Sumedh Thakar Sells 10,000 Shares of Qualys (NASDAQ:QLYS) Stock

Qualys, Inc. (NASDAQ:QLYS) CEO Sumedh Thakar sold 10,000 shares of the company’s stock in a transaction on Monday, June 29th. The shares were 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 in the company, valued at $28,732,450.50. This trade represents a 4.23% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Qualys Trading Up 4.3%

NASDAQ:QLYS opened at $143.44 on Thursday. Qualys, Inc. has a twelve month low of $74.51 and a twelve month high of $155.47. The company has a market cap of $5.05 billion, a price-to-earnings ratio of 25.75 and a beta of 0.61. The stock has a fifty day simple moving average of $103.66 and a 200-day simple moving average of $108.93.

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

Analyst Ratings Changes

Several analysts have recently weighed in on QLYS shares. Piper Sandler decreased their price target on shares of Qualys from $135.00 to $100.00 and set a “neutral” rating for the company in a research note on Wednesday, May 6th. TD Cowen reissued a “hold” rating on shares of Qualys in a research note on Tuesday, April 14th. Scotiabank reduced their price objective on Qualys from $135.00 to $100.00 and set a “sector perform” rating on the stock in a report on Wednesday, May 6th. 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. Finally, Royal Bank Of Canada upped their target price on Qualys from $85.00 to $90.00 and gave the stock a “sector perform” rating in a report on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $125.86.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in QLYS. Strive Financial Group LLC purchased a new stake in shares of Qualys during the 4th quarter worth $27,000. Northwestern Mutual Wealth Management Co. grew its stake in 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 purchasing an additional 143 shares during the last quarter. Allworth Financial LP raised its holdings in Qualys by 86.8% in the third quarter. Allworth Financial LP now owns 284 shares of the software maker’s stock worth $38,000 after purchasing an additional 132 shares in the last quarter. Root Financial Partners LLC raised its holdings in Qualys by 206.2% in the first quarter. Root Financial Partners LLC now owns 297 shares of the software maker’s stock worth $26,000 after purchasing an additional 200 shares in the last quarter. Finally, Employees Retirement System of Texas purchased a new stake in shares of Qualys during the fourth quarter valued at about $43,000. 99.31% of the stock is currently owned by hedge funds and other 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.