Key Points
- Qualys insider Bruce Posey sold 866 shares for approximately $155,438 at an average price of $179.49 under a pre-arranged Rule 10b5-1 trading plan. He retained 58,688 shares valued at about $10.5 million.
- Qualys reported quarterly earnings of $1.98 per share, beating estimates of $1.78, while revenue rose 11.1% year over year to $182.18 million.
- Analysts have a consensus “Hold” rating and an average price target of $173.87; institutional investors own 99.31% of the company’s stock.
Qualys, Inc. (NASDAQ:QLYS - Get Free Report) insider Bruce Posey sold 866 shares of the stock in a transaction that occurred on Monday, September 21st. The stock was sold at an average price of $179.49, for a total transaction of $155,438.34. Following the completion of the transaction, the insider owned 58,688 shares in the company, valued at $10,533,909.12. The trade was a 1.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Qualys Price Performance
Shares of QLYS stock opened at $183.32 on Wednesday. The company has a market cap of $6.34 billion, a price-to-earnings ratio of 31.72 and a beta of 0.62. Qualys, Inc. has a 1 year low of $74.51 and a 1 year high of $201.54. The firm has a fifty day moving average price of $169.59 and a 200-day moving average price of $126.98.
Qualys (NASDAQ:QLYS - Get Free Report) last released its earnings results on Tuesday, August 4th. The software maker reported $1.98 earnings per share for the quarter, beating the consensus estimate of $1.78 by $0.20. Qualys had a return on equity of 37.52% and a net margin of 29.38%.The company had revenue of $182.18 million for the quarter, compared to the consensus estimate of $178.57 million. During the same period in the previous year, the business earned $1.68 earnings per share. Qualys's quarterly revenue was up 11.1% compared to the same quarter last year. Qualys has set its FY 2026 guidance at 7.740-7.880 EPS and its Q3 2026 guidance at 1.910-1.980 EPS. Equities research analysts expect that Qualys, Inc. will post 5.84 EPS for the current year.
Institutional Investors Weigh In On Qualys
Institutional investors and hedge funds have recently modified their holdings of the stock. Envestnet Portfolio Solutions Inc. raised its position in shares of Qualys by 4.3% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 1,985 shares of the software maker's stock worth $264,000 after purchasing an additional 81 shares during the last quarter. EverSource Wealth Advisors LLC raised its position in shares of Qualys by 8.9% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,231 shares of the software maker's stock worth $164,000 after buying an additional 101 shares during the period. PNC Financial Services Group Inc. grew its holdings in shares of Qualys by 1.8% during the 4th quarter. PNC Financial Services Group Inc. now owns 5,945 shares of the software maker's stock worth $790,000 after purchasing an additional 104 shares during the period. NorthRock Partners LLC grew 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 buying an additional 112 shares during the period. Finally, MassMutual Private Wealth & Trust FSB boosted its position in Qualys by 40.5% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 472 shares of the software maker's stock worth $65,000 after purchasing an additional 136 shares during the period. Institutional investors own 99.31% of the company's stock.
Analysts Set New Price Targets
A number of research analysts recently issued reports on the company. Weiss Ratings upgraded Qualys from a "hold (c)" rating to a "hold (c+)" rating in a research note on Monday, August 24th. Morgan Stanley lifted their price target on shares of Qualys from $115.00 to $130.00 and gave the company an "underweight" rating in a report on Wednesday, August 5th. Truist Financial upped their price target on shares of Qualys from $160.00 to $185.00 and gave the stock a "hold" rating in a research report on Wednesday, August 5th. Scotiabank upped their price target on shares of Qualys from $190.00 to $220.00 and gave the stock an "outperform" rating in a research report on Wednesday, August 5th. Finally, TD Cowen increased their price objective on shares of Qualys from $145.00 to $170.00 and gave the stock a "hold" rating in a research note on Wednesday, August 5th. Two equities research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $173.87.
View Our Latest Stock Report on Qualys
Qualys Company Profile
(
Get Free Report)
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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