Qualys (NASDAQ:QLYS) CEO Sells $1,514,436.00 in Stock

Qualys, Inc. (NASDAQ:QLYS) CEO Sumedh Thakar sold 13,200 shares of the firm’s stock in a transaction on Monday, June 1st. The shares were sold at an average price of $114.73, for a total value of $1,514,436.00. Following the completion of the transaction, the chief executive officer owned 249,886 shares of the company’s stock, valued at approximately $28,669,420.78. This represents a 5.02% decrease in their position. The sale was disclosed in a 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 Stock Down 0.1%

Shares of QLYS stock opened at $111.53 on Friday. Qualys, Inc. has a fifty-two week low of $74.51 and a fifty-two week high of $155.47. The stock has a market cap of $3.93 billion, a P/E ratio of 20.02 and a beta of 0.66. The business has a fifty day simple moving average of $91.92 and a 200-day simple moving average of $112.67.

Qualys (NASDAQ:QLYS) last announced its quarterly earnings results on Tuesday, May 5th. The software maker reported $1.95 earnings per share for the quarter, beating analysts’ consensus estimates of $1.81 by $0.14. Qualys had a return on equity of 37.15% and a net margin of 29.41%.The business had revenue of $175.64 million during the quarter, compared to analysts’ expectations of $173.63 million. During the same quarter last year, the business posted $1.67 earnings per share. The business’s revenue for the quarter 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. On average, sell-side analysts anticipate that Qualys, Inc. will post 5.47 earnings per share for the current year.

Analysts Set New Price Targets

QLYS has been the subject of a number of research analyst reports. Scotiabank dropped their price target 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. Royal Bank Of Canada lifted their price objective on Qualys from $85.00 to $90.00 and gave the stock a “sector perform” rating in a research report on Wednesday, May 6th. Truist Financial dropped their price objective on Qualys from $120.00 to $85.00 and set a “hold” rating for the company in a research report on Friday, April 24th. Canaccord Genuity Group dropped their price objective on Qualys from $150.00 to $125.00 and set a “buy” rating for the company in a research report on Wednesday, May 6th. Finally, DA Davidson dropped their price objective on Qualys from $135.00 to $125.00 and set a “neutral” rating for the company in a research report on Friday, February 6th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, eleven have issued a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $122.14.

Institutional Trading of Qualys

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. grew its holdings in Qualys by 2.9% in the 3rd quarter. Vanguard Group Inc. now owns 4,401,798 shares of the software maker’s stock valued at $582,490,000 after buying an additional 123,962 shares during the period. First Trust Advisors LP lifted its stake in shares of Qualys by 24.1% in the 4th quarter. First Trust Advisors LP now owns 1,372,587 shares of the software maker’s stock valued at $182,417,000 after purchasing an additional 266,924 shares in the last quarter. Geode Capital Management LLC lifted its stake in shares of Qualys by 4.0% in the 4th quarter. Geode Capital Management LLC now owns 1,256,002 shares of the software maker’s stock valued at $168,380,000 after purchasing an additional 48,877 shares in the last quarter. Legal & General Group Plc lifted its stake in shares of Qualys by 7.0% in the 4th quarter. Legal & General Group Plc now owns 1,156,412 shares of the software maker’s stock valued at $153,687,000 after purchasing an additional 75,397 shares in the last quarter. Finally, AQR Capital Management LLC lifted its stake in shares of Qualys by 46.9% in the 2nd quarter. AQR Capital Management LLC now owns 1,012,100 shares of the software maker’s stock valued at $144,133,000 after purchasing an additional 323,324 shares in the last quarter. Hedge funds and other 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.