Key Points
- Qualys CEO Sumedh Thakar sold 3,200 shares for $609,152 under a pre-arranged Rule 10b5-1 trading plan, reducing his direct stake by 1.77% to approximately $33.7 million.
- Qualys shares were trading at $192.65, up 1.6%, with a market capitalization of $6.67 billion. The stock has risen substantially from its 12-month low of $74.51 and is near its high of $206.25.
- The company exceeded quarterly expectations, reporting $1.98 in EPS and $182.18 million in revenue, while analysts maintain a consensus “Hold” rating and an average price target of $180.53.
Qualys, Inc. (NASDAQ:QLYS - Get Free Report) CEO Sumedh Thakar sold 3,200 shares of the firm's stock in a transaction that occurred on Wednesday, October 14th. The shares were sold at an average price of $190.36, for a total transaction of $609,152.00. Following the completion of the sale, the chief executive officer directly owned 177,138 shares in the company, valued at approximately $33,719,989.68. This trade represents a 1.77% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Qualys Trading Up 1.6%
Qualys stock opened at $192.65 on Friday. Qualys, Inc. has a 12-month low of $74.51 and a 12-month high of $206.25. The stock has a market cap of $6.67 billion, a P/E ratio of 32.47 and a beta of 0.60. The company has a fifty day simple moving average of $182.90 and a 200-day simple moving average of $138.30.
Qualys (NASDAQ:QLYS - Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The software maker reported $1.98 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.78 by $0.20. The company had revenue of $182.18 million during the quarter, compared to the consensus estimate of $178.57 million. Qualys had a return on equity of 37.52% and a net margin of 29.38%. Qualys's revenue for the quarter was up 11.1% on a year-over-year basis. During the same period in the previous year, the business earned $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. As a group, sell-side analysts forecast that Qualys, Inc. will post 5.84 earnings per share for the current fiscal year.
Analysts Set New Price Targets
Several analysts have recently weighed in on QLYS shares. TD Cowen boosted their price objective on shares of Qualys from $170.00 to $200.00 and gave the stock a "hold" rating in a research report on Tuesday. Weiss Ratings raised Qualys from a "hold (c+)" rating to a "buy (b-)" rating in a report on Thursday, October 8th. Wall Street Zen cut Qualys from a "buy" rating to a "hold" rating in a research report on Saturday, September 12th. DA Davidson raised their price target on Qualys from $135.00 to $165.00 and gave the stock a "neutral" rating in a research note on Wednesday, August 5th. Finally, Truist Financial lifted their price target on Qualys from $160.00 to $185.00 and gave the stock a "hold" rating in a research report on Wednesday, August 5th. Two equities research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Qualys currently has an average rating of "Hold" and a consensus target price of $180.53.
Check Out Our Latest Stock Report on Qualys
Hedge Funds Weigh In On Qualys
Several institutional investors have recently added to or reduced their stakes in QLYS. ZWJ Investment Counsel Inc. grew its stake in shares of Qualys by 4.9% in the 3rd quarter. ZWJ Investment Counsel Inc. now owns 2,114 shares of the software maker's stock valued at $396,000 after purchasing an additional 98 shares during the last quarter. ANB Bank acquired a new position in Qualys in the 3rd quarter valued at $333,000. GAMMA Investing LLC raised its position in Qualys by 32.2% during the 3rd quarter. GAMMA Investing LLC now owns 2,086 shares of the software maker's stock worth $390,000 after buying an additional 508 shares during the last quarter. Farther Finance Advisors LLC raised its position in Qualys by 25.8% during the 3rd quarter. Farther Finance Advisors LLC now owns 527 shares of the software maker's stock worth $99,000 after buying an additional 108 shares during the last quarter. Finally, Sequoia Financial Advisors LLC raised its position in Qualys by 170.8% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 7,527 shares of the software maker's stock worth $1,035,000 after buying an additional 4,747 shares during the last quarter. Institutional investors and hedge funds own 99.31% of the company's stock.
About Qualys
(
Get Free Report)
Qualys, Inc provides cloud-based information technology, security and compliance solutions for organizations worldwide. Its platform is designed to help businesses identify, assess and manage security vulnerabilities across their networks, endpoints, cloud environments and web applications.
The company's offerings include vulnerability management, asset inventory, security and compliance assessment, web application security, endpoint detection and response, and cloud security capabilities.
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