Joo Mi Kim Sells 1,031 Shares of Qualys (NASDAQ:QLYS) Stock

Qualys, Inc. (NASDAQ:QLYS) CFO Joo Mi Kim sold 1,031 shares of the firm’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $111.67, for a total value of $115,131.77. Following the completion of the sale, the chief financial officer owned 82,180 shares of the company’s stock, valued at approximately $9,177,040.60. This represents a 1.24% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Joo Mi Kim also recently made the following trade(s):

• On Tuesday, May 19th, Joo Mi Kim sold 1,627 shares of Qualys stock. The stock was sold at an average price of $100.17, for a total value of $162,976.59.

Qualys Stock Down 0.1%

Shares of QLYS opened at $111.53 on Friday. The company has a market cap of $3.93 billion, a PE ratio of 20.02 and a beta of 0.66. The business has a fifty day moving average of $91.92 and a 200 day moving average of $112.67. Qualys, Inc. has a 52-week low of $74.51 and a 52-week high of $155.47.

Qualys (NASDAQ:QLYS) last issued its quarterly 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 company had revenue of $175.64 million during the quarter, compared to the consensus estimate of $173.63 million. Qualys had a return on equity of 37.15% and a net margin of 29.41%.Qualys’s revenue was up 9.8% on a year-over-year basis. During the same period last year, the company 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 fiscal year.

Analyst Upgrades and Downgrades

QLYS has been the subject of several research analyst reports. JPMorgan Chase & Co. decreased their target price on Qualys from $113.00 to $87.00 and set an “underweight” rating for the company in a research report on Wednesday, May 6th. Wall Street Zen downgraded Qualys from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. Truist Financial decreased their target price on Qualys from $120.00 to $85.00 and set a “hold” rating for the company in a research report on Friday, April 24th. William Blair downgraded Qualys from an “outperform” rating to a “market perform” rating in a research report on Tuesday, April 28th. Finally, Morgan Stanley set a $96.00 target price on Qualys in a research report on Wednesday, May 6th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, eleven have issued a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $122.14.

Institutional Trading of Qualys

Institutional investors and hedge funds have recently made changes to their positions in the company. Root Financial Partners LLC raised its holdings in shares of Qualys by 206.2% in the first quarter. Root Financial Partners LLC now owns 297 shares of the software maker’s stock valued at $26,000 after acquiring an additional 200 shares in the last quarter. Strive Financial Group LLC bought a new stake in shares of Qualys in the fourth quarter valued at about $27,000. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Qualys by 204.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 213 shares of the software maker’s stock valued at $28,000 after acquiring an additional 143 shares in the last quarter. Allworth Financial LP raised its holdings in shares of 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 in the last quarter. Finally, Employees Retirement System of Texas bought a new stake in shares of Qualys in the fourth quarter valued at about $43,000. 99.31% of the stock is currently owned by institutional investors.

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.