Key Points
- Bruce Posey, a Qualys insider, sold 3,077 shares on Dec. 3 at an average of $145.99 for about $449,211, cutting his stake by 4.11% to 71,776 shares valued at roughly $10.48M.
- Earnings beat: Qualys reported $1.86 EPS and $169.88M in revenue for the quarter, topping estimates, and issued FY2025 guidance of $6.93–7.00 EPS with Q4 guidance of $1.73–1.80.
- Shares trade near $146 (market cap ~$5.24B, P/E 28.31) and were down about 2.4%; analysts have a consensus rating of Hold with a $142.14 average target.
Qualys, Inc. (NASDAQ:QLYS - Get Free Report) insider Bruce Posey sold 1,000 shares of the stock in a transaction on Thursday, December 4th. The stock was sold at an average price of $150.00, for a total transaction of $150,000.00. Following the sale, the insider directly owned 70,776 shares in the company, valued at $10,616,400. This trade represents a 1.39% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
Qualys Stock Performance
NASDAQ QLYS opened at $146.08 on Friday. Qualys, Inc. has a one year low of $112.61 and a one year high of $158.71. The company has a 50-day simple moving average of $135.61 and a 200-day simple moving average of $136.45. The firm has a market capitalization of $5.24 billion, a PE ratio of 28.31 and a beta of 0.55.
Qualys (NASDAQ:QLYS - Get Free Report) last issued its earnings results on Tuesday, November 4th. The software maker reported $1.86 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.56 by $0.30. Qualys had a net margin of 28.96% and a return on equity of 37.40%. The firm had revenue of $169.88 million for the quarter, compared to analysts' expectations of $166.30 million. During the same quarter last year, the company posted $1.56 earnings per share. Qualys's revenue was up 10.4% on a year-over-year basis. Qualys has set its FY 2025 guidance at 6.930-7.000 EPS and its Q4 2025 guidance at 1.730-1.800 EPS. Equities analysts forecast that Qualys, Inc. will post 3.85 earnings per share for the current year.
Institutional Investors Weigh In On Qualys
Hedge funds and other institutional investors have recently modified their holdings of the stock. Quadrant Capital Group LLC increased its position in Qualys by 1.8% during the third quarter. Quadrant Capital Group LLC now owns 5,027 shares of the software maker's stock worth $665,000 after acquiring an additional 88 shares during the period. Captrust Financial Advisors grew 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 purchasing an additional 90 shares during the last quarter. Illinois Municipal Retirement Fund increased its holdings in shares of Qualys by 0.7% during the 3rd quarter. Illinois Municipal Retirement Fund now owns 12,868 shares of the software maker's stock worth $1,703,000 after purchasing an additional 90 shares during the period. Arkadios Wealth Advisors raised its position in shares of Qualys by 2.4% during the second quarter. Arkadios Wealth Advisors now owns 4,006 shares of the software maker's stock valued at $572,000 after buying an additional 93 shares during the last quarter. Finally, Occidental Asset Management LLC lifted its stake in shares of Qualys by 4.3% in the second quarter. Occidental Asset Management LLC now owns 2,283 shares of the software maker's stock valued at $326,000 after buying an additional 95 shares during the period. 99.31% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
QLYS has been the subject of a number of analyst reports. Berenberg Bank initiated coverage on Qualys in a research report on Tuesday, November 18th. They set a "hold" rating and a $165.00 price objective for the company. Truist Financial reiterated a "hold" rating and issued a $130.00 target price (down from $145.00) on shares of Qualys in a research note on Wednesday, November 5th. Scotiabank reduced their price target on shares of Qualys from $150.00 to $139.00 and set a "sector perform" rating for the company in a report on Wednesday, November 5th. JPMorgan Chase & Co. increased their price objective on shares of Qualys from $115.00 to $117.00 and gave the stock an "underweight" rating in a report on Wednesday, November 5th. Finally, Northland Securities set a $162.00 target price on shares of Qualys in a research note on Wednesday, November 5th. Two research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat.com, Qualys presently has an average rating of "Hold" and an average target price of $142.14.
Get Our Latest Analysis on QLYS
About Qualys
(
Get Free Report)
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.
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