highs of $259. 61 and lows of $153. 45 in the past year, with an average trading volume of 1. 8 million shares. Insiders might have a different view. Over the past quarter, there's been a rise in insiders selling their shares. In September 2024, Director Andrew Fraser sold 8, 000 shares for $1, 392, 800. This trend suggests a negative sentiment among insiders. Investment decisions can be tricky. Analysts and insiders provide different insights, so it's key to consider both sides.