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 that occurred 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 directly owned 249,886 shares in the company, valued at $28,669,420.78. The trade was a 5.02% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Qualys Price Performance

NASDAQ:QLYS traded down $0.57 during trading hours on Tuesday, reaching $113.45. 979,314 shares of the company were exchanged, compared to its average volume of 765,694. The company has a market capitalization of $4.00 billion, a P/E ratio of 19.54 and a beta of 0.65. Qualys, Inc. has a 1-year low of $74.51 and a 1-year high of $155.47. The business has a 50 day moving average of $90.91 and a 200 day moving average of $113.38.

Qualys (NASDAQ:QLYS) last issued its 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. The firm had revenue of $175.64 million for the quarter, compared to the consensus estimate of $173.63 million. Qualys had a return on equity of 37.15% and a net margin of 29.41%.The company’s revenue was up 9.8% compared to the same quarter last year. During the same quarter last year, the business posted $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, equities research analysts anticipate that Qualys, Inc. will post 5.47 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Root Financial Partners LLC grew its stake in shares of Qualys by 206.2% in the 1st quarter. Root Financial Partners LLC now owns 297 shares of the software maker’s stock valued at $26,000 after buying an additional 200 shares during the period. Strive Financial Group LLC acquired a new position in Qualys during the 4th quarter valued at about $27,000. Northwestern Mutual Wealth Management Co. boosted its stake in Qualys by 204.3% during the 4th 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 boosted its stake in Qualys by 86.8% during the 3rd quarter. Allworth Financial LP now owns 284 shares of the software maker’s stock valued at $38,000 after purchasing an additional 132 shares during the last quarter. Finally, Employees Retirement System of Texas acquired a new position in Qualys during the 4th quarter valued at about $43,000. 99.31% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. Morgan Stanley set a $96.00 price objective on Qualys in a report on Wednesday, May 6th. Royal Bank Of Canada raised their price objective on Qualys from $85.00 to $90.00 and gave the company a “sector perform” rating in a report on Wednesday, May 6th. Wall Street Zen downgraded Qualys from a “buy” rating to a “hold” rating in a report on Saturday, May 2nd. Canaccord Genuity Group cut their price objective on Qualys from $150.00 to $125.00 and set a “buy” rating on the stock in a report on Wednesday, May 6th. Finally, Truist Financial cut their price objective 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 given a Buy rating, eleven have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, Qualys currently has a consensus rating of “Hold” and a consensus target price of $122.14.

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.