Bruce Posey Sells 1,077 Shares of Qualys (NASDAQ:QLYS) Stock

Qualys, Inc. (NASDAQ:QLYS) insider Bruce Posey sold 1,077 shares of Qualys stock in a transaction dated Monday, December 22nd. The shares were sold at an average price of $142.46, for a total value of $153,429.42. Following the transaction, the insider owned 69,699 shares of the company’s stock, valued at $9,929,319.54. This trade represents a 1.52% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Qualys Stock Up 0.4%

Shares of Qualys stock opened at $139.64 on Thursday. Qualys, Inc. has a 52 week low of $112.61 and a 52 week high of $155.47. The business has a 50 day moving average price of $139.65 and a 200-day moving average price of $137.13. The company has a market cap of $5.01 billion, a PE ratio of 27.06 and a beta of 0.55.

Qualys (NASDAQ:QLYS) last announced its quarterly earnings results on Tuesday, November 4th. The software maker reported $1.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.56 by $0.30. Qualys had a return on equity of 37.40% and a net margin of 28.96%.The business had revenue of $169.88 million during the quarter, compared to the consensus estimate of $166.30 million. During the same quarter in the prior year, the company posted $1.56 earnings per share. Qualys’s revenue was up 10.4% compared to the same quarter last year. Qualys has set its FY 2025 guidance at 6.930-7.000 EPS and its Q4 2025 guidance at 1.730-1.800 EPS. As a group, research analysts anticipate that Qualys, Inc. will post 3.85 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on QLYS. Robert W. Baird set a $150.00 price objective on shares of Qualys in a research report on Wednesday, November 5th. Zacks Research raised Qualys from a “hold” rating to a “strong-buy” rating in a report on Friday, November 7th. Northland Securities set a $162.00 price target on Qualys in a report on Wednesday, November 5th. UBS Group boosted their price objective on Qualys from $145.00 to $150.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 5th. Finally, Scotiabank decreased their target price on Qualys from $150.00 to $139.00 and set a “sector perform” rating for the company in a research report on Wednesday, November 5th. Two investment analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $143.57.

Institutional Trading of Qualys

Several hedge funds have recently made changes to their positions in the company. GHP Investment Advisors Inc. bought a new position in shares of Qualys during the 3rd quarter worth $29,000. Versant Capital Management Inc boosted its position in Qualys by 451.0% during the third quarter. Versant Capital Management Inc now owns 270 shares of the software maker’s stock worth $36,000 after purchasing an additional 221 shares during the period. Allworth Financial LP increased its stake in shares of Qualys by 86.8% in the third quarter. Allworth Financial LP now owns 284 shares of the software maker’s stock worth $38,000 after purchasing an additional 132 shares in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new stake in shares of Qualys in the second quarter valued at approximately $44,000. Finally, Abich Financial Wealth Management LLC purchased a new stake in shares of Qualys during the 3rd quarter valued at approximately $55,000. 99.31% of the stock is currently owned by institutional investors.

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.