Insider Selling: Qualys (NASDAQ:QLYS) CEO Sells $1,267,500.00 in Stock

Qualys, Inc. (NASDAQ:QLYS) CEO Sumedh Thakar sold 10,000 shares of Qualys stock in a transaction dated Monday, June 29th. The stock was sold at an average price of $126.75, for a total value of $1,267,500.00. Following the completion of the transaction, the chief executive officer directly owned 226,686 shares of the company’s stock, valued at approximately $28,732,450.50. This trade represents a 4.23% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Qualys Price Performance

Shares of NASDAQ:QLYS opened at $148.12 on Friday. The company has a market capitalization of $5.22 billion, a price-to-earnings ratio of 26.59 and a beta of 0.61. The business’s 50-day moving average is $104.90 and its 200-day moving average is $108.90. Qualys, Inc. has a 1 year low of $74.51 and a 1 year high of $155.47.

Qualys (NASDAQ:QLYS) last released its earnings results on Tuesday, May 5th. The software maker reported $1.95 EPS for the quarter, topping the consensus estimate of $1.81 by $0.14. The business had revenue of $175.64 million during the quarter, compared to analysts’ expectations of $173.63 million. Qualys had a return on equity of 37.15% and a net margin of 29.41%.The firm’s revenue was up 9.8% on a year-over-year basis. During the same quarter last year, the firm posted $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. Analysts anticipate that Qualys, Inc. will post 5.47 EPS for the current year.

Institutional Investors Weigh In On Qualys

Hedge funds have recently added to or reduced their stakes in the company. MassMutual Private Wealth & Trust FSB raised its position in shares of Qualys by 40.5% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 472 shares of the software maker’s stock worth $65,000 after purchasing an additional 136 shares during the period. Versant Capital Management Inc grew its position in Qualys by 96.7% in the 2nd quarter. Versant Capital Management Inc now owns 541 shares of the software maker’s stock valued at $74,000 after purchasing an additional 266 shares during the period. Pacer Advisors Inc. grew its position in Qualys by 1,338.8% in the 1st quarter. Pacer Advisors Inc. now owns 129,693 shares of the software maker’s stock valued at $11,394,000 after purchasing an additional 120,679 shares during the period. NewEdge Advisors LLC increased its stake in Qualys by 12.9% during the 1st quarter. NewEdge Advisors LLC now owns 6,110 shares of the software maker’s stock valued at $537,000 after purchasing an additional 696 shares in the last quarter. Finally, Segall Bryant & Hamill LLC bought a new stake in Qualys during the 1st quarter valued at $3,057,000. Institutional investors and hedge funds own 99.31% of the company’s stock.

Analysts Set New Price Targets

QLYS has been the subject of several recent analyst reports. Piper Sandler reduced their price objective on shares of Qualys from $135.00 to $100.00 and set a “neutral” rating for the company in a research report on Wednesday, May 6th. Royal Bank Of Canada boosted their target price on shares of Qualys from $85.00 to $90.00 and gave the company a “sector perform” rating in a research report on Wednesday, May 6th. Morgan Stanley set a $96.00 target price on shares of Qualys in a research note on Wednesday, May 6th. Truist Financial reduced their price target on shares of Qualys from $120.00 to $85.00 and set a “hold” rating for the company in a report on Friday, April 24th. Finally, William Blair downgraded shares of Qualys from an “outperform” rating to a “market perform” rating in a research note on Tuesday, April 28th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $125.86.

About Qualys

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.