Qualys (NASDAQ:QLYS) CEO Sells $1,204,800.00 in Stock

Qualys, Inc. (NASDAQ:QLYS) CEO Sumedh Thakar sold 10,000 shares of the stock in a transaction on Friday, June 26th. The shares were sold at an average price of $120.48, for a total value of $1,204,800.00. Following the completion of the transaction, the chief executive officer directly owned 236,686 shares of the company’s stock, valued at approximately $28,515,929.28. This represents a 4.05% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Qualys Stock Up 4.3%

Shares of QLYS opened at $143.44 on Thursday. Qualys, Inc. has a 52-week low of $74.51 and a 52-week high of $155.47. The firm’s fifty day moving average is $103.66 and its two-hundred day moving average is $108.93. The stock has a market cap of $5.05 billion, a PE ratio of 25.75 and a beta of 0.61.

Qualys (NASDAQ:QLYS) last released its earnings results on Tuesday, May 5th. The software maker reported $1.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.81 by $0.14. The business had revenue of $175.64 million during the quarter, compared to analyst estimates of $173.63 million. Qualys had a net margin of 29.41% and a return on equity of 37.15%. The company’s revenue for the quarter was up 9.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.67 earnings per share. Qualys has set its FY 2026 guidance at 7.440-7.650 EPS and its Q2 2026 guidance at 1.730-1.800 EPS. As a group, research analysts anticipate that Qualys, Inc. will post 5.47 earnings per share for the current year.

Analyst Ratings Changes

A number of research firms have commented on QLYS. William Blair downgraded shares of Qualys from an “outperform” rating to a “market perform” rating in a report on Tuesday, April 28th. TD Cowen restated a “hold” rating on shares of Qualys in a research report on Tuesday, April 14th. Canaccord Genuity Group cut their price target on Qualys from $150.00 to $125.00 and set a “buy” rating for the company in a report on Wednesday, May 6th. Scotiabank reduced their price objective on Qualys from $135.00 to $100.00 and set a “sector perform” rating on the stock in a research report on Wednesday, May 6th. Finally, JPMorgan Chase & Co. raised Qualys from an “underweight” rating to a “neutral” rating and boosted their price objective for the stock from $87.00 to $139.00 in a research note on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, twelve have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $125.86.

Hedge Funds Weigh In On Qualys

A number of institutional investors have recently bought and sold shares of QLYS. Root Financial Partners LLC boosted its holdings in Qualys by 206.2% in the 1st quarter. Root Financial Partners LLC now owns 297 shares of the software maker’s stock valued at $26,000 after purchasing an additional 200 shares during the last quarter. Strive Financial Group LLC acquired a new stake in shares of Qualys during the 4th quarter worth approximately $27,000. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Qualys by 204.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 213 shares of the software maker’s stock worth $28,000 after buying an additional 143 shares during the last quarter. Allworth Financial LP lifted its holdings in Qualys by 86.8% in the third quarter. Allworth Financial LP now owns 284 shares of the software maker’s stock valued at $38,000 after acquiring an additional 132 shares during the last quarter. Finally, Employees Retirement System of Texas acquired a new position in Qualys in the fourth quarter valued at approximately $43,000. 99.31% of the stock is owned by hedge funds and other institutional investors.

Qualys Company Profile

Qualys, Inc (NASDAQ: QLYS) is a leading provider of cloud-based security and compliance solutions designed to help organizations streamline their IT security programs. Operating on a unified, modular platform, Qualys offers continuous visibility into global IT assets through a combination of lightweight cloud agents and on-premises scanner appliances. The platform supports an array of security and compliance use cases, enabling real-time detection of vulnerabilities, policy violations and misconfigurations across on-premises, cloud and hybrid environments.

The company’s flagship Qualys Cloud Platform delivers a suite of integrated applications, including vulnerability management, detection and response (VMDR), policy compliance, web application scanning, file integrity monitoring, asset inventory and container security.