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

Shares of Qualys, Inc. (NASDAQ:QLYS) have received an average rating of “Hold” from the seventeen brokerages that are currently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, twelve have issued a hold rating, two have assigned a buy rating and two have assigned a strong buy rating to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $173.8667.

Several research firms recently issued reports on QLYS. JPMorgan Chase & Co. upped their price target on Qualys from $139.00 to $150.00 and gave the company a “neutral” rating in a research report on Monday, July 27th. Wedbush lowered shares of Qualys from an “outperform” rating to a “neutral” rating and set a $175.00 target price for the company. in a research note on Thursday. Robert W. Baird set a $160.00 target price on shares of Qualys in a report on Wednesday, August 5th. Morgan Stanley increased their target price on shares of Qualys from $115.00 to $130.00 and gave the stock an “underweight” rating in a report on Wednesday, August 5th. Finally, Weiss Ratings raised shares of Qualys from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, August 24th.

Insider Buying and Selling at Qualys

In other news, CFO Joo Mi Kim sold 1,627 shares of the stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $153.04, for a total transaction of $248,996.08. Following the sale, the chief financial officer directly owned 75,743 shares in the company, valued at approximately $11,591,708.72. This represents a 2.10% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed 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 the firm’s stock in a transaction that occurred on Monday, July 20th. The stock was sold at an average price of $158.19, for a total value of $79,095.00. Following the completion of the sale, the director directly owned 12,210 shares in the company, valued at approximately $1,931,499.90. This trade represents a 3.93% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 57,205 shares of company stock worth $7,592,800. Insiders own 0.72% of the company’s stock.

Institutional Investors Weigh In On Qualys

Large investors have recently added to or reduced their stakes in the stock. Sequoia Financial Advisors LLC lifted its stake in Qualys by 170.8% in the second quarter. Sequoia Financial Advisors LLC now owns 7,527 shares of the software maker’s stock valued at $1,035,000 after buying an additional 4,747 shares during the last quarter. Van Hulzen Asset Management LLC increased its holdings in shares of Qualys by 37.6% in 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 during the period. NorthRock Partners LLC lifted its position in Qualys by 0.8% in the 2nd quarter. NorthRock Partners LLC now owns 13,501 shares of the software maker’s stock valued at $1,856,000 after purchasing an additional 112 shares during the last quarter. Integrated Wealth Concepts LLC bought a new stake in Qualys in the 2nd quarter valued at about $372,000. Finally, RFG Advisory LLC acquired a new position in Qualys during the 2nd quarter valued at about $1,778,000. 99.31% of the stock is owned by institutional investors and hedge funds.

Qualys Stock Down 7.0%

Shares of Qualys stock opened at $150.28 on Friday. The firm has a market cap of $5.20 billion, a P/E ratio of 26.00 and a beta of 0.62. Qualys has a fifty-two week low of $74.51 and a fifty-two week high of $201.54. The business has a 50-day moving average price of $166.35 and a 200 day moving average price of $122.47.

Qualys (NASDAQ:QLYS) last announced its quarterly earnings data on Tuesday, August 4th. The software maker reported $1.98 earnings per share (EPS) 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 firm had revenue of $182.18 million for the quarter, compared to analysts’ expectations of $178.57 million. During the same quarter in the prior year, the firm posted $1.68 earnings per share. Qualys’s revenue for the quarter 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. As a group, equities research analysts anticipate that Qualys will post 5.85 earnings per share for the current year.

Qualys Company Profile

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.