Shares of Qualys, Inc. (NASDAQ:QLYS – Get Free Report) have received an average rating of “Hold” from the eighteen research firms that are covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, eleven have given a hold recommendation, four have given a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $183.62.
Several research analysts have recently weighed in on the company. Wedbush cut Qualys from an “outperform” rating to a “neutral” rating and set a $175.00 price objective for the company. in a research report on Thursday, September 10th. Canaccord Genuity Group set a $190.00 target price on Qualys in a research report on Wednesday, August 5th. Truist Financial boosted their target price on Qualys from $160.00 to $185.00 and gave the company a “hold” rating in a research note on Wednesday, August 5th. Weiss Ratings raised Qualys from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, October 8th. Finally, Yorkville Ives began coverage on Qualys in a research report on Monday, October 5th. They set an “outperform” rating and a $230.00 price target for the company.
View Our Latest Research Report on Qualys
Insider Activity at Qualys
In other news, CEO Sumedh Thakar sold 3,200 shares of the business’s stock in a transaction dated Monday, September 14th. The shares were sold at an average price of $170.05, for a total transaction of $544,160.00. Following the transaction, the chief executive officer directly owned 180,338 shares in the company, valued at $30,666,476.90. The trade was a 1.74% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Joo Mi Kim sold 1,627 shares of the company’s stock in a transaction that occurred on 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 sale, the chief financial officer owned 75,743 shares in the company, valued at $11,591,708.72. This represents a 2.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 10,640 shares of company stock valued at $1,884,257. 0.72% of the stock is owned by corporate insiders.
Institutional Trading of Qualys
Several large investors have recently modified their holdings of QLYS. Kilter Group LLC bought a new position in Qualys in the second quarter valued at approximately $31,000. Continuum Advisory LLC bought a new position in shares of Qualys in the 2nd quarter valued at $33,000. Root Financial Partners LLC increased its stake in shares of Qualys by 206.2% in the 1st quarter. Root Financial Partners LLC now owns 297 shares of the software maker’s stock valued at $26,000 after purchasing an additional 200 shares during the last quarter. Public Employees Retirement System of Ohio bought a new position in shares of Qualys in the 2nd quarter valued at $51,000. Finally, Allworth Financial LP acquired a new position in shares of Qualys during the 2nd quarter worth $64,000. 99.31% of the stock is owned by institutional investors and hedge funds.
Qualys Stock Down 2.7%
Shares of Qualys stock opened at $224.12 on Friday. The business has a fifty day simple moving average of $188.41 and a 200 day simple moving average of $134.95. The stock has a market cap of $7.75 billion, a PE ratio of 38.78 and a beta of 0.60. Qualys has a 12 month low of $74.51 and a 12 month high of $235.55.
Qualys (NASDAQ:QLYS – Get Free Report) last posted its 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. The company had revenue of $182.18 million for the quarter, compared to analyst estimates of $178.57 million. Qualys had a net margin of 29.38% and a return on equity of 37.52%. The business’s revenue for the quarter was up 11.1% compared to the same quarter last year. During the same period last year, the business posted $1.68 earnings per share. Qualys has set its FY 2026 guidance at 7.740-7.880 EPS and its Q3 2026 guidance at 1.910-1.980 EPS. Analysts expect that Qualys will post 5.84 EPS for the current fiscal year.
About Qualys
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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