Key Points
- Qualys CEO Sumedh Thakar sold 8,500 shares on Dec. 15 at an average price of $147.12 for total proceeds of $1,250,520, reducing his stake by 3.25% to 252,800 shares (about $37.19M); the sale was disclosed in an SEC Form 4.
- Qualys beat quarterly estimates with Q EPS of $1.86 vs. $1.56 expected and revenue of $169.9M, set FY2025 guidance of $6.93–7.00 (Q4: $1.73–1.80), and currently has a consensus analyst rating of "Hold" with a $142.14 target while trading near $143.57 (market cap ~$5.15B).
Qualys, Inc. (NASDAQ:QLYS - Get Free Report) CEO Sumedh Thakar sold 8,500 shares of Qualys stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $147.12, for a total transaction of $1,250,520.00. Following the completion of the sale, the chief executive officer directly owned 252,800 shares in the company, valued at approximately $37,191,936. The trade was a 3.25% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
Qualys Stock Down 0.9%
NASDAQ QLYS opened at $143.57 on Wednesday. The stock has a market capitalization of $5.15 billion, a P/E ratio of 27.82 and a beta of 0.55. Qualys, Inc. has a 52-week low of $112.61 and a 52-week high of $155.47. The firm has a 50-day moving average price of $138.12 and a 200 day moving average price of $137.08.
Qualys (NASDAQ:QLYS - Get Free Report) last announced its quarterly earnings data on Tuesday, November 4th. The software maker reported $1.86 earnings per share for the quarter, beating analysts' consensus estimates of $1.56 by $0.30. The company had revenue of $169.88 million for the quarter, compared to analyst estimates of $166.30 million. Qualys had a return on equity of 37.40% and a net margin of 28.96%.The firm's revenue for the quarter was up 10.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.56 EPS. Qualys has set its FY 2025 guidance at 6.930-7.000 EPS and its Q4 2025 guidance at 1.730-1.800 EPS. On average, equities research analysts expect that Qualys, Inc. will post 3.85 earnings per share for the current fiscal year.
Analysts Set New Price Targets
Several research analysts have issued reports on QLYS shares. Berenberg Bank assumed coverage on Qualys in a research report on Tuesday, November 18th. They issued a "hold" rating and a $165.00 price objective for the company. Robert W. Baird set a $150.00 price target on shares of Qualys in a report on Wednesday, November 5th. Wall Street Zen upgraded shares of Qualys from a "hold" rating to a "buy" rating in a research note on Saturday, November 8th. Truist Financial restated a "hold" rating and set a $130.00 target price (down from $145.00) on shares of Qualys in a research report on Wednesday, November 5th. Finally, Northland Securities set a $162.00 price target on shares of Qualys in a research report on Wednesday, November 5th. Two analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $142.14.
View Our Latest Analysis on Qualys
Hedge Funds Weigh In On Qualys
Hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. lifted its holdings in shares of Qualys by 2.9% in the third quarter. Vanguard Group Inc. now owns 4,401,798 shares of the software maker's stock valued at $582,490,000 after purchasing an additional 123,962 shares in the last quarter. Boston Trust Walden Corp increased its stake in shares of Qualys by 0.7% during the 3rd quarter. Boston Trust Walden Corp now owns 1,146,289 shares of the software maker's stock worth $151,688,000 after purchasing an additional 8,425 shares in the last quarter. First Trust Advisors LP raised its position in shares of Qualys by 4.1% during the 2nd quarter. First Trust Advisors LP now owns 1,115,717 shares of the software maker's stock worth $159,402,000 after purchasing an additional 44,000 shares during the last quarter. Legal & General Group Plc lifted its stake in Qualys by 2.8% in the 3rd quarter. Legal & General Group Plc now owns 1,081,015 shares of the software maker's stock valued at $143,051,000 after buying an additional 29,342 shares in the last quarter. Finally, AQR Capital Management LLC grew its holdings in Qualys by 46.9% during 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 buying an additional 323,324 shares during the last quarter. 99.31% of the stock is currently owned by hedge funds and other institutional investors.
Qualys Company Profile
(
Get Free Report)
Qualys, Inc, together with its subsidiaries, provides cloud-based platform delivering information technology (IT), security, and compliance solutions in the United States and internationally. It offers Qualys Cloud Apps, which include Cybersecurity Asset Management and External Attack Surface Management; Vulnerability Management, Detection and Response; Web Application Scanning; Patch Management; Custom Assessment and Remediation; Multi-Vector Endpoint Detection and Response; Context Extended Detection and Response; Policy Compliance; File Integrity Monitoring; and Qualys TotalCloud, as well as Cloud Workload Protection, Cloud Detection and Response, Cloud Security Posture Management, Infrastructure as Code, and Container Security.
Further Reading
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
