Sumedh Thakar Sells 30,000 Shares of Qualys (NASDAQ:QLYS) Stock

Qualys, Inc. (NASDAQ:QLYS) CEO Sumedh Thakar sold 30,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 30th. The stock was sold at an average price of $135.00, for a total transaction of $4,050,000.00. Following the completion of the transaction, the chief executive officer owned 196,686 shares in the company, valued at approximately $26,552,610. This trade represents a 13.23% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Qualys Stock Performance

QLYS stock opened at $148.12 on Friday. The company has a market capitalization of $5.22 billion, a PE ratio of 26.59 and a beta of 0.61. Qualys, Inc. has a one year low of $74.51 and a one year high of $155.47. The company’s 50 day moving average price is $104.90 and its two-hundred day moving average price is $108.90.

Qualys (NASDAQ:QLYS) last released its quarterly earnings data on Tuesday, May 5th. The software maker reported $1.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.81 by $0.14. Qualys had a net margin of 29.41% and a return on equity of 37.15%. The firm had revenue of $175.64 million for the quarter, compared to analysts’ expectations of $173.63 million. During the same quarter in the previous year, the company earned $1.67 earnings per share. The company’s revenue for the quarter 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. On average, research analysts predict that Qualys, Inc. will post 5.47 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. Royal Bank Of Canada lifted their price target on Qualys from $85.00 to $90.00 and gave the stock a “sector perform” rating in a research report on Wednesday, May 6th. TD Cowen reissued a “hold” rating on shares of Qualys in a research report on Tuesday, April 14th. JPMorgan Chase & Co. upgraded shares of Qualys from an “underweight” rating to a “neutral” rating and raised their price objective for the company from $87.00 to $139.00 in a research note on Tuesday. Morgan Stanley set a $96.00 target price on shares of Qualys in a report on Wednesday, May 6th. Finally, Canaccord Genuity Group dropped their target price on shares of Qualys from $150.00 to $125.00 and set a “buy” rating on the stock in a research note on Wednesday, May 6th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, Qualys presently has an average rating of “Hold” and a consensus target price of $125.86.

Institutional Investors Weigh In On Qualys

Hedge funds have recently modified their holdings of the business. Envestnet Portfolio Solutions Inc. raised its holdings in shares of Qualys by 4.3% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 1,985 shares of the software maker’s stock worth $264,000 after purchasing an additional 81 shares during the period. Quadrant Capital Group LLC boosted its holdings in shares of Qualys by 1.8% in the 3rd quarter. Quadrant Capital Group LLC now owns 5,027 shares of the software maker’s stock valued at $665,000 after buying an additional 88 shares during the period. Captrust Financial Advisors boosted its holdings in shares of Qualys by 4.6% in the 2nd quarter. Captrust Financial Advisors now owns 2,038 shares of the software maker’s stock valued at $291,000 after buying an additional 90 shares during the period. Covestor Ltd grew its position in shares of Qualys by 9.1% during the 4th quarter. Covestor Ltd now owns 1,178 shares of the software maker’s stock valued at $156,000 after buying an additional 98 shares during the last quarter. Finally, EverSource Wealth Advisors LLC raised its stake in Qualys by 8.9% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,231 shares of the software maker’s stock worth $164,000 after acquiring an additional 101 shares during the period. Institutional investors own 99.31% of the company’s stock.

Qualys Company Profile

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.