Insider Selling: Qualys (NASDAQ:QLYS) Insider Sells $155,438.34 in Stock

Key Points

• Qualys insider Bruce Posey sold 866 shares for $155,438.34 under a pre-arranged Rule 10b5-1 trading plan, reducing his holdings by 1.45% to 58,688 shares.
• Qualys shares rose 1.3% to $183.32, while the company’s latest quarterly results exceeded expectations with adjusted EPS of $1.98 and revenue of $182.18 million, up 11.1% year over year.
• Analysts maintain a consensus “Hold” rating with an average price target of $173.87; institutional investors own 99.31% of the company’s stock.

Qualys, Inc. (NASDAQ:QLYS - Get Free Report) insider Bruce Posey sold 866 shares of the company's stock in a transaction on Monday, September 21st. The stock was sold at an average price of $179.49, for a total transaction of $155,438.34. Following the transaction, the insider owned 58,688 shares of the company's stock, valued at approximately $10,533,909.12. This represents a 1.45% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Qualys Stock Up 1.3%

NASDAQ QLYS traded up $2.29 on Tuesday, reaching $183.32. The company had a trading volume of 724,044 shares, compared to its average volume of 730,736. The stock has a market capitalization of $6.34 billion, a PE ratio of 31.72 and a beta of 0.62. Qualys, Inc. has a 12 month low of $74.51 and a 12 month high of $201.54. The firm's 50 day moving average price is $169.59 and its 200 day moving average price is $126.98.

Qualys (NASDAQ:QLYS - Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The software maker reported $1.98 EPS for the quarter, beating the consensus estimate of $1.78 by $0.20. The business had revenue of $182.18 million during the quarter, compared to the consensus estimate of $178.57 million. Qualys had a net margin of 29.38% and a return on equity of 37.52%. The business's revenue was up 11.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.68 EPS. Qualys has set its FY 2026 guidance at 7.740-7.880 EPS and its Q3 2026 guidance at 1.910-1.980 EPS. On average, research analysts expect that Qualys, Inc. will post 5.84 EPS for the current year.

Hedge Funds Weigh In On Qualys

Large investors have recently bought and sold shares of the business. Kilter Group LLC purchased a new stake in Qualys in the second quarter worth $31,000. Continuum Advisory LLC bought a new position in shares of Qualys in the second quarter worth about $33,000. Root Financial Partners LLC grew its holdings in shares of Qualys by 206.2% in the first quarter. Root Financial Partners LLC now owns 297 shares of the software maker's stock worth $26,000 after purchasing an additional 200 shares during the last quarter. Employees Retirement System of Texas purchased a new position in Qualys in the 4th quarter worth about $43,000. Finally, Public Employees Retirement System of Ohio purchased a new position in Qualys in the 2nd quarter worth about $51,000. Hedge funds and other institutional investors own 99.31% of the company's stock.

Wall Street Analyst Weigh In

QLYS has been the subject of a number of recent research reports. Royal Bank Of Canada lifted their price objective on shares of Qualys from $145.00 to $180.00 and gave the stock a "sector perform" rating in a research note on Wednesday, August 5th. Truist Financial increased their price target on shares of Qualys from $160.00 to $185.00 and gave the company a "hold" rating in a report on Wednesday, August 5th. JPMorgan Chase & Co. lifted their price target on Qualys from $139.00 to $150.00 and gave the stock a "neutral" rating in a research report on Monday, July 27th. Robert W. Baird set a $160.00 price objective on Qualys in a research note on Wednesday, August 5th. Finally, Northland Securities set a $208.00 price objective on Qualys in a research report on Wednesday, August 5th. Two investment analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $173.87.

About Qualys

Qualys, Inc is a cloud-based security and compliance company that helps organizations identify, assess and manage cyber risk across their information technology environments. Its platform is designed to provide visibility into assets, vulnerabilities, configurations and compliance requirements across networks, endpoints, applications and cloud infrastructure.

The company's offerings include vulnerability management, asset inventory, policy compliance, cloud security, web application security and endpoint detection and response.

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