Qualys (NASDAQ:QLYS) CEO Sumedh Thakar Sells 3,200 Shares of Stock

Qualys, Inc. (NASDAQ:QLYS) CEO Sumedh Thakar sold 3,200 shares of the firm’s stock in a transaction on Monday, September 14th. The shares were sold at an average price of $170.05, for a total value of $544,160.00. Following the transaction, the chief executive officer owned 180,338 shares in the company, valued at approximately $30,666,476.90. This trade represents a 1.74% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Qualys Price Performance

QLYS opened at $185.37 on Wednesday. Qualys, Inc. has a 1 year low of $74.51 and a 1 year high of $201.54. The company has a market capitalization of $6.41 billion, a price-to-earnings ratio of 32.07 and a beta of 0.62. The firm’s fifty day moving average price is $167.20 and its two-hundred day moving average price is $123.99.

Qualys (NASDAQ:QLYS) last announced its earnings results on Tuesday, August 4th. The software maker reported $1.98 EPS for the quarter, beating the consensus estimate of $1.78 by $0.20. Qualys had a net margin of 29.38% and a return on equity of 37.52%. The company had revenue of $182.18 million during the quarter, compared to the consensus estimate of $178.57 million. During the same quarter in the prior year, the company posted $1.68 earnings per share. The firm’s revenue for the quarter was up 11.1% on a year-over-year basis. Qualys has set its FY 2026 guidance at 7.740-7.880 EPS and its Q3 2026 guidance at 1.910-1.980 EPS. As a group, equities analysts anticipate that Qualys, Inc. will post 5.84 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. BlackRock Inc. purchased a new position in Qualys in the second quarter valued at approximately $792,316,000. Legal & General Group Plc purchased a new stake in Qualys in the second quarter worth $197,624,000. Geode Capital Management LLC increased its position in Qualys by 4.0% in the fourth quarter. Geode Capital Management LLC now owns 1,256,002 shares of the software maker’s stock worth $168,380,000 after buying an additional 48,877 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its stake in shares of Qualys by 127.0% in the first quarter. Arrowstreet Capital Limited Partnership now owns 832,796 shares of the software maker’s stock valued at $73,161,000 after buying an additional 465,952 shares during the period. Finally, Dimensional Fund Advisors LP raised its stake in shares of Qualys by 6.4% in the first quarter. Dimensional Fund Advisors LP now owns 763,099 shares of the software maker’s stock valued at $67,041,000 after buying an additional 45,718 shares during the period. 99.31% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the company. Weiss Ratings upgraded Qualys from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, August 24th. JPMorgan Chase & Co. increased their price target on Qualys from $139.00 to $150.00 and gave the company a “neutral” rating in a research report on Monday, July 27th. Truist Financial lifted their price target on Qualys from $160.00 to $185.00 and gave the stock a “hold” rating in a report on Wednesday, August 5th. Morgan Stanley boosted their price objective on Qualys from $115.00 to $130.00 and gave the stock an “underweight” rating in a research report on Wednesday, August 5th. Finally, TD Cowen upped their price objective on Qualys from $145.00 to $170.00 and gave the company a “hold” rating in a research note on Wednesday, August 5th. Two investment analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Qualys has an average rating of “Hold” and a consensus target price of $173.87.

About Qualys

Qualys, Inc is a cloud-based security and compliance company that helps organizations identify, assess and manage cyber risk across their information technology environments. Its platform is designed to provide visibility into assets, vulnerabilities, configurations and compliance requirements across networks, endpoints, applications and cloud infrastructure.

The company’s offerings include vulnerability management, asset inventory, policy compliance, cloud security, web application security and endpoint detection and response.