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

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

Qualys Stock Up 7.1%

Shares of NASDAQ QLYS traded up $9.17 during trading hours on Tuesday, hitting $137.49. 1,826,483 shares of the stock were exchanged, compared to its average volume of 761,978. The company has a market cap of $4.84 billion, a PE ratio of 24.68 and a beta of 0.65. The firm has a fifty day moving average price of $101.35 and a 200-day moving average price of $109.09. Qualys, Inc. has a 12 month low of $74.51 and a 12 month high of $155.47.

Qualys (NASDAQ:QLYSGet Free Report) last announced its earnings results on Tuesday, May 5th. The software maker reported $1.95 earnings per share for the quarter, beating the consensus estimate of $1.81 by $0.14. Qualys had a net margin of 29.41% and a return on equity of 37.15%. The company had revenue of $175.64 million during the quarter, compared to the consensus estimate of $173.63 million. During the same period last year, the firm earned $1.67 earnings per share. Qualys’s revenue was up 9.8% compared to the same quarter last year. 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, equities analysts anticipate that Qualys, Inc. will post 5.47 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Qualys

A number of large investors have recently made changes to their positions in the stock. Pacer Advisors Inc. raised its stake in Qualys by 1,338.8% in the 1st quarter. Pacer Advisors Inc. now owns 129,693 shares of the software maker’s stock worth $11,394,000 after acquiring an additional 120,679 shares during the last quarter. NewEdge Advisors LLC grew 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 during the last quarter. Segall Bryant & Hamill LLC purchased a new stake in Qualys during the 1st quarter valued at about $3,057,000. Verus Capital Partners LLC acquired a new position in shares of Qualys in the first quarter valued at about $264,000. Finally, Argent Capital Management LLC increased its holdings in shares of Qualys by 54.5% in the first quarter. Argent Capital Management LLC now owns 6,767 shares of the software maker’s stock valued at $594,000 after purchasing an additional 2,386 shares during the period. 99.31% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on QLYS shares. Royal Bank Of Canada boosted their target price on Qualys from $85.00 to $90.00 and gave the stock a “sector perform” rating in a research note on Wednesday, May 6th. Morgan Stanley set a $96.00 price target on Qualys in a report on Wednesday, May 6th. William Blair lowered Qualys from an “outperform” rating to a “market perform” rating in a research note on Tuesday, April 28th. Weiss Ratings downgraded shares of Qualys from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday, May 20th. Finally, Wedbush cut their price objective on shares of Qualys from $155.00 to $125.00 and set an “outperform” rating on the stock in a report on Thursday, May 7th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, twelve have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, Qualys currently has an average rating of “Hold” and an average target price of $125.86.

View Our Latest Analysis on QLYS

About Qualys

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for Qualys (NASDAQ:QLYS)

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