Qualys, Inc. (NASDAQ:QLYS) Given Average Rating of “Hold” by Brokerages

Qualys, Inc. (NASDAQ:QLYS) has been assigned an average rating of “Hold” from the eighteen ratings firms that are currently covering the firm, Marketbeat.com reports. Two research analysts have rated the stock with a sell recommendation, thirteen have issued a hold recommendation, two have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $141.00.

Several research analysts have recently issued reports on QLYS shares. Scotiabank lifted their price target on Qualys from $142.00 to $150.00 and gave the stock a “sector perform” rating in a research note on Wednesday, August 6th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Qualys in a research note on Saturday, September 27th. Morgan Stanley lifted their price target on Qualys from $90.00 to $97.00 and gave the stock an “underweight” rating in a research note on Wednesday, August 6th. DA Davidson boosted their target price on shares of Qualys from $130.00 to $135.00 and gave the company a “neutral” rating in a research note on Wednesday, August 6th. Finally, Wall Street Zen downgraded shares of Qualys from a “buy” rating to a “hold” rating in a research note on Saturday, August 30th.

Insider Activity

In related news, CEO Sumedh S. Thakar sold 8,500 shares of the business’s stock in a transaction dated Monday, July 14th. The shares were sold at an average price of $138.40, for a total value of $1,176,400.00. Following the completion of the transaction, the chief executive officer owned 215,962 shares of the company’s stock, valued at approximately $29,889,140.80. The trade was a 3.79% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Kristi Marie Rogers sold 1,700 shares of the business’s stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $134.70, for a total transaction of $228,990.00. Following the completion of the transaction, the director directly owned 8,596 shares of the company’s stock, valued at $1,157,881.20. The trade was a 16.51% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 39,565 shares of company stock worth $5,311,374. Company insiders own 0.88% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Captrust Financial Advisors increased its position in Qualys by 4.6% in the 2nd quarter. Captrust Financial Advisors now owns 2,038 shares of the software maker’s stock worth $291,000 after buying an additional 90 shares during the period. Arkadios Wealth Advisors grew its holdings in shares of Qualys by 2.4% during the 2nd quarter. Arkadios Wealth Advisors now owns 4,006 shares of the software maker’s stock worth $572,000 after purchasing an additional 93 shares in the last quarter. Occidental Asset Management LLC grew its holdings in shares of Qualys by 4.3% during the 2nd quarter. Occidental Asset Management LLC now owns 2,283 shares of the software maker’s stock worth $326,000 after purchasing an additional 95 shares in the last quarter. Cim LLC grew its holdings in shares of Qualys by 1.2% during the 1st quarter. Cim LLC now owns 8,561 shares of the software maker’s stock worth $1,078,000 after purchasing an additional 98 shares in the last quarter. Finally, State of Michigan Retirement System grew its holdings in shares of Qualys by 1.2% during the 1st quarter. State of Michigan Retirement System now owns 8,776 shares of the software maker’s stock worth $1,105,000 after purchasing an additional 100 shares in the last quarter. Institutional investors and hedge funds own 99.31% of the company’s stock.

Qualys Stock Up 0.2%

NASDAQ:QLYS opened at $131.07 on Friday. The company has a market capitalization of $4.73 billion, a PE ratio of 26.16 and a beta of 0.62. Qualys has a 52-week low of $112.61 and a 52-week high of $170.00. The stock has a fifty day simple moving average of $133.19 and a 200-day simple moving average of $133.51.

Qualys (NASDAQ:QLYS) last released its quarterly earnings results on Tuesday, August 5th. The software maker reported $1.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.47 by $0.21. The business had revenue of $164.06 million during the quarter, compared to the consensus estimate of $161.25 million. Qualys had a return on equity of 37.19% and a net margin of 29.04%.The business’s revenue was up 10.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.52 EPS. Qualys has set its FY 2025 guidance at 6.200-6.5 EPS. Q3 2025 guidance at 1.500-1.6 EPS. As a group, equities analysts anticipate that Qualys will post 3.85 earnings per share for the current year.

Qualys Company Profile

Qualys, Inc, together with its subsidiaries, provides cloud-based platform delivering information technology (IT), security, and compliance solutions in the United States and internationally. It offers Qualys Cloud Apps, which include Cybersecurity Asset Management and External Attack Surface Management; Vulnerability Management, Detection and Response; Web Application Scanning; Patch Management; Custom Assessment and Remediation; Multi-Vector Endpoint Detection and Response; Context Extended Detection and Response; Policy Compliance; File Integrity Monitoring; and Qualys TotalCloud, as well as Cloud Workload Protection, Cloud Detection and Response, Cloud Security Posture Management, Infrastructure as Code, and Container Security.