Sumedh Thakar Sells 13,200 Shares of Qualys (NASDAQ:QLYS) Stock

Qualys, Inc. (NASDAQ:QLYS) CEO Sumedh Thakar sold 13,200 shares of the business’s stock in a transaction that occurred on Monday, June 1st. The stock was 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 in the company, valued at $28,669,420.78. The trade was a 5.02% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Qualys Trading Down 0.5%

Shares of NASDAQ:QLYS traded down $0.57 during mid-day trading on Tuesday, reaching $113.45. The company had a trading volume of 979,314 shares, compared to its average volume of 765,694. The firm has a market cap of $4.00 billion, a price-to-earnings ratio of 19.54 and a beta of 0.65. The company’s 50-day moving average price is $90.91 and its 200-day moving average price is $113.38. Qualys, Inc. has a one year low of $74.51 and a one year high of $155.47.

Qualys (NASDAQ:QLYS) last posted its quarterly earnings results on Tuesday, May 5th. The software maker reported $1.95 EPS for the quarter, topping analysts’ consensus estimates of $1.81 by $0.14. Qualys had a net margin of 29.41% and a return on equity of 37.15%. The company had revenue of $175.64 million for the quarter, compared to analysts’ expectations of $173.63 million. During the same quarter in the previous year, the firm posted $1.67 EPS. Qualys’s revenue 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, research analysts anticipate that Qualys, Inc. will post 5.47 EPS for the current fiscal year.

Institutional Investors Weigh In On Qualys

A number of institutional investors have recently made changes to their positions in QLYS. Strive Financial Group LLC purchased a new stake in Qualys in the fourth quarter worth approximately $27,000. Northwestern Mutual Wealth Management Co. boosted its holdings in Qualys by 204.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 213 shares of the software maker’s stock worth $28,000 after purchasing an additional 143 shares during the last quarter. Allworth Financial LP boosted its holdings in Qualys by 86.8% in the third quarter. Allworth Financial LP now owns 284 shares of the software maker’s stock worth $38,000 after purchasing an additional 132 shares during the last quarter. Root Financial Partners LLC boosted its holdings in Qualys by 206.2% in the first quarter. Root Financial Partners LLC now owns 297 shares of the software maker’s stock worth $26,000 after purchasing an additional 200 shares during the last quarter. Finally, Employees Retirement System of Texas purchased a new stake in Qualys in the fourth quarter worth approximately $43,000. Hedge funds and other institutional investors own 99.31% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently issued reports on QLYS. DA Davidson cut their target price on shares of Qualys from $135.00 to $125.00 and set a “neutral” rating for the company in a research report on Friday, February 6th. Scotiabank cut their price target on shares of Qualys from $135.00 to $100.00 and set a “sector perform” rating for the company in a research report on Wednesday, May 6th. JPMorgan Chase & Co. cut their price target on shares of Qualys from $113.00 to $87.00 and set an “underweight” rating for the company in a research report on Wednesday, May 6th. Weiss Ratings lowered shares of Qualys from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Wednesday, May 20th. Finally, TD Cowen restated a “hold” rating on shares of Qualys in a research report on Tuesday, April 14th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, eleven have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $122.14.

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.