Jeffrey Hank Sells 470 Shares of Qualys (NASDAQ:QLYS) Stock

Qualys, Inc. (NASDAQ:QLYS) Director Jeffrey Hank sold 470 shares of Qualys stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $108.88, for a total transaction of $51,173.60. Following the sale, the director owned 16,046 shares of the company’s stock, valued at $1,747,088.48. The trade was a 2.85% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Qualys Stock Up 3.1%

QLYS traded up $3.41 on Monday, reaching $114.65. 889,284 shares of the company traded hands, compared to its average volume of 744,687. Qualys, Inc. has a one year low of $74.51 and a one year high of $155.47. The firm has a fifty day simple moving average of $94.59 and a two-hundred day simple moving average of $111.43. The company has a market cap of $4.04 billion, a P/E ratio of 20.58 and a beta of 0.66.

Qualys (NASDAQ:QLYS) last announced its quarterly earnings data on Tuesday, May 5th. The software maker reported $1.95 earnings per share for the quarter, beating analysts’ consensus estimates of $1.81 by $0.14. Qualys had a net margin of 29.41% and a return on equity of 37.15%. The company had revenue of $175.64 million during the quarter, compared to analyst estimates of $173.63 million. During the same quarter last year, the business posted $1.67 EPS. The firm’s revenue for the quarter was up 9.8% on a year-over-year basis. 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, equities analysts forecast that Qualys, Inc. will post 5.47 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts have commented on the stock. Truist Financial cut their target price on shares of Qualys from $120.00 to $85.00 and set a “hold” rating on the stock in a research report on Friday, April 24th. TD Cowen reissued a “hold” rating on shares of Qualys in a research report on Tuesday, April 14th. Piper Sandler cut their target price on shares of Qualys from $135.00 to $100.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 6th. Morgan Stanley set a $96.00 target price on shares of Qualys in a research report on Wednesday, May 6th. Finally, Scotiabank cut their target price on shares of Qualys from $135.00 to $100.00 and set a “sector perform” rating on the stock in a research report on Wednesday, May 6th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, eleven have given a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $122.14.

Institutional Trading of Qualys

Several large investors have recently bought and sold shares of the stock. NewEdge Advisors LLC grew its position in Qualys by 12.9% during the 1st quarter. NewEdge Advisors LLC now owns 6,110 shares of the software maker’s stock worth $537,000 after purchasing an additional 696 shares during the last quarter. Segall Bryant & Hamill LLC purchased a new stake in Qualys during the 1st quarter worth approximately $3,057,000. Verus Capital Partners LLC purchased a new stake in Qualys during the 1st quarter worth approximately $264,000. Argent Capital Management LLC grew its position in Qualys by 54.5% during the 1st quarter. Argent Capital Management LLC now owns 6,767 shares of the software maker’s stock worth $594,000 after purchasing an additional 2,386 shares during the last quarter. Finally, Park State Asset Management grew its position in Qualys by 18.8% during the 1st quarter. Park State Asset Management now owns 58,123 shares of the software maker’s stock worth $5,106,000 after purchasing an additional 9,212 shares during the last quarter. Hedge funds and other institutional investors own 99.31% of the company’s stock.

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.