Sumedh Thakar Sells 5,000 Shares of Qualys (NASDAQ:QLYS) Stock

Qualys, Inc. (NASDAQ:QLYS) CEO Sumedh Thakar sold 5,000 shares of the business’s stock in a transaction on Wednesday, January 14th. The shares were sold at an average price of $133.76, for a total transaction of $668,800.00. Following the transaction, the chief executive officer owned 247,800 shares of the company’s stock, valued at $33,145,728. This represents a 1.98% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Qualys Stock Performance

QLYS opened at $134.57 on Friday. The company has a fifty day moving average of $140.99 and a two-hundred day moving average of $136.38. The stock has a market capitalization of $4.83 billion, a price-to-earnings ratio of 26.08 and a beta of 0.50. Qualys, Inc. has a fifty-two week low of $112.61 and a fifty-two week high of $155.47.

Qualys (NASDAQ:QLYS) last posted its earnings results on Tuesday, November 4th. The software maker reported $1.86 EPS for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $166.30 million. During the same period last year, the firm earned $1.56 EPS. The company’s quarterly 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. On average, equities research analysts forecast that Qualys, Inc. will post 3.85 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the stock. Northland Securities set a $162.00 price objective on shares of Qualys in a research report on Wednesday, November 5th. Canaccord Genuity Group upped their price target on shares of Qualys from $158.00 to $160.00 and gave the stock a “buy” rating in a research report on Wednesday, November 5th. Morgan Stanley reaffirmed an “underweight” rating and set a $117.00 target price on shares of Qualys in a report on Thursday, December 18th. Weiss Ratings reissued a “hold (c+)” rating on shares of Qualys in a research note on Monday, December 29th. Finally, Robert W. Baird set a $150.00 price objective on shares of Qualys in a research note on Wednesday, November 5th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $143.57.

Hedge Funds Weigh In On Qualys

Institutional investors and hedge funds have recently bought and sold shares of the company. Quadrant Capital Group LLC grew its position in Qualys by 1.8% in the third quarter. Quadrant Capital Group LLC now owns 5,027 shares of the software maker’s stock worth $665,000 after acquiring an additional 88 shares during the period. Illinois Municipal Retirement Fund increased its position in shares of Qualys by 0.7% during the 3rd quarter. Illinois Municipal Retirement Fund now owns 12,868 shares of the software maker’s stock worth $1,703,000 after purchasing an additional 90 shares during the last quarter. Captrust Financial Advisors raised its holdings in Qualys by 4.6% in the 2nd quarter. Captrust Financial Advisors now owns 2,038 shares of the software maker’s stock valued at $291,000 after buying an additional 90 shares during the period. Arkadios Wealth Advisors boosted its stake in Qualys by 2.4% during the second quarter. Arkadios Wealth Advisors now owns 4,006 shares of the software maker’s stock worth $572,000 after buying an additional 93 shares during the period. Finally, Occidental Asset Management LLC increased its position in shares of Qualys by 4.3% during the second quarter. Occidental Asset Management LLC now owns 2,283 shares of the software maker’s stock valued at $326,000 after acquiring an additional 95 shares during the last quarter. 99.31% of the stock is currently owned by institutional investors and hedge funds.

About Qualys

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.