Joo Mi Kim Sells 1,627 Shares of Qualys (NASDAQ:QLYS) Stock

Qualys, Inc. (NASDAQ:QLYSGet Free Report) CFO Joo Mi Kim sold 1,627 shares of the business’s stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $100.17, for a total value of $162,976.59. Following the completion of the sale, the chief financial officer directly owned 83,211 shares of the company’s stock, valued at $8,335,245.87. This represents a 1.92% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Qualys Stock Performance

Shares of QLYS stock opened at $102.37 on Friday. The stock’s 50 day simple moving average is $89.98 and its 200 day simple moving average is $115.16. Qualys, Inc. has a twelve month low of $74.51 and a twelve month high of $155.47. The company has a market capitalization of $3.61 billion, a price-to-earnings ratio of 18.38 and a beta of 0.58.

Qualys (NASDAQ:QLYSGet Free Report) last announced its earnings results on Tuesday, May 5th. The software maker reported $1.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.81 by $0.14. The firm had revenue of $175.64 million during the quarter, compared to analysts’ expectations of $173.63 million. Qualys had a return on equity of 37.15% and a net margin of 29.41%.The company’s revenue was up 9.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $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, analysts forecast that Qualys, Inc. will post 5.47 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Envestnet Portfolio Solutions Inc. increased its stake in Qualys by 4.3% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 1,985 shares of the software maker’s stock valued at $264,000 after purchasing an additional 81 shares in the last quarter. Quadrant Capital Group LLC grew its holdings in shares of Qualys by 1.8% in the 3rd quarter. Quadrant Capital Group LLC now owns 5,027 shares of the software maker’s stock valued at $665,000 after buying an additional 88 shares during the period. Illinois Municipal Retirement Fund increased its position in shares of Qualys by 0.7% in the 3rd quarter. Illinois Municipal Retirement Fund now owns 12,868 shares of the software maker’s stock valued at $1,703,000 after buying an additional 90 shares in the last quarter. Captrust Financial Advisors raised its stake in Qualys by 4.6% during the 2nd quarter. Captrust Financial Advisors now owns 2,038 shares of the software maker’s stock worth $291,000 after buying an additional 90 shares during the period. Finally, Covestor Ltd grew its stake in Qualys by 9.1% in the fourth quarter. Covestor Ltd now owns 1,178 shares of the software maker’s stock valued at $156,000 after acquiring an additional 98 shares during the period. Institutional investors own 99.31% of the company’s stock.

Analyst Upgrades and Downgrades

QLYS has been the topic of a number of research analyst reports. DA Davidson lowered their target price on Qualys from $135.00 to $125.00 and set a “neutral” rating on the stock in a report on Friday, February 6th. Weiss Ratings downgraded shares of Qualys from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday. Royal Bank Of Canada boosted their price target on Qualys from $85.00 to $90.00 and gave the company a “sector perform” rating in a research note on Wednesday, May 6th. Canaccord Genuity Group dropped their price objective on shares of Qualys from $150.00 to $125.00 and set a “buy” rating for the company in a research note on Wednesday, May 6th. Finally, Wedbush cut their target price on Qualys from $155.00 to $125.00 and set an “outperform” rating for the company in a research report on Thursday, May 7th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, eleven have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $122.14.

Read Our Latest Report on QLYS

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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