Qualys (NASDAQ:QLYS) CEO Sells $1,250,520.00 in Stock

Qualys, Inc. (NASDAQ:QLYS) CEO Sumedh Thakar sold 8,500 shares of Qualys stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $147.12, for a total value of $1,250,520.00. Following the completion of the transaction, the chief executive officer owned 252,800 shares in the company, valued at approximately $37,191,936. This represents a 3.25% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Qualys Price Performance

Shares of QLYS stock opened at $142.95 on Friday. The business has a 50-day moving average of $138.64 and a 200 day moving average of $137.15. Qualys, Inc. has a 1-year low of $112.61 and a 1-year high of $155.47. The stock has a market capitalization of $5.13 billion, a PE ratio of 27.70 and a beta of 0.55.

Qualys (NASDAQ:QLYS) last announced its quarterly earnings data on Tuesday, November 4th. The software maker reported $1.86 earnings per share for the quarter, beating the consensus estimate of $1.56 by $0.30. Qualys had a return on equity of 37.40% and a net margin of 28.96%.The firm had revenue of $169.88 million during the quarter, compared to the consensus estimate of $166.30 million. During the same quarter in the previous year, the company posted $1.56 earnings per share. The business’s revenue was up 10.4% on a year-over-year basis. Qualys has set its FY 2025 guidance at 6.930-7.000 EPS and its Q4 2025 guidance at 1.730-1.800 EPS. Analysts anticipate that Qualys, Inc. will post 3.85 EPS for the current year.

Wall Street Analyst Weigh In

QLYS has been the topic of a number of recent analyst reports. Morgan Stanley reissued an “underweight” rating and issued a $117.00 price target on shares of Qualys in a report on Thursday. Wall Street Zen upgraded shares of Qualys from a “hold” rating to a “buy” rating in a report on Saturday, November 8th. Weiss Ratings restated a “hold (c)” rating on shares of Qualys in a report on Wednesday, October 8th. Scotiabank lowered their price target on Qualys from $150.00 to $139.00 and set a “sector perform” rating for the company in a research report on Wednesday, November 5th. Finally, Truist Financial reiterated a “hold” rating and issued a $130.00 price objective (down from $145.00) on shares of Qualys in a research report on Wednesday, November 5th. Two research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, Qualys presently has an average rating of “Hold” and a consensus target price of $143.57.

Institutional Trading of Qualys

Several institutional investors and hedge funds have recently bought and sold shares of the stock. GHP Investment Advisors Inc. purchased a new position in shares of Qualys during the 3rd quarter worth approximately $29,000. Versant Capital Management Inc boosted its position in shares of Qualys by 451.0% during the third quarter. Versant Capital Management Inc now owns 270 shares of the software maker’s stock valued at $36,000 after purchasing an additional 221 shares in the last quarter. Allworth Financial LP grew its stake in Qualys by 86.8% in the third quarter. Allworth Financial LP now owns 284 shares of the software maker’s stock worth $38,000 after purchasing an additional 132 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new position in Qualys in the second quarter worth $44,000. Finally, Abich Financial Wealth Management LLC bought a new position in Qualys in the third quarter worth $55,000. 99.31% of the stock is currently owned by hedge funds and other institutional investors.

About Qualys

Qualys, Inc, together with its subsidiaries, provides cloud-based platform delivering information technology (IT), security, and compliance solutions in the United States and internationally. It offers Qualys Cloud Apps, which include Cybersecurity Asset Management and External Attack Surface Management; Vulnerability Management, Detection and Response; Web Application Scanning; Patch Management; Custom Assessment and Remediation; Multi-Vector Endpoint Detection and Response; Context Extended Detection and Response; Policy Compliance; File Integrity Monitoring; and Qualys TotalCloud, as well as Cloud Workload Protection, Cloud Detection and Response, Cloud Security Posture Management, Infrastructure as Code, and Container Security.