Sumedh Thakar Sells 13,200 Shares of Qualys (NASDAQ:QLYS) Stock

Qualys, Inc. (NASDAQ:QLYS) CEO Sumedh Thakar sold 13,200 shares of the company’s stock in a transaction on Monday, June 1st. The shares were sold at an average price of $114.73, for a total transaction of $1,514,436.00. Following the completion of the sale, the chief executive officer directly owned 249,886 shares in the company, valued at $28,669,420.78. This trade represents a 5.02% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Qualys Price Performance

QLYS stock opened at $111.61 on Thursday. The firm’s fifty day simple moving average is $91.54 and its 200-day simple moving average is $112.89. The company has a market capitalization of $3.93 billion, a P/E ratio of 20.04 and a beta of 0.66. Qualys, Inc. has a 12 month low of $74.51 and a 12 month high of $155.47.

Qualys (NASDAQ:QLYS) last released its quarterly earnings data on Tuesday, May 5th. The software maker reported $1.95 EPS for the quarter, beating the consensus estimate of $1.81 by $0.14. The business had revenue of $175.64 million for the quarter, compared to the consensus estimate 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 firm earned $1.67 EPS. 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, sell-side analysts forecast that Qualys, Inc. will post 5.47 earnings per share for the current year.

Analyst Ratings Changes

Several analysts have recently commented on the stock. Canaccord Genuity Group dropped their price objective on shares of Qualys from $150.00 to $125.00 and set a “buy” rating on the stock in a report on Wednesday, May 6th. Scotiabank decreased their target price on shares of Qualys from $135.00 to $100.00 and set a “sector perform” rating for the company in a research note on Wednesday, May 6th. Piper Sandler decreased their target price 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. JPMorgan Chase & Co. decreased their target price on shares of Qualys from $113.00 to $87.00 and set an “underweight” rating for the company in a research note on Wednesday, May 6th. Finally, TD Cowen reiterated a “hold” rating on shares of Qualys in a research note on Tuesday, April 14th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, eleven have issued a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $122.14.

Hedge Funds Weigh In On Qualys

Several large investors have recently made changes to their positions in QLYS. Vanguard Group Inc. raised its position in Qualys by 2.9% during the third quarter. Vanguard Group Inc. now owns 4,401,798 shares of the software maker’s stock worth $582,490,000 after acquiring an additional 123,962 shares during the period. First Trust Advisors LP raised its position in Qualys by 24.1% during the fourth quarter. First Trust Advisors LP now owns 1,372,587 shares of the software maker’s stock worth $182,417,000 after acquiring an additional 266,924 shares during the period. Geode Capital Management LLC raised its position in Qualys by 4.0% during the fourth quarter. Geode Capital Management LLC now owns 1,256,002 shares of the software maker’s stock worth $168,380,000 after acquiring an additional 48,877 shares during the period. Legal & General Group Plc raised its position in Qualys by 7.0% during the fourth quarter. Legal & General Group Plc now owns 1,156,412 shares of the software maker’s stock worth $153,687,000 after acquiring an additional 75,397 shares during the period. Finally, AQR Capital Management LLC raised its position in Qualys by 46.9% during the second quarter. AQR Capital Management LLC now owns 1,012,100 shares of the software maker’s stock worth $144,133,000 after acquiring an additional 323,324 shares during the period. 99.31% of the stock is currently owned by institutional investors and hedge funds.

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.