CFO Kevin Rubin sold 3,303 shares of Zscaler (ZS) at $230.82; stock down -32.7% from 52-week high.
CFO Kevin Rubin sold 3,303 shares at $230.82, reducing his holdings by 6.4% to 48,161 shares. The sale occurs in a context of significant recent deterioration: Zscaler's stock is trading at $226.43, down -32.7% from its 52-week high of $336.27 and down -23.2% over the past 30 days. The company reported a net loss of $-11.6M in its latest quarter and was unprofitable over its most recent full fiscal year, though it maintained solid revenue growth of +23.3% year-over-year with $788.1M in quarterly revenue. The timing of this insider sale during a period of weakness and operating losses—despite strong top-line growth—provides a factual data point for investors assessing ZS fundamentals and insider positioning.