Wall Street Zen downgraded shares of Qualys (NASDAQ:QLYS – Free Report) from a buy rating to a hold rating in a research report report published on Saturday morning.
Several other research analysts have also issued reports on the company. Wedbush reissued an “outperform” rating and issued a $155.00 target price on shares of Qualys in a research report on Friday, February 6th. Canaccord Genuity Group set a $150.00 target price on Qualys in a research report on Friday, February 6th. Zacks Research downgraded Qualys from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 5th. Royal Bank Of Canada cut their price target on Qualys from $140.00 to $134.00 and set a “sector perform” rating on the stock in a research note on Friday, February 6th. Finally, Truist Financial cut their price target on Qualys from $120.00 to $85.00 and set a “hold” rating on the stock in a research note on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, ten have issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $137.77.
Read Our Latest Stock Report on Qualys
Qualys Stock Performance
Qualys (NASDAQ:QLYS – Get Free Report) last announced its earnings results on Thursday, February 5th. The software maker reported $1.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.78 by $0.09. Qualys had a return on equity of 37.65% and a net margin of 29.64%.The firm had revenue of $175.28 million during the quarter, compared to analyst estimates of $173.18 million. During the same quarter in the prior year, the company earned $1.60 EPS. The business’s revenue was up 10.1% compared to the same quarter last year. Qualys has set its Q1 2026 guidance at 1.760-1.830 EPS and its FY 2026 guidance at 7.170-7.450 EPS. On average, equities analysts forecast that Qualys will post 5.38 EPS for the current fiscal year.
Insider Buying and Selling
In other Qualys news, CFO Joo Mi Kim sold 6,799 shares of the stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of $128.46, for a total transaction of $873,399.54. Following the sale, the chief financial officer directly owned 88,489 shares in the company, valued at approximately $11,367,296.94. This trade represents a 7.14% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In the last quarter, insiders sold 10,378 shares of company stock worth $1,352,964. Company insiders own 0.88% of the company’s stock.
Institutional Trading of Qualys
Several institutional investors have recently added to or reduced their stakes in QLYS. Root Financial Partners LLC boosted its stake in Qualys by 206.2% during the 1st quarter. Root Financial Partners LLC now owns 297 shares of the software maker’s stock valued at $26,000 after purchasing an additional 200 shares during the last quarter. Strive Financial Group LLC purchased a new stake in Qualys during the 4th quarter valued at $27,000. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Qualys by 204.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 213 shares of the software maker’s stock worth $28,000 after buying an additional 143 shares during the last quarter. GHP Investment Advisors Inc. purchased a new position in shares of Qualys in the 3rd quarter worth $29,000. Finally, Versant Capital Management Inc boosted its stake in shares of Qualys by 451.0% in the 3rd quarter. Versant Capital Management Inc now owns 270 shares of the software maker’s stock worth $36,000 after buying an additional 221 shares during the last quarter. 99.31% of the stock is currently owned by hedge funds and other institutional investors.
About Qualys
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.
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