Shares of Qualys, Inc. (NASDAQ:QLYS – Get Free Report) have been given an average recommendation of “Hold” by the seventeen ratings firms that are covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, twelve have given a hold rating, two have assigned a buy rating and two have issued a strong buy rating on the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $173.8667.
QLYS has been the topic of a number of analyst reports. Wall Street Zen lowered Qualys from a “buy” rating to a “hold” rating in a research report on Saturday, September 12th. Scotiabank boosted their price objective on Qualys from $190.00 to $220.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 5th. JPMorgan Chase & Co. upped their target price on shares of Qualys from $139.00 to $150.00 and gave the stock a “neutral” rating in a research note on Monday, July 27th. Piper Sandler raised their target price on shares of Qualys from $100.00 to $175.00 and gave the company a “neutral” rating in a report on Wednesday, August 5th. Finally, Weiss Ratings upgraded shares of Qualys from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, August 24th.
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Qualys Stock Down 1.8%
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, topping analysts’ consensus estimates of $1.78 by $0.20. The business had revenue of $182.18 million for the quarter, compared to analyst estimates of $178.57 million. Qualys had a return on equity of 37.52% and a net margin of 29.38%.The company’s revenue was up 11.1% on a year-over-year basis. During the same quarter in the prior year, the company 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. Analysts expect that Qualys will post 5.84 EPS for the current fiscal year.
Insider Activity
In other news, CEO Sumedh Thakar sold 3,200 shares of Qualys stock in a transaction on Monday, September 14th. The shares were sold at an average price of $170.05, for a total transaction of $544,160.00. Following the completion of the sale, the chief executive officer directly owned 180,338 shares of the company’s stock, valued at approximately $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 accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Wendy Pfeiffer sold 500 shares of Qualys stock in a transaction on Monday, July 20th. The stock was sold at an average price of $158.19, for a total transaction of $79,095.00. Following the sale, the director directly owned 12,210 shares of the company’s stock, valued at approximately $1,931,499.90. This trade represents a 3.93% 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. In the last 90 days, insiders sold 60,405 shares of company stock valued at $8,136,960. 0.72% of the stock is currently owned by company insiders.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in QLYS. Sequoia Financial Advisors LLC increased its holdings in shares of Qualys by 170.8% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 7,527 shares of the software maker’s stock valued at $1,035,000 after acquiring an additional 4,747 shares during the last quarter. Van Hulzen Asset Management LLC raised its position in shares of Qualys by 37.6% during the 2nd quarter. Van Hulzen Asset Management LLC now owns 27,342 shares of the software maker’s stock worth $3,759,000 after acquiring an additional 7,467 shares in the last quarter. NorthRock Partners LLC lifted its stake in Qualys by 0.8% during the second quarter. NorthRock Partners LLC now owns 13,501 shares of the software maker’s stock worth $1,856,000 after purchasing an additional 112 shares during the last quarter. Integrated Wealth Concepts LLC purchased a new stake in Qualys during the second quarter worth approximately $372,000. Finally, RFG Advisory LLC purchased a new stake in Qualys during the second quarter worth approximately $1,778,000. 99.31% of the stock is owned by institutional investors and hedge funds.
About Qualys
Qualys, Inc is a cloud-based security and compliance company that helps organizations identify, assess and manage cyber risk across their information technology environments. Its platform is designed to provide visibility into assets, vulnerabilities, configurations and compliance requirements across networks, endpoints, applications and cloud infrastructure.
The company’s offerings include vulnerability management, asset inventory, policy compliance, cloud security, web application security and endpoint detection and response.
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