Insider Selling: Qualys (NASDAQ:QLYS) CEO Sells 13,200 Shares of Stock

Key Points

  • Qualys CEO Sumedh Thakar sold 13,200 shares on June 1 at an average price of $114.73, totaling about $1.51 million. The sale was made under a pre-arranged Rule 10b5-1 trading plan, and his ownership fell by 5.02%.
  • Qualys reported stronger-than-expected quarterly results, with EPS of $1.95 versus the $1.81 consensus estimate and revenue of $175.64 million, up 9.8% year over year. The company also issued FY2026 and Q2 2026 guidance above prior expectations.
  • Analyst sentiment remains mixed, with a consensus rating of “Hold” and an average target price of $122.14. Recent actions included target cuts and a downgrade from Weiss Ratings, even as some firms maintained buy or sector-perform views.

Qualys, Inc. (NASDAQ:QLYS - Get Free Report) CEO Sumedh Thakar sold 13,200 shares of Qualys stock in a transaction on Monday, June 1st. The shares were 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. This represents a 5.02% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Qualys Trading Down 0.5%

Shares of NASDAQ:QLYS opened at $113.42 on Wednesday. Qualys, Inc. has a 12-month low of $74.51 and a 12-month high of $155.47. The business's fifty day simple moving average is $90.91 and its 200-day simple moving average is $113.38. The company has a market capitalization of $3.99 billion, a PE ratio of 20.36 and a beta of 0.65.

Qualys (NASDAQ:QLYS - Get Free Report) last announced its quarterly earnings results on Tuesday, May 5th. The software maker reported $1.95 earnings per share (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 business had revenue of $175.64 million for the quarter, compared to the consensus estimate of $173.63 million. During the same period last year, the business posted $1.67 EPS. The business's 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. Research analysts predict that Qualys, Inc. will post 5.47 EPS for the current year.

Institutional Inflows and Outflows




Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Root Financial Partners LLC grew its stake in Qualys by 206.2% during the 1st quarter. Root Financial Partners LLC now owns 297 shares of the software maker's stock worth $26,000 after buying an additional 200 shares during the last quarter. Strive Financial Group LLC purchased a new position in Qualys during the 4th quarter worth $27,000. Northwestern Mutual Wealth Management Co. grew its stake in Qualys by 204.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 213 shares of the software maker's stock worth $28,000 after buying an additional 143 shares during the last quarter. Allworth Financial LP grew its stake in Qualys by 86.8% during the 3rd quarter. Allworth Financial LP now owns 284 shares of the software maker's stock worth $38,000 after buying an additional 132 shares during the last quarter. Finally, Employees Retirement System of Texas acquired a new stake in Qualys during the 4th quarter worth about $43,000. 99.31% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on QLYS shares. Canaccord Genuity Group cut their price target on Qualys from $150.00 to $125.00 and set a "buy" rating on the stock in a report on Wednesday, May 6th. Morgan Stanley set a $96.00 target price on Qualys in a research note on Wednesday, May 6th. Weiss Ratings downgraded Qualys from a "hold (c-)" rating to a "sell (d+)" rating in a research note on Wednesday, May 20th. Wall Street Zen downgraded Qualys from a "buy" rating to a "hold" rating in a research note on Saturday, May 2nd. Finally, Royal Bank Of Canada boosted their target price on 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 issued a Buy rating, eleven have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $122.14.

Get Our Latest Report on Qualys

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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