Brokerages Set Qualys, Inc. (NASDAQ:QLYS) PT at $143.57

Shares of Qualys, Inc. (NASDAQ:QLYS) have received a consensus recommendation of “Hold” from the seventeen analysts that are covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, twelve have issued a hold recommendation, two have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $143.5714.

Several equities analysts recently issued reports on QLYS shares. Berenberg Bank began coverage on Qualys in a research report on Tuesday, November 18th. They set a “hold” rating and a $165.00 price target on the stock. Truist Financial reissued a “hold” rating and set a $130.00 price objective (down previously from $145.00) on shares of Qualys in a research note on Wednesday, November 5th. Northland Securities set a $162.00 target price on shares of Qualys in a research note on Wednesday, November 5th. UBS Group upped their price target on shares of Qualys from $145.00 to $150.00 and gave the company a “neutral” rating in a report on Wednesday, November 5th. Finally, JPMorgan Chase & Co. raised their price target on shares of Qualys from $115.00 to $117.00 and gave the stock an “underweight” rating in a report on Wednesday, November 5th.

Insiders Place Their Bets

In other Qualys news, insider Bruce K. Posey sold 1,077 shares of the company’s stock in a transaction on Monday, December 22nd. The shares were sold at an average price of $142.46, for a total value of $153,429.42. Following the completion of the transaction, the insider directly owned 69,699 shares in the company, valued at approximately $9,929,319.54. This represents a 1.52% 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. Also, CFO Joo Mi Kim sold 4,753 shares of Qualys stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $130.77, for a total transaction of $621,549.81. Following the sale, the chief financial officer directly owned 94,672 shares in the company, valued at $12,380,257.44. The trade was a 4.78% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 37,153 shares of company stock worth $5,212,718. 0.88% of the stock is currently owned by company insiders.

Institutional Trading of Qualys

Several large investors have recently bought and sold shares of the company. GHP Investment Advisors Inc. purchased a new position in shares of Qualys in the 3rd quarter valued at approximately $29,000. Versant Capital Management Inc raised its holdings in Qualys by 451.0% in the third quarter. Versant Capital Management Inc now owns 270 shares of the software maker’s stock worth $36,000 after purchasing an additional 221 shares in the last quarter. Allworth Financial LP lifted its position in Qualys by 86.8% during the third quarter. Allworth Financial LP now owns 284 shares of the software maker’s stock valued at $38,000 after buying an additional 132 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new stake in shares of Qualys during the 2nd quarter valued at $44,000. Finally, Abich Financial Wealth Management LLC purchased a new stake in shares of Qualys in the 3rd quarter worth about $55,000. 99.31% of the stock is owned by institutional investors.

Qualys Stock Performance

Shares of Qualys stock opened at $133.15 on Monday. Qualys has a 52-week low of $112.61 and a 52-week high of $155.47. The company has a fifty day moving average of $141.36 and a 200-day moving average of $136.68. The stock has a market capitalization of $4.77 billion, a price-to-earnings ratio of 25.80 and a beta of 0.50.

Qualys (NASDAQ:QLYS) last posted its quarterly earnings results on Tuesday, November 4th. The software maker reported $1.86 earnings per share for the quarter, topping the consensus estimate of $1.56 by $0.30. Qualys had a net margin of 28.96% and a return on equity of 37.40%. The business had revenue of $169.88 million during the quarter, compared to the consensus estimate of $166.30 million. During the same period in the previous year, the firm posted $1.56 earnings per share. The firm’s revenue for the quarter 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. On average, equities research analysts forecast that Qualys will post 3.85 earnings per share for the current fiscal year.

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.