Qualys (NASDAQ:QLYS) CEO Sumedh Thakar Sells 10,000 Shares of Stock

Qualys, Inc. (NASDAQ:QLYS) CEO Sumedh Thakar sold 10,000 shares of Qualys stock in a transaction on Friday, June 26th. The shares were sold at an average price of $120.48, for a total transaction of $1,204,800.00. Following the completion of the transaction, the chief executive officer directly owned 236,686 shares of the company’s stock, valued at $28,515,929.28. The trade was a 4.05% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Qualys Stock Up 4.1%

Shares of QLYS stock traded up $5.05 during mid-day trading on Monday, hitting $128.32. 781,121 shares of the stock were exchanged, compared to its average volume of 753,255. The firm has a fifty day moving average of $100.46 and a 200 day moving average of $109.24. Qualys, Inc. has a 52-week low of $74.51 and a 52-week high of $155.47. The company has a market cap of $4.52 billion, a PE ratio of 23.04 and a beta of 0.65.

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

Hedge Funds Weigh In On Qualys

A number of hedge funds have recently made changes to their positions in QLYS. Fuller & Thaler Asset Management Inc. purchased a new position in shares of Qualys in the fourth quarter valued at approximately $78,591,000. Arrowstreet Capital Limited Partnership increased its position in shares of Qualys by 127.0% during the first quarter. Arrowstreet Capital Limited Partnership now owns 832,796 shares of the software maker’s stock worth $73,161,000 after purchasing an additional 465,952 shares in the last quarter. Alyeska Investment Group L.P. acquired a new position in Qualys in the 3rd quarter valued at $45,854,000. AQR Capital Management LLC raised its stake in Qualys by 46.9% in the 2nd quarter. AQR Capital Management LLC now owns 1,012,100 shares of the software maker’s stock valued at $144,133,000 after purchasing an additional 323,324 shares during the last quarter. Finally, Clark Capital Management Group Inc. lifted its holdings in Qualys by 402.2% in the 4th quarter. Clark Capital Management Group Inc. now owns 363,593 shares of the software maker’s stock valued at $48,322,000 after purchasing an additional 291,192 shares in the last quarter. Institutional investors and hedge funds own 99.31% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on QLYS. Piper Sandler cut their price objective on Qualys from $135.00 to $100.00 and set a “neutral” rating for the company in a research report on Wednesday, May 6th. Royal Bank Of Canada increased their target price on Qualys from $85.00 to $90.00 and gave the company a “sector perform” rating 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 report on Wednesday, May 20th. Morgan Stanley set a $96.00 price target on shares of Qualys in a report on Wednesday, May 6th. Finally, JPMorgan Chase & Co. decreased their price objective on shares of Qualys from $113.00 to $87.00 and set an “underweight” rating on the stock in a report on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, eleven have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average 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.