Qualys (NASDAQ:QLYS) CFO Joo Mi Kim Sells 1,627 Shares

Qualys, Inc. (NASDAQ:QLYSGet Free Report) CFO Joo Mi Kim sold 1,627 shares of the company’s stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $100.17, for a total value of $162,976.59. Following the completion of the transaction, the chief financial officer owned 83,211 shares of the company’s stock, valued at approximately $8,335,245.87. This represents a 1.92% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Qualys Price Performance

NASDAQ QLYS traded up $0.30 on Thursday, reaching $100.85. The company had a trading volume of 665,822 shares, compared to its average volume of 759,484. The firm has a market capitalization of $3.55 billion, a PE ratio of 18.11 and a beta of 0.58. Qualys, Inc. has a 1 year low of $74.51 and a 1 year high of $155.47. The firm has a 50-day moving average of $89.76 and a 200-day moving average of $115.41.

Qualys (NASDAQ:QLYSGet Free Report) last released its quarterly earnings results on Tuesday, May 5th. The software maker reported $1.95 earnings per share for the quarter, topping analysts’ consensus estimates of $1.81 by $0.14. The firm had revenue of $175.64 million during the quarter, compared to analysts’ expectations of $173.63 million. Qualys had a return on equity of 37.15% and a net margin of 29.41%.Qualys’s quarterly revenue was up 9.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $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, sell-side analysts expect that Qualys, Inc. will post 5.47 EPS for the current fiscal year.

Hedge Funds Weigh In On Qualys

Several large investors have recently added to or reduced their stakes in the company. Park State Asset Management lifted its stake in Qualys by 18.8% during the first quarter. Park State Asset Management now owns 58,123 shares of the software maker’s stock worth $5,106,000 after purchasing an additional 9,212 shares during the last quarter. Janus Henderson Group PLC increased its position in Qualys by 2.8% in the first quarter. Janus Henderson Group PLC now owns 126,189 shares of the software maker’s stock worth $11,085,000 after buying an additional 3,474 shares during the period. Smith Group Asset Management LLC increased its position in Qualys by 68.3% in the first quarter. Smith Group Asset Management LLC now owns 4,819 shares of the software maker’s stock worth $423,000 after buying an additional 1,955 shares during the period. Amundi increased its position in Qualys by 33.7% in the first quarter. Amundi now owns 18,398 shares of the software maker’s stock worth $1,616,000 after buying an additional 4,634 shares during the period. Finally, EverSource Wealth Advisors LLC increased its position in Qualys by 14.9% in the first quarter. EverSource Wealth Advisors LLC now owns 1,415 shares of the software maker’s stock worth $124,000 after buying an additional 184 shares during the period. 99.31% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

QLYS has been the subject of several research analyst reports. DA Davidson reduced their target price on Qualys from $135.00 to $125.00 and set a “neutral” rating for the company in a research note on Friday, February 6th. William Blair cut Qualys from an “outperform” rating to a “market perform” rating in a research note on Tuesday, April 28th. Piper Sandler reduced their target price on Qualys from $135.00 to $100.00 and set a “neutral” rating for the company in a research note on Wednesday, May 6th. Canaccord Genuity Group reduced their target price on Qualys from $150.00 to $125.00 and set a “buy” rating for the company in a research note on Wednesday, May 6th. Finally, Morgan Stanley set a $96.00 target price on Qualys in a research note on Wednesday, May 6th. One 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 assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Qualys has an average rating of “Hold” and a consensus target price of $122.14.

Check Out Our Latest Analysis on Qualys

About Qualys

(Get Free Report)

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.

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