Qualys (NASDAQ:QLYS) CEO Sells 3,200 Shares of Stock

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 stock was sold at an average price of $190.36, for a total transaction of $609,152.00. Following the transaction, the chief executive officer owned 177,138 shares of the company’s stock, 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 Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Qualys Stock Up 1.6%

NASDAQ QLYS traded up $3.02 on Thursday, hitting $192.65. The company’s stock had a trading volume of 524,984 shares, compared to its average volume of 750,806. The company’s 50-day moving average is $182.68 and its 200 day moving average is $137.55. The firm has a market cap of $6.67 billion, a PE ratio of 33.33 and a beta of 0.60. Qualys, Inc. has a 1-year low of $74.51 and a 1-year high of $206.25.

Qualys (NASDAQ:QLYS) last issued its quarterly earnings results on Tuesday, August 4th. The software maker reported $1.98 EPS for the quarter, beating analysts’ consensus estimates of $1.78 by $0.20. The business had revenue of $182.18 million for the quarter, compared to analysts’ expectations of $178.57 million. Qualys had a net margin of 29.38% and a return on equity of 37.52%. The business’s quarterly revenue was up 11.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.68 earnings per share. Qualys has set its FY 2026 guidance at 7.740-7.880 EPS and its Q3 2026 guidance at 1.910-1.980 EPS. On average, equities analysts expect that Qualys, Inc. will post 5.84 EPS for the current year.

Institutional Trading of Qualys

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. ZWJ Investment Counsel Inc. grew its holdings in shares of Qualys by 4.9% in the third quarter. ZWJ Investment Counsel Inc. now owns 2,114 shares of the software maker’s stock worth $396,000 after purchasing an additional 98 shares during the last quarter. ANB Bank acquired a new position in Qualys during the 3rd quarter valued at about $333,000. GAMMA Investing LLC raised its holdings in shares of Qualys by 32.2% in the third quarter. GAMMA Investing LLC now owns 2,086 shares of the software maker’s stock worth $390,000 after buying an additional 508 shares during the last quarter. Farther Finance Advisors LLC lifted its holdings in shares of Qualys by 25.8% during the third quarter. Farther Finance Advisors LLC now owns 527 shares of the software maker’s stock worth $99,000 after purchasing an additional 108 shares during the period. Finally, Sequoia Financial Advisors LLC lifted its position in Qualys by 170.8% during the second quarter. Sequoia Financial Advisors LLC now owns 7,527 shares of the software maker’s stock valued at $1,035,000 after purchasing an additional 4,747 shares during the period. Hedge funds and other institutional investors own 99.31% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the stock. Scotiabank lifted their price objective on shares of Qualys from $190.00 to $220.00 and gave the company an “outperform” rating in a research note on Wednesday, August 5th. JPMorgan Chase & Co. boosted their target price on Qualys from $139.00 to $150.00 and gave the company a “neutral” rating in a research note on Monday, July 27th. Jefferies Financial Group lifted their price objective on Qualys from $150.00 to $185.00 and gave the stock a “hold” rating in a research report on Wednesday, August 5th. Wall Street Zen cut Qualys from a “buy” rating to a “hold” rating in a research note on Saturday, September 12th. Finally, Royal Bank Of Canada upped their price target on shares of Qualys from $145.00 to $180.00 and gave the stock a “sector perform” rating in a research note on Wednesday, August 5th. Two equities research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Qualys has a consensus rating of “Hold” and a consensus target price of $180.53.

About Qualys

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.