Qualys (NASDAQ:QLYS) CEO Sumedh Thakar Sells 5,000 Shares

Qualys, Inc. (NASDAQ:QLYS) CEO Sumedh Thakar sold 5,000 shares of the business’s stock in a transaction on Wednesday, January 14th. The shares were sold at an average price of $133.76, for a total transaction of $668,800.00. Following the transaction, the chief executive officer directly owned 247,800 shares of the company’s stock, valued at approximately $33,145,728. This trade represents a 1.98% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

Qualys Trading Up 0.7%

NASDAQ:QLYS traded up $0.95 during mid-day trading on Friday, hitting $134.74. The stock had a trading volume of 431,853 shares, compared to its average volume of 369,388. The stock has a market capitalization of $4.83 billion, a price-to-earnings ratio of 26.11 and a beta of 0.50. The company has a 50 day simple moving average of $141.29 and a 200-day simple moving average of $136.49. Qualys, Inc. has a 52 week low of $112.61 and a 52 week high of $155.47.

Qualys (NASDAQ:QLYS) last posted its earnings results on Tuesday, November 4th. The software maker reported $1.86 EPS for the quarter, topping the consensus estimate of $1.56 by $0.30. The firm had revenue of $169.88 million during the quarter, compared to analysts’ expectations of $166.30 million. Qualys had a net margin of 28.96% and a return on equity of 37.40%. Qualys’s quarterly revenue was up 10.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.56 EPS. Qualys has set its FY 2025 guidance at 6.930-7.000 EPS and its Q4 2025 guidance at 1.730-1.800 EPS. As a group, equities research analysts anticipate that Qualys, Inc. will post 3.85 earnings per share for the current year.

Institutional Trading of Qualys

A number of hedge funds and other institutional investors have recently made changes to their positions in QLYS. Bank of New York Mellon Corp grew its holdings in shares of Qualys by 2.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 382,100 shares of the software maker’s stock worth $54,591,000 after acquiring an additional 10,359 shares during the last quarter. Acadian Asset Management LLC boosted its position in shares of Qualys by 100.6% in the 2nd quarter. Acadian Asset Management LLC now owns 136,835 shares of the software maker’s stock valued at $19,535,000 after purchasing an additional 68,632 shares during the period. Penserra Capital Management LLC increased its stake in Qualys by 9.3% in the 2nd quarter. Penserra Capital Management LLC now owns 545,380 shares of the software maker’s stock worth $77,918,000 after purchasing an additional 46,296 shares in the last quarter. Willis Investment Counsel increased its stake in Qualys by 68.8% in the 2nd quarter. Willis Investment Counsel now owns 23,611 shares of the software maker’s stock worth $3,373,000 after purchasing an additional 9,626 shares in the last quarter. Finally, denkapparat Operations GmbH acquired a new stake in Qualys during the 2nd quarter worth about $300,000. 99.31% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on QLYS. Northland Capmk raised Qualys from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, November 5th. Truist Financial reiterated a “hold” rating and issued a $130.00 target price (down previously from $145.00) on shares of Qualys in a research report on Wednesday, November 5th. Robert W. Baird set a $150.00 price target on shares of Qualys in a research report on Wednesday, November 5th. Scotiabank reduced their price target on shares of Qualys from $150.00 to $139.00 and set a “sector perform” rating for the company in a research note on Wednesday, November 5th. Finally, Northland Securities set a $162.00 price objective on shares of Qualys in a research note on Wednesday, November 5th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, twelve have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $143.57.

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.