Insider Selling: Qualys (NASDAQ:QLYS) Director Sells 470 Shares of Stock

Key Points

  • Qualys director Thomas Berquist sold 939 shares on June 12 at an average price of $110.75, totaling about $104,000. The sale, made under a pre-arranged Rule 10b5-1 plan, reduced his holdings by 12.16%.
  • Qualys shares rose 3.1% and were trading at $114.65, with the stock sitting above its 50-day average but near its 200-day average. The company has a market value of about $4.04 billion.
  • Recent earnings were stronger than expected, with Q1 EPS of $1.95 beating estimates and revenue up 9.8% year over year. Still, analysts remain cautious overall, with a consensus rating of Hold and an average price target of $122.14.

Qualys, Inc. (NASDAQ:QLYS - Get Free Report) Director Jeffrey Hank sold 470 shares of the company's stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $108.88, for a total transaction of $51,173.60. Following the completion of the transaction, the director owned 16,046 shares of the company's stock, valued at $1,747,088.48. This trade represents a 2.85% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Qualys Stock Up 3.1%

Shares of QLYS stock opened at $114.65 on Tuesday. Qualys, Inc. has a 12-month low of $74.51 and a 12-month high of $155.47. The firm has a fifty day moving average of $95.12 and a 200-day moving average of $111.24. The company has a market capitalization of $4.04 billion, a price-to-earnings ratio of 20.58 and a beta of 0.65.

Qualys (NASDAQ:QLYS - Get Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The software maker reported $1.95 EPS for the quarter, beating the consensus estimate of $1.81 by $0.14. The business had revenue of $175.64 million for the quarter, compared to analysts' expectations of $173.63 million. Qualys had a net margin of 29.41% and a return on equity of 37.15%. The firm's revenue was up 9.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.67 EPS. Qualys has set its FY 2026 guidance at 7.440-7.650 EPS and its Q2 2026 guidance at 1.730-1.800 EPS. On average, equities analysts expect that Qualys, Inc. will post 5.47 EPS for the current year.

Institutional Inflows and Outflows




Large investors have recently bought and sold shares of the stock. NewEdge Advisors LLC grew its stake in Qualys by 12.9% in the first quarter. NewEdge Advisors LLC now owns 6,110 shares of the software maker's stock valued at $537,000 after purchasing an additional 696 shares in the last quarter. Segall Bryant & Hamill LLC bought a new stake in shares of Qualys during the 1st quarter worth approximately $3,057,000. Verus Capital Partners LLC bought a new stake in shares of Qualys during the 1st quarter worth approximately $264,000. Argent Capital Management LLC boosted its holdings in shares of Qualys by 54.5% in the 1st quarter. Argent Capital Management LLC now owns 6,767 shares of the software maker's stock valued at $594,000 after buying an additional 2,386 shares during the last quarter. Finally, Park State Asset Management boosted its holdings in shares of Qualys by 18.8% in the 1st quarter. Park State Asset Management now owns 58,123 shares of the software maker's stock valued at $5,106,000 after buying an additional 9,212 shares during the last quarter. 99.31% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on QLYS shares. Wall Street Zen lowered Qualys from a "buy" rating to a "hold" rating in a research report on Saturday, May 2nd. Royal Bank Of Canada raised 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. Truist Financial lowered their price objective on shares of Qualys from $120.00 to $85.00 and set a "hold" rating on the stock in a report on Friday, April 24th. William Blair lowered shares of Qualys from an "outperform" rating to a "market perform" rating in a research report on Tuesday, April 28th. Finally, TD Cowen restated a "hold" rating on shares of Qualys in a report on Tuesday, April 14th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, eleven have assigned a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $122.14.

Read Our Latest Report on Qualys

About Qualys

(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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