Qualys (NASDAQ:QLYS) Stock: Insider Sumedh Thakar Sells 3,200 Shares

Qualys, Inc. (NASDAQ:QLYS) CEO Sumedh Thakar sold 3,200 shares of the company’s stock in a transaction that occurred on Wednesday, October 14th. The shares were sold at an average price of $190.36, for a total value of $609,152.00. Following the sale, the chief executive officer directly owned 177,138 shares in the company, valued at approximately $33,719,989.68. This represents a 1.77% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Qualys Price Performance

Shares of QLYS opened at $181.05 on Friday. The business’s fifty day moving average price is $182.85 and its 200 day moving average price is $138.60. Qualys, Inc. has a 12-month low of $74.51 and a 12-month high of $206.25. The stock has a market capitalization of $6.26 billion, a PE ratio of 31.32 and a beta of 0.60.

Qualys (NASDAQ:QLYS) last released its quarterly earnings data on Tuesday, August 4th. The software maker reported $1.98 EPS for the quarter, topping analysts’ consensus estimates of $1.78 by $0.20. Qualys had a net margin of 29.38% and a return on equity of 37.52%. The firm had revenue of $182.18 million during the quarter, compared to the consensus estimate of $178.57 million. During the same quarter in the previous year, the company posted $1.68 earnings per share. The firm’s revenue was up 11.1% on a year-over-year basis. Qualys has set its FY 2026 guidance at 7.740-7.880 EPS and its Q3 2026 guidance at 1.910-1.980 EPS. As a group, research analysts anticipate that Qualys, Inc. will post 5.84 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have recently commented on QLYS shares. JPMorgan Chase & Co. lifted their price target on shares of Qualys from $139.00 to $150.00 and gave the company a “neutral” rating in a report on Monday, July 27th. Morgan Stanley set a $200.00 price objective on shares of Qualys in a research note on Tuesday. Weiss Ratings raised shares of Qualys from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, October 8th. Wall Street Zen upgraded Qualys from a “hold” rating to a “buy” rating in a research note on Saturday. Finally, Jefferies Financial Group lifted their target price on Qualys from $150.00 to $185.00 and gave the company a “hold” rating in a research note on Wednesday, August 5th. Two analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $180.53.

Hedge Funds Weigh In On Qualys

Hedge funds and other institutional investors have recently modified their holdings of the company. ZWJ Investment Counsel Inc. increased its holdings in shares of Qualys by 4.9% in the 3rd quarter. ZWJ Investment Counsel Inc. now owns 2,114 shares of the software maker’s stock worth $396,000 after acquiring an additional 98 shares during the period. Farther Finance Advisors LLC lifted its position in Qualys by 25.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 527 shares of the software maker’s stock valued at $99,000 after purchasing an additional 108 shares during the last quarter. NorthRock Partners LLC lifted its position in Qualys by 0.8% in the 2nd quarter. NorthRock Partners LLC now owns 13,501 shares of the software maker’s stock valued at $1,856,000 after purchasing an additional 112 shares during the last quarter. MassMutual Private Wealth & Trust FSB boosted its stake in Qualys by 40.5% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 472 shares of the software maker’s stock valued at $65,000 after purchasing an additional 136 shares during the period. Finally, Oregon Public Employees Retirement Fund boosted its stake in Qualys by 2.2% during the 1st quarter. Oregon Public Employees Retirement Fund now owns 7,296 shares of the software maker’s stock valued at $641,000 after purchasing an additional 156 shares during the period. Institutional investors and hedge funds own 99.31% of the company’s stock.

Qualys Company Profile

Qualys, Inc provides cloud-based information technology, security and compliance solutions for organizations worldwide. Its platform is designed to help businesses identify, assess and manage security vulnerabilities across their networks, endpoints, cloud environments and web applications.

The company’s offerings include vulnerability management, asset inventory, security and compliance assessment, web application security, endpoint detection and response, and cloud security capabilities.