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

Qualys, Inc. (NASDAQ:QLYS) CEO Sumedh Thakar sold 10,000 shares of the firm’s stock in a transaction that occurred on Friday, June 26th. The shares were sold at an average price of $120.48, for a total transaction of $1,204,800.00. Following the transaction, the chief executive officer directly owned 236,686 shares in the company, valued at approximately $28,515,929.28. The trade was a 4.05% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Qualys Stock Up 4.1%

NASDAQ QLYS opened at $128.32 on Tuesday. The stock has a market capitalization of $4.52 billion, a PE ratio of 23.04 and a beta of 0.65. Qualys, Inc. has a 12-month low of $74.51 and a 12-month high of $155.47. The company has a 50 day moving average price of $101.35 and a two-hundred day moving average price of $109.09.

Qualys (NASDAQ:QLYS) last announced its quarterly 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. Qualys had a net margin of 29.41% and a return on equity of 37.15%. The company had revenue of $175.64 million for the quarter, compared to analyst estimates of $173.63 million. During the same quarter in the prior year, the business posted $1.67 EPS. Qualys’s quarterly revenue was up 9.8% on a year-over-year basis. 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 EPS for the current year.

Analysts Set New Price Targets

Several research firms have recently issued reports on QLYS. Wedbush decreased their price target on Qualys from $155.00 to $125.00 and set an “outperform” rating for the company in a research note on Thursday, May 7th. Piper Sandler cut their price objective on Qualys from $135.00 to $100.00 and set a “neutral” rating on the stock in a research note on Wednesday, May 6th. JPMorgan Chase & Co. reduced their target price on Qualys from $113.00 to $87.00 and set an “underweight” rating for the company in a report on Wednesday, May 6th. Scotiabank decreased their target price on Qualys from $135.00 to $100.00 and set a “sector perform” rating for the company in a research report on Wednesday, May 6th. Finally, Truist Financial lowered their price target on Qualys from $120.00 to $85.00 and set a “hold” rating on the stock in a report on Friday, April 24th. One equities research 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. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $122.14.

Institutional Investors Weigh In On Qualys

A number of hedge funds have recently bought and sold shares of the company. Root Financial Partners LLC increased its stake 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 worth $26,000 after purchasing an additional 200 shares during the period. Strive Financial Group LLC bought a new stake in Qualys during the 4th quarter valued at approximately $27,000. Northwestern Mutual Wealth Management Co. grew its holdings in Qualys by 204.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 213 shares of the software maker’s stock valued at $28,000 after buying an additional 143 shares during the last quarter. Allworth Financial LP grew its holdings in Qualys by 86.8% in the 3rd quarter. Allworth Financial LP now owns 284 shares of the software maker’s stock valued at $38,000 after buying an additional 132 shares during the last quarter. Finally, Employees Retirement System of Texas bought a new position in Qualys in the 4th quarter worth approximately $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.