Bruce Posey Sells 865 Shares of Qualys (NASDAQ:QLYS) Stock

Key Points

  • Qualys CFO Joo Mi Kim sold 1,627 shares on May 19 at an average price of $100.17, totaling about $163,000. The sale was made under a pre-arranged Rule 10b5-1 trading plan, and Kim still holds 83,211 shares.
  • Qualys reported stronger-than-expected quarterly results, with EPS of $1.95 versus the $1.81 estimate and revenue of $175.64 million, up 9.8% year over year. The company also issued FY2026 and Q2 2026 guidance.
  • Analyst sentiment remains cautious, with several recent downgrades and a consensus rating of Hold. MarketBeat lists an average price target of $122.14 for the stock.

Qualys, Inc. (NASDAQ:QLYS - Get Free Report) insider Bruce Posey sold 865 shares of the stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $100.43, for a total transaction of $86,871.95. Following the completion of the sale, the insider directly owned 65,436 shares in the company, valued at approximately $6,571,737.48. This represents a 1.30% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Qualys Trading Up 0.3%

Shares of NASDAQ:QLYS opened at $100.85 on Friday. Qualys, Inc. has a 52 week low of $74.51 and a 52 week high of $155.47. The company's 50 day moving average is $89.87 and its two-hundred day moving average is $115.25. The company has a market cap of $3.55 billion, a PE ratio of 18.11 and a beta of 0.58.

Qualys (NASDAQ:QLYS - Get Free Report) last announced its quarterly earnings data 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 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 the consensus estimate of $173.63 million. During the same period in the prior year, the firm posted $1.67 EPS. The company's quarterly revenue was up 9.8% compared to the same quarter last year. Qualys has set its FY 2026 guidance at 7.440-7.650 EPS and its Q2 2026 guidance at 1.730-1.800 EPS. As a group, equities research analysts expect that Qualys, Inc. will post 5.47 EPS for the current year.

Institutional Trading of Qualys




Several hedge funds have recently made changes to their positions in QLYS. NewEdge Advisors LLC lifted its stake in shares of Qualys by 3,948.0% in the 1st quarter. NewEdge Advisors LLC now owns 2,024 shares of the software maker's stock worth $255,000 after acquiring an additional 1,974 shares during the period. Sivia Capital Partners LLC acquired a new stake in shares of Qualys in the 2nd quarter worth $292,000. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Qualys by 3,218.8% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 531 shares of the software maker's stock valued at $76,000 after purchasing an additional 515 shares during the period. EverSource Wealth Advisors LLC lifted its stake in shares of Qualys by 482.0% in the second quarter. EverSource Wealth Advisors LLC now owns 646 shares of the software maker's stock valued at $92,000 after purchasing an additional 535 shares during the period. Finally, Amundi lifted its stake in shares of Qualys by 47.1% in the second quarter. Amundi now owns 21,365 shares of the software maker's stock valued at $3,076,000 after purchasing an additional 6,844 shares during the period. Institutional investors and hedge funds own 99.31% of the company's stock.

Analyst Ratings Changes

Several brokerages have recently issued reports on QLYS. William Blair cut shares of Qualys from an "outperform" rating to a "market perform" rating in a report on Tuesday, April 28th. JPMorgan Chase & Co. decreased their price target on shares of Qualys from $113.00 to $87.00 and set an "underweight" rating for the company in a research note on Wednesday, May 6th. Canaccord Genuity Group decreased their price target on shares of Qualys from $150.00 to $125.00 and set a "buy" rating for the company in a research note on Wednesday, May 6th. Piper Sandler decreased their price target on shares of Qualys from $135.00 to $100.00 and set a "neutral" rating for the company in a research note on Wednesday, May 6th. Finally, Royal Bank Of Canada increased their price target on shares of Qualys from $85.00 to $90.00 and gave the stock a "sector perform" rating in a research note on Wednesday, May 6th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, eleven have assigned a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $122.14.

Read Our Latest Stock Analysis on QLYS

Qualys Company Profile

(Get Free Report)

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.

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