Insider Selling: Qualys (NASDAQ:QLYS) Insider Sells 865 Shares

Qualys, Inc. (NASDAQ:QLYSGet Free Report) insider Bruce Posey sold 865 shares of the company’s stock in a transaction dated Monday, June 22nd. The shares were sold at an average price of $109.44, for a total transaction of $94,665.60. Following the sale, the insider directly owned 64,571 shares of the company’s stock, valued at $7,066,650.24. This represents a 1.32% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Qualys Trading Up 3.5%

Shares of QLYS traded up $3.82 during midday trading on Tuesday, hitting $112.33. The stock had a trading volume of 563,875 shares, compared to its average volume of 749,157. The business has a 50-day simple moving average of $97.64 and a two-hundred day simple moving average of $110.14. The firm has a market cap of $3.96 billion, a P/E ratio of 20.17 and a beta of 0.65. Qualys, Inc. has a fifty-two week low of $74.51 and a fifty-two week high of $155.47.

Qualys (NASDAQ:QLYSGet Free Report) last released its quarterly earnings results on Tuesday, May 5th. The software maker reported $1.95 earnings per share (EPS) 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 business had revenue of $175.64 million for the quarter, compared to analyst estimates of $173.63 million. During the same quarter in the previous year, the business earned $1.67 earnings per share. The firm’s revenue was up 9.8% compared to the same quarter last year. 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 expect that Qualys, Inc. will post 5.47 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Qualys

A number of institutional investors have recently modified their holdings of the stock. Pacer Advisors Inc. grew its holdings in shares of Qualys by 1,338.8% during the 1st quarter. Pacer Advisors Inc. now owns 129,693 shares of the software maker’s stock valued at $11,394,000 after acquiring an additional 120,679 shares in the last quarter. NewEdge Advisors LLC raised its holdings in shares of Qualys by 12.9% during the first quarter. NewEdge Advisors LLC now owns 6,110 shares of the software maker’s stock worth $537,000 after acquiring an additional 696 shares in the last quarter. Segall Bryant & Hamill LLC purchased a new stake in shares of Qualys during the first quarter worth $3,057,000. Verus Capital Partners LLC acquired a new stake in Qualys during the first quarter valued at $264,000. Finally, Argent Capital Management LLC boosted its position in Qualys by 54.5% during the first quarter. Argent Capital Management LLC now owns 6,767 shares of the software maker’s stock valued at $594,000 after purchasing an additional 2,386 shares during the last quarter. Institutional investors and hedge funds own 99.31% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently commented on the company. Weiss Ratings cut Qualys from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Wednesday, May 20th. Wedbush dropped their price target on Qualys from $155.00 to $125.00 and set an “outperform” rating on the stock in a research report on Thursday, May 7th. Wall Street Zen downgraded Qualys from a “buy” rating to a “hold” rating in a research note on Saturday, May 2nd. Scotiabank decreased their price objective on Qualys from $135.00 to $100.00 and set a “sector perform” rating for the company in a research report on Wednesday, May 6th. Finally, Piper Sandler decreased their price objective on Qualys from $135.00 to $100.00 and set a “neutral” rating for the company in a research report on Wednesday, May 6th. 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 issued a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $122.14.

View Our Latest Research Report on Qualys

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.

Further Reading

Insider Buying and Selling by Quarter for Qualys (NASDAQ:QLYS)

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