Qualys, Inc. (NASDAQ:QLYS – Get Free Report) insider Bruce Posey sold 881 shares of the stock in a transaction that occurred on Tuesday, October 20th. The shares were sold at an average price of $189.52, for a total value of $166,967.12. Following the sale, the insider owned 57,807 shares of the company’s stock, valued at approximately $10,955,582.64. The trade was a 1.50% 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.
Qualys Trading Up 3.3%
QLYS traded up $6.23 during midday trading on Wednesday, reaching $196.70. The company’s stock had a trading volume of 808,249 shares, compared to its average volume of 750,377. The stock has a market cap of $6.81 billion, a P/E ratio of 34.03 and a beta of 0.60. The company has a fifty day simple moving average of $182.98 and a 200 day simple moving average of $140.41. Qualys, Inc. has a twelve month low of $74.51 and a twelve month high of $206.25.
Qualys (NASDAQ:QLYS – Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The software maker reported $1.98 earnings per share for the quarter, beating the consensus estimate of $1.78 by $0.20. The company had revenue of $182.18 million during the quarter, compared to analysts’ expectations of $178.57 million. Qualys had a return on equity of 37.52% and a net margin of 29.38%. During the same period in the prior year, the business earned $1.68 earnings per share. Qualys’s revenue for the quarter was up 11.1% compared to the same quarter last year. Qualys has set its FY 2026 guidance at 7.740-7.880 EPS and its Q3 2026 guidance at 1.910-1.980 EPS. Sell-side analysts expect that Qualys, Inc. will post 5.84 earnings per share for the current year.
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the business. Kilter Group LLC bought a new position in shares of Qualys in the 2nd quarter valued at about $31,000. Continuum Advisory LLC bought a new stake in shares of Qualys during the second quarter worth approximately $33,000. Root Financial Partners LLC raised its stake in shares of Qualys by 206.2% during the first quarter. Root Financial Partners LLC now owns 297 shares of the software maker’s stock worth $26,000 after buying an additional 200 shares during the last quarter. Public Employees Retirement System of Ohio acquired a new position in Qualys in the second quarter valued at approximately $51,000. Finally, Caitong International Asset Management Co. Ltd lifted its holdings in Qualys by 37,400.0% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 375 shares of the software maker’s stock valued at $50,000 after buying an additional 374 shares during the period. Institutional investors and hedge funds own 99.31% of the company’s stock.
Analyst Upgrades and Downgrades
Several equities analysts recently issued reports on the company. Morgan Stanley set a $200.00 price target on Qualys in a research note on Tuesday, October 13th. TD Cowen raised their price objective on Qualys from $170.00 to $200.00 and gave the stock a “hold” rating in a research report on Tuesday, October 13th. Jefferies Financial Group lifted their price objective on Qualys from $150.00 to $185.00 and gave the stock a “hold” rating in a report on Wednesday, August 5th. Wall Street Zen upgraded Qualys from a “hold” rating to a “buy” rating in a research report on Saturday. Finally, Canaccord Genuity Group set a $190.00 price objective on Qualys in a research report on Wednesday, August 5th. Two analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Qualys presently has a consensus rating of “Hold” and a consensus target price of $183.62.
Get Our Latest Stock Analysis on Qualys
Qualys Company Profile
Qualys, Inc is a cloud-based cybersecurity company that helps organizations identify, assess and manage security risks across information technology environments. Its platform is designed to provide visibility into assets, vulnerabilities, configurations and compliance requirements across on-premises infrastructure, endpoints, networks, applications and cloud environments.
The company’s offerings include vulnerability management, detection and response, policy compliance, asset inventory, web application security, endpoint security and cloud security capabilities.
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