Key Points
- Qualys CFO Joo Mi Kim sold 965 shares on July 2 at an average price of $143.44, worth about $138,420. The sale was made under a pre-arranged Rule 10b5-1 trading plan and reduced her ownership by 1.17%.
- This was not her only recent sale; Kim also sold 1,031 shares on June 2 and 1,627 shares on May 19. The article frames these as routine insider transactions rather than a clear bearish signal.
- Qualys has been receiving mixed but generally supportive analyst attention, including a Scotiabank upgrade to sector outperform with a $190 target. Still, the overall analyst consensus remains Hold with an average price target of $132.29.
Qualys, Inc. (NASDAQ:QLYS - Get Free Report) CFO Joo Mi Kim sold 965 shares of the firm's stock in a transaction dated Thursday, July 2nd. The stock was sold at an average price of $143.44, for a total transaction of $138,419.60. Following the completion of the sale, the chief financial officer owned 81,215 shares of the company's stock, valued at $11,649,479.60. This trade represents a 1.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Joo Mi Kim also recently made the following trade(s):
- On Tuesday, June 2nd, Joo Mi Kim sold 1,031 shares of Qualys stock. The shares were sold at an average price of $111.67, for a total value of $115,131.77.
- On Tuesday, May 19th, Joo Mi Kim sold 1,627 shares of Qualys stock. The stock was sold at an average price of $100.17, for a total value of $162,976.59.
Qualys Stock Performance
Shares of NASDAQ:QLYS opened at $159.33 on Tuesday. The firm has a market capitalization of $5.61 billion, a P/E ratio of 28.60 and a beta of 0.61. The stock has a 50 day moving average price of $107.57 and a 200-day moving average price of $109.02. Qualys, Inc. has a 52-week low of $74.51 and a 52-week high of $160.20.
Qualys (NASDAQ:QLYS - Get Free Report) last released its quarterly earnings results on Tuesday, May 5th. The software maker reported $1.95 earnings per share for the quarter, beating the consensus estimate of $1.81 by $0.14. The company had revenue of $175.64 million for the quarter, compared to analyst estimates of $173.63 million. Qualys had a return on equity of 37.15% and a net margin of 29.41%.The firm's revenue was up 9.8% on a year-over-year basis. During the same period in the previous 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 analysts forecast that Qualys, Inc. will post 5.47 EPS for the current fiscal year.
Analysts Set New Price Targets
Several brokerages recently issued reports on QLYS. Wedbush decreased their price target on shares of Qualys from $155.00 to $125.00 and set an "outperform" rating for the company in a research note on Thursday, May 7th. Wall Street Zen downgraded shares of Qualys from a "buy" rating to a "hold" rating in a research note on Saturday, May 2nd. TD Cowen reiterated a "hold" rating on shares of Qualys in a report on Tuesday, April 14th. 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 research note on Wednesday, May 6th. Finally, JPMorgan Chase & Co. upgraded Qualys from an "underweight" rating to a "neutral" rating and lifted their price objective for the company from $87.00 to $139.00 in a research note on Tuesday, June 30th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $132.29.
View Our Latest Stock Report on QLYS
Qualys News Summary
Here are the key news stories impacting Qualys this week:
- Positive Sentiment: Scotiabank upgraded Qualys from sector perform to sector outperform and raised its price target to $190 from $100, signaling meaningful upside from recent levels.
- Positive Sentiment: Recent bullish coverage argued that Qualys should benefit from rising vulnerability management demand, recent analyst upgrades, and management’s FY2026 outlook, which may be supporting investor optimism.
- Neutral Sentiment: CFO Joo Mi Kim sold 965 shares on July 2 in a pre-arranged Rule 10b5-1 plan, a routine insider transaction that does not necessarily signal a change in fundamentals. SEC filing
- Neutral Sentiment: Insider Bruce K. Posey also sold 1,000 shares under a pre-arranged trading plan, which may create some headline noise but is generally viewed as administrative rather than a major bearish signal. SEC filing
Institutional Investors Weigh In On Qualys
Institutional investors and hedge funds have recently made changes to their positions in the company. NewEdge Advisors LLC lifted its position in Qualys by 3,948.0% in the 1st quarter. NewEdge Advisors LLC now owns 2,024 shares of the software maker's stock valued at $255,000 after acquiring an additional 1,974 shares in the last quarter. Sivia Capital Partners LLC bought a new stake in shares of Qualys in the 2nd quarter worth $292,000. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Qualys by 3,218.8% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 531 shares of the software maker's stock worth $76,000 after purchasing an additional 515 shares in the last quarter. EverSource Wealth Advisors LLC raised 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 worth $92,000 after purchasing an additional 535 shares during the last quarter. Finally, Amundi lifted its holdings in shares of Qualys by 47.1% during 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 in the last quarter. Institutional investors own 99.31% of the company's stock.
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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