Qualys chief legal officer Bruce K. Posey sells $166,963 in stock

In a move that could impact Qualys' stock price, Chief Legal Officer Bruce K. Posey sold 881 shares of the company’s common stock on October 20, 2026. The sale generated $166,963, with the shares exchanged at prices ranging between $184.3348 and $191.2576 each. Since then, Qualys' shares have seen a significant rise, trading near their 52-week peak of $206.25.

The cybersecurity firm has experienced impressive growth, with a 122% increase over the last six months and a 48% gain so far this year. The transactions were part of a Rule 10b5-1 trading plan, initiated by Posey on August 21, 2025.

Following this stock sale, Posey currently holds 57,807 shares of Qualys common stock. Analysts with InvestingPro suggest the stock is still undervalued, with a Fair Value of $208. For those seeking more detailed information on Qualys' financial performance and growth potential, a Pro Research Report is available.

Additionally, Qualys reported Q2 earnings that surpassed expectations, with diluted earnings per share of $1.98 and revenue of $182.2 million. This beat analyst projections of $1.78 per share and $178.63 million in revenue. In response, DA Davidson raised its price target for Qualys shares to $165, while TD Cowen increased its target to $200, both maintaining a Neutral rating.

Yorkville Ives also initiated coverage on Qualys with an outperform rating and a price target of $230, praising the company's leadership in vulnerability management and its expanding role in risk management.

These developments highlight a positive outlook among analysts for Qualys' future performance and market position.