Key Points
- Qualys CEO Sumedh Thakar sold 30,000 shares on June 30 at an average price of $135 each, totaling $4.05 million. The sale was made under a pre-arranged Rule 10b5-1 trading plan, and his remaining stake was valued at about $26.6 million.
- Qualys recently beat earnings expectations, reporting $1.95 EPS versus the $1.81 consensus and revenue of $175.64 million, up 9.8% year over year. The company also raised guidance for FY2026 and Q2 2026.
- Wall Street sentiment remains cautious, with analysts cutting price targets and the consensus rating sitting at “Hold.” The average target price is $125.86, below the stock’s recent trading level.
Qualys, Inc. (NASDAQ:QLYS - Get Free Report) CEO Sumedh Thakar sold 30,000 shares of the business's stock in a transaction on Tuesday, June 30th. The stock was sold at an average price of $135.00, for a total value of $4,050,000.00. Following the transaction, the chief executive officer owned 196,686 shares of the company's stock, valued at $26,552,610. This trade represents a 13.23% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Qualys Stock Performance
NASDAQ:QLYS opened at $143.44 on Thursday. The stock has a market cap of $5.05 billion, a price-to-earnings ratio of 25.75 and a beta of 0.61. Qualys, Inc. has a 1 year low of $74.51 and a 1 year high of $155.47. The business has a fifty day moving average of $103.66 and a 200-day moving average of $108.93.
Qualys (NASDAQ:QLYS - Get Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The software maker reported $1.95 earnings per share for the quarter, topping the consensus estimate of $1.81 by $0.14. The business had revenue of $175.64 million during the quarter, compared to the consensus estimate of $173.63 million. Qualys had a net margin of 29.41% and a return on equity of 37.15%. The company's quarterly revenue was up 9.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.67 earnings per share. 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 research analysts predict that Qualys, Inc. will post 5.47 EPS for the current year.
Hedge Funds Weigh In On Qualys
Large investors have recently made changes to their positions in the business. Nordea Investment Management AB lifted its stake in Qualys by 62.4% during the fourth quarter. Nordea Investment Management AB now owns 125,636 shares of the software maker's stock valued at $16,769,000 after purchasing an additional 48,267 shares during the last quarter. Comerica Bank grew its position in Qualys by 100.6% in the fourth quarter. Comerica Bank now owns 22,710 shares of the software maker's stock worth $3,018,000 after buying an additional 11,391 shares during the last quarter. Fort Washington Investment Advisors Inc. OH grew its position in Qualys by 9.8% in the fourth quarter. Fort Washington Investment Advisors Inc. OH now owns 208,832 shares of the software maker's stock worth $27,754,000 after buying an additional 18,711 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of Qualys by 4.0% in the fourth quarter. Geode Capital Management LLC now owns 1,256,002 shares of the software maker's stock valued at $168,380,000 after buying an additional 48,877 shares in the last quarter. Finally, GHP Investment Advisors Inc. increased its holdings in shares of Qualys by 6,727.1% in the fourth quarter. GHP Investment Advisors Inc. now owns 14,883 shares of the software maker's stock valued at $1,978,000 after buying an additional 14,665 shares in the last quarter. Institutional investors own 99.31% of the company's stock.
Wall Street Analyst Weigh In
A number of brokerages have recently weighed in on QLYS. William Blair lowered shares of Qualys from an "outperform" rating to a "market perform" rating in a research note on Tuesday, April 28th. Canaccord Genuity Group dropped their target price on Qualys from $150.00 to $125.00 and set a "buy" rating on the stock in a report on Wednesday, May 6th. Piper Sandler cut their target price on Qualys from $135.00 to $100.00 and set a "neutral" rating for the company in a research report on Wednesday, May 6th. TD Cowen reaffirmed a "hold" rating on shares of Qualys in a research note on Tuesday, April 14th. Finally, Scotiabank lowered their price target on Qualys from $135.00 to $100.00 and set a "sector perform" rating on the stock in a research report on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, twelve have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $125.86.
View 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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