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

Qualys, Inc. (NASDAQ:QLYS) CFO Joo Mi Kim sold 1,627 shares of the business’s stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $153.04, for a total value of $248,996.08. Following the completion of the transaction, the chief financial officer owned 75,743 shares in the company, valued at $11,591,708.72. This trade represents a 2.10% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed 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 Thursday, July 2nd, Joo Mi Kim sold 965 shares of Qualys stock. The stock was sold at an average price of $143.44, for a total value of $138,419.60.
• On Tuesday, June 2nd, Joo Mi Kim sold 1,031 shares of Qualys stock. The shares were sold at an average price of $111.67, for a total value of $115,131.77.
• On Tuesday, May 19th, Joo Mi Kim sold 1,627 shares of Qualys stock. The shares were sold at an average price of $100.17, for a total value of $162,976.59.

Qualys Trading Up 13.8%

NASDAQ:QLYS opened at $183.25 on Thursday. Qualys, Inc. has a 12-month low of $74.51 and a 12-month high of $201.54. The stock’s 50 day simple moving average is $132.86 and its 200-day simple moving average is $111.34. The firm has a market cap of $6.45 billion, a P/E ratio of 31.70 and a beta of 0.60.

Qualys (NASDAQ:QLYS) last issued its quarterly earnings results on Tuesday, August 4th. The software maker reported $1.98 earnings per share for the quarter, topping the consensus estimate of $1.78 by $0.20. Qualys had a return on equity of 37.67% and a net margin of 29.38%.The firm had revenue of $182.18 million during the quarter, compared to the consensus estimate of $178.57 million. During the same period last year, the company earned $1.68 earnings per share. The company’s revenue for the quarter was up 11.1% on a year-over-year basis. Qualys has set its FY 2026 guidance at 7.740-7.880 EPS and its Q3 2026 guidance at 1.910-1.980 EPS. Research analysts forecast that Qualys, Inc. will post 5.47 EPS for the current fiscal year.

Hedge Funds Weigh In On Qualys

A number of large investors have recently made changes to their positions in QLYS. Handelsbanken Fonder AB lifted its stake in shares of Qualys by 63.5% in the second quarter. Handelsbanken Fonder AB now owns 17,251 shares of the software maker’s stock valued at $2,372,000 after purchasing an additional 6,700 shares during the period. Assenagon Asset Management S.A. grew its position in Qualys by 24.2% during the second quarter. Assenagon Asset Management S.A. now owns 11,287 shares of the software maker’s stock worth $1,552,000 after buying an additional 2,202 shares during the period. GAMMA Investing LLC increased its holdings in Qualys by 35.0% in the second quarter. GAMMA Investing LLC now owns 1,578 shares of the software maker’s stock valued at $217,000 after buying an additional 409 shares in the last quarter. Central Pacific Bank Trust Division increased its holdings in Qualys by 52.0% in the second quarter. Central Pacific Bank Trust Division now owns 2,402 shares of the software maker’s stock valued at $330,000 after buying an additional 822 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB lifted its position in shares of Qualys by 40.5% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 472 shares of the software maker’s stock valued at $65,000 after acquiring an additional 136 shares during the period. Hedge funds and other institutional investors own 99.31% of the company’s stock.

Key Qualys News

Here are the key news stories impacting Qualys this week:

• Positive Sentiment: Q2 results exceeded expectations. Qualys reported adjusted earnings per share of $1.98, compared with the $1.78 analyst consensus and $1.68 a year earlier. Revenue rose 11.1% year over year to $182.18 million, surpassing the $178.57 million estimate. Qualys Q2 earnings report
• Positive Sentiment: Full-year guidance was raised materially. Management now expects fiscal 2026 revenue of $732 million to $738 million, up from $721 million to $727 million previously, and EPS of $7.74 to $7.88, above the $7.16 consensus. Third-quarter revenue and EPS guidance also exceeded analyst expectations. Qualys financial results announcement
• Positive Sentiment: Growth and profitability trends improved. Adjusted EBITDA reached $83.8 million, while current billings increased 16% and channel revenue grew 22%. Management highlighted demand for AI-related security products, Risk Operations Center adoption, federal business and partner sales as growth drivers.
• Positive Sentiment: Scotiabank became more bullish. The firm raised its Qualys price target from $190 to $220 and upgraded the stock to “sector outperform,” reinforcing the positive reaction to the earnings beat and higher outlook.
• Positive Sentiment: Qualys launched InstaScan. The new capability uses existing asset telemetry and AI-driven analysis to identify newly disclosed vulnerabilities without requiring traditional scan windows, potentially strengthening the company’s enterprise security platform. Qualys InstaScan launch

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the stock. Royal Bank Of Canada boosted their price target on shares of Qualys from $145.00 to $180.00 and gave the stock a “sector perform” rating in a research note on Wednesday. Canaccord Genuity Group set a $190.00 price objective on shares of Qualys in a research report on Wednesday. William Blair lowered Qualys from an “outperform” rating to a “market perform” rating in a report on Tuesday, April 28th. Weiss Ratings upgraded Qualys from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, July 16th. Finally, Truist Financial increased their target price on Qualys from $160.00 to $185.00 and gave the stock a “hold” rating in a research note on Wednesday. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $170.53.

Qualys Company Profile

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.