Qualys (NASDAQ:QLYS) Upgraded by Wall Street Zen to “Buy” Rating

Wall Street Zen upgraded shares of Qualys (NASDAQ:QLYSFree Report) from a hold rating to a buy rating in a research report report published on Saturday morning.

Several other research analysts have also commented on QLYS. Weiss Ratings upgraded Qualys from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, July 16th. Morgan Stanley upped their price target on Qualys from $115.00 to $130.00 and gave the company an “underweight” rating in a research report on Wednesday. Scotiabank lifted their price objective on shares of Qualys from $190.00 to $220.00 and gave the stock an “outperform” rating in a report on Wednesday. Wedbush lowered their target price on shares of Qualys from $155.00 to $125.00 and set an “outperform” rating for the company in a research note on Thursday, May 7th. Finally, Robert W. Baird set a $160.00 target price on shares of Qualys in a report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Qualys presently has a consensus rating of “Hold” and a consensus price target of $170.53.

Check Out Our Latest Research Report on QLYS

Qualys Stock Performance

Shares of Qualys stock opened at $183.48 on Friday. Qualys has a 1 year low of $74.51 and a 1 year high of $201.54. The firm’s 50-day simple moving average is $135.97 and its 200-day simple moving average is $112.17. The firm has a market cap of $6.35 billion, a PE ratio of 31.74 and a beta of 0.60.

Qualys (NASDAQ:QLYSGet Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The software maker reported $1.98 EPS for the quarter, topping analysts’ consensus estimates of $1.78 by $0.20. The business had revenue of $182.18 million during the quarter, compared to the consensus estimate of $178.57 million. Qualys had a return on equity of 37.52% and a net margin of 29.38%.The company’s revenue for the quarter was up 11.1% compared to the same quarter last year. During the same period last year, the firm earned $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. On average, equities analysts predict that Qualys will post 5.47 earnings per share for the current year.

Insider Activity

In related news, insider Bruce K. Posey sold 882 shares of the stock in a transaction dated Monday, July 20th. The shares were sold at an average price of $158.17, for a total value of $139,505.94. Following the sale, the insider owned 62,689 shares of the company’s stock, valued at $9,915,519.13. This trade represents a 1.39% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Sumedh S. Thakar sold 30,000 shares of Qualys stock in a transaction dated Tuesday, June 30th. The shares were sold at an average price of $135.00, for a total transaction of $4,050,000.00. Following the completion of the sale, the chief executive officer owned 196,686 shares in the company, valued at approximately $26,552,610. This represents a 13.23% decrease in their ownership of the stock. 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. Insiders sold 76,855 shares of company stock worth $9,706,670 in the last 90 days. 0.72% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Qualys

Hedge funds have recently made changes to their positions in the business. Root Financial Partners LLC boosted its position 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 period. Strive Financial Group LLC bought a new position in Qualys in the 4th quarter worth approximately $27,000. Northwestern Mutual Wealth Management Co. increased its position in Qualys by 204.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 213 shares of the software maker’s stock valued at $28,000 after acquiring an additional 143 shares during the period. Employees Retirement System of Texas acquired a new stake in Qualys in the 4th quarter valued at approximately $43,000. Finally, Richardson Financial Services Inc. raised its stake in Qualys by 127.0% during the 4th quarter. Richardson Financial Services Inc. now owns 345 shares of the software maker’s stock valued at $46,000 after acquiring an additional 193 shares in the last quarter. Institutional investors own 99.31% of the company’s stock.

About Qualys

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Qualys (NASDAQ:QLYS)

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