Key Points
- Qualys CEO Sumedh Thakar sold 3,200 shares at an average price of $170.05, generating $544,160. The transaction occurred under a pre-arranged Rule 10b5-1 plan and reduced his direct ownership by 1.74%.
- Qualys shares opened at $185.37, up 7.2%, with a $6.41 billion market capitalization. The company recently exceeded quarterly expectations, reporting $1.98 in EPS and $182.18 million in revenue, with revenue rising 11.1% year over year.
- Analysts maintain a consensus “Hold” rating, with an average price target of $173.87. Institutional investors own approximately 99.31% of the company’s outstanding shares.
Qualys, Inc. (NASDAQ:QLYS - Get Free Report) CEO Sumedh Thakar sold 3,200 shares of the company's stock in a transaction dated Monday, September 14th. The shares were sold at an average price of $170.05, for a total transaction of $544,160.00. Following the sale, the chief executive officer directly owned 180,338 shares in the company, valued at approximately $30,666,476.90. This trade represents a 1.74% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Qualys Stock Up 7.2%
Shares of NASDAQ:QLYS opened at $185.37 on Wednesday. The firm has a market capitalization of $6.41 billion, a PE ratio of 32.07 and a beta of 0.62. Qualys, Inc. has a twelve month low of $74.51 and a twelve month high of $201.54. The company has a 50-day moving average price of $167.20 and a two-hundred day moving average price of $123.99.
Qualys (NASDAQ:QLYS - Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The software maker reported $1.98 EPS for the quarter, beating analysts' consensus estimates of $1.78 by $0.20. The company had revenue of $182.18 million for the quarter, compared to analysts' expectations of $178.57 million. Qualys had a net margin of 29.38% and a return on equity of 37.52%. Qualys's revenue was up 11.1% compared to the same quarter last year. During the same period in the prior year, the company posted $1.68 EPS. Qualys has set its FY 2026 guidance at 7.740-7.880 EPS and its Q3 2026 guidance at 1.910-1.980 EPS. Analysts anticipate that Qualys, Inc. will post 5.84 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
Several research analysts have commented on QLYS shares. Canaccord Genuity Group set a $190.00 target price on Qualys in a research note on Wednesday, August 5th. Jefferies Financial Group increased their price target on shares of Qualys from $150.00 to $185.00 and gave the stock a "hold" rating in a report on Wednesday, August 5th. Weiss Ratings upgraded shares of Qualys from a "hold (c)" rating to a "hold (c+)" rating in a research report on Monday, August 24th. TD Cowen boosted their price objective on shares of Qualys from $145.00 to $170.00 and gave the company a "hold" rating in a research note on Wednesday, August 5th. Finally, Morgan Stanley upped their target price on shares of Qualys from $115.00 to $130.00 and gave the stock an "underweight" rating in a report on Wednesday, August 5th. Two equities research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $173.87.
Check Out Our Latest Research Report on Qualys
Hedge Funds Weigh In On Qualys
A number of institutional investors have recently added to or reduced their stakes in QLYS. Kilter Group LLC purchased a new stake in Qualys during the second quarter valued at about $31,000. Continuum Advisory LLC purchased a new position in shares of Qualys in the second quarter worth about $33,000. Root Financial Partners LLC increased its holdings in shares of Qualys by 206.2% in the first 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 period. Employees Retirement System of Texas bought a new stake in shares of Qualys in the 4th quarter valued at about $43,000. Finally, Public Employees Retirement System of Ohio bought a new stake in shares of Qualys in the 2nd quarter valued at about $51,000. 99.31% of the stock is currently owned by institutional investors.
Qualys Company Profile
(
Get Free Report)
Qualys, Inc is a cloud-based security and compliance company that helps organizations identify, assess and manage cyber risk across their information technology environments. Its platform is designed to provide visibility into assets, vulnerabilities, configurations and compliance requirements across networks, endpoints, applications and cloud infrastructure.
The company's offerings include vulnerability management, asset inventory, policy compliance, cloud security, web application security and endpoint detection and response.
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