Insider Selling: Qualys (NASDAQ:QLYS) CFO Sells $115,131.77 in Stock

Qualys, Inc. (NASDAQ:QLYS) CFO Joo Mi Kim sold 1,031 shares of Qualys stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $111.67, for a total value of $115,131.77. Following the sale, the chief financial officer owned 82,180 shares of the company’s stock, valued at approximately $9,177,040.60. This trade represents a 1.24% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Joo Mi Kim also recently made the following trade(s):

• On Tuesday, May 19th, Joo Mi Kim sold 1,627 shares of Qualys stock. The stock was sold at an average price of $100.17, for a total value of $162,976.59.

Qualys Trading Down 1.5%

NASDAQ:QLYS opened at $109.90 on Friday. Qualys, Inc. has a twelve month low of $74.51 and a twelve month high of $155.47. The company has a market cap of $3.87 billion, a price-to-earnings ratio of 19.73 and a beta of 0.66. The stock has a fifty day simple moving average of $92.32 and a 200-day simple moving average of $112.65.

Qualys (NASDAQ:QLYS) last released its earnings results on Tuesday, May 5th. The software maker reported $1.95 earnings per share for the quarter, topping the consensus estimate of $1.81 by $0.14. Qualys had a return on equity of 37.15% and a net margin of 29.41%.The business had revenue of $175.64 million during the quarter, compared to the consensus estimate of $173.63 million. During the same period last year, the company earned $1.67 earnings per share. The business’s revenue for the quarter 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. As a group, equities research analysts predict that Qualys, Inc. will post 5.47 EPS for the current fiscal year.

Hedge Funds Weigh In On Qualys

Several institutional investors and hedge funds have recently added to or reduced their stakes in QLYS. Root Financial Partners LLC grew its stake in Qualys by 206.2% in the first quarter. Root Financial Partners LLC now owns 297 shares of the software maker’s stock valued at $26,000 after purchasing an additional 200 shares during the last quarter. Strive Financial Group LLC purchased a new position in Qualys in the fourth quarter valued at about $27,000. Northwestern Mutual Wealth Management Co. grew its stake in Qualys by 204.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 213 shares of the software maker’s stock valued at $28,000 after purchasing an additional 143 shares during 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 valued at $38,000 after purchasing an additional 132 shares during the last quarter. Finally, Employees Retirement System of Texas purchased a new position in Qualys in the fourth quarter valued at about $43,000. Hedge funds and other institutional investors own 99.31% of the company’s stock.

Wall Street Analysts Forecast Growth

QLYS has been the topic of several research reports. Piper Sandler cut their price target on Qualys from $135.00 to $100.00 and set a “neutral” rating on the stock in a research note on Wednesday, May 6th. Canaccord Genuity Group cut their price target on Qualys from $150.00 to $125.00 and set a “buy” rating on the stock in a research note on Wednesday, May 6th. Wall Street Zen lowered Qualys from a “buy” rating to a “hold” rating in a research note on Saturday, May 2nd. Scotiabank cut their price target on Qualys from $135.00 to $100.00 and set a “sector perform” rating on the stock in a research note on Wednesday, May 6th. Finally, Weiss Ratings lowered Qualys from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, May 20th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, eleven have issued a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $122.14.

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.